MP Materials (MP) Other Operating Expenses (2020 - 2026)
MP Materials (MP) reported Other Operating Expenses of -$9.2 million for Q1 2026, down 3897.53% on a YoY basis from $243000.0 in Q1 2025, and down 297.93% quarter-over-quarter from -$2.3 million in Q4 2025.
MP Materials (MP) Other Operating Expenses (2020 - 2026) Analysis & Trends
MP Materials has reported Other Operating Expenses for 7 years, with the latest figure at -$9.2 million in Q1 2026.
- For the quarter ending Q1 2026, Other Operating Expenses fell 3897.53% year-over-year to -$9.2 million; the trailing twelve-month figure through Mar 2026 stood at -$11.7 million (down 213.47% YoY), and the FY2025 full-year result was -$2.2 million, up 49.06% from the prior year.
- Other Operating Expenses for Q1 2026 stood at -$9.2 million, down from -$2.3 million in the prior quarter.
- The five-year high for Other Operating Expenses was $50.8 million in Q4 2023, with the low at -$9.2 million in Q1 2026.
- Historically, Other Operating Expenses has averaged $16.3 million across 5 years, with a median of $619000.0 in 2025.
- Annual changes were most pronounced in 2025 — Other Operating Expenses surged 261.2% — and 2026, when it sank 3897.53%.
- MP Materials' Other Operating Expenses stood at $27.6 million in 2022, then soared by 84.14% to $50.8 million in 2023, then slumped by 105.78% to -$2.9 million in 2024, then advanced by 20.93% to -$2.3 million in 2025, then tumbled by 297.93% to -$9.2 million in 2026.
- The last three Other Operating Expenses figures came in at -$9.2 million (Q1 2026), -$2.3 million (Q4 2025), and -$758000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.23 Mn |
| Dec 31, 2025 | -2.32 Mn |
| Sep 30, 2025 | -758,000.00 |
| Jun 30, 2025 | 619,000.00 |
| Mar 31, 2025 | 243,000.00 |
| Dec 31, 2024 | -2.93 Mn |
| Sep 30, 2024 | -654,000.00 |
| Jun 30, 2024 | -384,000.00 |
| Mar 31, 2024 | -377,000.00 |
| Dec 31, 2023 | 50.76 Mn |
| Sep 30, 2023 | 47.83 Mn |
| Jun 30, 2023 | 41.71 Mn |
| Mar 31, 2023 | 40.54 Mn |
| Dec 31, 2022 | 27.57 Mn |
| Sep 30, 2022 | 28.21 Mn |
| Jun 30, 2022 | 26.61 Mn |
| Mar 31, 2022 | 28.83 Mn |
| Mar 31, 2021 | 23.28 Mn |
| Jun 30, 2020 | -66.60 Mn |
| Mar 31, 2020 | 14.89 Mn |