MP Materials (MP) Payables (2019 - 2026)
MP Materials' (MP) quarterly Payables came in at $33.0 million in Q1 2026, up 58.09% YoY from $20.9 million in Q1 2025, and down 10.0% on a QoQ basis from $36.7 million in Q4 2025.
MP Materials (MP) Payables (2019 - 2026) Analysis & Trends
MP Materials (MP) has 8 years of Payables data on file, last reported at $33.0 million in Q1 2026.
- Quarterly Payables rose 58.09% year-over-year to $33.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.0 million (up 58.09% YoY) and the FY2025 annual result came in at $36.7 million, up 55.57% from the prior year.
- Payables eased to $33.0 million in Q1 2026, from $36.7 million in the prior quarter.
- In the past five years, Payables ranged from a high of $92.1 million in Q3 2023 to a low of $15.3 million in Q4 2022.
- A 5-year average of $39.9 million and a median of $28.0 million in 2023 frame the typical range for Payables.
- Annual changes were most pronounced in 2022 — Payables soared 152.29% — and 2024, when it plunged 76.43%.
- Tracing MP's Payables over 5 years: stood at $15.3 million in 2022, then surged by 82.66% to $28.0 million in 2023, then dropped by 15.83% to $23.6 million in 2024, then soared by 55.57% to $36.7 million in 2025, then fell by 10.0% to $33.0 million in 2026.
- The last three Payables figures came in at $33.0 million (Q1 2026), $36.7 million (Q4 2025), and $25.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | 7.58 Bn |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | 10.93 Bn |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 2.05 Bn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 46.02 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 52.16 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 209.77 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 212.56 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 17.37 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 12.77 Mn |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | 532.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.02 Mn |
| Mar 31, 2026 | 32.99 Mn |
| Dec 31, 2025 | 36.66 Mn |
| Sep 30, 2025 | 25.38 Mn |
| Jun 30, 2025 | 21.73 Mn |
| Mar 31, 2025 | 20.87 Mn |
| Dec 31, 2024 | 23.56 Mn |
| Sep 30, 2024 | 21.71 Mn |
| Jun 30, 2024 | 19.76 Mn |
| Mar 31, 2024 | 26.14 Mn |
| Dec 31, 2023 | 28.00 Mn |
| Sep 30, 2023 | 92.10 Mn |
| Jun 30, 2023 | 71.66 Mn |
| Mar 31, 2023 | 68.57 Mn |
| Dec 31, 2022 | 15.33 Mn |
| Sep 30, 2022 | 70.24 Mn |
| Jun 30, 2022 | 62.10 Mn |
| Mar 31, 2022 | 41.65 Mn |
| Dec 31, 2021 | 35.73 Mn |
| Sep 30, 2021 | 27.84 Mn |