MP Materials (MP) Payables (2019 - 2026)

MP Materials (MP) reported Payables of $33.0 million for Q1 2026, up 58.09% on a YoY basis from $20.9 million in Q1 2025, and down 10.0% quarter-over-quarter from $36.7 million in Q4 2025.

MP Materials (MP) Payables (2019 - 2026) Analysis & Trends

MP Materials has reported Payables for 8 years, with the latest figure at $33.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Payables rose 58.09% year-over-year to $33.0 million; the trailing twelve-month figure through Mar 2026 stood at $33.0 million (up 58.09% YoY), and the FY2025 full-year result was $36.7 million, up 55.57% from the prior year.
  • Payables for Q1 2026 stood at $33.0 million, down from $36.7 million in the prior quarter.
  • The five-year high for Payables was $92.1 million in Q3 2023, with the low at $15.3 million in Q4 2022.
  • Historically, Payables has averaged $39.9 million across 5 years, with a median of $28.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Payables soared 152.29% — and 2024, when it plunged 76.43%.
  • MP Materials' Payables 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 31.77 Mn
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 45.89 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 1.69 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 32.99 Mn
6 Iperionx 8.57 Bn 8.52 Bn - 10.37 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 212.09 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 59.02 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 38.82 Mn
10 USA Rare Earth 2.20 Bn 2.20 Bn - 12.92 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 37.73 Mn