MP Materials (MP) Receivables (2019 - 2026)

MP Materials (MP) reported Receivables of $119.3 million for Q1 2026, up 34.13% on a YoY basis from $88.9 million in Q1 2025, and down 18.69% quarter-over-quarter from $146.7 million in Q4 2025.

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

MP Materials has reported Receivables for 8 years, with the latest figure at $119.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Receivables rose 34.13% year-over-year to $119.3 million; the trailing twelve-month figure through Mar 2026 stood at $119.3 million (up 34.13% YoY), and the FY2025 full-year result was $56.6 million, up 44.28% from the prior year.
  • Receivables for Q1 2026 stood at $119.3 million, down from $146.7 million in the prior quarter.
  • The five-year high for Receivables was $146.7 million in Q4 2025, with the low at $11.1 million in Q2 2023.
  • Historically, Receivables has averaged $50.3 million across 5 years, with a median of $39.6 million in 2023.
  • Annual changes were most pronounced in 2022 — Receivables slumped 67.44% — and 2025, when it soared 273.77%.
  • MP Materials' Receivables stood at $32.9 million in 2022, then declined by 10.73% to $29.3 million in 2023, then jumped by 33.8% to $39.2 million in 2024, then soared by 273.77% to $146.7 million in 2025, then fell by 18.69% to $119.3 million in 2026.
  • The last three Receivables figures came in at $119.3 million (Q1 2026), $146.7 million (Q4 2025), and $50.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 30.24 Mn
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 4.84 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 957,000.00
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 119.27 Mn
6 Iperionx 8.57 Bn 8.52 Bn - 1.15 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 534.97 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 21.88 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 12.12 Mn
10 USA Rare Earth 2.20 Bn 2.20 Bn - 7.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 119.27 Mn
Dec 31, 2025 146.68 Mn
Sep 30, 2025 50.65 Mn
Jun 30, 2025 41.09 Mn
Mar 31, 2025 88.92 Mn
Dec 31, 2024 39.24 Mn
Sep 30, 2024 22.40 Mn
Jun 30, 2024 27.83 Mn
Mar 31, 2024 40.90 Mn
Dec 31, 2023 29.33 Mn
Sep 30, 2023 13.18 Mn
Jun 30, 2023 11.11 Mn
Mar 31, 2023 40.05 Mn
Dec 31, 2022 32.86 Mn
Dec 31, 2021 100.91 Mn
Dec 31, 2020 7.09 Mn
Dec 31, 2019 370,000.00