MP Materials (MP) Tax Provisions (2020 - 2026)
MP Materials' (MP) quarterly Tax Provisions came in at -$5.7 million in Q1 2026, down 25.34% YoY from -$7.6 million in Q1 2025, and down 601.68% on a QoQ basis from $1.1 million in Q4 2025.
MP Materials (MP) Tax Provisions (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of Tax Provisions data on file, last reported at -$5.7 million in Q1 2026.
- Quarterly Tax Provisions fell 25.34% year-over-year to -$5.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$33.0 million (up 16.54% YoY) and the FY2025 annual result came in at -$31.9 million, down 14.24% from the prior year.
- Tax Provisions eased to -$5.7 million in Q1 2026, from $1.1 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $27.8 million in Q1 2022 to a low of -$19.9 million in Q4 2022.
- A 5-year average of -$269470.6 and a median of -$4.4 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions jumped 518.17% — and 2024, when it tumbled 4575.0%.
- Tracing MP's Tax Provisions over 5 years: stood at -$19.9 million in 2022, then jumped by 77.92% to -$4.4 million in 2023, then sank by 164.19% to -$11.6 million in 2024, then jumped by 109.73% to $1.1 million in 2025, then plunged by 601.68% to -$5.7 million in 2026.
- The last three Tax Provisions figures came in at -$5.7 million (Q1 2026), $1.1 million (Q4 2025), and -$16.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -415.68 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -9.04 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 4.51 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 5.74 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -513,000.00 |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | -51,000.00 |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | -75.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -9.04 Mn |
| Mar 31, 2026 | -5.67 Mn |
| Dec 31, 2025 | 1.13 Mn |
| Sep 30, 2025 | -16.65 Mn |
| Jun 30, 2025 | -11.85 Mn |
| Mar 31, 2025 | -4.53 Mn |
| Dec 31, 2024 | -11.62 Mn |
| Sep 30, 2024 | -9.35 Mn |
| Jun 30, 2024 | -14.10 Mn |
| Mar 31, 2024 | 7.14 Mn |
| Dec 31, 2023 | -4.40 Mn |
| Sep 30, 2023 | -200,000.00 |
| Jun 30, 2023 | 5.52 Mn |
| Mar 31, 2023 | 7.85 Mn |
| Dec 31, 2022 | -19.92 Mn |
| Sep 30, 2022 | 20.93 Mn |
| Jun 30, 2022 | 23.37 Mn |
| Mar 31, 2022 | 27.76 Mn |
| Dec 31, 2021 | 5.70 Mn |
| Sep 30, 2021 | 8.80 Mn |