Income Tax Expense (Benefit) of MP Materials Corp. / DE from 31 Dec 2019 to 31 Dec 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
MP Materials Corp. / DE quarterly and annual Income Tax Expense (Benefit) in USD history and change rate from 31 Dec 2019 to 31 Dec 2025.
  • MP Materials Corp. / DE Income Tax Expense (Benefit) for the quarter ending 31 Dec 2025 was $1,131,000.
  • MP Materials Corp. / DE Income Tax Expense (Benefit) for the twelve months ending 31 Dec 2025 was $31,900,000, a 14% decline year-over-year.
  • MP Materials Corp. / DE annual Income Tax Expense (Benefit) for 2025 was $31,900,000, a 14% decline from 2024.
  • MP Materials Corp. / DE annual Income Tax Expense (Benefit) for 2024 was $27,923,000, a 418% decline from 2023.
  • MP Materials Corp. / DE annual Income Tax Expense (Benefit) for 2023 was $8,768,000, a 83% decline from 2022.
Source SEC data
View on sec.gov
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

MP Materials Corp. / DE Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q4 2025 $31,900,000 $1,131,000 +$12,750,000 01 Oct 2025 31 Dec 2025 10-K 26 Feb 2026 2025 FY
Q3 2025 $44,650,000 $16,652,000 -$7,302,000 -78% 01 Jul 2025 30 Sep 2025 10-Q 07 Nov 2025 2025 Q3
Q2 2025 $37,348,000 $11,852,000 +$2,246,000 +16% 01 Apr 2025 30 Jun 2025 10-Q 08 Aug 2025 2025 Q2
Q1 2025 $39,594,000 $4,527,000 -$11,671,000 -163% 01 Jan 2025 31 Mar 2025 10-Q 09 May 2025 2025 Q1
Q4 2024 $27,923,000 $11,619,000 -$7,221,000 -164% 01 Oct 2024 31 Dec 2024 10-K 26 Feb 2026 2025 FY
Q3 2024 $20,702,000 $9,350,000 -$9,150,000 -4575% 01 Jul 2024 30 Sep 2024 10-Q 07 Nov 2025 2025 Q3
Q2 2024 $11,552,000 $14,098,000 -$19,615,000 -356% 01 Apr 2024 30 Jun 2024 10-Q 08 Aug 2025 2025 Q2
Q1 2024 $8,063,000 $7,144,000 -$705,000 -9% 01 Jan 2024 31 Mar 2024 10-Q 09 May 2025 2025 Q1
Q4 2023 $8,768,000 $4,398,000 +$15,521,000 +78% 01 Oct 2023 31 Dec 2023 10-K 26 Feb 2026 2025 FY
Q3 2023 $6,753,000 $200,000 -$21,134,000 -101% 01 Jul 2023 30 Sep 2023 10-Q 08 Nov 2024 2024 Q3
Q2 2023 $14,381,000 $5,517,000 -$17,854,000 -76% 01 Apr 2023 30 Jun 2023 10-Q 06 Aug 2024 2024 Q2
Q1 2023 $32,235,000 $7,849,000 -$19,913,000 -72% 01 Jan 2023 31 Mar 2023 10-Q 03 May 2024 2024 Q1
Q4 2022 $52,148,000 $19,919,000 -$25,619,000 -449% 01 Oct 2022 31 Dec 2022 10-K 28 Feb 2025 2024 FY
Q3 2022 $77,767,000 $20,934,000 +$12,131,000 +138% 01 Jul 2022 30 Sep 2022 10-Q 03 Nov 2023 2023 Q3
Q2 2022 $65,636,000 $23,371,000 +$17,207,000 +279% 01 Apr 2022 30 Jun 2022 10-Q 04 Aug 2023 2023 Q2
Q1 2022 $48,429,000 $27,762,000 +$23,271,000 +518% 01 Jan 2022 31 Mar 2022 10-Q 05 May 2023 2023 Q1
Q4 2021 $25,158,000 $5,700,000 +$23,547,000 01 Oct 2021 31 Dec 2021 10-K 28 Feb 2024 2023 FY
Q3 2021 $1,611,000 $8,803,000 +$8,928,000 01 Jul 2021 30 Sep 2021 10-Q 04 Nov 2022 2022 Q3
Q2 2021 $7,317,000 $6,164,000 +$5,828,000 +1735% 01 Apr 2021 30 Jun 2021 10-Q 05 Aug 2022 2022 Q2
Q1 2021 $13,145,000 $4,491,000 +$4,491,000 01 Jan 2021 31 Mar 2021 10-Q 06 May 2022 2022 Q1
Q4 2020 $17,636,000 $17,847,000 01 Oct 2020 31 Dec 2020 10-K 28 Feb 2023 2022 FY
Q3 2020 $125,000 01 Jul 2020 30 Sep 2020 10-Q 10 Nov 2021 2021 Q3
Q2 2020 $336,000 01 Apr 2020 30 Jun 2020 10-Q 09 Aug 2021 2021 Q2
Q1 2020 $0 01 Jan 2020 31 Mar 2020 10-Q 13 May 2021 2021 Q1

MP Materials Corp. / DE Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2025 $31,900,000 -$3,977,000 -14% 01 Jan 2025 31 Dec 2025 10-K 26 Feb 2026 2025 FY
2024 $27,923,000 -$36,691,000 -418% 01 Jan 2024 31 Dec 2024 10-K 26 Feb 2026 2025 FY
2023 $8,768,000 -$43,380,000 -83% 01 Jan 2023 31 Dec 2023 10-K 26 Feb 2026 2025 FY
2022 $52,148,000 +$26,990,000 +107% 01 Jan 2022 31 Dec 2022 10-K 28 Feb 2025 2024 FY
2021 $25,158,000 +$42,794,000 01 Jan 2021 31 Dec 2021 10-K 28 Feb 2024 2023 FY
2020 $17,636,000 -$17,637,000 01 Jan 2020 31 Dec 2020 10-K 28 Feb 2023 2022 FY
2019 $1,000* 01 Jan 2019 31 Dec 2019 10-K 28 Feb 2022 2021 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.