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MP Materials MP Contract Liabilities

Contract Liabilities at other companies

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Other financials

Income statement

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Revenue$90.6M+49.1%
Gross profit$16.4M+36.9%
Operating income-$24.1M+30.6%
Net income-$8.0M+64.8%
EPS (diluted)-$0.04+71.4%

Balance sheet

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Cash & equivalents$887.1M+344%
Total debt$1.0B+10.8%
Total equity$2.0B+89.9%
Total assets$3.8B+62.2%

Cash flow

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Operating cash flow-$1.9M+97.0%
CapEx$77.4M+154%
Free cash flow-$79.3M+15.4%

Valuation

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Market cap$10.84B+115%
Enterprise value$10.97B+84.9%
P/S42.6×+19.3×

Profitability

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Gross margin14.2%+9.5pp
Operating margin-54.6%-13.0pp
Net margin-50.5%
FCF margin-123.4%+141pp

Returns & leverage

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Return on equity-7.8%
Debt / equity0.5×-0.4×
Current ratio7.2×+3.1×

Where this comes from

Reported directly by MP Materials in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: MP Materials’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MP Materials's contract liabilities?
MP Materials (MP) reported contract liabilities of $77.85M in Q1 2026.
How has MP Materials's contract liabilities changed year-over-year?
MP Materials's contract liabilities increased by 12.1% year-over-year, from $69.47M to $77.85M.
What does contract liabilities mean?
The value of goods or services the company owes to customers who have already paid.
How do you interpret contract liabilities?
An increase suggests strong future revenue potential and customer commitment, while a decrease indicates the fulfillment of those obligations.
How does contract liabilities compare across companies?
Used across industries with long-term contracts or prepayments to gauge future revenue visibility.