Lithium Americas (LAC) Operating Expenses (2023 - 2026)
Lithium Americas' (LAC) quarterly Operating Expenses came in at $15.1 million in Q2 2026, up 92.9% year-over-year from $7.8 million in Q2 2025, and up 92.9% quarter-over-quarter from $7.8 million in Q2 2025.
Analysis
Lithium Americas (LAC) Operating Expenses (2023 - 2026) Analysis & Trends
Lithium Americas has disclosed Operating Expenses across 4 years of filings, most recently posting $15.1 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 92.9% year-over-year to $15.1 million; the TTM figure through Jun 2026 stood at $42.4 million (changed N/A YoY), while the FY2023 annual figure was $27.6 million, down 54.61% from the prior year.
- Operating Expenses came in at $15.1 million for Q2 2026 at Lithium Americas, up from $7.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $15.1 million in Q2 2026 to a low of $5.7 million in Q3 2024.
- Average Operating Expenses over 4 years is $10.6 million, with a median of $10.8 million recorded in 2023.
- The largest YoY upside for Operating Expenses was 92.9% in 2026 against a maximum downside of 92.9% in 2026.
- Over 4 years, Operating Expenses stood at $13.8 million in 2023, then plunged by 58.71% to $5.7 million in 2024, then jumped by 38.14% to $7.8 million in 2025, then surged by 92.9% to $15.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $15.1 million in Q2 2026, $7.8 million in Q2 2025, and $5.7 million in Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chemical & Mining Co Of Chile | 20.66 Bn | 16.31 Bn | 1.26 Bn | -52.40 Mn |
| 2 | Albemarle | 14.44 Bn | 12.80 Bn | 590.30 Mn | - |
| 3 | Sigma Lithium | 1.12 Bn | 1.10 Bn | 32.81 Mn | -25.24 Mn |
| 4 | Lithium Americas | 1.12 Bn | -161.96 Mn | - | 15.14 Mn |
| 5 | Lithium Argentina AG | 1.04 Bn | 876.70 Mn | 110.99 Mn | -6.65 Mn |
| 6 | Solid Power | 559.29 Mn | 559.29 Mn | -1.85 Mn | 30.02 Mn |
| 7 | Standard Lithium | 468.47 Mn | 331.22 Mn | - | 3.05 Mn |
| 8 | American Battery Technology | 338.21 Mn | 298.93 Mn | 737,749.00 | 35.14 Mn |
| 9 | Atlas Lithium | 91.02 Mn | 54.52 Mn | - | 11.83 Mn |
| 10 | American Battery Materials | 18.82 Mn | 18.82 Mn | - | 717,939.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.14 Mn |
| Jun 30, 2025 | 7.85 Mn |
| Sep 30, 2024 | 5.68 Mn |
| Dec 31, 2023 | 13.76 Mn |