Lithium Argentina AG (LAR) Research & Development (2017 - 2025)
Lithium Argentina AG (LAR) reported Research & Development of $12.0 million for Q4 2025, down 32.24% on a YoY basis from $17.7 million in Q4 2024, and up 1034.48% quarter-over-quarter from -$1.3 million in Q3 2025.
Lithium Argentina AG (LAR) Research & Development (2017 - 2025) Analysis & Trends
Lithium Argentina AG has reported Research & Development for 9 years, with the latest figure at $12.0 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 32.24% year-over-year to $12.0 million; the trailing twelve-month figure through Dec 2025 stood at $6.7 million (down 33.63% YoY), and the FY2025 full-year result was $6.7 million, down 33.63% from the prior year.
- Research & Development for Q4 2025 stood at $12.0 million, up from -$1.3 million in the prior quarter.
- The five-year high for Research & Development was $31.2 million in Q4 2023, with the low at -$12.8 million in Q2 2022.
- Historically, Research & Development has averaged $1.1 million across 5 years, with a median of -$1.9 million in 2023.
- Annual changes were most pronounced in 2021 — Research & Development sank 276.74% — and 2023, when it jumped 312.26%.
- Lithium Argentina AG's Research & Development stood at $25.9 million in 2021, then slumped by 70.77% to $7.6 million in 2022, then jumped by 312.26% to $31.2 million in 2023, then slumped by 43.36% to $17.7 million in 2024, then slumped by 32.24% to $12.0 million in 2025.
- The last three Research & Development figures came in at $12.0 million (Q4 2025), -$1.3 million (Q3 2025), and -$2.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 643,159.42 |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 209.01 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | - |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 6.16 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 9.97 Mn |
| 10 | Lithium Argentina AG | 14.02 Mn | -47.08 Mn | - | 11.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 11.98 Mn |
| Sep 30, 2025 | -1.28 Mn |
| Jun 30, 2025 | -2.20 Mn |
| Mar 31, 2025 | -1.81 Mn |
| Dec 31, 2024 | 17.68 Mn |
| Sep 30, 2024 | -1.76 Mn |
| Jun 30, 2024 | -2.76 Mn |
| Mar 31, 2024 | -3.09 Mn |
| Dec 31, 2023 | 31.21 Mn |
| Sep 30, 2023 | -1.84 Mn |
| Jun 30, 2023 | -6.22 Mn |
| Mar 31, 2023 | -1.98 Mn |
| Dec 31, 2022 | 7.57 Mn |
| Sep 30, 2022 | -1.12 Mn |
| Jun 30, 2022 | -12.79 Mn |
| Mar 31, 2022 | -10.21 Mn |
| Dec 31, 2021 | 25.90 Mn |
| Sep 30, 2021 | -12.38 Mn |
| Jun 30, 2021 | -8.84 Mn |
| Mar 31, 2021 | -4.68 Mn |