Lithium Argentina AG (LAR) Research & Development (2017 - 2025)
Lithium Argentina AG's (LAR) quarterly Research & Development came in at $12.0 million in Q4 2025, up 37.7% YoY from $8.7 million in Q4 2024, and up 1034.48% on a QoQ basis from -$1.3 million in Q3 2025.
Lithium Argentina AG (LAR) Research & Development (2017 - 2025) Analysis & Trends
Lithium Argentina AG (LAR) has 9 years of Research & Development data on file, last reported at $12.0 million in Q4 2025.
- Quarterly Research & Development rose 37.7% year-over-year to $12.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $6.7 million (up 509.2% YoY) and the FY2025 annual result came in at $6.7 million, down 33.63% from the prior year.
- Research & Development grew to $12.0 million in Q4 2025, from -$1.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $61.9 million in Q4 2021 to a low of -$12.8 million in Q2 2022.
- A 5-year average of $1.1 million and a median of -$1.9 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2021 — Research & Development sank 276.74% — and 2022, when it soared 223.88%.
- Tracing LAR's Research & Development over 5 years: stood at $61.9 million in 2021, then tumbled by 87.76% to $7.6 million in 2022, then slumped by 247.93% to -$11.2 million in 2023, then soared by 177.68% to $8.7 million in 2024, then jumped by 37.7% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | -2.89 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | - |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | - |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 6.56 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.26 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 10.77 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | - |
| 10 | Lithium Argentina AG | 970.60 Mn | 909.50 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 | 8.70 Mn |
| Sep 30, 2024 | -1.76 Mn |
| Jun 30, 2024 | -2.76 Mn |
| Mar 31, 2024 | -3.09 Mn |
| Dec 31, 2023 | -11.20 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 | 5.80 Mn |
| Dec 31, 2021 | 61.86 Mn |
| Sep 30, 2021 | -12.38 Mn |
| Jun 30, 2021 | -8.84 Mn |
| Mar 31, 2021 | -4.68 Mn |