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
DateValue
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