Largo (LGO) Amortization (2020 - 2026)
Largo (LGO) recorded quarterly Amortization of -$32.1 million in Q1 2026, up 26.5% quarter-over-quarter from -$43.7 million in Q3 2025, and up 19.84% on a YoY basis from -$26.8 million in Q1 2025.
Largo (LGO) Amortization (2020 - 2026) Analysis & Trends
Largo's Amortization history runs 7 years deep, the most recent figure standing at -$32.1 million for Q1 2026.
- In Q1 2026, Amortization rose 19.84% year-over-year to -$32.1 million; the TTM figure through Mar 2026 stood at -$149.3 million (down 486.93% YoY), while the FY2024 annual figure was $170.8 million, up 173.05% from the prior year.
- Amortization was -$32.1 million for Q1 2026 at Largo, up from -$43.7 million in the prior quarter.
- In the past five years, Amortization ranged from a high of $170.8 million in Q4 2024 to a low of -$60.5 million in Q1 2024.
- Historically, Amortization has averaged -$18.3 million across 5 years, with a median of -$42.8 million in 2022.
- Biggest YoY gain for Amortization was 506.7% in 2022; the steepest drop was 2378.8% in 2022.
- A 5-year view of Amortization shows it stood at $7.3 million in 2022, then slumped by 880.75% to -$56.7 million in 2023, then surged by 401.13% to $170.8 million in 2024, then sank by 125.59% to -$43.7 million in 2025, then grew by 26.5% to -$32.1 million in 2026.
- The last three Amortization figures came in at -$32.1 million (Q1 2026), -$43.7 million (Q3 2025), and -$33.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amort. (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 | - | 15.17 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 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 | - |
| 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 | - |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | -32.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -32.11 Mn |
| Mar 31, 2026 | -32.11 Mn |
| Sep 30, 2025 | -43.69 Mn |
| Sep 30, 2025 | -43.69 Mn |
| Jun 30, 2025 | -33.46 Mn |
| Jun 30, 2025 | -33.46 Mn |
| Mar 31, 2025 | -40.06 Mn |
| Mar 31, 2025 | -40.06 Mn |
| Dec 31, 2024 | 170.76 Mn |
| Dec 31, 2024 | 170.76 Mn |
| Sep 30, 2024 | -41.84 Mn |
| Sep 30, 2024 | -41.84 Mn |
| Jun 30, 2024 | -50.27 Mn |
| Jun 30, 2024 | -50.27 Mn |
| Mar 31, 2024 | -60.50 Mn |
| Mar 31, 2024 | -60.50 Mn |
| Dec 31, 2023 | -56.71 Mn |
| Dec 31, 2023 | -56.71 Mn |
| Sep 30, 2023 | -58.73 Mn |
| Sep 30, 2023 | -58.73 Mn |