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
DateValue
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