Largo (LGO) Capital Expenditures (2020 - 2026)

Largo (LGO) recorded quarterly Capital Expenditures of -$6.6 million in Q1 2026, down 458.54% quarter-over-quarter from $1.8 million in Q4 2025, and up 23.83% on a YoY basis from -$5.3 million in Q1 2025.

Largo (LGO) Capital Expenditures (2020 - 2026) Analysis & Trends

Largo's Capital Expenditures history runs 7 years deep, the most recent figure standing at -$6.6 million for Q1 2026.

  • In Q1 2026, Capital Expenditures rose 23.83% year-over-year to -$6.6 million; the TTM figure through Mar 2026 stood at $58.5 million (up 29.75% YoY), while the FY2025 annual figure was $191.9 million, up 12.36% from the prior year.
  • Capital Expenditures was -$6.6 million for Q1 2026 at Largo, down from $1.8 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $202.9 million in Q3 2025 to a low of -$17.3 million in Q4 2022.
  • Historically, Capital Expenditures has averaged $41.1 million across 5 years, with a median of -$8.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Capital Expenditures surged 3159.34% in 2022, then tumbled 346.92% in 2023.
  • A 5-year view of Capital Expenditures shows it stood at -$17.3 million in 2022, then advanced by 14.85% to -$14.7 million in 2023, then surged by 588.58% to $71.9 million in 2024, then slumped by 97.44% to $1.8 million in 2025, then sank by 458.54% to -$6.6 million in 2026.
  • The last three Capital Expenditures figures came in at -$6.6 million (Q1 2026), $1.8 million (Q4 2025), and $202.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (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 - -
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 77.38 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 15.29 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -2.59 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 98.00 Mn
10 Largo 77,111.03 -8.46 Mn - -6.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.62 Mn
Mar 31, 2026 -6.62 Mn
Dec 31, 2025 1.85 Mn
Dec 31, 2025 1.85 Mn
Sep 30, 2025 202.87 Mn
Sep 30, 2025 202.87 Mn
Jun 30, 2025 199.15 Mn
Jun 30, 2025 199.15 Mn
Mar 31, 2025 -8.69 Mn
Mar 31, 2025 -8.69 Mn
Dec 31, 2024 71.95 Mn
Dec 31, 2024 71.95 Mn
Sep 30, 2024 -7.99 Mn
Sep 30, 2024 -7.99 Mn
Jun 30, 2024 187.11 Mn
Jun 30, 2024 187.11 Mn
Mar 31, 2024 -10.20 Mn
Mar 31, 2024 -10.20 Mn
Dec 31, 2023 -14.73 Mn
Dec 31, 2023 -14.73 Mn