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| Date | Value |
|---|---|
| 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 |