Largo (LGO) Change in Inventory (2020 - 2026)
Largo (LGO) posted quarterly Change in Inventory of -$7.3 million for Q1 2026, down 213.57% year-over-year from $6.5 million in Q1 2025, and up 72.15% quarter-over-quarter from -$26.4 million in Q4 2025.
Largo (LGO) Change in Inventory (2020 - 2026) Analysis & Trends
Largo's Change in Inventory history runs 7 years deep, the most recent figure standing at -$7.3 million for Q1 2026.
- In Q1 2026, Change in Inventory fell 213.57% year-over-year to -$7.3 million; the TTM figure through Mar 2026 stood at -$50.9 million (down 597.16% YoY), while the FY2025 annual figure was -$15.7 million, down 168.73% from the prior year.
- Change in Inventory for Q1 2026 stood at -$7.3 million, up from -$26.4 million in the prior quarter.
- The five-year high for Change in Inventory was $11.8 million in Q4 2022, with the low at -$26.4 million in Q4 2025.
- The 5-year median for Change in Inventory is -$5.3 million (2025), against an average of -$3.3 million.
- The sharpest annual moves came in 2022 and 2024: Change in Inventory soared 377.45% in 2022, then sank 2674.75% in 2024.
- Largo's Change in Inventory stood at $11.8 million in 2022, then tumbled by 42.2% to $6.8 million in 2023, then sank by 56.53% to $3.0 million in 2024, then sank by 992.66% to -$26.4 million in 2025, then surged by 72.15% to -$7.3 million in 2026.
- Business Quant data shows LGO's Change in Inventory at -$7.3 million in Q1 2026, -$26.4 million in Q4 2025, and -$11.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | - |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | 11.96 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | - |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | -6.98 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | - |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | - |
| 10 | Largo | 77,565.36 | -10.02 Mn | 44.00 Mn | -7.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.35 Mn |
| Mar 31, 2026 | -7.35 Mn |
| Dec 31, 2025 | -26.38 Mn |
| Dec 31, 2025 | -26.38 Mn |
| Sep 30, 2025 | -11.89 Mn |
| Sep 30, 2025 | -11.89 Mn |
| Jun 30, 2025 | -5.25 Mn |
| Jun 30, 2025 | -5.25 Mn |
| Mar 31, 2025 | 6.47 Mn |
| Mar 31, 2025 | 6.47 Mn |
| Dec 31, 2024 | 2.96 Mn |
| Dec 31, 2024 | 2.96 Mn |
| Sep 30, 2024 | -10.30 Mn |
| Sep 30, 2024 | -10.30 Mn |
| Jun 30, 2024 | -6.42 Mn |
| Jun 30, 2024 | -6.42 Mn |
| Mar 31, 2024 | 7.92 Mn |
| Mar 31, 2024 | 7.92 Mn |
| Dec 31, 2023 | 6.80 Mn |
| Dec 31, 2023 | 6.80 Mn |