Largo (LGO) Change in Inventory (2020 - 2026)
Largo (LGO) recorded quarterly Change in Inventory of -$7.3 million in Q1 2026, up 72.15% quarter-over-quarter from -$26.4 million in Q4 2025, and down 213.57% on a YoY basis from $6.5 million in Q1 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 was -$7.3 million for Q1 2026 at Largo, up from -$26.4 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $11.8 million in Q4 2022 to a low of -$26.4 million in Q4 2025.
- Historically, Change in Inventory has averaged -$3.3 million across 5 years, with a median of -$5.3 million in 2025.
- The sharpest annual moves came in 2022 and 2024: Change in Inventory soared 973.13% in 2022, then slumped 2674.75% in 2024.
- A 5-year view of Change in Inventory shows it stood at $11.8 million in 2022, then plunged by 42.2% to $6.8 million in 2023, then slumped by 56.53% to $3.0 million in 2024, then slumped by 992.66% to -$26.4 million in 2025, then soared by 72.15% to -$7.3 million in 2026.
- The last three Change in Inventory figures came in at -$7.3 million (Q1 2026), -$26.4 million (Q4 2025), and -$11.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | 5.82 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 | 8.85 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 28.92 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 | -559,000.00 |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | -7.35 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 |