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
DateValue
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