Largo (LGO) Cost of Revenue (2021 - 2024)

Largo (LGO) recorded quarterly Cost of Revenue of $1.8 billion in Q2 2024, down 25.96% quarter-over-quarter from $2.4 billion in Q2 2023, and down 25.96% on a YoY basis from $2.4 billion in Q3 2023.

Largo (LGO) Cost of Revenue (2021 - 2024) Analysis & Trends

Largo's Cost of Revenue history runs 4 years deep, the most recent figure standing at $1.8 billion for Q2 2024.

  • In Q2 2024, Cost of Revenue fell 25.96% year-over-year to $1.8 billion; the TTM figure through Jun 2024 stood at $4.3 billion (changed N/A YoY), while the FY2020 annual figure was -$1.6 million, changed N/A from the prior year.
  • Cost of Revenue was $1.8 billion for Q2 2024 at Largo, down from $2.4 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.4 billion in Q2 2023 to a low of $2718.6 in Q1 2022.
  • Historically, Cost of Revenue has averaged $1.1 billion across 4 years, with a median of $907.0 million in 2021.
  • Biggest YoY gain for Cost of Revenue was 25.96% in 2024; the steepest drop was 25.96% in 2024.
  • A 4-year view of Cost of Revenue shows it stood at $3072.1 in 2021, then decreased by 11.51% to $2718.6 in 2022, then surged by 90121169.4% to $2.4 billion in 2023, then fell by 25.96% to $1.8 billion in 2024.
  • The last three Cost of Revenue figures came in at $1.8 billion (Q2 2024), $2.4 billion (Q2 2023), and $2718.6 (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (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 74.25 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 467.99 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 16.77 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 20.11 Mn
10 Largo 77,111.03 -8.46 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 1.81 Bn
Jun 30, 2024 1.81 Bn
Jun 30, 2023 2.45 Bn
Jun 30, 2023 2.45 Bn
Mar 31, 2022 2,718.56
Mar 31, 2022 2,718.56
Dec 31, 2021 3,072.12
Dec 31, 2021 3,072.12