Largo (LGO) Depreciation and Depletion (2020 - 2026)

Largo (LGO) recorded quarterly Depreciation and Depletion of $7.1 million in Q1 2026, up 6.49% quarter-over-quarter from $6.7 million in Q4 2025, and up 25.53% on a YoY basis from $5.7 million in Q1 2025.

Largo (LGO) Depreciation and Depletion (2020 - 2026) Analysis & Trends

Largo's Depreciation and Depletion history runs 7 years deep, the most recent figure standing at $7.1 million for Q1 2026.

  • In Q1 2026, Depreciation and Depletion rose 25.53% year-over-year to $7.1 million; the TTM figure through Mar 2026 stood at $23.4 million (down 8.54% YoY), while the FY2025 annual figure was $22.0 million, down 23.3% from the prior year.
  • Depreciation and Depletion was $7.1 million for Q1 2026 at Largo, up from $6.7 million in the prior quarter.
  • In the past five years, Depreciation and Depletion ranged from a high of $8.7 million in Q1 2024 to a low of $4.3 million in Q2 2025.
  • Historically, Depreciation and Depletion has averaged $6.5 million across 5 years, with a median of $6.7 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Depreciation and Depletion soared 70.32% in 2023, then plunged 34.86% in 2025.
  • A 5-year view of Depreciation and Depletion shows it stood at $6.7 million in 2022, then increased by 19.61% to $8.0 million in 2023, then grew by 2.0% to $8.2 million in 2024, then dropped by 18.35% to $6.7 million in 2025, then climbed by 6.49% to $7.1 million in 2026.
  • The last three Depreciation and Depletion figures came in at $7.1 million (Q1 2026), $6.7 million (Q4 2025), and $5.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (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 2.19 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn -
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 2.60 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 Largo 77,111.03 -8.46 Mn - 7.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.13 Mn
Mar 31, 2026 7.13 Mn
Dec 31, 2025 6.70 Mn
Dec 31, 2025 6.70 Mn
Sep 30, 2025 5.31 Mn
Sep 30, 2025 5.31 Mn
Jun 30, 2025 4.31 Mn
Jun 30, 2025 4.31 Mn
Mar 31, 2025 5.68 Mn
Mar 31, 2025 5.68 Mn
Dec 31, 2024 8.21 Mn
Dec 31, 2024 8.21 Mn
Sep 30, 2024 5.58 Mn
Sep 30, 2024 5.58 Mn
Jun 30, 2024 6.17 Mn
Jun 30, 2024 6.17 Mn
Mar 31, 2024 8.72 Mn
Mar 31, 2024 8.72 Mn
Dec 31, 2023 8.04 Mn
Dec 31, 2023 8.04 Mn