Largo (LGO) EBIT (2020 - 2026)

Largo (LGO) recorded quarterly EBIT of $8.1 million in Q1 2026, up 110.46% quarter-over-quarter from -$77.3 million in Q4 2025, and down 42.12% on a YoY basis from $14.0 million in Q1 2025.

Largo (LGO) EBIT (2020 - 2026) Analysis & Trends

Largo's EBIT history runs 7 years deep, the most recent figure standing at $8.1 million for Q1 2026.

  • In Q1 2026, EBIT fell 42.12% year-over-year to $8.1 million; the TTM figure through Mar 2026 stood at -$58.5 million (up 96.83% YoY), while the FY2025 annual figure was -$38.5 million, up 37.64% from the prior year.
  • EBIT was $8.1 million for Q1 2026 at Largo, up from -$77.3 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $22.1 million in Q2 2022 to a low of -$45.4 billion in Q2 2023.
  • Historically, EBIT has averaged -$2.8 billion across 5 years, with a median of $2.1 million in 2023.
  • Biggest YoY gain for EBIT was 250382.79% in 2023; the steepest drop was 205693.53% in 2023.
  • A 5-year view of EBIT shows it stood at -$16.4 million in 2022, then soared by 95.67% to -$711000.0 in 2023, then plunged by 16896.34% to -$120.8 million in 2024, then surged by 36.03% to -$77.3 million in 2025, then jumped by 110.46% to $8.1 million in 2026.
  • The last three EBIT figures came in at $8.1 million (Q1 2026), -$77.3 million (Q4 2025), and $6.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (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 - 80.36 Mn
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn -24.12 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 28.18 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 37.35 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -40.34 Mn
10 Largo 77,111.03 -8.46 Mn - 8.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.09 Mn
Dec 31, 2025 -77.30 Mn
Sep 30, 2025 6.34 Mn
Jun 30, 2025 4.39 Mn
Mar 31, 2025 13.97 Mn
Dec 31, 2024 -120.84 Mn
Sep 30, 2024 9.45 Mn
Jun 30, 2024 -1.75 Bn
Mar 31, 2024 16.50 Mn
Dec 31, 2023 -711,000.00
Sep 30, 2023 17.10 Mn
Jun 30, 2023 -45.43 Bn
Mar 31, 2023 2.14 Mn
Dec 31, 2022 -16.42 Mn
Sep 30, 2022 1.66 Mn
Jun 30, 2022 22.10 Mn
Mar 31, 2022 854.75
Dec 31, 2021 41,281.48
Sep 30, 2021 13.13 Mn
Jun 30, 2021 14.31 Mn