Largo (LGO) EBIT (2020 - 2026)
Largo (LGO) posted EBIT of -$20.3 million for Q2 2026, down 351.28% on a QoQ basis from $8.1 million in Q1 2026, and down 97.48% year-over-year from -$807.3 million in Q2 2025.
Analysis
Largo (LGO) EBIT (2020 - 2026) Analysis & Trends
Largo has reported EBIT for 7 years, with the latest figure at -$20.3 million in Q2 2026.
- On a quarterly basis, EBIT fell 97.48% year-over-year to -$20.3 million in Q2 2026; TTM through Jun 2026 was -$83.2 million, a 24.42% increase from a year earlier, with the FY2025 full-year figure at -$38.5 million, up 34.86% from the prior year.
- EBIT was -$20.3 million for Q2 2026 at Largo, down from $8.1 million in the prior quarter.
- The five-year high for EBIT was $69.6 million in Q2 2023, with the low at -$123.2 million in Q4 2024.
- Average EBIT over 5 years is -$3.7 million, with a median of $6.3 million recorded in 2025.
- The largest YoY upside for EBIT was 2420.82% in 2024 against a maximum downside of 17228.27% in 2024.
- Over 5 years, EBIT stood at -$17.2 million in 2022, then jumped by 95.87% to -$711000.0 in 2023, then tumbled by 17228.27% to -$123.2 million in 2024, then soared by 37.26% to -$77.3 million in 2025, then jumped by 73.71% to -$20.3 million in 2026.
- The last three EBIT figures came in at -$20.3 million (Q2 2026), $8.1 million (Q1 2026), and -$77.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 174.97 Bn | 167.64 Bn | 2.90 Bn | 2.62 Bn |
| 2 | Freeport-Mcmoran | 109.93 Bn | 105.85 Bn | 2.19 Bn | 2.00 Bn |
| 3 | Teck Resources | 32.69 Bn | 28.21 Bn | 1.21 Bn | 1.18 Bn |
| 4 | Carpenter Technology | 22.96 Bn | 22.57 Bn | 268.90 Mn | 206.90 Mn |
| 5 | Hudbay Minerals | 11.39 Bn | 10.34 Bn | 269.00 Mn | 219.70 Mn |
| 6 | Ero Copper | 3.97 Bn | 3.87 Bn | 121.42 Mn | 107.82 Mn |
| 7 | Almonty Industries | 3.80 Bn | 2.92 Bn | 18.87 Mn | 18.87 Mn |
| 8 | Nexa Resources | 1.89 Bn | 1.49 Bn | 257.20 Mn | 175.30 Mn |
| 9 | TMC the metals | 1.86 Bn | 1.76 Bn | - | -71.72 Mn |
| 10 | Largo | 48.84 Mn | 43.74 Mn | - | -20.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.32 Mn |
| Mar 31, 2026 | 8.09 Mn |
| Dec 31, 2025 | -77.30 Mn |
| Sep 30, 2025 | 6.34 Mn |
| Jun 30, 2025 | -10.29 Mn |
| Mar 31, 2025 | 13.97 Mn |
| Dec 31, 2024 | -123.20 Mn |
| Sep 30, 2024 | 9.45 Mn |
| Jun 30, 2024 | 24.52 Mn |
| Mar 31, 2024 | 16.50 Mn |
| Dec 31, 2023 | -711,000.00 |
| Sep 30, 2023 | 18.20 Mn |
| Jun 30, 2023 | 69.65 Mn |
| Mar 31, 2023 | -711,000.00 |
| Dec 31, 2022 | -17.22 Mn |
| Sep 30, 2022 | -2.26 Mn |
| Jun 30, 2022 | 22.10 Mn |
| Dec 31, 2021 | -705,000.00 |
| Sep 30, 2021 | 13.13 Mn |
| Jun 30, 2021 | 14.29 Mn |