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| Date | Value |
|---|---|
| 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 |