Largo (LGO) Interest Expenses (2020 - 2026)
Largo (LGO) posted quarterly Interest Expenses of -$3.5 million for Q1 2026, down 262.99% year-over-year from $2.2 million in Q1 2025, and down 188.6% quarter-over-quarter from $4.0 million in Q4 2025.
Largo (LGO) Interest Expenses (2020 - 2026) Analysis & Trends
Largo's Interest Expenses history runs 7 years deep, the most recent figure standing at -$3.5 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 262.99% year-over-year to -$3.5 million; the TTM figure through Mar 2026 stood at $91.4 million (up 5.4% YoY), while the FY2025 annual figure was $13.1 million, up 38.93% from the prior year.
- Interest Expenses for Q1 2026 stood at -$3.5 million, down from $4.0 million in the prior quarter.
- The five-year high for Interest Expenses was $95.1 million in Q2 2025, with the low at -$4.1 million in Q3 2025.
- The 5-year median for Interest Expenses is $1.4 million (2023), against an average of $16.8 million.
- Peak annual rise in Interest Expenses reached 20600.64% in 2023, while the deepest fall reached 894.59% in 2023.
- Largo's Interest Expenses stood at $40.0 million in 2022, then plunged by 96.44% to $1.4 million in 2023, then jumped by 65.5% to $2.4 million in 2024, then surged by 67.67% to $4.0 million in 2025, then tumbled by 188.6% to -$3.5 million in 2026.
- Business Quant data shows LGO's Interest Expenses at -$3.5 million in Q1 2026, $4.0 million in Q4 2025, and -$4.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | -152.54 Mn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | 9.70 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | 15.01 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | 7.53 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | 3.77 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 10.19 Mn |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | - |
| 10 | Largo | 77,565.36 | -10.02 Mn | 44.00 Mn | -3.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.51 Mn |
| Mar 31, 2026 | -3.51 Mn |
| Dec 31, 2025 | 3.96 Mn |
| Dec 31, 2025 | 3.96 Mn |
| Sep 30, 2025 | -4.08 Mn |
| Sep 30, 2025 | -4.08 Mn |
| Jun 30, 2025 | 95.07 Mn |
| Jun 30, 2025 | 95.07 Mn |
| Mar 31, 2025 | 2.15 Mn |
| Mar 31, 2025 | 2.15 Mn |
| Dec 31, 2024 | 2.36 Mn |
| Dec 31, 2024 | 2.36 Mn |
| Sep 30, 2024 | -2.48 Mn |
| Sep 30, 2024 | -2.48 Mn |
| Jun 30, 2024 | 84.73 Mn |
| Jun 30, 2024 | 84.73 Mn |
| Mar 31, 2024 | 1.81 Mn |
| Mar 31, 2024 | 1.81 Mn |
| Dec 31, 2023 | 1.43 Mn |
| Dec 31, 2023 | 1.43 Mn |