Largo (LGO) Net Income (2020 - 2026)
Largo (LGO) posted quarterly Net Income of $4.7 million for Q1 2026, down 48.61% year-over-year from $9.2 million in Q1 2025, and up 105.37% quarter-over-quarter from -$88.0 million in Q4 2025.
Largo (LGO) Net Income (2020 - 2026) Analysis & Trends
Largo's Net Income history runs 7 years deep, the most recent figure standing at $4.7 million for Q1 2026.
- In Q1 2026, Net Income fell 48.61% year-over-year to $4.7 million; the TTM figure through Mar 2026 stood at -$40.9 million (up 60.41% YoY), while the FY2025 annual figure was -$58.4 million, up 31.39% from the prior year.
- Net Income for Q1 2026 stood at $4.7 million, up from -$88.0 million in the prior quarter.
- The five-year high for Net Income was $36.6 million in Q3 2025, with the low at -$137.1 million in Q4 2024.
- The 5-year median for Net Income is $5.9 million (2023), against an average of -$6.6 million.
- Peak annual rise in Net Income reached 770538.45% in 2022, while the deepest fall reached 6942199.98% in 2022.
- Largo's Net Income stood at -$18.6 million in 2022, then surged by 106.5% to $1.2 million in 2023, then plunged by 11459.9% to -$137.1 million in 2024, then soared by 35.81% to -$88.0 million in 2025, then surged by 105.37% to $4.7 million in 2026.
- Business Quant data shows LGO's Net Income at $4.7 million in Q1 2026, -$88.0 million in Q4 2025, and $36.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (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 | 1.47 Bn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | -20.30 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | 131.43 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | 38.76 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | -11.96 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 25.46 Mn |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | -11.91 Mn |
| 10 | Largo | 77,565.36 | -10.02 Mn | 44.00 Mn | 22.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.73 Mn |
| Dec 31, 2025 | -88.01 Mn |
| Sep 30, 2025 | 36.62 Mn |
| Jun 30, 2025 | 5.75 Mn |
| Mar 31, 2025 | 9.21 Mn |
| Dec 31, 2024 | -137.11 Mn |
| Sep 30, 2024 | 10.09 Mn |
| Jun 30, 2024 | 14.48 Mn |
| Mar 31, 2024 | 13.01 Mn |
| Dec 31, 2023 | 1.21 Mn |
| Sep 30, 2023 | 11.88 Mn |
| Jun 30, 2023 | 5.97 Mn |
| Mar 31, 2023 | 1.21 Mn |
| Dec 31, 2022 | -18.56 Mn |
| Jun 30, 2022 | 22.41 Mn |
| Mar 31, 2022 | 1.95 Mn |
| Dec 31, 2021 | 267.35 |
| Jun 30, 2021 | 15,153.57 |
| Mar 31, 2021 | -253.62 |
| Dec 31, 2020 | 7.04 Mn |