Largo (LGO) Net Income (2020 - 2026)
Largo (LGO) recorded quarterly Net Income of $4.5 million in Q1 2026, up 105.58% quarter-over-quarter from -$81.3 million in Q4 2025, and down 61.77% on a YoY basis from $11.9 million in Q1 2025.
Largo (LGO) Net Income (2020 - 2026) Analysis & Trends
Largo's Net Income history runs 7 years deep, the most recent figure standing at $4.5 million for Q1 2026.
- In Q1 2026, Net Income fell 61.77% year-over-year to $4.5 million; the TTM figure through Mar 2026 stood at -$59.0 million (up 21.11% YoY), while the FY2025 annual figure was -$51.7 million, up 27.47% from the prior year.
- Net Income was $4.5 million for Q1 2026 at Largo, up from -$81.3 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $24.6 million in Q2 2024 to a low of -$123.2 million in Q4 2024.
- Historically, Net Income has averaged -$5.6 million across 5 years, with a median of $4.5 million in 2026.
- The sharpest annual moves came in 2022 and 2023: Net Income slumped 37122.88% in 2022, then surged 55056.75% in 2023.
- A 5-year view of Net Income shows it stood at -$18.6 million in 2022, then surged by 102.06% to $382000.0 in 2023, then tumbled by 32352.36% to -$123.2 million in 2024, then surged by 34.04% to -$81.3 million in 2025, then soared by 105.58% to $4.5 million in 2026.
- The last three Net Income figures came in at $4.5 million (Q1 2026), -$81.3 million (Q4 2025), and $10.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (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 | - | 76.17 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | -7.97 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 19.37 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 15.42 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -39.31 Mn |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | 4.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.54 Mn |
| Dec 31, 2025 | -81.26 Mn |
| Sep 30, 2025 | 10.38 Mn |
| Jun 30, 2025 | 7.36 Mn |
| Mar 31, 2025 | 11.87 Mn |
| Dec 31, 2024 | -123.20 Mn |
| Sep 30, 2024 | 11.96 Mn |
| Jun 30, 2024 | 24.61 Mn |
| Mar 31, 2024 | 18.29 Mn |
| Dec 31, 2023 | 382,000.00 |
| Sep 30, 2023 | 14.73 Mn |
| Jun 30, 2023 | 4.35 Mn |
| Mar 31, 2023 | 1.05 Mn |
| Dec 31, 2022 | -18.56 Mn |
| Sep 30, 2022 | 3.27 Mn |
| Jun 30, 2022 | 15.29 Mn |
| Mar 31, 2022 | 1,900.04 |
| Dec 31, 2021 | 50,131.17 |
| Sep 30, 2021 | 10.90 Mn |
| Jun 30, 2021 | 16.32 Mn |