Largo LGO
NASDAQ LGO
$0.72 -0.02 (-2.70%)
At close: Sep 9, 2026 · 4:00 PM EDT

Largo (LGO) Operating Expenses (2020 - 2026)

Largo (LGO) posted Operating Expenses of -$893000.0 for Q2 2026, up 97.41% on a QoQ basis from -$34.5 million in Q1 2026, and up 97.03% year-over-year from -$453232.8 in Q2 2025.

Analysis

Largo (LGO) Operating Expenses (2020 - 2026) Analysis & Trends

Largo has reported Operating Expenses for 7 years, with the latest figure at -$893000.0 in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 97.03% year-over-year to -$893000.0 in Q2 2026; TTM through Jun 2026 was -$95.5 million, a 318.29% decrease from a year earlier, with the FY2025 full-year figure at -$132.6 million, up 9.04% from the prior year.
  • Operating Expenses was -$893000.0 for Q2 2026 at Largo, up from -$34.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $145.8 million in Q4 2024, with the low at -$50.7 million in Q2 2022.
  • Average Operating Expenses over 5 years is -$26.8 million, with a median of -$42.5 million recorded in 2025.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 417.47% in 2024, then slumped 117.69% in 2025.
  • Over 5 years, Operating Expenses stood at -$44.5 million in 2022, then decreased by 3.32% to -$45.9 million in 2023, then soared by 417.47% to $145.8 million in 2024, then slumped by 117.69% to -$25.8 million in 2025, then soared by 96.54% to -$893000.0 in 2026.
  • The last three Operating Expenses figures came in at -$893000.0 (Q2 2026), -$34.5 million (Q1 2026), and -$25.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Southern Copper 174.97 Bn 167.64 Bn 2.90 Bn 1.67 Bn
2 Freeport-Mcmoran 109.93 Bn 105.85 Bn 2.19 Bn 5.03 Bn
3 Teck Resources 32.69 Bn 28.21 Bn 1.21 Bn -76.63 Mn
4 Carpenter Technology 22.96 Bn 22.57 Bn 268.90 Mn 62.00 Mn
5 Hudbay Minerals 11.39 Bn 10.34 Bn 269.00 Mn 39.10 Mn
6 Ero Copper 3.97 Bn 3.87 Bn 121.42 Mn -12.54 Mn
7 Almonty Industries 3.80 Bn 2.92 Bn 18.87 Mn 10.86 Mn
8 Nexa Resources 1.89 Bn 1.49 Bn 257.20 Mn -60.76 Mn
9 TMC the metals 1.86 Bn 1.76 Bn - 5.81 Mn
10 Largo 48.84 Mn 43.74 Mn - -893,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -893,000.00
Mar 31, 2026 -34.49 Mn
Dec 31, 2025 -25.79 Mn
Sep 30, 2025 -34.31 Mn
Jun 30, 2025 -30.06 Mn
Mar 31, 2025 -42.48 Mn
Dec 31, 2024 145.82 Mn
Sep 30, 2024 -29.54 Mn
Jun 30, 2024 -36.38 Mn
Mar 31, 2024 -49.71 Mn
Dec 31, 2023 -45.93 Mn
Sep 30, 2023 -42.58 Mn
Jun 30, 2023 -43.03 Mn
Mar 31, 2023 -45.93 Mn
Dec 31, 2022 -44.46 Mn
Sep 30, 2022 -45.60 Mn
Jun 30, 2022 -50.70 Mn
Dec 31, 2021 -37.75 Mn
Sep 30, 2021 -32.13 Mn
Jun 30, 2021 -34.97 Mn