Largo (LGO) Tax Provisions (2020 - 2026)
Largo (LGO) posted quarterly Tax Provisions of -$43000.0 for Q1 2026, up 14.0% year-over-year from -$37719.3 in Q1 2025, and up 99.84% quarter-over-quarter from -$26.1 million in Q3 2025.
Largo (LGO) Tax Provisions (2020 - 2026) Analysis & Trends
Largo's Tax Provisions history runs 7 years deep, the most recent figure standing at -$43000.0 for Q1 2026.
- In Q1 2026, Tax Provisions rose 14.0% year-over-year to -$43000.0; the TTM figure through Mar 2026 stood at -$24.6 million (down 501.14% YoY), while the FY2023 annual figure was -$88000.0, up 98.86% from the prior year.
- Tax Provisions for Q1 2026 stood at -$43000.0, up from -$26.1 million in the prior quarter.
- The five-year high for Tax Provisions was $4.3 million in Q2 2024, with the low at -$26.1 million in Q3 2025.
- The 5-year median for Tax Provisions is -$43000.0 (2026), against an average of -$1.8 million.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions jumped 18810.0% in 2024, then slumped 1497.43% in 2025.
- Largo's Tax Provisions stood at $1.3 million in 2022, then tumbled by 124.93% to -$333000.0 in 2023, then surged by 661.86% to $1.9 million in 2024, then plunged by 1497.43% to -$26.1 million in 2025, then surged by 99.84% to -$43000.0 in 2026.
- Business Quant data shows LGO's Tax Provisions at -$43000.0 in Q1 2026, -$26.1 million in Q3 2025, and $1.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | -415.68 Mn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | -9.04 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | 4.51 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | 5.74 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | -513,000.00 |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | -51,000.00 |
| 10 | Largo | 77,565.36 | -10.02 Mn | 44.00 Mn | -52,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -43,000.00 |
| Sep 30, 2025 | -26.15 Mn |
| Jun 30, 2025 | 1.61 Mn |
| Mar 31, 2025 | -50,000.00 |
| Sep 30, 2024 | 1.87 Mn |
| Jun 30, 2024 | 4.34 Mn |
| Mar 31, 2024 | -22,000.00 |
| Dec 31, 2023 | -333,000.00 |
| Sep 30, 2023 | -10,000.00 |
| Jun 30, 2023 | 295,000.00 |
| Mar 31, 2023 | -333,000.00 |
| Dec 31, 2022 | 1.34 Mn |
| Sep 30, 2022 | -1.31 Mn |
| Jun 30, 2022 | -7.12 Mn |
| Mar 31, 2022 | -602,000.00 |
| Dec 31, 2021 | -402,000.00 |
| Sep 30, 2021 | -2.57 Mn |
| Jun 30, 2021 | -2.14 Mn |
| Mar 31, 2021 | -321,000.00 |
| Dec 31, 2020 | -1.02 Mn |