Largo (LGO) Financials: History & Chart

Largo Inc.(LGO)

Industrial Materials · Toronto, ON

$0.47-0.00 (-0.98%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About Largo Inc.

Headquartered in Toronto, Canada, Largo Inc. specializes in vanadium-centric solutions. The company's primary focus involves developing and marketing utility-scale electrical energy storage systems, based on vanadium technology, within Canada. Its vanadium products, sourced from the Maracás Menchen Mine in Brazil, encompass a diverse range: VPURE+ flakes for master alloys and aerospace use; VPURE flakes, ferrovanadium, and vanadium carbon nitride crucial for the steel sector; and VPURE+ powder utilized in catalyst applications. Additionally, Largo offers renewable energy solutions through its Largo Clean Energy division. The company's operations are segmented into Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy. Established in 1988, the organization rebranded from Largo Resources Ltd. to Largo Inc. in November 2021.

Toronto, ON

500 employees

www.largoinc.com

Basic Materials / Industrial Materials

Sector: Basic Materials
Industry: Industrial Materials
CEO: Jesús Alberto Arias López

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	126.68M	44.00M	27.15M	22.27M	33.26M	26.12M	28.23M	24.27M	29.91M
Cost of Goods Sold	142.37M	48.03M	34.24M	25.79M	34.31M	30.06M	42.48M	30.19M	29.54M
Gross Profit	-15.69M	-4.03M	-7.09M	-3.52M	-1.05M	-3.94M	-14.24M	-5.93M	368K
Gross Profit Margin	-12.4%	-9.2%	-26.1%	-15.8%	-3.2%	-15.1%	-50.4%	-24.4%	1.2%
Total Operating Expenses	24.55M	5.59M	4.47M	9.53M	4.96M	3.54M	5.28M	1.82M	8.99M
Research & Development	25K	25K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	23.36M	4.53M	4.47M	9.50M	4.85M	3.51M	5.24M	1.57M	8.81M
Operating Income (EBIT)	-40.24M	-9.62M	-11.56M	-13.05M	-6.01M	-7.48M	-19.52M	-7.74M	-8.62M
Operating Margin	-31.8%	-21.9%	-42.6%	-58.6%	-18.1%	-28.6%	-69.1%	-31.9%	-28.8%
Income Before Tax (EBT)	-53.45M	-16.41M	-4.52M	-22.09M	-10.43M	-7.34M	-11.82M	-19.29M	-11.93M
Interest Income	114K	N/A	8K	86K	20K	56K	121K	89K	255K
Interest Expense	11.48M	24K	3.46M	3.96M	4.04M	2.95M	2.15M	2.36M	2.48M
Other Income/Expense	-13.20M	-6.80M	7.04M	-9.04M	-4.41M	138K	7.70M	-11.54M	-3.31M
Net Income	-81.98M	-21.95M	-6.20M	-17.28M	-36.55M	-5.67M	-9.00M	-12.92M	-9.66M
Income Tax Expense	27.73M	6.32M	147K	-4.92M	26.19M	-1.59M	-2.62M	-6.30M	-1.84M
Net Profit Margin	-64.7%	-49.9%	-22.9%	-77.6%	-109.9%	-21.7%	-31.9%	-53.2%	-32.3%
EBITDA	-14.99M	-3.40M	-4.53M	-6.35M	-707K	-3.17M	-13.84M	462K	-3.04M
EBITDA Margin	-11.8%	-7.7%	-16.7%	-28.5%	-2.1%	-12.1%	-49.0%	1.9%	-10.2%
Depreciation & Amortization	25.26M	6.22M	7.04M	6.70M	5.31M	4.31M	5.68M	8.21M	5.58M
EPS Basic	-1.06	-0.21	-0.07	-0.22	-0.56	-0.09	-0.14	-0.20	-0.15
EPS Diluted	-1.06	-0.21	-0.07	-0.22	-0.56	-0.09	-0.14	-0.20	-0.15
Weighted Average Basic Shares	103.12M	103.12M	89.87M	78.02M	64.13M	64.13M	64.11M	64.11M	64.11M
Weighted Average Diluted Shares	103.12M	103.12M	89.87M	78.02M	64.13M	64.13M	64.11M	64.11M	64.11M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	109.89M	124.92M	198.68M	229.25M	198.28M	119.99M	105.01M	280.53M
Cost of Goods Sold	132.64M	145.82M	174.76M	169.72M	133.01M	88.39M	92.86M	73.03M
Gross Profit	-22.75M	-20.90M	23.93M	59.53M	65.27M	31.60M	12.15M	207.50M
Gross Profit Margin	-20.7%	-16.7%	12.0%	26.0%	32.9%	26.3%	11.6%	74.0%
Total Operating Expenses	23.31M	25.38M	40.20M	43.84M	28.56M	31.60M	19.48M	11.39M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	23.09M	23.05M	34.50M	41.97M	25.48M	12.31M	19.48M	10.75M
Operating Income (EBIT)	-46.06M	-46.28M	-16.28M	15.69M	36.71M	0.00	-7.34M	196.11M
Operating Margin	-41.9%	-37.0%	-8.2%	6.8%	18.5%	0.0%	-7.0%	69.9%
Income Before Tax (EBT)	-51.67M	-71.25M	-35.06M	4.04M	31.76M	7.72M	-23.47M	173.59M
Interest Income	283K	1.52M	2.02M	1.11M	403K	1.15M	3.78M	483K
Interest Expense	13.14M	9.46M	9.63M	1.65M	1.13M	1.30M	10.53M	21.35M
Other Income/Expense	-5.61M	-24.96M	-18.78M	-11.65M	-4.96M	7.72M	-16.13M	-22.52M
Net Income	-68.51M	-49.83M	-30.34M	-1.45M	22.57M	6.76M	-26.94M	169.99M
Income Tax Expense	17.06M	-20.68M	-2.70M	6.26M	9.19M	962K	3.47M	3.60M
Net Profit Margin	-62.3%	-39.9%	-15.3%	-0.6%	11.4%	5.6%	-25.7%	60.6%
EBITDA	-24.07M	-17.61M	12.97M	38.97M	59.23M	17.51M	23.39M	212.81M
EBITDA Margin	-21.9%	-14.1%	6.5%	17.0%	29.9%	14.6%	22.3%	75.9%
Depreciation & Amortization	22.00M	28.68M	29.25M	23.28M	22.51M	17.51M	30.73M	16.70M
EPS Basic	-1.01	-0.78	-0.47	-0.02	0.35	0.13	-0.53	N/A
EPS Diluted	-1.01	-0.78	-0.47	-0.02	0.34	0.12	-0.53	N/A
Weighted Average Basic Shares	68.06M	64.11M	64.04M	64.45M	64.05M	56.40M	53.50M	64.23M
Weighted Average Diluted Shares	68.06M	64.11M	64.04M	64.45M	65.05M	61.36M	53.50M	64.23M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.