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Largo Inc. (LGO)

Largo Inc. reported revenue of $109.9M in fiscal 2025, down 12.0% from a year earlier. It posted a net loss of $68.5M. In fiscal 2025 capital spending exceeded operating cash flow by $37.7M. At December 31, 2025 it held $9.7M in cash against $107.1M of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (amended) (40-F/A) filed on April 2, 2026.

Revenue (FY2025)
$109.9M
-12.0% year on year
Net margin
-62.3%

What Largo Inc. does

Largo Inc. is registered with the SEC under industry code SIC 1400 (Mining & Quarrying of Nonmetallic Minerals (No Fuels)). Its shares trade on NASDAQ under the ticker LGO.

Revenue and profit by year

Revenue
FY21: $121M $121M FY21FY21: $198.3M $198.3M FY21FY22: $229.3M $229.3M FY22FY23: $198.7M $198.7M FY23FY24: $124.9M $124.9M FY24FY25: $109.9M $109.9M FY25
Net income
FY21: $6.8M $6.8M FY21FY21: $22.6M $22.6M FY21FY22: -$1.5M -$1.5M FY22FY23: -$30.3M -$30.3M FY23FY24: -$49.8M -$49.8M FY24FY25: -$68.5M -$68.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$109.9Mn/a-$68.5M-$1.01-$37.7M
2024$124.9Mn/a-$49.8M-$0.78-$31.1M
2023$198.7Mn/a-$30.3M-$0.51-$32.3M
2022$229.3Mn/a-$1.5M-$0.03-$38.7M
2021$198.3Mn/a$22.6M$0.35$12.4M
2021$121Mn/a$6.8M$0.11-$77.6M

Latest SEC filings

What Largo Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 23, 2026
  2. September 14, 2026
  3. August 27, 2026
  4. August 21, 2026
  5. August 14, 2026
  6. August 14, 2026
  7. August 10, 2026
  8. August 6, 2026
  9. July 23, 2026
  10. July 10, 2026

All filings on SEC EDGAR

Questions about LGO

What does Largo Inc. do?

Largo Inc. is registered with the SEC under industry code SIC 1400 (Mining & Quarrying of Nonmetallic Minerals (No Fuels)). Its shares trade on NASDAQ under the ticker LGO.

Is Largo Inc. profitable?

No. In fiscal 2025 it reported a net loss of $68.5M on revenue of $109.9M.

How much revenue does Largo Inc. make?

In fiscal 2025 Largo Inc. reported revenue of $109.9M. That is 12.0% less than a year earlier.

When did Largo Inc. last report?

Its most recent periodic report is the annual report (Canadian issuer) (amended) (40-F/A) filed on April 2, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 23, 2026.

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Where the numbers come from

Financial figures are the values Largo Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.