Largo Inc. income statement

In fiscal 2025, Largo Inc. reported revenue of $110m, down 12.0% on the year before and net income of −$68.5m, or −$1.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Largo Inc.: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	120	198	229	199	125	110
Cost of revenue	49	75	95	104	68	53
Gross profit	122	198	135	95	56	57
Research and development	0	4	13	6	3	1
Selling and marketing	2	5	9	9	7	7
Interest expense	1	1	1	9	9	13
Income before tax	8	32	4	−35	−71	−52
Income tax	−1	9	6	−3	−21	17
Net income	7	23	−1	−30	−50	−69
Diluted EPS	$0.11	$0.35	−$0.03	−$0.51	−$0.78	−$1.01
Diluted shares (average)	61,360m	65,045m	64,446m	64m	64m	68m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Largo Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Largo Inc.