Lithium Americas Operating Expenses Growth & History (LAC)
Lithium Americas's operating expenses was $52.8M for fiscal 2025.
View full Lithium Americas company overviewLithium Americas annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $52.8M | $24.5M | +86.73% |
| 2024 | 2024-12-31 | $28.3M | −$452,000 | −1.57% |
| 2023 | 2023-12-31 | $28.8M | −$32.1M | −52.76% |
| 2022 | 2022-12-31 | $60.9M | $16.4M | +36.77% |
| 2021 | 2021-12-31 | $44.5M | — | — |
Lithium Americas quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $15.1M | $7.3M | +92.90% |
| Q1 2026 | 2026-03-31 | $11.1M | $4.6M | +69.78% |
| Q4 2025 | 2025-12-31 | $28.8M | $18.8M | +189.82% |
| Q3 2025 | 2025-09-30 | $9.7M | $3.5M | +57.69% |
| Q2 2025 | 2025-06-30 | $7.8M | $1.4M | +22.24% |
| Q1 2025 | 2025-03-31 | $6.5M | $733,000 | +12.63% |
| Q4 2024 | 2024-12-31 | $9.9M | — | — |
| Q3 2024 | 2024-09-30 | $6.2M | $3.0M | +93.10% |
| Q2 2024 | 2024-06-30 | $6.4M | — | — |
| Q1 2024 | 2024-03-31 | $5.8M | — | — |
| Q3 2023 | 2023-09-30 | $3.2M | — | — |
Lithium Americas operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Lithium Americas's operating expenses increased from $44.5M to $52.8M, a change of $8.3M. The latest reported quarter, Q2 2026, shows $15.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lithium Americas source filings ↗