Largo Operating Expenses Growth & History (LGO)
Largo's operating expenses was $132.6M for fiscal 2025.
View full Largo company overviewLargo annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $132.6M | −$13.2M | −9.04% |
| 2024 | 2024-12-31 | $145.8M | −$28.9M | −16.56% |
| 2023 | 2023-12-31 | $174.8M | $5.0M | +2.97% |
| 2022 | 2022-12-31 | $169.7M | $36.7M | +27.60% |
| 2021 | 2021-12-31 | $133.0M | $44.6M | +50.48% |
| 2020 | 2020-12-31 | $88.4M | — | — |
Largo quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.5M | $1.9M | +54.88% |
| Q1 2026 | 2026-03-31 | $4.8M | −$521,000 | −9.87% |
| Q4 2025 | 2025-12-31 | $9.5M | — | — |
| Q3 2025 | 2025-09-30 | $5.0M | — | — |
| Q2 2025 | 2025-06-30 | $3.5M | — | — |
| Q1 2025 | 2025-03-31 | $5.3M | — | — |
Largo operating expenses trends
Over the last five fiscal years, Largo's operating expenses increased from $88.4M to $132.6M, a change of $44.3M. The latest reported quarter, Q2 2026, shows $5.5M.
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 Largo source filings ↗