Lithium Argentina AG (LAR) Income Statement
LAR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLAR revenue and net income
LAR profit margins
LAR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LAR quarterly EPS vs estimates
Lithium Argentina beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 10, 2026 (estimate $0.04).
LAR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.3M | $0 |
| Cost of revenue | $350,000 | $560,000 | $441,000 | $180,000 | $916,860 | $686,442 | $618,042 | $6.8M | $6.1M | — |
| Gross profit | −$350,000 | −$560,000 | −$441,000 | −$180,000 | −$267,000 | −$686,442 | −$618,042 | −$2.0M | −$1.8M | — |
| Research & development | — | — | — | — | — | — | — | $548,523 | $423,000 | $397,802 |
| Sales, general & admin | $30.4M | $21.3M | $29.4M | $15.8M | $15.5M | $32.1M | $19.3M | $13.8M | $18.7M | $4.0M |
| Total operating expenses | $37.1M | $31.4M | $50.6M | $20.5M | $51.7M | $33.1M | $19.3M | $18.5M | $23.5M | $6.6M |
| Operating income | −$37.5M | −$32.0M | −$51.0M | −$20.7M | −$51.7M | −$33.8M | −$19.3M | −$25.3M | −$25.3M | −$6.6M |
| Interest income | $48.7M | $50.6M | $52.3M | $24.7M | $4.7M | $1.5M | — | — | — | — |
| Interest expense | $32.5M | $25.1M | $23.1M | $20.0M | $12.4M | $3.6M | $2.9M | $343,000 | — | $685,614 |
| Income before taxes | −$76.4M | −$25.9M | $28.2M | −$32.5M | −$38.6M | −$35.8M | $55.3M | −$13.8M | −$33.2M | −$7.6M |
| Income taxes | $468,000 | −$10.7M | $10.7M | — | — | $1.3M | $1.4M | — | — | — |
| Net income | −$75.4M | −$15.2M | $1.29B | −$93.6M | −$38.5M | −$38.1M | $51.7M | −$28.3M | −$33.2M | −$7.6M |
| EBITDA | −$48.1M | −$7,000 | $51.9M | −$11.5M | −$25.3M | −$32.8M | −$18.3M | −$12.1M | −$24.3M | −$6.5M |
| EPS (diluted) | −$0.47 | −$0.14 | −$0.10 | −$1.52 | −$0.28 | −$0.78 | $0.56 | −$0.32 | −$0.44 | −$0.23 |
| Gross margin | — | — | — | — | — | — | — | — | −42.3% | — |
| Operating margin | — | — | — | — | — | — | — | — | −589.4% | — |
| Net margin | — | — | — | — | — | — | — | — | −775.1% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $112,079 | $87,000 | $122,859 | — | $68,000 | $117,000 | $175,892 | $155,238 | $138,000 | $177,000 | $572,394 | $228,066 |
| Gross profit | −$112,079 | −$87,000 | −$122,859 | — | −$68,000 | −$117,000 | −$175,892 | −$155,238 | −$138,000 | −$177,000 | −$572,000 | −$228,000 |
| Sales, general & admin | $4.8M | $10.0M | $7.5M | $6.5M | $8.2M | $8.2M | $8.7M | $5.9M | $4.1M | $5.3M | $26.4M | $7.2M |
| Total operating expenses | $9.5M | $10.9M | $8.9M | $7.9M | $10.4M | $10.0M | $8.7M | $7.8M | $6.8M | $8.3M | $26.4M | $7.2M |
| Operating income | −$9.6M | −$11.0M | −$8.9M | −$7.9M | −$10.5M | −$10.1M | −$8.7M | −$7.8M | −$7.0M | −$8.5M | −$26.4M | −$7.2M |
| Interest income | $7.8M | $7.8M | $8.1M | $12.7M | $14.3M | $13.5M | $13.9M | $13.0M | $12.3M | $11.4M | $11.2M | $14.7M |
| Interest expense | $7.4M | $10.1M | $10.0M | $8.0M | $6.9M | $6.6M | $6.4M | $6.4M | $6.2M | $6.0M | $6.1M | $5.7M |
| Income before taxes | $1.2M | $7.0M | −$668,000 | −$66.3M | −$4.1M | −$5.3M | −$4.8M | −$2.4M | −$8.6M | −$10.1M | $9.6M | $6.8M |
| Income taxes | — | −$431,000 | $468,000 | −$1.8M | — | $1.8M | — | — | −$10.8M | $91,000 | $10.7M | — |
| Net income | $1.3M | $8.8M | $262,000 | −$64.4M | −$4.1M | −$7.2M | −$4.8M | −$2.4M | $2.2M | −$10.2M | $1.26B | $6.6M |
| EBITDA | −$9.5M | $14.5M | $6.8M | −$58.1M | $2.9M | $1.4M | $1.8M | $4.1M | −$2.2M | −$3.9M | $16.4M | $12.6M |
| EPS (diluted) | $0.01 | $0.05 | $0.00 | −$0.40 | −$0.03 | −$0.04 | −$0.02 | −$0.01 | −$0.02 | −$0.09 | −$0.05 | $0.01 |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LAR's financial statements (latest annual report filed March 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LAR financial results
Lithium Argentina reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $75.4 million. Diluted earnings per share came to −$0.47.
See the LAR stock overview for the latest quote and news, or the LAR chart for price history and technical indicators.
LAR income statement FAQ
Does Lithium Argentina have revenue?
Lithium Argentina reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Lithium Argentina profitable?
No. Lithium Argentina reported a net loss of $75.4 million in fiscal 2025.
What are Lithium Argentina's earnings per share?
Lithium Argentina earned $-0.47 per diluted share in fiscal 2025, compared with $-0.14 a year earlier.
When will Lithium Argentina report its next earnings?
Lithium Argentina is expected to report results for the quarter ending September 30, 2026 on November 10, 2026 before the market opens.
When does Lithium Argentina's fiscal year end?
Lithium Argentina's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 23, 2026.