LAR

MKT CAP:$2B

Lithium Argentina AG

Market Cap

$2B

Basic Materials·Industrial Materials·🇨🇭 Switzerland·NYSE

Materials·Industrial·🇨🇭·NYSE

Stock Price

$9.31+$3.33 (+55.69%)

Apr 24, 2026

Company Details

Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina. The company owns interests in the Cauchari-Olaroz project located in Jujuy province; and the Pastos Grandes project located in Salta...

CEO

Samuel Pigott

IPO Date

Dec 17, 2007

Website

www.lithium-argentina.com

Key Metrics TTM

Revenue

$0

— YoY

Net Income

-$73M

EPS (Diluted)

-$0.45

Free Cash Flow

-$20M

Revenue / Share

$0.00

Gross Margin

—

Operating Margin

—

Net Margin

—

FCF Margin

—

P/S

—

P/E

—

Earnings Reports

Q1 2026

May 13, 2026

PENDING

FY 2025

Mar 23, 2026

$0EPS -$0.47

Q4 2025

Mar 23, 2026

$0EPS $0.00

Q3 2025

Nov 10, 2025

$0EPS -$0.39

Q2 2025

Aug 11, 2025

$0EPS -$0.03

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 20	$0	$0	-$5M
Q4 20	$0	$0	-$10M
Q1 21	$0	$0	-$8M
Q2 21	$0	$0	-$12M
Q3 21	$0	$0	-$16M
Q4 21	$0	$0	-$15M
Q1 22	$0	$0	-$15M
Q2 22	$0	$0	-$19M
Q4 22	$0	$0	-$9M
Q1 24	$0	-$177.0K	-$9M
Q2 24	$0	-$138.0K	-$7M
Q3 24	$0	$0	-$8M
Q4 24	$0	$0	-$9M
Q2 25	$0	-$68.0K	-$10M
Q3 25	$0	$0	-$8M
Q4 25	$0	-$122.9K	-$9M

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 20	-$7M	-$17M
Q4 20	-$7M	-$7M
Q1 21	-$11M	-$12M
Q2 21	-$9M	-$9M
Q3 21	-$17M	-$18M
Q4 21	-$16M	-$17M
Q1 22	-$18M	-$19M
Q2 22	-$16M	-$20M
Q4 22	-$14M	-$15M
Q1 24	-$8M	-$9M
Q2 24	-$1M	-$2M
Q3 24	-$8M	-$8M
Q4 24	-$5M	-$5M
Q2 25	-$6M	-$6M
Q3 25	-$7M	-$7M
Q4 25	-$3M	-$3M

Capital Expenditures

Quarter	CapEx
Q3 20	$10M
Q4 20	$20.0K
Q1 21	$481.0K
Q2 21	$71.0K
Q3 21	$1M
Q4 21	$157.0K
Q1 22	$796.0K
Q2 22	$4M
Q4 22	$404.0K
Q1 24	$779.0K
Q2 24	$742.0K
Q3 24	$47.0K
Q4 24	$105.0K
Q2 25	$200.0K
Q3 25	$3
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 20	-100.0%	-4.6%
Q4 20	+100.0%	+113.9%
Q1 21	—	-19.9%
Q2 21	—	+91.7%
Q3 21	—	+189.7%
Q4 21	—	+56.3%
Q1 22	—	+77.8%
Q2 22	—	+49.1%
Q4 22	—	-43.9%
Q1 24	—	-44.8%
Q2 24	—	-52.4%
Q3 24	—	-57.9%
Q4 24	—	-1.2%
Q2 25	—	+23.1%
Q3 25	—	+13.0%
Q4 25	—	+16.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 20	$702.0K	—
Q4 20	$2M	—
Q1 21	$1M	—
Q2 21	$1M	—
Q3 21	$925.0K	—
Q4 21	$2M	—
Q1 22	$943.0K	—
Q2 22	$614.0K	—
Q4 22	$1M	—
Q1 24	$1M	—
Q2 24	$2M	—
Q3 24	$3M	—
Q4 24	$2M	—
Q2 25	$4M	—
Q3 25	$3M	—
Q4 25	$0	—

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q3 20	$1M	$4M	—
Q4 20	$3M	$7M	—
Q1 21	$2M	$6M	—
Q2 21	$3M	$10M	—
Q3 21	$2M	$13M	—
Q4 21	$3M	$12M	—
Q1 22	$4M	$11M	—
Q2 22	$5M	$13M	—
Q4 22	$5M	$3M	—
Q1 24	$5M	—	—
Q2 24	$4M	—	—
Q3 24	$6M	—	—
Q4 24	$4M	$5M	—
Q2 25	$8M	—	—
Q3 25	$7M	—	—
Q4 25	—	—	$9M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$492M	$0	$492M
Q2 22	$441M	$0	$441M
Q3 22	$236M	$157M	$392M
Q4 22	$194M	$158M	$352M
Q1 23	$522M	$82M	$604M
Q2 23	$445M	$57M	$502M
Q3 23	$147M	$0	$147M
Q4 23	$122M	$0	$122M
Q1 24	$86M	$0	$86M
Q2 24	$96M	$0	$96M
Q3 24	$92M	$0	$92M
Q4 24	$86M	$0	$86M
Q1 25	$74M	$0	$74M
Q2 25	$68M	$0	$68M
Q3 25	$64M	$0	$64M
Q4 25	$61M	$0	$61M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 20	91M	+0.7%	-1.5%
Q4 20	91M	+0.6%	-0.7%
Q1 21	115M	+26.0%	+28.0%
Q2 21	120M	+4.1%	+32.9%
Q3 21	120M	+0.1%	+32.1%
Q4 21	125M	+4.0%	+36.5%
Q1 22	131M	+4.7%	+13.4%
Q2 22	135M	+3.0%	+12.2%
Q4 22	135M	+0.5%	+12.7%
Q1 24	161M	+18.9%	+28.9%
Q2 24	166M	+3.4%	+27.3%
Q3 24	161M	-2.9%	+20.0%
Q4 24	162M	+0.3%	+19.8%
Q2 25	162M	+0.0%	+0.8%
Q3 25	162M	+0.2%	-2.3%
Q4 25	162M	+0.0%	+0.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 20	—	—
Q4 20	—	—
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q4 21	—	—
Q1 22	—	—
Q2 22	—	—
Q4 22	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	$0	71
Q2 25	$0	71
Q3 25	$0	71
Q4 25	$0	60

Revenue / Employee