LAR net incomeFY2025-$75.45M
LAR net income was -$75.45M for fiscal 2025 (ended Dec 31, 2025), compared with -$15.23M in fiscal 2024.
Lithium Argentina AG (LAR) financials
For fiscal 2025 (ended Dec 31, 2025), Lithium Argentina AG reported -$75.45M of net income.
- Net income, FY2025
- -$75.45M
- Free cash flow, FY2025
- -$29.96M
- EPS, diluted, FY2025
- -$0.47
- Cash
- $61.13M
- Market cap
- $727.7M
FY2017FY2018
FY2017FY2025
FY2017FY2025
LAR revenue and earnings growth
LAR EPSFY2025-$0.47
LAR diluted EPS was -$0.47 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.09 in fiscal 2024.
LAR free cash flowFY2025-$29.96M
LAR free cash flow was -$29.96M for fiscal 2025 (ended Dec 31, 2025), compared with -$22.78M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $4.84M | $4.29M |
| Cost of revenue | - | - | - | - | - | - | - | $6.80M | $6.10M |
| Gross profit | - | - | - | - | - | - | - | -$1.96M | -$1.81M |
| Research and development | - | - | - | - | - | - | - | $578.0K | $423.0K |
| Selling, general and admin | $15.71M | $14.65M | $21.40M | $13.34M | $10.39M | $7.71M | $6.69M | $8.75M | $7.30M |
| Interest expense | $31.94M | $25.18M | $22.70M | $20.87M | $14.27M | $3.64M | $2.93M | $343.0K | - |
| Pre-tax income | -$76.41M | -$25.90M | $28.24M | -$32.53M | -$38.61M | -$34.00M | $55.30M | -$13.82M | - |
| Income tax | $468.0K | -$10.66M | $10.66M | $0 | $0 | $1.22M | $1.45M | - | - |
| Net income | -$75.45M | -$15.23M | $1.29B | -$93.57M | -$38.49M | -$36.23M | $51.66M | -$28.27M | -$33.25M |
| EPS, basic | -$0.47 | -$0.09 | $8.29 | -$0.70 | -$0.32 | -$0.38 | $0.58 | -$0.32 | - |
| EPS, diluted | -$0.47 | -$0.09 | $8.02 | -$0.70 | -$0.32 | -$0.39 | $0.56 | -$0.32 | - |
| Diluted shares | 162.2M | 161.3M | 160.6M | 133.7M | 118.8M | 91.8M | 91.8M | 88.6M | 76.0M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $61.13M | $85.54M | $122.29M | $194.47M | $510.61M | $148.07M | $83.61M | $41.60M | $55.39M |
| Receivables | $369.0K | $3.63M | $4.61M | $3.99M | $1.97M | $1.25M | $2.60M | $1.95M | $1.02M |
| Inventory | - | - | - | - | - | - | $1.24M | $1.62M | $2.09M |
| Current assets | $84.71M | $117.41M | $133.57M | $356.09M | $532.58M | $154.34M | $92.91M | $46.94M | $61.22M |
| Total assets | $1.10B | $1.13B | $1.06B | $1.02B | $817.34M | $326.72M | $293.80M | $103.94M | $113.49M |
| Current liabilities | $280.95M | $240.27M | $214.94M | $19.64M | $8.26M | $8.75M | $14.99M | $3.36M | $3.72M |
| Long-term debt | - | - | - | $3.10M | $28.82M | $124.77M | $117.11M | $18.03M | $751.0K |
| Total debt | - | - | - | $3.10M | $28.82M | $124.77M | $117.11M | $18.03M | $751.0K |
| Total liabilities | $282.85M | $240.29M | $226.09M | $232.55M | $281.03M | $136.02M | $134.18M | $21.66M | $4.72M |
| Shareholders' equity | $767.88M | $828.27M | $828.93M | $784.00M | $536.32M | $190.70M | $159.62M | $82.28M | $108.77M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$29.96M | -$21.81M | -$58.97M | -$65.22M | -$53.18M | -$30.88M | -$17.65M | -$18.54M | -$12.91M |
| Capital expenditures | $0 | $971.0K | $5.29M | $169.0K | $579.0K | $61.28M | $29.29M | $586.0K | $1.06M |
| Free cash flow | -$29.96M | -$22.78M | -$64.26M | -$65.39M | -$53.76M | -$92.16M | -$46.94M | -$19.13M | -$13.97M |
| Investing cash flow | $6.28M | -$85.86M | -$39.10M | -$230.88M | -$115.83M | -$42.60M | -$8.36M | -$10.67M | -$25.55M |
| Financing cash flow | -$332.0K | $68.77M | $12.12M | -$23.46M | $531.41M | $137.82M | $67.91M | $15.78M | $85.42M |
| Stock-based compensation | $15.05M | $7.23M | $8.40M | $1.18M | $5.75M | $6.63M | $4.13M | $4.73M | $11.57M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | - | - | - | - | - | - | - | 12.9% | - |
| Gross margin | - | - | - | - | - | - | - | -40.4% | -42.3% |
| Net margin | - | - | - | - | - | - | - | -583.7% | -775.1% |
| Free cash flow margin | - | - | - | - | - | - | - | -395.0% | -325.7% |
| Return on equity | -9.8% | -1.8% | 155.4% | -11.9% | -7.2% | -19.0% | 32.4% | -34.4% | -30.6% |
| Return on assets | -6.9% | -1.3% | 122.1% | -9.2% | -4.7% | -11.1% | 17.6% | -27.2% | -29.3% |
| Current ratio | 0.30 | 0.49 | 0.62 | 18.13 | 64.51 | 17.63 | 6.20 | 13.96 | 16.44 |
| Debt to equity | - | - | - | 0.00 | 0.05 | 0.65 | 0.73 | 0.22 | 0.01 |
Income statement
| Line item | Dec 31, 2022 |
|---|---|
| Selling, general and admin | $13.34M |
Balance sheet
| Line item | Dec 31, 2022 |
|---|---|
| Cash and equivalents | $194.47M |
| Receivables | $3.99M |
| Current assets | $356.09M |
| Total assets | $1.02B |
| Current liabilities | $19.64M |
| Long-term debt | $3.10M |
| Total debt | $3.10M |
| Total liabilities | $232.55M |
| Shareholders' equity | $784.00M |
Cash flow
Key ratios
| Line item | Dec 31, 2022 |
|---|---|
| Current ratio | 18.13 |
| Debt to equity | 0.00 |
Source: XBRL data Lithium Argentina AG files with the SEC, latest filing dated Mar 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
LAR peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| LAR | - | - | -$75.45M | - | $727.7M |
| SCCO | $17.11B | +38.7% | $6.36B | 37.2% | $148.62B |
| RIO | $57.64B | +6.3% | $9.97B | 17.3% | $108.51B |
| FCX | $26.46B | +1.8% | $3.44B | 13.0% | $89.51B |
| VALE | $38.40B | +0.9% | $2.35B | 6.1% | $51.08B |
| HBM | $2.21B | +9.4% | $568.50M | 25.7% | $10.12B |
| BVN | $1.73B | +49.2% | $782.14M | 45.2% | $7.34B |
| AUGO | $921.73M | +55.1% | -$79.34M | -8.6% | $7.29B |
| CLF | $20.07B | +7.8% | -$473.00M | -2.4% | $7.00B |
LAR FAQ
6 questionsIs LAR profitable?
No. Lithium Argentina AG reported a net loss of $75.45M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does LAR have?
Lithium Argentina AG reported $61.13M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is LAR free cash flow?
Lithium Argentina AG generated -$29.96M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$29.96M less capital expenditures.What is LAR earnings per share?
Diluted earnings per share were -$0.47 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did LAR last report financial results?
The latest statements here come from Lithium Argentina AG's 20-F filed on Mar 23, 2026, covering the period ended Dec 31, 2025.Where does this LAR financial data come from?
Quantisnow builds these statements from the structured XBRL data Lithium Argentina AG files with the SEC. It is provided for information only and is not investment advice.