LAC · XBRL financial data
Lithium Americas financial statements, every quarter
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (LAC's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|
| General and administrative | year only | 10* | 7 | 8 | 10 | 29* | 11 | 15 |
| Total operating expenses | year only | 10* | 7 | 8 | 10 | 29* | 11 | 15 |
| Other operating income (expense) | year only | year only | — | — | — | — | — | — |
| Interest expense | year only | (0)* | 0 | 0 | 0 | — | — | — |
| Other income (expense) | year only | 4* | 1 | 1 | 2 | 5* | 7 | 7 |
| Income tax expense (benefit) | year only | year only | — | — | — | year only | — | — |
| Net income (loss) | year only | (21)* | (12) | (13) | (199) | 138* | 5 | 2 |
| Earnings per share, basic USD per share | — | (0.10)* | (0.05) | (0.06) | (0.83) | 0.46* | 0.00 | 0.01 |
| Earnings per share, diluted USD per share | — | (0.10)* | (0.05) | (0.06) | (0.83) | 0.46* | 0.00 | (0.02) |
| Weighted average shares, basic millions of shares | — | 218* | 219 | 220 | 239 | 297* | 353 | 372 |
| Weighted average shares, diluted millions of shares | — | 218* | 219 | 220 | 239 | 297* | 353 | 402 |
| Operating profit (loss) | year only | — | — | — | — | — | — | — |
| Profit (loss) | year only | — | — | — | — | — | — | — |
Balance sheet
CSVFiscal quarters (LAC's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 196 | 594 | 447 | 509 | 385 | 568 | 759 | 823 |
| Total current assets | 206 | 602 | 449 | 512 | 389 | 912 | 1,212 | 1,282 |
| Property and equipment, net | 201 | 399 | 476 | 810 | 1,041 | 1,344 | 1,667 | 2,091 |
| Right-of-use asset | 4 | 3 | 3 | — | — | 7 | — | — |
| Total assets | 437 | 1,045 | 1,018 | 1,339 | 1,452 | 2,579 | 3,113 | 3,536 |
| Accounts payable | 5 | 1 | 3 | 6 | 47 | 88 | 70 | 101 |
| Accrued liabilities | 19 | 52 | 35 | 40 | 51 | 83 | 89 | 127 |
| Total current liabilities | 25 | 58 | 43 | 52 | 103 | 177 | 165 | 235 |
| Lease liability, non-current | — | 3 | — | — | — | 6 | — | — |
| Total liabilities | 52 | 100 | 83 | 303 | 555 | 992 | 1,236 | 1,586 |
| Accumulated deficit | (13) | (56) | (66) | (79) | (277) | (221) | (222) | (219) |
| Total stockholders' equity | 385 | 635 | 626 | 616 | 476 | 1,059 | 1,344 | 1,417 |
| Total liabilities and equity | 437 | 1,045 | 1,018 | 1,339 | 1,452 | 2,579 | 3,113 | 3,536 |
| Common shares outstanding (cover page) millions of shares | 162 | 219 | 219 | 242 | 303 | 347 | 351 | 363 |
| Cash and cash equivalents | 196 | — | — | — | — | — | — | — |
| Total current assets | 206 | — | — | — | — | — | — | — |
| Total assets | 440 | — | — | — | — | — | — | — |
| Total current liabilities | 25 | — | — | — | — | — | — | — |
| Total liabilities | 32 | — | — | — | — | — | — | — |
| Total equity | 407 | — | — | — | — | — | — | — |
| Total equity and liabilities | 440 | — | — | — | — | — | — | — |
Cash flows
CSVFiscal quarters (LAC's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|
| Net income (loss) | year only | (21)* | (12) | (13) | (199) | 138* | 5 | 2 |
| Stock-based compensation | (1)* | 1* | 1 | 2* | 2* | 2* | 2 | 2* |
| Net cash from operating activities | year only | year only | (19) | (31)* | 2* | (14)* | (18) | (6)* |
| Purchases of property and equipment | year only | 66* | 118 | 236* | 172* | 239* | 299 | 332* |
| Net cash from investing activities | year only | (66)* | (118) | (236)* | (172)* | (239)* | (299) | (332)* |
| Net cash from financing activities | year only | 327* | (10) | 328* | 46* | 774* | 620 | 409* |
| Net change in cash | year only | 253* | (147) | 62* | (124)* | 520* | 302 | 72* |
| Net cash from operating activities | year only | — | — | — | — | — | — | — |
| Net cash from investing activities | year only | — | — | — | — | — | — | — |
| Net cash from financing activities | year only | — | — | — | — | — | — | — |
Compare with peers
SIC 1000 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 1000 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Lithium Americas | 823 | not reported | (5.6)* | 363.0M | 147.7 quarters | 10-QJun 30, 2026 |
| Niocorp Developments | 415 | not reported | (4)* | 145.8M | 103.5 quarters | 10-KJun 30, 2026 |
| USA Rare Earth | 1,530 | 5.8 | (57)* | 244.7M | 26.9 quarters | 10-QJun 30, 2026 |
| Dakota Gold | 99 | not reported | (7.4)* | 134.2M | 13.5 quarters | 10-QJun 30, 2026 |
| Ivanhoe Electric | 257 | 0.7 | (20)* | 159.6M | 12.9 quarters | 10-QJun 30, 2026 |
| TMC the metals | 99 | not reported | (20)* | 441.1M | 4.9 quarters | 10-QJun 30, 2026 |
| U.S. Gold | 27 | not reported | (3.5) | 16.5M | 7.7 quarters | 10-QJul 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.