Lithium Americas Q1 net income $4.6M; Thacker Pass on track for late 2027 completion

LITHIUM AMERICAS CORP.

2026-Q1 EPS reported $0.00

Net income of $4.6M vs net loss of $11.5M in Q1 2025, largely due to non-cash gain on embedded derivative.
Cash and restricted cash $1.207B as of March 31, 2026; $529M at Thacker Pass JV level.
Thacker Pass construction: 1,300 workers on site; FY2026 capex guidance $1.3B-$1.6B, mechanical completion late 2027.
Tariff exposure estimated $80M-$120M; ~75% of project cost structure (labor/services) not directly affected.
Received $432M second advance from DOE loan in February 2026; March 2026 ATM program up to $250M established.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LITHIUM AMERICAS CORP. reported financial results for the fiscal quarter ended March 31, 2026.

Period: the fiscal quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On May 14, 2026, Lithium Americas Corp. (the “Company”) issued a press release announcing its financial and operational results for the fiscal quarter ended March 31, 2026.

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LITHIUM AMERICAS CORP. filing history →

Source: SEC EDGAR

accession 0001193125-26-222734

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