Sigma Lithium management attributes Q3 2026 revenue decline to lower sales volumes and operational suspensions
SGML•Sigma Lithium reported a third-quarter 2026 net loss of $25.88 million and revenue of $13.52 million, down 52.6% year over year. For the first nine months, revenue rose 18.7% to $110.56 million and net loss narrowed to $17.39 million.
1. Quarterly results
Sigma Lithium reported a third-quarter 2026 net loss of $25.88 million, compared with $11.58 million a year earlier, while revenue fell 52.6% to $13.52 million. Management attributed the revenue decline primarily to lower sales volumes from temporary operating suspensions, partly offset by higher realized prices, and said $13.38 million in idle-capacity costs linked to mining restructuring primarily drove higher operating expenses.
2. Nine-month figures
For the first nine months of 2026, revenue rose 18.7% to $110.56 million on higher realized prices, while net loss narrowed to $17.39 million. Net financial expenses rose to $9.62 million, driven by higher equipment-lease interest costs and weaker foreign exchange results.
