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Local Bounti Corporation(LOCL)Earnings, Financials & Key Ratios
LOCL•NYSE
Price updated Jun 19, 2026
AboutLocal Bounti Corporation grows fresh greens and herbs in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.Show more
- Revenue$48M+26.8%
- EBITDA-$39M+1.7%
- Net Income-$94M+21.3%
- EPS (Diluted)-4.04+71.4%
- Gross Margin12.12%+13.0%
- EBITDA Margin-81.53%+22.5%
- Operating Margin-129.49%+16.3%
- Net Margin-195.14%+37.9%
LOCL Key Insights
Local Bounti Corporation (LOCL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 258.2%
✗Weaknesses
- ✗Profits declining 62.2% over 5 years
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 14 (bottom 14%)
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 100.0% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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LOCL Price & Volume
Local Bounti Corporation (LOCL) stock price & volume — 10-year historical chart
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LOCL Growth Metrics
Local Bounti Corporation (LOCL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years258.21%
3 Years35.42%
TTM21.12%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM48.01%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM74.12%
Return on Capital
10 Years-55.59%
5 Years-37.65%
3 Years-23.76%
Last Year-16.32%
LOCL Recent Earnings
Local Bounti Corporation (LOCL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 1/12 qtrs (8%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$0.53+0.0%
$0.53
Rev
$13M-29.8%
$19M
Q2 2026
Mar 25, 2026Metric
Actual
Est
EPS
$0.38+36.7%
$0.60
Rev
$12M-17.0%
$15M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$1.18-81.5%
$0.65
Rev
$12M-2.4%
$13M
Q3 2025
Aug 13, 2025Metric
Actual
Est
EPS
$1.63+16.4%
$1.95
Rev
$12M-4.7%
$13M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $0.53vs $0.53+0.0% | $13Mvs $19M-29.8% |
| Q2 2026 | Mar 25, 2026 | $0.38vs $0.60+36.7% | $12Mvs $15M-17.0% |
| Q4 2025 | Nov 12, 2025 | $1.18vs $0.65-81.5% | $12Mvs $13M-2.4% |
| Q3 2025 | Aug 13, 2025 | $1.63vs $1.95+16.4% | $12Mvs $13M-4.7% |
Based on last 12 quarters of dataView full earnings history →
LOCL Peer Comparison
Local Bounti Corporation (LOCL) competitors in Produce and Specialty Crop Farming — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AREC | 229.99M | 2.15 | 3.41 | -100% | 9.83% | 0.09 | ||
 HYFM | 4.35M | 0.91 | -0.01 | -29.45% | -237.25% | -5% | ||
 FARM | 28.09M | 1.28 | -1.88 | 0.35% | -5.51% | -47.58% | 1.23 | |
 AVO | 811.86M | 11.49 | 21.68 | 12.68% | 1.83% | 3.72% | 0.32 | |
 DE | 159.06B | 589.24 | 31.85 | -11.59% | 10.21% | 18.21% | 2.46 | |
 CTVA | 52.74B | 78.56 | 49.10 | 2.92% | 6.5% | 4.62% | 0.11 | |
 MOS | 7.28B | 22.90 | 13.47 | 8.36% | 6.03% | 5.85% | 0.43 | |
 AGCO | 8.23B | 113.66 | 11.66 | -13.55% | 7.43% | 16.73% | 0.59 |
Compare LOCL vs Peers
Local Bounti Corporation (LOCL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LOCL Income Statement
Local Bounti Corporation (LOCL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 0 | 82K | 638K | 19.47M | 27.56M | 38.14M | 48.37M | 50.1M |
Revenue Growth % | - | - | 678.05% | 2952.35% | 41.51% | 38.4% | 26.82% | 21.12% |
Cost of Goods Sold | 0 | 91K | 432K | 17.26M | 25.34M | 34.05M | 42.51M | 44.16M |
COGS % of Revenue | - | 110.98% | 67.71% | 88.63% | 91.96% | 89.28% | 87.88% | - |
Gross Profit | 0▲ 0% | -9K▲ 0% | 206K▲ 2388.9% | 2.21M▲ 975.2% | 2.22M▲ 0.0% | 4.09M▲ 84.6% | 5.86M▲ 43.3% | 5.93M▲ 0% |
Gross Margin % | - | -10.98% | 32.29% | 11.37% | 8.04% | 10.72% | 12.12% | 11.84% |
Gross Profit Growth % | - | - | 2388.89% | 975.24% | 0.05% | 84.57% | 43.28% | - |
Operating Expenses | 3.37M | 7.91M | 44.92M | 96.74M | 119.13M | 63.06M | 68.49M | 66.76M |
OpEx % of Revenue | - | 9650% | 7041.22% | 496.77% | 432.29% | 165.34% | 141.6% | - |
Selling, General & Admin | 0 | 6.83M | 41.5M | 82.68M | 64.56M | 40.77M | 42.91M | 43.73M |
SG&A % of Revenue | - | 8334.15% | 6504.39% | 424.58% | 234.27% | 106.9% | 88.73% | - |
Research & Development | 0 | 1.08M | 3.42M | 14.06M | 16.09M | 22.29M | 25.57M | 24.31M |
R&D % of Revenue | - | 1315.85% | 536.83% | 72.19% | 58.37% | 58.44% | 52.88% | - |
Other Operating Expenses | 3.37M | 0 | 0 | 0 | 38.48M | 0 | 0 | 1000K |
Operating Income | -3.37M▲ 0% | -7.92M▼ 135.3% | -44.72M▼ 464.5% | -94.53M▼ 111.4% | -116.91M▼ 23.7% | -58.97M▲ 49.6% | -62.63M▼ 6.2% | -60.83M▲ 0% |
Operating Margin % | - | -9660.98% | -7008.93% | -485.4% | -424.25% | -154.62% | -129.49% | -121.42% |
Operating Income Growth % | - | -135.28% | -464.47% | -111.39% | -23.68% | 49.56% | -6.21% | - |
EBITDA | 0 | -7.63M | -44.03M | -84.1M | -103.78M | -40.1M | -39.43M | -43.51M |
EBITDA Margin % | - | -9310.98% | -6901.72% | -431.85% | -376.59% | -105.14% | -81.53% | -86.85% |
EBITDA Growth % | - | - | -476.73% | -90.99% | -23.4% | 61.36% | 1.66% | -1.47% |
D&A (Non-Cash Add-back) | 3.37M | 287K | 684K | 10.43M | 13.13M | 18.87M | 23.2M | 17.32M |
EBIT | -3.37M | -7.89M | -49.48M | -94.34M | -98.27M | -60.98M | -62.21M | -57.31M |
Net Interest Income | 39K | -522K | -6.62M | -16.73M | -25.75M | -58.92M | -32.17M | -9.29M |
Interest Income | 39K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 0 | 522K | 6.62M | 16.73M | 25.75M | 58.92M | 32.17M | 9.29M |
Other Income/Expense | -39K | -487K | -11.38M | -16.55M | -7.11M | -60.93M | -31.75M | -8.6M |
Pretax Income | -3.41M▲ 0% | -8.41M▼ 146.9% | -56.09M▼ 567.1% | -111.07M▼ 98.0% | -124.02M▼ 11.7% | -119.9M▲ 3.3% | -94.38M▲ 21.3% | -69.42M▲ 0% |
Pretax Margin % | - | -10254.88% | -8792.01% | -570.36% | -450.03% | -314.39% | -195.14% | -138.58% |
Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Income | -3.41M▲ 0% | -8.41M▼ 146.9% | -56.09M▼ 567.1% | -111.07M▼ 98.0% | -124.02M▼ 11.7% | -119.9M▲ 3.3% | -94.38M▲ 21.3% | -69.42M▲ 0% |
Net Margin % | - | -10254.88% | -8792.01% | -570.36% | -450.03% | -314.39% | -195.14% | -138.58% |
Net Income Growth % | - | -146.89% | -567.06% | -98.01% | -11.65% | 3.32% | 21.29% | 48.01% |
Net Income (Continuing) | -3.41M | -8.41M | -56.09M | -111.07M | -124.02M | -119.9M | -94.38M | -69.42M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -4.41▲ 0% | -2.20▲ 50.1% | -8.45▼ 284.1% | -13.92▼ 64.7% | -15.61▼ 12.1% | -14.14▲ 9.4% | -4.04▲ 71.4% | -2.88▲ 0% |
EPS Growth % | - | 50.11% | -284.09% | -64.73% | -12.14% | 9.42% | 71.43% | 74.12% |
EPS (Basic) | -4.41 | -2.22 | -8.45 | -13.92 | -15.61 | -14.14 | -4.04 | - |
Diluted Shares Outstanding | 771.79K | 3.82M | 6.64M | 7.98M | 7.94M | 8.48M | 23.47M | 24.13M |
Basic Shares Outstanding | 771.79K | 3.78M | 6.64M | 7.98M | 7.94M | 8.48M | 23.47M | 24.13M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - |
LOCL Balance Sheet
Local Bounti Corporation (LOCL) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Total Current Assets | 2.15M | 628K | 105.51M | 34.1M | 26.99M | 18.82M | 22.03M | 30.19M |
Cash & Short-Term Investments | 2.14M | 45K | 96.66M | 13.67M | 10.33M | 937K | 4.23M | 12.25M |
Cash Only | 2.14M | 45K | 96.66M | 13.67M | 10.33M | 937K | 4.23M | 12.25M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 0 | 333K | 110K | 2.69M | 3.08M | 2.28M | 2.2M | 2.87M |
Days Sales Outstanding | - | 1.48K | 62.93 | 50.44 | 40.77 | 21.84 | 16.63 | 18.09 |
Inventory | 0 | 243K | 922K | 3.59M | 4.21M | 6.81M | 7.42M | 7.19M |
Days Inventory Outstanding | - | 974.67 | 779 | 76.01 | 60.64 | 73.05 | 63.71 | 58.81 |
Other Current Assets | 0 | 0 | 4.42M | 14.15M | 6.57M | 8.79M | 8.17M | 7.88M |
Total Non-Current Assets | 3.74M | 8.47M | 38.42M | 244.64M | 354.76M | 409.21M | 388.47M | 383.98M |
Property, Plant & Equipment | 3.74M | 8.42M | 37.41M | 157.98M | 313.34M | 371.33M | 357.69M | 353.83M |
Fixed Asset Turnover | - | 0.01x | 0.02x | 0.12x | 0.09x | 0.10x | 0.14x | 0.14x |
Goodwill | 0 | 0 | 0 | 38.48M | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 47.27M | 41.35M | 37.78M | 30.78M | 30.15M |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 0 | 51K | 1.02M | 901K | 73K | 101K | 0 | 0 |
Total Assets | 5.89M▲ 0% | 9.1M▲ 54.6% | 143.93M▲ 1481.3% | 278.74M▲ 93.7% | 381.75M▲ 37.0% | 428.04M▲ 12.1% | 410.49M▼ 4.1% | 414.17M▲ 0% |
Asset Turnover | - | 0.01x | 0.00x | 0.07x | 0.07x | 0.09x | 0.12x | 0.12x |
Asset Growth % | - | 54.59% | 1481.3% | 93.66% | 36.96% | 12.12% | -4.1% | -17.1% |
Total Current Liabilities | 837K | 2.35M | 17.97M | 23.27M | 31.94M | 55.44M | 15.64M | 18.66M |
Accounts Payable | 147K | 176K | 1.92M | 13.76M | 14.64M | 16.99M | 11.78M | 14.38M |
Days Payables Outstanding | - | 705.93 | 1.62K | 290.94 | 210.87 | 182.1 | 101.17 | 92.81 |
Short-Term Debt | 0 | 50K | 0 | 0 | 0 | 20.2M | 202K | 135K |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 0 | 0 | 0 | 0 | 14.61M | 51K | 3.65M | 4.15M |
Current Ratio | 2.56x | 0.27x | 5.87x | 1.47x | 0.84x | 0.34x | 1.41x | 1.62x |
Quick Ratio | 2.56x | 0.16x | 5.82x | 1.31x | 0.71x | 0.22x | 0.93x | 1.23x |
Cash Conversion Cycle | - | 1.75K | -780.29 | -164.49 | -109.46 | -87.22 | -20.84 | -15.92 |
Total Non-Current Liabilities | 2.5M | 9.32M | 24.28M | 134.14M | 334.54M | 473.1M | 561.09M | 573.52M |
Long-Term Debt | 2.5M | 104K | 11.2M | 119.81M | 277.99M | 416.58M | 483.12M | 288K |
Capital Lease Obligations | 0 | 9.22M | 13.08M | 187K | 49.34M | 263K | 52.2M | 102.9M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 0 | 14.14M | 7.21M | 56.26M | 25.78M | 573.24M |
Total Liabilities | 3.33M | 11.67M | 42.25M | 157.41M | 366.48M | 528.53M | 576.73M | 592.19M |
Total Debt | 2.5M | 9.37M | 24.31M | 120.08M | 327.42M | 437.16M | 535.52M | 423K |
Net Debt | 360K | 9.32M | -72.35M | 106.42M | 317.1M | 436.22M | 531.28M | -11.83M |
Debt / Equity | 0.98x | - | 0.24x | 0.99x | 21.44x | - | - | -0.00x |
Debt / EBITDA | - | - | - | - | - | - | - | -0.01x |
Net Debt / EBITDA | - | - | - | - | - | - | - | 0.27x |
Interest Coverage | - | -15.11x | -7.48x | -5.64x | -3.82x | -1.03x | -1.93x | -6.17x |
Total Equity | 2.55M▲ 0% | -2.57M▼ 200.7% | 101.68M▲ 4055.0% | 121.33M▲ 19.3% | 15.27M▼ 87.4% | -100.5M▼ 758.0% | -166.24M▼ 65.4% | -178.02M▲ 0% |
Equity Growth % | - | -200.67% | 4055% | 19.32% | -87.41% | -758.02% | -65.41% | -568.13% |
Book Value per Share | 3.31 | -0.67 | 15.31 | 15.21 | 1.92 | -11.85 | -7.08 | -7.38 |
Total Shareholders' Equity | 2.55M | -2.57M | 101.68M | 121.33M | 15.27M | -100.5M | -166.24M | -178.02M |
Common Stock | 1K | 1K | 9K | 1K | 1K | 1K | 2K | 2K |
Retained Earnings | -3.74M | -12.15M | -68.24M | -179.31M | -303.33M | -423.23M | -517.61M | -530.33M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
LOCL Cash Flow Statement
Local Bounti Corporation (LOCL) cash flow — operating, investing & free cash flow history
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Cash from Operations | -1.12M | -3.84M | -20.11M | -48.81M | -33.16M | -27.06M | -30.34M | -26.85M |
Operating CF Margin % | - | -4680.49% | -3151.72% | -250.63% | -120.32% | -70.96% | -62.72% | - |
Operating CF Growth % | - | -242.98% | -423.92% | -142.73% | 32.07% | 18.39% | -12.1% | -388.18% |
Net Income | -3.41M | -8.41M | -56.09M | -111.07M | -124.02M | -119.9M | -94.38M | -69.42M |
Depreciation & Amortization | 0 | 287K | 684K | 10.43M | 13.13M | 18.87M | 19.89M | 19.64M |
Stock-Based Compensation | 1.94M | 3.29M | 17.89M | 39.17M | 16.27M | 3.35M | 5.19M | 4.6M |
Deferred Taxes | 0 | -4.28M | 942K | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 147K | 4.28M | 6.97M | 7.23M | 56.35M | 61.83M | 38.7M | 11.46M |
Working Capital Changes | 198K | 989K | 9.49M | 5.44M | 5.11M | 8.79M | 255K | 6.87M |
Change in Receivables | 0 | -333K | 193K | -643K | -392K | 899K | 62K | -297K |
Change in Inventory | 0 | -243K | -652K | -88K | -678K | -3.1M | -593K | 174K |
Change in Payables | 0 | 29K | 1.74M | 2.12M | -66K | 6.64M | 1.54M | 4.37M |
Cash from Investing | -3.74M | -3.42M | -29.67M | -172.38M | -162.26M | -82.45M | -11.59M | -7.73M |
Capital Expenditures | -3.74M | -3.42M | -29.67M | -81.83M | -162.26M | -82.45M | -11.59M | -7.73M |
CapEx % of Revenue | - | 4173.17% | 4649.84% | 420.22% | 588.83% | 216.2% | 23.96% | 15.43% |
Acquisitions | 0 | 0 | 0 | -90.55M | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - |
Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash from Financing | 7M | 5.17M | 150.81M | 145.05M | 187.38M | 100.09M | 45.18M | 24.94M |
Debt Issued (Net) | 2.5M | 5.25M | 42.14M | 124.65M | 152.61M | 100.09M | 21.91M | 26.78M |
Equity Issued (Net) | 0 | -80K | 137.53M | 23.3M | -3K | 0 | 24.48M | -519K |
Dividends Paid | 0 | 0 | -27.32M | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | -80K | 0 | 0 | -3K | 0 | 0 | 0 |
Other Financing | 4.5M | 0 | -1.54M | -2.9M | 34.77M | 0 | -1.22M | -1.31M |
Net Change in Cash | 2.14M▲ 0% | -2.09M▼ 197.9% | 101.03M▲ 4929.4% | -76.14M▼ 175.4% | -8.04M▲ 89.4% | -9.43M▼ 17.2% | 3.25M▲ 134.5% | -9.64M▲ 0% |
Free Cash Flow | -4.86M▲ 0% | -7.26M▼ 49.3% | -49.77M▼ 585.6% | -130.64M▼ 162.5% | -195.42M▼ 49.6% | -109.52M▲ 44.0% | -41.92M▲ 61.7% | -34.59M▲ 0% |
FCF Margin % | - | -8853.66% | -7801.57% | -670.85% | -709.16% | -287.15% | -86.68% | -69.04% |
FCF Growth % | - | -49.32% | -585.59% | -162.47% | -49.59% | 43.96% | 61.72% | 57.8% |
FCF per Share | -6.30 | -1.90 | -7.49 | -16.38 | -24.60 | -12.91 | -1.79 | -1.43 |
FCF Conversion (FCF/Net Income) | 0.33x | 0.46x | 0.36x | 0.44x | 0.27x | 0.23x | 0.32x | 0.50x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
LOCL Key Ratios
Local Bounti Corporation (LOCL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | - | -113.19% | -99.61% | -181.57% | - | - | 43.72% |
Return on Invested Capital (ROIC) | -122.91% | -185.89% | -55.15% | -31.31% | -13.24% | -13.41% | -19.61% |
Gross Margin | -10.98% | 32.29% | 11.37% | 8.04% | 10.72% | 12.12% | 11.84% |
Net Margin | -10254.88% | -8792.01% | -570.36% | -450.03% | -314.39% | -195.14% | -138.58% |
Debt / Equity | - | 0.24x | 0.99x | 21.44x | - | - | -0.00x |
Interest Coverage | -15.11x | -7.48x | -5.64x | -3.82x | -1.03x | -1.93x | -6.17x |
FCF Conversion | 0.46x | 0.36x | 0.44x | 0.27x | 0.23x | 0.32x | 0.50x |
Revenue Growth | - | 678.05% | 2952.35% | 41.51% | 38.4% | 26.82% | 21.12% |
Related:LOCL Dividend History·LOCL Revenue History·LOCL Price History·LOCL P/E History·LOCL Financial Ratios·LOCL Institutional Holders
LOCL SEC Filings & Documents
Local Bounti Corporation (LOCL) SEC filings — annual & quarterly reports (10-K, 10-Q)
LOCL Frequently Asked Questions
Local Bounti Corporation (LOCL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Local Bounti Corporation (LOCL) reported $50.1M in revenue for fiscal year 2025.
Local Bounti Corporation (LOCL) grew revenue by 26.8% over the past year. This is strong growth.
Local Bounti Corporation (LOCL) reported a net loss of $69.4M for fiscal year 2025.
Dividend & Returns
Local Bounti Corporation (LOCL) had negative free cash flow of $34.6M in fiscal year 2025, likely due to heavy capital investments.