Local Bounti Corporation (LOCL) Revenue History
Annual and quarterly revenue from 2019 to present
LOCL Revenue Over Time (2019–2025)
LOCL Revenue Growth History
5 of 5 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +678.0%
- FY2022 revenue growth
- +2952.4%
- FY2023 revenue growth
- +41.5%
- FY2024 revenue growth
- +38.4%
- FY2025 revenue growth
- +26.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $13.3M | +14.9% |
| Q4 2025 | $12.5M | +23.7% |
| Q3 2025 | $12.2M | +19.1% |
| Q2 2025 | $12.1M | +28.2% |
| Q1 2025 | $11.6M | +38.4% |
| Q4 2024 | $10.1M | +46.7% |
| Q3 2024 | $10.2M | +50.4% |
| Q2 2024 | $9.4M | +31.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
LOCL's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
LOCL Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 28, 2026, Local Bounti Corporation (LOCL) generated trailing twelve-month (TTM) revenue of $50.1 million, reflecting strong growth of +14.9% year-over-year. The most recent quarter (Q1 2026) recorded $13.3 million in revenue, up 7.1% sequentially.
Historical Growth Trajectory
LOCL's 5-year compound annual growth rate (CAGR) stands at +258.2%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +35.4% is below the 5-year average, signalling a growth deceleration in recent years. Local Bounti Corporation's highest annual revenue of $48.4 million was recorded in 2025, an all-time high.
Revenue by Segment
LOCL's revenue is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Defensive sector peers — including HYFM (-30.8% YoY), FARM (-2.1% YoY), and AVO (-10.5% YoY) — LOCL has outperformed the peer group in revenue growth. Compare LOCL vs HYFM →
LOCL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LOCLCurrent | $50M | +14.9% | +258.2% | -129.5% | |
 HYFM | $134M | -30.8% | -17.1% | -29.4% | |
 FARM | $342M | -2.1% | -7.3% | -0.4% | |
 AVO | $1.4B | -10.5% | +10.0% | 5.1% | |
 DE | $44.7B | +5.4% | +5.2% | 18.8% |
LOCL Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $48.4M | +26.8% | $5.9M | 12.1% | $-62,627,000 | -129.5% |
| 2024 | $38.1M | +38.4% | $4.1M | 10.7% | $-58,968,000 | -154.6% |
| 2023 | $27.6M | +41.5% | $2.2M | 8.0% | $-116,910,000 | -424.2% |
| 2022 | $19.5M | +2952.4% | $2.2M | 11.4% | $-94,526,000 | -485.4% |
| 2021 | $638K | +678.0% | $206K | 32.3% | $-44,717,000 | -7008.9% |
| 2020 | $82K | - | $-9,000 | -11.0% | $-7,922,000 | -9661.0% |
| 2019 | $0 | - | $0 | - | $-3,367,000 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
7+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
LOCL — Frequently Asked Questions
Quick answers to the most common questions about buying LOCL stock.
Is LOCL's revenue growth accelerating or slowing?
LOCL revenue growth is holding steady at +14.9% year-over-year. TTM revenue is $50M. The current growth rate closely tracks the 5-year CAGR of +258.2%, signalling consistent execution.
What is LOCL's revenue history from 2019 to 2026?
Local Bounti Corporation (LOCL) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $50M, growing at +14.9% YoY. The 5-year CAGR is +258.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is LOCL's long-term revenue growth rate (CAGR)?
Local Bounti Corporation's 5-year revenue CAGR of +258.2% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +14.9% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for LOCL.
Why does LOCL's quarterly revenue fluctuate?
LOCL quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Local Bounti Corporation's revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is LOCL's revenue distributed by segment?
LOCL reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does LOCL's revenue compare to industry peers?
Local Bounti Corporation (LOCL) with TTM revenue of $50M and +14.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.