Local Bounti Corporation (LOCL) Financial Statements
Industry: Agricultural Production-Crops
In fiscal 2025, Local Bounti reported revenue of $48.4M, up 26.8% from $38.1M the year before. Net income was -$94.4M (a -195.1% net margin), or -$5.61 per diluted share. Gross margin was 12.1% and operating margin was -129.5%. Operating activities generated -$30.3M of cash, leaving -$41.9M of free cash flow. At fiscal year end, Local Bounti held $410.5M in total assets against $576.7M in total liabilities, including $4.2M of cash and equivalents.
Open the full interactive Local Bounti financials → Quarterly statements, key ratios, valuation history and price charts.
Local Bounti Key Stats
| Share Price | $1.03 |
|---|---|
| Market Cap | $29.9M |
| Revenue YoY Growth | +26.8% |
| 52-Week Range | $0.98 – $3.49 |
| Shares Outstanding | 29.1 million (basic, 2026 Q2) |
Local Bounti Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $638,000 | $19.5M | $27.6M | $38.1M | $48.4M |
| Cost of Goods Sold | $432,000 | $17.3M | $25.3M | $34.0M | $42.5M |
| Gross Profit | $206,000 | $2.2M | $2.2M | $4.1M | $5.9M |
| Operating Income | -$44.7M | -$94.5M | -$116.9M | -$59.0M | -$62.6M |
| Pre-Tax Income | -$56.1M | -$111.1M | -$124.0M | -$119.9M | -$94.4M |
| Income Tax | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$56.1M | -$111.1M | -$124.0M | -$119.9M | -$94.4M |
| Diluted EPS | -$13.78 | -$16.51 | -$15.61 | -$14.14 | -$5.61 |
Local Bounti Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $12.2M | $12.5M | $13.3M | $13.8M |
| Net Income | -$26.4M | -$8.7M | -$12.7M | -$19.8M |
| Diluted EPS | -$1.18 | -$0.51 | -$0.53 | -$0.68 |
Local Bounti Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $96.7M | $13.7M | $10.3M | $937,000 | $4.2M |
| Current Assets | $105.5M | $34.1M | $27.0M | $18.8M | $22.0M |
| Total Assets | $143.9M | $278.7M | $381.8M | $428.0M | $410.5M |
| Current Liabilities | $18.0M | $23.3M | $31.9M | $55.4M | $16.3M |
| Total Long-Term Debt | $11.2M | $119.8M | $278.0M | $436.8M | $483.1M |
| Total Liabilities | $42.2M | $157.4M | $366.5M | $528.5M | $576.7M |
| Shareholders' Equity | $101.7M | $121.3M | $15.3M | -$100.5M | -$166.2M |
Local Bounti Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$20.1M | -$48.8M | -$33.2M | -$27.1M | -$30.3M |
| Cash From Investing | -$29.7M | -$172.4M | -$162.3M | -$82.5M | -$11.6M |
| Cash From Financing | $150.8M | $145.1M | $187.4M | $100.1M | $45.2M |
| Free Cash Flow | -$49.8M | -$104.8M | -$195.4M | -$109.5M | -$41.9M |
Figures from Local Bounti's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Local Bounti financials page for every line item.
Local Bounti Company Profile
| Ticker | LOCL |
|---|---|
| Exchange | NYSE, OTC |
| Industry | Agricultural Production-Crops |
| Headquarters | Hamilton, Montana |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company, emerging growth company |
| SEC CIK | 0001840780 |
Frequently Asked Questions
What was Local Bounti's revenue in fiscal 2025?
Local Bounti (LOCL) reported revenue of $48.4M for fiscal 2025.
What is Local Bounti's annual revenue history?
Local Bounti's annual revenue by fiscal year: 2021: $638,000; 2022: $19.5M; 2023: $27.6M; 2024: $38.1M; 2025: $48.4M.
What was Local Bounti's net income in fiscal 2025?
Local Bounti reported net income of -$94.4M for fiscal 2025.
What was Local Bounti's earnings per share (EPS) in fiscal 2025?
Local Bounti's diluted EPS was -$5.61 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Local Bounti generate in fiscal 2025?
Local Bounti generated -$41.9M of free cash flow in fiscal 2025.
What was Local Bounti's revenue last quarter?
In its most recent reported quarter (2026 Q2), Local Bounti reported revenue of $13.8M.
How much debt does Local Bounti have?
Local Bounti reported $483.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Local Bounti are outstanding?
Local Bounti reported a weighted average of 29.1 million basic shares outstanding in 2026 Q2.
What is Local Bounti's market cap?
Based on its latest closing price, Local Bounti (LOCL) has a market capitalization of about $29.9M.
When does Local Bounti's fiscal year end?
Local Bounti's fiscal year end, as registered with the SEC, is December 31.
Where is Local Bounti headquartered?
Local Bounti lists its business address in Hamilton, Montana in its SEC filings.