Local Bounti Corporation/DE (LOCL)
As-reported financials and SEC filings for Local Bounti Corporation/DE. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About Local Bounti Corporation/DE
Local Bounti Corporation is a controlled environment agriculture company that produces sustainably grown leafy greens, primarily living and loose leaf lettuce. The company uses its patented Stack & Flow Technology, a hybrid growing method combining vertical farming and greenhouse farming, to grow non-GMO produce with reduced water, land, and pesticide use. Local Bounti distributes its products to about 13,000 retail locations across 35 U.S. states, serving major retailers such as Albertsons, Walmart, and Whole Foods.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Local Bounti Corporation/DE
- Revenue grew 26.8% to $48M in FY2025, slower than the 38.4% the year before.
- Operating margin is -129.5% in FY2025, +6879.4 pp against -7008.9% in FY2021.
- Most recent quarter Q2 FY2026: revenue $14M, up 14.4% from Q2 FY2025.
- Free cash flow was negative $42M in FY2025.
- Net loss narrowed to $94M in FY2025, from $120M in FY2024.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Local Bounti Corporation/DE’s fundamentals sit among the 241 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Local Bounti Corporation/DE’s revenue growth of +26.8% ranks in the 90th percentile of the 236 Materials companies reporting it.
No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $154,336. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Recent insider activity
Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.
| Trade date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
2026-07-02 | VALIASEK KATHLEENPresident and CEO | Sell | 118.7K | $1.30 | $154K |
Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 59.5K | +5.5% | 2.09 |
| 2026-07-31 | 56.4K | -14.4% | 2.70 |
| 2026-07-15 | 65.9K | -11.6% | 2.37 |
| 2026-06-30 | 74.5K | +16.9% | 2.86 |
| 2026-06-15 | 63.8K | -22.0% | 2.14 |
| 2026-05-29 | 81.7K | -52.1% | 1.88 |
| 2026-05-15 | 170.5K | -6.1% | 1.73 |
| 2026-04-30 | 181.5K | +222.4% | 1.00 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $48.4M | $38.1M | $27.6M | $19.5M | $638,000 |
| Gross profit | $5.9M | $4.1M | $2.2M | $2.2M | $206,000 |
| Operating income | $-62.6M | $-59.0M | $-116.9M | $-94.5M | $-44.7M |
| Net income | $-94.4M | $-119.9M | $-124.0M | $-111.1M | $-56.1M |
| Diluted EPS | $-5.61 | $-7.07 | $-7.80 | $-8.29 | $-4.24 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $4.2M | $937,000 | $10.3M | $13.7M | $96.7M |
| Current assets | $22.0M | $18.8M | $27.0M | $34.1M | $105.5M |
| Total assets | $410.5M | $428.0M | $381.8M | $278.7M | $143.9M |
| Current liabilities | $16.3M | $55.4M | $31.9M | $23.3M | $18.0M |
| Long-term debt | $483.1M | $416.6M | $278.0M | $119.8M | $11.2M |
| Total liabilities | $576.7M | $528.5M | $366.5M | $157.4M | $42.2M |
| Total equity | $-166.2M | $-100.5M | $15.3M | $121.3M | $101.7M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $-30.3M | $-27.1M | $-33.2M | $-48.8M | $-20.1M |
| Capital expenditure | $11.6M | $82.5M | $162.3M | $56.0M | $29.7M |
| Free cash flow | $-41.9M | $-109.5M | $-195.4M | $-104.8M | $-49.8M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q2 FY2026 | $13.8M | 14.4% | $-19.8M | $-0.68 |
| Q1 FY2026 | $13.3M | 14.9% | $-12.7M | $-0.53 |
| Q4 FY2025 | $12.5M | 23.7% | $-8.7M | $-0.38 |
| Q3 FY2025 | $12.2M | 19.1% | $-26.4M | $-1.18 |
| Q2 FY2025 | $12.1M | 28.2% | $-21.6M | — |
| Q1 FY2025 | $11.6M | 38.4% | $-37.7M | — |
| Q4 FY2024 | $10.1M | 46.7% | $-36.3M | — |
| Q3 FY2024 | $10.2M | 50.4% | $-34.3M | — |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest Materials peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.