LOCL · Local Bounti Corporation/De - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.34M | - | $12.20M | $12.10M | $11.61M | - | $10.24M | $9.44M | $8.38M | - |
| Cost of Revenue | $11.80M | - | $10.79M | $10.63M | $10.14M | - | $8.83M | $8.09M | $7.60M | - |
| Gross Profit | $1.53M | - | $1.41M | $1.47M | $1.46M | - | $1.41M | $1.35M | $786.0K | - |
| R&D | $5.71M | - | $6.68M | $6.49M | $6.98M | - | $7.10M | $4.52M | $3.49M | - |
| SG&A | $7.51M | - | $10.51M | $8.04M | $5.82M | - | $12.35M | $10.70M | $7.60M | - |
| Total Operating Expenses | $15.47M | - | $19.63M | $16.92M | $17.20M | - | $19.44M | $15.21M | $11.09M | - |
| D&A | $5.63M | - | $5.85M | $5.86M | $5.88M | - | $5.87M | $3.89M | $3.23M | - |
| Operating Income | ($13.93M) | - | ($18.22M) | ($15.45M) | ($15.73M) | - | ($18.03M) | ($13.86M) | ($10.30M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($12.72M) | - | ($26.43M) | ($21.58M) | ($37.67M) | - | ($34.33M) | ($25.27M) | ($24.05M) | - |
| EPS - Basic | ($0.53) | - | ($1.18) | ($1.63) | ($4.32) | - | ($4.01) | ($3.00) | ($2.89) | - |
| EPS - Diluted | ($0.53) | - | ($1.18) | ($1.63) | ($4.32) | - | ($4.01) | ($3.00) | ($2.89) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $12.25M | $4.23M | $6.20M | $5.29M | $18.01M | $937.0K | $317.0K | $9.69M | $8.24M | $10.33M |
| Accounts Receivable | $2.87M | $2.20M | $2.42M | $2.44M | $2.59M | $2.28M | $2.04M | $2.50M | $3.36M | $3.08M |
| Inventory | $7.19M | $7.42M | $6.82M | $7.03M | $7.16M | $6.81M | $6.55M | $5.47M | $4.96M | $4.21M |
| Accounts Payable | $14.38M | $11.78M | $9.23M | $9.53M | $15.34M | $16.99M | $16.36M | $13.74M | $12.78M | $14.64M |
| Current Assets | $30.19M | $22.03M | $24.13M | $24.95M | $40.63M | $18.82M | $17.30M | $26.77M | $25.67M | $26.99M |
| Total Assets | $414.17M | $410.49M | $417.76M | $426.77M | $447.20M | $428.04M | $430.81M | $438.10M | $413.41M | $381.75M |
| Current Liabilities | $18.66M | $16.31M | $14.31M | $19.38M | $19.98M | $55.44M | $53.12M | $43.49M | $32.19M | $31.94M |
| Long-term Debt | $490.81M | $483.12M | $484.85M | $478.33M | $480.05M | $416.58M | $384.94M | $367.29M | $329.77M | $277.99M |
| Total Liabilities | $592.19M | $576.73M | $575.90M | $559.50M | $560.19M | $528.53M | $496.43M | $470.94M | $422.85M | $366.48M |
| Stockholders' Equity | ($178.02M) | ($166.24M) | ($158.14M) | ($132.72M) | ($134.45M) | ($100.50M) | ($65.61M) | ($32.84M) | ($9.45M) | $15.27M |
| Retained Earnings | ($530.33M) | ($517.61M) | ($508.91M) | ($482.48M) | ($460.90M) | ($423.23M) | ($386.97M) | ($352.64M) | ($327.38M) | ($303.33M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($6.07M) | - | - | - | ($9.55M) | - | - | - | ($7.08M) | - |
| Investing Cash Flow | ($1.10M) | - | - | - | ($4.96M) | - | - | - | ($34.98M) | - |
| Financing Cash Flow | $15.23M | - | - | - | $35.46M | - | - | - | $39.90M | - |
| CapEx | $1.10M | - | - | - | $4.96M | - | - | - | $34.98M | - |
| Free Cash Flow | ($7.17M) | - | - | - | ($14.52M) | - | - | - | ($42.07M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 11.5% | - | 11.5% | 12.2% | 12.6% | - | 13.8% | 14.3% | 9.4% | - |
| Operating margin | -104.5% | - | -149.4% | -127.7% | -135.6% | - | -176.0% | -146.8% | -122.9% | - |
| EBITDA margin | -62.3% | - | -101.4% | -79.3% | -84.9% | - | -118.8% | -105.6% | -84.3% | - |
| Net margin | -95.4% | - | -216.6% | -178.3% | -324.6% | - | -335.2% | -267.6% | -286.9% | - |
| Free cash flow margin | -53.8% | - | - | - | -125.1% | - | - | - | -501.8% | - |
| FCF / Net income | 0.56 | - | - | - | 0.39 | - | - | - | 1.75 | - |
| R&D / Revenue | 42.9% | - | 54.7% | 53.6% | 60.1% | - | 69.3% | 47.9% | 41.6% | - |
| SG&A / Revenue | 56.3% | - | 86.1% | 66.5% | 50.1% | - | 120.6% | 113.3% | 90.6% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -3.1% | - | -6.3% | -5.1% | -8.4% | - | -8.0% | -5.8% | -5.8% | - |
| Return on equity | 7.1% | - | 16.7% | 16.3% | 28.0% | - | 52.3% | 76.9% | 254.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.62 | 1.35 | 1.69 | 1.29 | 2.03 | 0.34 | 0.33 | 0.62 | 0.80 | 0.84 |
| Quick ratio | 1.23 | 0.90 | 1.21 | 0.92 | 1.68 | 0.22 | 0.20 | 0.49 | 0.64 | 0.71 |
| Cash ratio | 0.66 | 0.26 | 0.43 | 0.27 | 0.90 | 0.02 | 0.01 | 0.22 | 0.26 | 0.32 |
| Leverage | ||||||||||
| Debt / Equity | -2.76 | -2.91 | -3.07 | -3.60 | -3.57 | -4.15 | -5.87 | -11.18 | -34.91 | 18.20 |
| Debt / Assets | 1.19 | 1.18 | 1.16 | 1.12 | 1.07 | 0.97 | 0.89 | 0.84 | 0.80 | 0.73 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -2.33 | -2.47 | -2.64 | -3.22 | -3.33 | -4.26 | -6.57 | -13.34 | -43.76 | 25.00 |
| Liabilities / Assets | 1.43 | 1.40 | 1.38 | 1.31 | 1.25 | 1.23 | 1.15 | 1.07 | 1.02 | 0.96 |
| Efficiency | ||||||||||
| Asset turnover | 0.03 | - | 0.03 | 0.03 | 0.03 | - | 0.02 | 0.02 | 0.02 | - |
| Inventory turnover | 1.64 | - | 1.58 | 1.51 | 1.42 | - | 1.35 | 1.48 | 1.53 | - |
| Days sales outstanding | 78d | - | 73d | 74d | 81d | - | 73d | 97d | 146d | - |
| Days inventory outstanding | 222d | - | 231d | 241d | 258d | - | 271d | 247d | 238d | - |
| Days payable outstanding | 445d | - | 312d | 327d | 552d | - | 676d | 620d | 614d | - |
| Cash conversion cycle | -144d | - | -9d | -12d | -213d | - | -333d | -276d | -229d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 2.1x | - | 5.5x | 2.6x | 1.6x | - | 2.1x | 2.5x | 2.9x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 14.9% | - | 19.1% | 28.2% | 38.4% | - | 50.4% | 31.5% | 25.2% | - |
| Revenue CAGR (3y) | 25.8% | - | 324.9% | 24.5% | 245.2% | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 5.0% | - | -0.5% | 9.0% | 85.9% | - | 248.9% | 58.6% | 181.7% | - |
| Operating income growth (YoY) | 11.4% | - | -1.1% | -11.4% | -52.8% | - | 5.1% | 28.5% | 46.6% | - |
| Net income growth (YoY) | 66.2% | - | 23.0% | 14.6% | -56.7% | - | -41.5% | -136.7% | -2.2% | - |
| EPS growth (YoY) | 87.7% | - | 70.6% | 45.7% | -49.5% | - | -32.8% | -122.2% | -1156.5% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 50.6% | - | - | - | 65.5% | - | - | - | -3.8% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -32.4% | -65.4% | -141.0% | -304.2% | -1323.2% | - | - | - | - | -87.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$48.37M totalReportable Segment$48.37M · 100.0%
Peer comparison
Same SIC group: Agricultural Production-Crops
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| FDP | $4.32B | 2.1% | 4.5% |
| CTVA | $17.40B | 6.3% | 4.5% |
| VRNO | $821.50M | -31.4% | -36.6% |
| CBSTF | - | - | - |
| GTII/GTBIF | $1.18B | 9.7% | 6.0% |
Comparing Local Bounti Corporation/DE against the 5 most active filers in the same SIC group.