LOCL
Local Bounti Corporation
NYSE · Consumer Defensive · Agricultural Farm Products · US
$1.12
+1.82%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 51.8M | 48.4M | 38.1M | 27.6M | 19.5M |
| Cost of Revenue | 46.3M | 42.5M | 34.0M | 25.3M | 17.3M |
| Gross Profit | 5.5M | 5.9M | 4.1M | 2.2M | 2.2M |
| Operating Expenses | |||||
| R&D Expense | 22.4M | 25.6M | 22.3M | 16.1M | 14.1M |
| SG&A Expense | 45.0M | 42.9M | 40.8M | 64.6M | 82.7M |
| General & Admin Expense | 35.2M | 33.8M | — | — | — |
| Selling & Marketing Expense | 9.8M | 9.1M | — | — | — |
| Other Expenses | (2.6M) | — | — | 38.5M | — |
| Total Operating Expenses | 64.8M | 68.5M | 63.1M | 119.1M | 96.7M |
| Cost and Expenses | 111.2M | 111.0M | 97.1M | 144.5M | 114.0M |
| Operating Income (EBIT) | (59.3M) | (62.6M) | (59.0M) | (116.9M) | (94.5M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 9.2M | 32.2M | 58.9M | 25.7M | 16.7M |
| Net Interest Income | (9.2M) | (32.2M) | (58.9M) | (25.7M) | (16.7M) |
| Other Non-Op Income/Expense | (8.3M) | (31.8M) | (60.9M) | (7.1M) | (16.5M) |
| Non-Operating Income (excl Interest) | (8.9M) | (415.0K) | 2.0M | (18.6M) | (189.0K) |
| EBT (Pre-Tax Income) | (67.7M) | (94.4M) | (119.9M) | (124.0M) | (111.1M) |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | (67.7M) | (94.4M) | (119.9M) | (124.0M) | (111.1M) |
| Earnings from Cont. Ops | (67.7M) | (94.4M) | (119.9M) | (124.0M) | (111.1M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (67.7M) | (94.8M) | (119.9M) | (124.0M) | (111.1M) |
| Per Share | |||||
| Basic EPS | ($2.77) | ($4.04) | ($14.14) | ($15.61) | ($13.92) |
| Diluted EPS | ($2.77) | ($4.04) | ($14.14) | ($15.61) | ($13.92) |
| Revenue Per Share | $1.78 | $2.06 | $4.50 | $3.47 | $2.44 |
| Shares | |||||
| Basic Shares Outstanding | 29.1M | 23.5M | 8.5M | 7.9M | 8.0M |
| Diluted Shares Outstanding | 29.1M | 23.5M | 8.5M | 7.9M | 8.0M |
| Profitability Metrics | |||||
| EBITDA | (27.8M) | (39.0M) | (42.1M) | (85.1M) | (83.9M) |
| D&A | 22.7M | 23.2M | 18.9M | 13.1M | 10.4M |
| EBIT | (50.4M) | (62.2M) | (61.0M) | (98.3M) | (94.3M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026