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MARKETS / NYSE / LOCL
NYSE · AGRICULTURAL PRODUCTION-CROPS · SMALL CAP

Local Bounti Corporation LOCL

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$48.4M
▲ 26.8% YoY
$-94.4M
$-41.9M
In brief

What this company does

Local Bounti is a controlled environment agriculture (CEA) company that produces sustainably grown produce, focused primarily on living and loose leaf lettuce. Founded in 2018, and headquartered in Hamilton, Montana, Local Bounti utilizes its patented Stack & Flow Technology to grow healthy food sustainably and affordably. The company distributes its products to approximately 13,000 retail locations across 35 U.S. states, primarily through direct relationships with blue-chip retail customers. With the completion of its Texas and Washington facilities in 2024, Local Bounti currently operates five facilities, spread across the Northwest, West, South and Southeastern United States, as well as its headquarters facility in Montana. As of December 31, 2025, the company had 286 full-time employees, including 204 non-exempt and 82 exempt employees.

Written from the business description in Local Bounti Corporation/DE's annual report to the U.S. Securities and Exchange Commission, filed 27 March 2026. Every sentence was checked against that document before publication.

Growth
USD 48.4M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 48.4 · Net income -94.4
20M40M-50M-100M202020212022202320242025
Compound annual growth
+35.4%
+258.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +258.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−195 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -129.5% · Net -195.1%
-5000%-10000%202020212022202320242025
ROE
FY2023 · ROE -181.6%
-50%-100%-150%202020212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -41.9
-80M-160M202020212022202320242025

Total assetsUSD 410.5M
EquityUSD -166.2M
CashUSD 4.2M
Gross debtUSD 483.1M
Net debtUSD 478.9M
Current ratio1.35×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.00.0
Operating income $B−0.1−0.1−0.1−0.1−0.0−0.0
EBITDA $B−0.0−0.0−0.1−0.1−0.0−0.0
Income tax $B0.00.00.00.00.00.0
Net income $B−0.1−0.1−0.1−0.1−0.1−0.0
Free cash flow $B−0.0−0.1−0.2−0.1−0.0−0.0
EPS, diluted $−5.61−14.14−15.61−16.57−1.06−0.17
Dividend / sh $······
Payout %······
ROE %··−181.6−99.6−113.2·
Shares out B0.020.010.010.010.090.06

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 65 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityAgricultural Production-Crops
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2020

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