Revenue
$48.36M
Fiscal year ended 2025-12-31Operating income
-$62.63M
Fiscal year ended 2025-12-31Free cash flow
-$41.92M
Fiscal year ended 2025-12-31Local Bounti Corporation/DE (LOCL) reported revenue of $48.36M and net income of -$94.38M for the fiscal year ended 2025-12-31. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from Local Bounti Corporation/DE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Agricultural Production-Crops.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| Revenue | $48.36M | $38.14M | $27.56M | $19.47M | $638.00K | $82.00K |
| Cost of revenue | $42.50M | $34.05M | $25.34M | $17.26M | $432.00K | $91.00K |
| Gross profit | $5.86M | $4.09M | $2.22M | $2.22M | $206.00K | -$9.00K |
| Operating income | -$62.63M | -$58.97M | -$116.91M | -$94.53M | -$44.72M | -$7.92M |
| Net income | -$94.38M | -$119.90M | -$124.02M | -$111.07M | -$56.09M | -$8.41M |
| Research & development | $25.58M | $22.29M | $16.09M | $14.06M | $3.42M | $1.08M |
| Weighted-average diluted shares | shares 16.90M | shares 8.48M | shares 7.94M | shares 6.70M | shares 52.89M | shares 49.68M |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | -$56.09M | -$8.41M |
| Income tax expense | $0 | $0 | $0 | $0 | $0 | $0 |
| Diluted EPS | $-5.61 | $-14.14 | $-15.61 | $-16.57 | $-1.06 | $-0.17 |
| Selling, general & administrative | $42.91M | $40.77M | $64.56M | $82.68M | $41.50M | $6.83M |
| General & administrative | $33.77M | $32.88M | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | $9.14M | $7.89M | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.23M | $937.00K | $10.33M | $13.67M | $96.66M | $45.00K |
| Total assets | $410.49M | $428.04M | $381.75M | $278.74M | $143.93M | $9.10M |
| Current assets | $22.03M | $18.82M | $26.99M | $34.10M | $105.51M | $628.00K |
| Total liabilities | $576.73M | $528.54M | $366.48M | $157.41M | $42.25M | $11.67M |
| Current liabilities | $16.31M | $55.44M | $31.94M | $23.27M | $17.97M | $2.35M |
| Total equity incl. NCI | -$166.24M | -$100.50M | $15.27M | $121.33M | $101.68M | -$2.57M |
| Temporary (mezzanine) equity | Unavailable | $0 | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $7.42M | $6.81M | $4.21M | $3.59M | $922.00K | $243.00K |
| Accounts receivable | $2.20M | $2.28M | $3.08M | $2.69M | $110.00K | $11.00K |
| Goodwill | Unavailable | Unavailable | $0 | $38.48M | $0 | Unavailable |
| Long-term debt | $483.12M | $416.58M | $277.98M | $119.81M | $11.20M | $104.00K |
| Accounts payable | $11.78M | $16.99M | $14.64M | $13.76M | $1.92M | $176.00K |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$30.34M | -$27.06M | -$33.16M | -$48.81M | -$20.11M | -$3.84M |
| Capital expenditures | $11.59M | $82.45M | $162.26M | $56.02M | $29.67M | $3.42M |
| Investing cash flow | -$11.59M | -$82.45M | -$162.26M | -$172.38M | -$29.67M | -$3.42M |
| Financing cash flow | $45.18M | $100.09M | $187.38M | $145.05M | $150.81M | $5.17M |
| Net change in cash | $3.25M | -$9.43M | -$8.04M | -$76.14M | $101.03M | -$2.09M |
| Stock-based compensation | $5.19M | $3.35M | $16.27M | $39.17M | $17.90M | $3.30M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $23.20M | $18.87M | $13.13M | $10.43M | $684.00K | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| Free cash flow | -$41.92M | -$109.52M | -$195.42M | -$104.83M | -$49.77M | -$7.26M |
| Gross margin | 12.1% | 10.7% | 8.0% | 11.4% | 32.3% | -11.0% |
| Operating margin | -129.5% | -154.6% | -424.2% | -485.4% | -7008.9% | -9661.0% |
| FCF margin | -86.7% | -287.2% | -709.2% | -538.3% | -7801.6% | -8853.7% |
| SBC / revenue | 10.7% | 8.8% | 59.1% | 201.1% | 2804.9% | 4018.3% |
| Current ratio | 1.35x | 0.34x | 0.84x | 1.47x | 5.87x | 0.27x |
| Revenue YoY growth | 26.8% | 38.4% | 41.5% | 2952.4% | 678.0% | Unavailable |
| Net margin | -195.1% | -314.4% | -450.0% | -570.4% | -8792.0% | -10254.9% |
| R&D / revenue | 52.9% | 58.4% | 58.4% | 72.2% | 536.8% | 1315.9% |
| CapEx / revenue | 24.0% | 216.2% | 588.8% | 287.7% | 4649.8% | 4173.2% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open LOCL in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-12View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-03-27View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-15View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.