Local Bounti Corporation (LOCL)
| Market Cap | 46.05M +19.7% |
| Revenue (ttm) | 48.37M +26.8% |
| Net Income | -94.38M |
| EPS | -5.59 |
| Shares Out | 22.80M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 85,105 |
| Open | 2.210 |
| Previous Close | 2.280 |
| Day's Range | 2.020 - 2.305 |
| 52-Week Range | 0.980 - 3.995 |
| Beta | 2.17 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 18, 2026 |
About LOCL
Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, herbs, berries, and loose-leaf lettuce. It sells its products to food retailers and food service distributors. The company was founded in 2018 and is headquartered in Hamilton, Montana.
Financial Performance
In 2025, Local Bounti's revenue was $48.37 million, an increase of 26.82% compared to the previous year's $38.14 million. Losses were -$94.38 million, -21.29% less than in 2024.
Financial StatementsNews
Local Bounti Earnings Call Transcript: Q4 2025
Q4 2025 saw 24% revenue growth, improved margins, and reduced losses, with all facilities at full capacity and strong commercial momentum. Strategic investments and debt restructuring enhanced financial flexibility for 2026.
Local Bounti Announces Fourth Quarter and Full Year 2025 Financial Results
Delivered 27% Annual Revenue Growth and Improved Net Loss and Adjusted EBITDA While Advancing Strategic Retail Partnership Discussions During the First Quarter 2026, Secured New Retail Accounts to Exp...
Local Bounti to Release Full Year 2025 Financial Results on Wednesday, March 25, 2026
HAMILTON, Mont., March 23, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release...
Local Bounti Secures $15 Million of New Capital to Advance Growth Strategy
HAMILTON, Mont., March 17, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it secured...
Local Bounti Receives Continued Listing Standard Notice from NYSE
HAMILTON, Mont., Feb. 11, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that on February...
Local Bounti Earnings Call Transcript: Q3 2025
Q3 2025 saw 19% revenue growth, improved margins, and major operational gains, with Texas at full capacity and cost reductions underway. Strategic partnerships and new product launches are driving commercial momentum, with positive adjusted EBITDA targeted for early 2026.
Local Bounti Announces Third Quarter 2025 Financial Results
Reports 19% Year-Over-Year Revenue Growth While Advancing Strategic Partnership Discussions to Enable Capital-Efficient Expansion and Enhanced Returns Reduced Year-to-Date Annualized Expenses by Nearl...
Local Bounti to Release Third Quarter 2025 Financial Results on Wednesday, November 12, 2025
HAMILTON, Mont. , Nov. 10, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release...
Local Bounti Earnings Call Transcript: Q2 2025
Q2 2025 saw 28% revenue growth to $12.1M, improved margins, and a reduced adjusted EBITDA loss, driven by operational efficiencies and new facility output. Cost savings and capital restructuring strengthened the balance sheet, with positive adjusted EBITDA targeted for early 2026.
Local Bounti Announces Second Quarter 2025 Financial Results
Reports 28% Year-Over-Year Revenue Growth Driven by Expanded Facility Operations and Strengthened Retail Relationships Achieved $7 Million in Annualized Expense Reductions in the First Half of 2025 wi...
Local Bounti Appoints Dane Almassy as Chief Commercial Officer
HAMILTON, Mont. , Aug. 13, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced the appointment...
Local Bounti to Release Second Quarter 2025 Financial Results on Wednesday, August 13, 2025
HAMILTON, Mont. , Aug. 8, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release ...
Local Bounti Secures Additional Financing with Existing Investors
Closed on $10 Million Convertible Note and Amended Credit Facility with $10 Million Principal Debt Reduction HAMILTON, Mont. , Aug. 4, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Loca...
Local Bounti Earnings Call Transcript: Q1 2025
Q1 2025 revenue grew 38% year-over-year to $11.6M, with improved margins and a 20% yield boost in Georgia. Positive adjusted EBITDA is targeted for Q3, supported by cost reductions, new products, and expanded retail partnerships.
Local Bounti Announces First Quarter 2025 Financial Results
Reports 38% Year-Over-Year Revenue Growth and Reaffirms Path to Positive Adjusted EBITDA in Third Quarter 2025 Through Expanded Distribution, Yield Improvements, and Disciplined Cost Management HAMILT...
Local Bounti to Release First Quarter 2025 Financial Results on Wednesday, May 14, 2025
HAMILTON, Mont. , May 12, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release ...
Local Bounti Earnings Call Transcript: Q4 2024
Leadership transition and major debt restructuring position the company for growth, with sales up 38% year-over-year and positive adjusted EBITDA targeted for Q3 2025. Expanded distribution and operational improvements support a strong outlook.
Local Bounti Announces Full Year 2024 Financial Results
Secured $27.5 million of new funding - closed $25 million of new equity proceeds and $2.5 million of capex financing under executed term sheet and completed the restructuring of its existing credit fa...
Local Bounti to Release Full Year 2024 Financial Results on Monday, March 31, 2025
HAMILTON, Mont. , March 28, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will releas...
Local Bounti Announces Multi-Year Award with Large Multinational Retailer
New distribution underscores Local Bounti's customer-centric approach and commercial momentum HAMILTON, Mont. , Dec. 16, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or t...
Local Bounti Earnings Call Transcript: Q3 2024
Q3 2024 sales rose 50% year-over-year to $10.2 million, driven by new facilities and specialty products, though revenue fell short due to a strategic product mix shift. Adjusted gross margin improved to 32%, and positive Adjusted EBITDA is now targeted for Q2 2025.
Local Bounti Announces Third Quarter 2024 Financial Results
Commercial momentum accelerating with expanded product assortment and increased growing capacity Increased scale driving strategic discussions with customers to align respective footprints for next ch...
Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024
HAMILTON, Mont., Nov. 11, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release ...
Local Bounti Earnings Call Transcript: Q2 2024
Sales rose 31% year-over-year to $9.4M, with improved margins and reduced SG&A. New facilities in Texas and Washington ramped quickly, supporting expanded distribution and new SKUs. Full-year sales guidance of $50–$60M reiterated, with positive Adjusted EBITDA targeted for early 2025.
Local Bounti Announces Second Quarter 2024 Financial Results
Recently began shipping to Sam's Club and Brookshire's out of Texas facility Negotiating an additional $175 million financing commitment for a total of up to $400 million in capital commitments to sup...