Local Bounti Corporation (LOCL) — Financial statements
Income statement, balance sheet, and cash flow for Local Bounti Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 48↑26.8% | 38↑38.4% | 28↑41.5% | 19↑2952.4% | 0.64 | |
| Cost of Revenue | 43↑24.8% | 34↑34.4% | 25↑46.8% | 17↑3895.1% | 0.43 | |
| Gross Profit | 6↑43.3% | 4↑84.6% | 2↑0.0% | 2↑975.2% | 0.21 | |
| Operating Expenses | ||||||
| R&D Expenses | 26↑14.8% | 22↑38.5% | 16↑14.4% | 14↑310.5% | 3 | |
| General & Administrative Expenses | 34 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 9 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 43↑5.3% | 41↓36.8% | 65↓21.9% | 83↑99.2% | 41 | |
| Other Expenses | 0.00 | 0.00↓100.0% | 38 | 0.00 | 0.00 | |
| Operating Expenses | 68↑8.6% | 63↓47.1% | 119↑23.1% | 97↑115.3% | 45 | |
| Total Costs & Expenses | 111↑14.3% | 97↓32.8% | 144↑26.7% | 114↑151.4% | 45 | |
| Operating Results | ||||||
| Operating Income | -63↓6.2% | -59↑49.6% | -117↓23.7% | -95↓111.4% | -45 | |
| Depreciation & Amortization | 23↑22.9% | 19↑43.7% | 13↑25.9% | 10↑1424.4% | 0.68 | |
| EBITDA | -39↑7.3% | -42↑50.5% | -85↓1.5% | -84↓72.0% | -49 | |
| EBIT | -62↓2.0% | -61↑37.9% | -98↓4.2% | -94↓90.7% | -49 | |
| Interest & Other Income | ||||||
| Net Interest Income | -32↑45.4% | -59↓128.9% | -26↓53.8% | -17↓152.9% | -7 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 32↓45.4% | 59↑128.9% | 26↑53.8% | 17↑152.9% | 7 | |
| Non-Operating Income | -0.42↓120.6% | 2↑110.8% | -19↓9762.4% | -0.19↓104.0% | 5 | |
| Other Income / Expenses | -32↑47.9% | -61↓757.6% | -7↑57.1% | -17↓45.4% | -11 | |
| Income Before Tax | -94↑21.3% | -120↑3.3% | -124↓11.7% | -111↓98.0% | -56 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -94↑21.3% | -120↑3.3% | -124↓11.7% | -111↓98.0% | -56 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -94↑21.3% | -120↑3.3% | -124↓11.7% | -111↓98.0% | -56 | |
| Bottom-Line Net Income | -95↑21.0% | -120↑3.3% | -124↓11.7% | -111↓98.0% | -56 | |
| EPS (Basic) | -5.61↑60.3% | -14.14↑9.4% | -15.61↓12.1% | -13.92↓64.7% | -8.45 | |
| EPS (Diluted) | -5.61↑60.3% | -14.14↑9.4% | -15.61↓12.1% | -13.92↓64.7% | -8.45 | |
| Weighted Average Shares | 169↑1892.4% | 8↑6.8% | 8↓0.4% | 8↑20.1% | 7 | |
| Weighted Average Diluted Shares | 169↑1892.4% | 8↑6.8% | 8↓0.4% | 8↑20.1% | 7 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.