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LOCL · NYSE · Agricultural Farm Products

Local Bounti (LOCL)

Grows lettuce and herbs through a hybrid vertical-farm and greenhouse model.

$1.07
After hours+0.01 (+0.94%)
At close$1.06(−1.85%)

In millions of USD, except per-share figures

In millionsQ3 FY23Sep 2023Q4 FY23Dec 2023Q1 FY24Mar 2024Q2 FY24Jun 2024Q3 FY24Sep 2024Q4 FY24Dec 2024Q1 FY25Mar 2025Q2 FY25Jun 2025Q3 FY25Sep 2025Q4 FY25Dec 2025Q1 FY26Mar 2026Q2 FY26Jun 2026
Revenue77891010121212121314
Cost of revenue6688910101111111213
Gross profit011111111221
196011151917171720151515
Research & development543577767565
141761012109912131010
Selling & marketing002200222223
General & administrative0057007791188
Other expenses0381100111−400
Operating income−19−59−10−14−18−17−16−15−18−13−14−14
−5−6−14−11−16−19−22−6−851−6
Interest expense781013181919554−44
Other non-operating income−2−24−1−21324−9−51
Income before tax−24−66−24−25−34−36−38−22−26−9−13−20
Net income from continuing operations−24−66−24−25−34−36−38−22−26−9−13−20
Net income−24−66−24−25−34−36−38−22−26−9−13−20
EPS, basic−$3.02−$8.10−$2.89−$3.00−$4.01−$4.28−$4.32−$1.95−$1.18−$0.38−$0.53−$0.68
EPS, diluted−$3.02−$8.10−$2.89−$3.00−$4.01−$4.28−$4.32−$1.95−$1.18−$0.38−$0.53−$0.68
Weighted average shares, basic88889891122232429
Weighted average shares, diluted88889891122232429
EBITDA−14−55−11−9−10−12−13−11−161−3−10
Depreciation & amortization333466666666
EBIT−17−58−14−13−16−18−19−17−22−5−9−15