# Local Bounti Corporation: overview

LOCL · NYSE · CIK 1840780 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/locl.md) · [Financials](/companies/locl/financials.md) · [Filings](/companies/locl/filings.md) · [Insiders](/companies/locl/insiders.md)

Latest reported revenue: [$13.8m](/filings/0001628280-26-056162.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 12, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-056162).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [10.2](/filings/0001628280-25-052331.md) | [10.1 d](/filings/0001628280-26-021706.md) | [11.6](/filings/0001628280-26-035317.md) | [12.1](/filings/0001628280-26-056162.md) | [12.2](/filings/0001628280-25-052331.md) | [12.5 d](/filings/0001628280-26-021706.md) | [13.3](/filings/0001628280-26-035317.md) | [13.9](/filings/0001628280-26-056162.md) |
| Gross margin | % | [13.8%](/filings/0001628280-25-052331.md) | [5.4% d](/filings/0001628280-26-021706.md) | [12.6%](/filings/0001628280-26-035317.md) | [12.2%](/filings/0001628280-26-056162.md) | [11.5%](/filings/0001628280-25-052331.md) | [12.2% d](/filings/0001628280-26-021706.md) | [11.5%](/filings/0001628280-26-035317.md) | [7.6%](/filings/0001628280-26-056162.md) |
| Operating margin | % | [(176.0%)](/filings/0001628280-25-052331.md) | [(166.6%) d](/filings/0001628280-26-021706.md) | [(135.6%)](/filings/0001628280-26-035317.md) | [(127.7%)](/filings/0001628280-26-056162.md) | [(149.4%)](/filings/0001628280-25-052331.md) | [(106.1%) d](/filings/0001628280-26-021706.md) | [(104.5%)](/filings/0001628280-26-035317.md) | [(100.7%)](/filings/0001628280-26-056162.md) |
| Net margin | % | [(335.2%)](/filings/0001628280-25-052331.md) | [(360.1%) d](/filings/0001628280-26-021706.md) | [(324.6%)](/filings/0001628280-26-056162.md) | [(178.3%)](/filings/0001628280-26-056162.md) | [(216.6%)](/filings/0001628280-25-052331.md) | [(69.8%) d](/filings/0001628280-26-021706.md) | [(95.4%)](/filings/0001628280-26-056162.md) | [(143.1%)](/filings/0001628280-26-056162.md) |
| Diluted EPS | $ per share | [(4.01)](/filings/0001628280-25-052331.md) | not reported | [(4.32)](/filings/0001628280-26-035317.md) | [(1.63)](/filings/0001628280-26-056162.md) | [(1.18)](/filings/0001628280-25-052331.md) | not reported | [(0.53)](/filings/0001628280-26-035317.md) | [(0.68)](/filings/0001628280-26-056162.md) |
| Free cash flow | $m | [(30.0) d](/filings/0001628280-25-052331.md) | [(8.6) d](/filings/0001628280-26-021706.md) | [(14.5)](/filings/0001628280-26-035317.md) | [(14.6) d](/filings/0001628280-26-056162.md) | [(10.1) d](/filings/0001628280-25-052331.md) | [(3.6) d](/filings/0001628280-26-021706.md) | [(7.2)](/filings/0001628280-26-035317.md) | [(8.4) d](/filings/0001628280-26-056162.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [0.6](/filings/0001840780-23-000014.md) | [19.5](/filings/0001840780-24-000009.md) | [27.6](/filings/0001840780-25-000009.md) | [38.1](/filings/0001628280-26-021706.md) | [48.4](/filings/0001628280-26-021706.md) |
| Gross margin | % | [32.3%](/filings/0001840780-23-000014.md) | [11.4%](/filings/0001840780-24-000009.md) | [8.0%](/filings/0001840780-25-000009.md) | [10.7%](/filings/0001628280-26-021706.md) | [12.1%](/filings/0001628280-26-021706.md) |
| Operating margin | % | [(7008.9%)](/filings/0001840780-23-000014.md) | [(485.4%)](/filings/0001840780-24-000009.md) | [(424.2%)](/filings/0001840780-25-000009.md) | [(154.6%)](/filings/0001628280-26-021706.md) | [(129.5%)](/filings/0001628280-26-021706.md) |
| Net margin | % | [(8792.0%)](/filings/0001840780-23-000014.md) | [(570.4%)](/filings/0001840780-24-000009.md) | [(450.0%)](/filings/0001840780-25-000009.md) | [(314.4%)](/filings/0001628280-26-021706.md) | [(195.1%)](/filings/0001628280-26-021706.md) |
| Diluted EPS | $ per share | [(1.06)](/filings/0001840780-23-000014.md) | [(16.57)](/filings/0001840780-24-000009.md) | [(15.61)](/filings/0001840780-25-000009.md) | [(14.14)](/filings/0001628280-26-021706.md) | [(5.61)](/filings/0001628280-26-021706.md) |
| Free cash flow | $m | [(49.8)](/filings/0001840780-23-000014.md) | [(105)](/filings/0001840780-24-000009.md) | [(195)](/filings/0001840780-25-000009.md) | [(110)](/filings/0001628280-26-021706.md) | [(41.9)](/filings/0001628280-26-021706.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/locl/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Cresset Asset Management, LLC](/funds/1761013.md) | 2026-06-30 | $274.8k | 213,036 |  | Unchanged |
| [BBR PARTNERS, LLC](/funds/1352467.md) | 2026-06-30 | $251.2k | 194,696 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $243.9k | 189,080 |  | Unchanged |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $153.5k | 118,993 |  | Unchanged |
| [SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC](/funds/1794153.md) | 2026-06-30 | $128.3k | 99,455 |  | Added +43,750 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $59.0k | 45,715 |  | Reduced −18,525 |
| [OUTFITTERS FINANCIAL LLC](/funds/1846505.md) | 2026-06-30 | $50.7k | 39,291 |  | Reduced −2,500 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $43.8k | 33,980 |  | Unchanged |
| [PINNACLE ASSOCIATES LTD](/funds/743127.md) | 2026-06-30 | $39.8k | 30,845 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $35.5k | 27,510 |  | Unchanged |

## Recent filings

[All 607 filings](/companies/locl/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-21 | 20:16 ET | [DEF 14A](/filings/0001140361-26-037241.md) | Proxy statement, period 2026-11-04 | 0001140361-26-037241 |
| 2026-08-12 | 20:00 ET | [10-Q](/filings/0001628280-26-056162.md) | Quarterly report, period 2026-06-30 | 0001628280-26-056162 |
| 2026-08-12 | 11:31 ET | [8-K](/filings/0001628280-26-055950.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-055950 |
| 2026-08-10 | 20:16 ET | [SCHEDULE 13D/A](/filings/0000902664-26-003370.md) | Ownership report, active investor, amended | 0000902664-26-003370 |
| 2026-08-07 | 20:51 ET | [8-K](/filings/0001628280-26-054899.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001628280-26-054899 |
| 2026-07-02 | 21:43 ET | [SCHEDULE 13D/A](/filings/0001890581-26-000005.md) | Ownership report, active investor, amended | 0001890581-26-000005 |
| 2026-06-18 | 20:00 ET | [8-K](/filings/0001628280-26-044247.md) | 5.02 Departure or appointment of officers or directors | 0001628280-26-044247 |
| 2026-06-12 | 20:00 ET | [8-K](/filings/0001628280-26-042819.md) | 5.07 Shareholder vote results | 0001628280-26-042819 |
| 2026-05-15 | 20:21 ET | [8-K](/filings/0001628280-26-035596.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001628280-26-035596 |
| 2026-05-15 | 11:54 ET | [10-Q](/filings/0001628280-26-035317.md) | Quarterly report, period 2026-03-31 | 0001628280-26-035317 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-021706.md), filed Mar 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/2344aecd-bd27-429c-a95a-e1f105bd3247)

## About the filer

- CIK: 1840780
- Tickers: LOCL, LOCLW
- Exchange: NYSE
- SIC code: 100 Agricultural Production-Crops
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:49 ET. No prices; not investment advice.