Local Bounti Corporation/DE
About Local Bounti Corporation/DE
Local Bounti Corp is a controlled environment agriculture company. The business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides. The products of the company include living lettuce, leafy greens, herbs, and others.
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Financial summary
- Revenue FY2025
- $48.4M
- Net income
- -$94.4M
- Total assets
- $410.5M
- Market cap
- $32.1M
- Gross margin
- 12.1%
- Operating margin
- -129.5%
- Net margin
- -195.1%
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $48.4M
- Cost of revenue
- $42.5M
- Gross profit
- $5.9M
- Operating expenses
- $68.5M
- Operating income
- -$62.6M
- Income tax
- -$31.9M
- Net income
- -$94.4M
- EPS (basic)
- $-5.61
- EPS (diluted)
- $-5.61
Balance sheet
- Total assets
- $410.5M
- Current assets
- $22.0M
- Total liabilities
- $576.7M
- Current liabilities
- $16.3M
- Shareholders’ equity
- -$166.2M
Cash flow
- Operating cash flow
- -$30.3M
- Investing cash flow
- -$11.6M
- Financing cash flow
- $45.2M
- Net cash flow
- $3.3M
Statements via Polygon.io (SEC filings)
- Market cap
- $32.1M
- EPS (diluted)
- $-5.61
- Shares outstanding
- 23.5M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 22, 2021
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $94.4M in FY2025.
- Revenue grew 7481% from FY2021 to FY2025.
- Gross margin of 12.1%, net margin -195.1%.
- Trading 62% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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