Local Bounti Corporation/DE
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $48.4M | $38.1M | $27.6M | $19.5M | $638,000 |
| Cost of revenue | $42.5M | $34.0M | $25.3M | $17.3M | $432,000 |
| Gross profit | $5.9M | $4.1M | $2.2M | $2.2M | $206,000 |
| Selling, general & administrative | — | $40.8M | $64.6M | $82.7M | $41.5M |
| Research and development | $25.6M | $22.3M | $16.1M | $14.1M | $3.4M |
| Operating expenses | $68.5M | $63.1M | $119.1M | $96.7M | $44.9M |
| Operating income | -$62.6M | -$59.0M | -$116.9M | -$94.5M | -$44.7M |
| Pretax income | — | — | — | — | -$56.1M |
| Income tax expense | $0 | $0 | $0 | $0 | $0 |
| Net income | -$94.4M | -$119.9M | -$124.0M | -$111.1M | -$56.1M |
| Balance Sheet | |||||
| Cash and equivalents | $4.2M | $937,000 | $10.3M | $13.7M | $96.7M |
| Current assets | $22.0M | $18.8M | $27.0M | $34.1M | $105.5M |
| Total assets | $410.5M | $428.0M | $381.8M | $278.7M | $143.9M |
| Current liabilities | $16.3M | $55.4M | $31.9M | $23.3M | $18.0M |
| Total liabilities | $576.7M | $528.5M | $366.5M | $157.4M | $42.2M |
| Stockholders' equity | -$166.2M | -$100.5M | $15.3M | $121.3M | $101.7M |
| Cash Flow Statement | |||||
| Cash from operations | -$30.3M | -$27.1M | -$33.2M | -$48.8M | -$20.1M |
| Depreciation and amortization | $23.2M | $18.9M | $13.1M | $10.4M | $684,000 |
| Stock-based compensation | $5.2M | $3.3M | $16.3M | $39.2M | $17.9M |
| Capital expenditure | $11.6M | $82.5M | $162.3M | $56.0M | $29.7M |
| Free cash flow | -$41.9M | -$109.5M | -$195.4M | -$104.8M | -$49.8M |
| Impairments | $3.7M | $0 | $38.5M | $0 | — |
Shares outstanding 22.8M · Free float 63.5%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.