Local Bounti (LOCL)

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Local Bounti Corporation is a controlled environment agriculture company focused on producing fresh leafy greens and herbs close to the markets where they are sold. The company uses greenhouse-based growing systems designed to reduce the land, water, and transport intensity associated with conventional field agriculture. Its operating model centers on regional facilities that can supply local retailers and foodservice customers with consistent produce throughout the year.

A distinctive feature of Local Bounti’s approach is its proprietary Stack & Flow Technology, which combines elements of vertical farming with greenhouse cultivation. Seedlings can begin growth in stacked environments before moving into a greenhouse setting, allowing the company to increase production density while still using natural light where possible. Its products include living lettuce, salad greens, herbs, and other fresh produce categories grown without conventional field herbicides or pesticides.

Local Bounti operates in the fast-changing indoor farming and fresh produce market, where demand is shaped by grocery supply chains, consumer preferences for local food, and the need for more reliable production in the face of weather volatility. The company’s strategy is to shorten distribution distances, improve shelf life, and offer a branded alternative to produce shipped across long routes. As a listed agriculture technology business, Local Bounti is closely tied to execution at its facilities, customer adoption, crop yields, energy costs, and the broader economics of scaling controlled environment farming.

1.28USD
1.30 USD
−0.02(-1.54%)
After-hours

Last updated

Market Cap
$30,394,155
P/E
P/FCF
P/S
0.59
Enterprise Value
$568,422,155
Sector
Consumer Staples
Industry
Packaged Foods & Meats
Address
490 FOLEY LANE, HAMILTON, MT, 59840

No recent news is linked to this listing.

Market Cap
$30,394,155
Enterprise Value
$568,422,155
P/E
P/B
-0.15
P/S
0.59
EV / EBITDA
-15.5
EV / Sales
10.96
EPS
-2.89
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$28,362,000
ROE
34.37%
ROA
-16.8%
Debt / Equity
-2.75
Current Ratio
1.07
Quick Ratio
0.72
Cash
0.17
Avg Volume
$30,147
Fundamentals Snapshot Price
1.3

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue13.85M13.34M12.46M12.2M12.1M
Cost of revenue12.8M11.8M10.94M10.79M10.63M
Gross profit1.05M1.53M1.52M1.41M1.47M
Operating income-13.95M-13.93M-13.22M-18.22M-15.45M
EBITDA-8.38M-8.31M-7.61M-12.37M-9.59M
Net income-19.82M-12.72M-8.7M-26.43M-21.58M
Income taxes00000
Interest expense-4.49M-4.03M28M-4.56M-4.6M
Other operating expenses00000
Total operating expenses14.99M15.47M14.74M19.63M16.92M
Basic EPS-0.68-0.53-0.38-1.18-1.63
Diluted EPS-0.68-0.53-0.38-1.18-1.63

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets402.68M414.17M410.49M417.76M426.77M
Total liabilities599.57M592.19M576.73M575.9M559.5M
Total equity-196.89M-178.02M-166.24M-158.14M-132.72M
Cash & equivalents3.63M12.25M4.23M6.2M5.29M
Current assets23.27M30.19M22.03M24.13M24.95M
Current liabilities21.72M18.67M16.31M14.32M19.38M
Accounts payable14.32M14.38M11.78M9.23M9.53M
Receivables2.87M2.87M2.2M2.42M2.44M
Inventories7.59M7.19M7.42M6.82M7.03M
Goodwill00000
Long-term debt540.94M542.46M534.62M535.31M528.66M

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow-7.37M-6.07M-3.15M-8.92M-8.72M
Investing cash flow-1.05M-1.11M482K-1.19M-5.92M
Financing cash flow-221K15.23M672K9.65M-603K
Change in cash-8.64M8.05M-1.99M-460K-15.24M
Net income-19.82M-12.72M-8.7M-26.43M-21.58M
KindFilingDateLink
edgar indexPRE 14A — Local Bounti Corporation/DEView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
edgar index10-Q — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar indexSCHEDULE 13D/A — Local Bounti Corporation/DEView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Schwab Charles R.View Filing
form 4Form 4 — Schwab Charles R.View Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar indexSCHEDULE 13D/A — Local Bounti Corporation/DEView Filing
form 4Form 4 — VALIASEK KATHLEENView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — SCHWAB CHARLES R JR.View Filing
form 4Form 4 — Nelson Mark JosephView Filing
form 4Form 4 — Brewster PamelaView Filing
form 4Form 4 — Nordby MatthewView Filing
form 4Form 4 — Molnar MichaelView Filing
edgar index424B3 — Local Bounti Corporation/DEView Filing
edgar indexEFFECT — Local Bounti Corporation/DEView Filing
edgar indexCORRESP — Local Bounti Corporation/DEView Filing
edgar indexUPLOAD — Local Bounti Corporation/DEView Filing
edgar indexS-3 — Local Bounti Corporation/DEView Filing
edgar index10-Q — Local Bounti Corporation/DEView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
form 4Form 4 — McCandless MargaretView Filing
form 4Form 4 — VALIASEK KATHLEENView Filing
form 4Form 4 — Hughes AnthonyView Filing
form 4Form 4 — Hurlbert Craig M.View Filing
form 4Form 4 — Hurlbert Craig M.View Filing
edgar indexDEF 14A — Local Bounti Corporation/DEView Filing
edgar indexDEFA14A — Local Bounti Corporation/DEView Filing
edgar indexARS — Local Bounti Corporation/DEView Filing
edgar indexPRE 14A — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
form 4Form 4 — VALIASEK KATHLEENView Filing
form 4Form 4 — Hughes AnthonyView Filing
form 4Form 4 — Hurlbert Craig M.View Filing
form 4Form 4 — Hurlbert Craig M.View Filing
edgar index10-K — Local Bounti Corporation/DEView Filing
edgar indexS-8 — Local Bounti Corporation/DEView Filing
ten k section10-K — businessView Filing
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ten k section10-K — risk_factorsView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13D/A — Local Bounti Corporation/DEView Filing
edgar index4 — Local Bounti Corporation/DEView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Schwab Charles R.View Filing
form 4Form 4 — Schwab Charles R.View Filing
edgar index4 — Local Bounti Corporation/DEView Filing
form 4Form 4 — McCandless MargaretView Filing
edgar index8-K — Local Bounti Corporation/DEView Filing
eight k text8-K — 8-KView Filing
edgar index4 — Local Bounti Corporation/DEView Filing