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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›LOCL›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Local Bounti Corporation/DE (LOCL) financials

Income statement

Local Bounti Corporation/DE (LOCL) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$82.0K$638K$19.5M$27.6M$38.1M$48.4M
Revenue growth—678.0%2952.4%41.5%38.4%26.8%
Gross profit-$9.00K$206K$2.21M$2.22M$4.09M$5.86M
Gross margin-11.0%32.3%11.4%8.0%10.7%12.1%
Operating income-$7.92M-$44.7M-$94.5M-$117M-$59.0M-$62.6M
Operating margin-9661.0%-7008.9%-485.4%-424.2%-154.6%-129.5%
Net income-$8.41M-$56.1M-$111M-$124M-$120M-$94.4M
Net margin-10254.9%-8792.0%-570.4%-450.0%-314.4%-195.1%
EPS (diluted)-$0.17-$1.06-$16.57-$15.61-$14.14-$5.61

Cash flow

Local Bounti Corporation/DE (LOCL) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$3.84M-$20.1M-$48.8M-$33.2M-$27.1M-$30.3M
Capital expenditures$3.42M$29.7M$56.0M$162M$82.5M$11.6M
Free cash flow-$7.26M-$49.8M-$105M-$195M-$110M-$41.9M

Balance sheet

Local Bounti Corporation/DE (LOCL) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$45.0K$96.7M$13.7M$10.3M$937K$4.23M
Total assets$9.10M$144M$279M$382M$428M$410M
Total liabilities$11.7M$42.2M$157M$366M$529M$577M
Long-term debt$104K$11.2M$120M$278M$417M$483M
Shareholders' equity-$2.57M$102M$121M$15.3M-$101M-$166M
Retained earnings-$12.1M-$68.2M-$179M-$303M-$423M-$518M
Shares (wtd avg diluted)49.7M52.9M6.70M7.94M8.48M16.9M

Every figure is extracted from Local Bounti Corporation/DE’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Local Bounti Corporation/DE's annual revenue?
Local Bounti Corporation/DE (LOCL) reported $48.4M of revenue for fiscal year 2025 — up 26.8% from $38.1M in FY2024, per its annual report filed with the SEC.
Is Local Bounti Corporation/DE profitable?
Not in FY2025 — LOCL reported a net loss of $94.4M, per SEC filings.
What is Local Bounti Corporation/DE's free cash flow?
-$41.9M in FY2025 (operating cash flow -$30.3M minus $11.6M of capital expenditures), from the SEC cash-flow statement.
Does LOCL pay a dividend?
Local Bounti Corporation/DE reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full LOCL analysis — verdict, score & filings →Is LOCL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.