Local Bounti Corporation
Local Bounti Corporation (NYSE: LBOU) operates as a controlled environment agriculture company focused on sustainably growing fresh produce, primarily living and loose leaf lettuce. Founded in 2018 and headquartered in Hamilton, Montana, the company utilizes its proprietary Stack & Flow Technology, a hybrid growing… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Local Bounti Corporation does
In the company’s own words
Local Bounti Corporation (NYSE: LBOU) operates as a controlled environment agriculture company focused on sustainably growing fresh produce, primarily living and loose leaf lettuce. Founded in 2018 and headquartered in Hamilton, Montana, the company utilizes its proprietary Stack & Flow Technology, a hybrid growing approach that combines vertical farming during early plant development with greenhouse farming for final cultivation. This methodology enables Local Bounti to use 90 percent less water and land compared to traditional outdoor agriculture while significantly reducing pesticide and herbicide usage.
The company operates five production facilities across the United States: the Montana headquarters facility, two California facilities (Carpinteria and Oxnard acquired through the 2022 Pete's Acquisition), and newer facilities in Georgia, Washington, and Texas that commenced operations in 2022 and 2024 respectively. Local Bounti distributes its products to approximately 13,000 retail locations across 35 U.S. states through direct relationships with major retailers including Albertsons, Kroger, Target, Walmart, Whole Foods, and Sam's Club. The company's product portfolio includes 30 stock keeping units spanning living and loose leaf lettuce, arugula, cress, and value-added salad kits in both organic and conventional varieties. Local Bounti holds approximately an 80 percent share of the controlled environment agriculture market for living butter lettuce in the Western United States.
The company's competitive differentiation centers on unit economics optimization through technology-driven design, modular and geographically distributed facility architecture, branded product diversity, and sustainability commitment. Local Bounti's facilities are designed for automation and efficiency using pre-engineered, standardized components to reduce construction time and execution risk. The Stack & Flow Technology enables facilities to achieve 1.5 to 2.0 times higher yields compared to traditional controlled environment agriculture greenhouse operations.
Sustainability forms a core business pillar, with Local Bounti addressing 12 of the 17 United Nations Sustainable Development Goals. The company maintains a credit facility with Cargill Financial Services International and operates under a business model emphasizing year-round production capacity, reduced food waste through extended shelf life, and local employment opportunities. Local Bounti's website is www.localbounti.com.
Company details
- Sector
- Consumer Staples
- Industry
- Agriculture
- Headquarters
- HAMILTON, MT
- Fiscal year end
- December
- CIK
- 1840780
- SIC
- 0100
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Local Bounti Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Local Bounti Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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