10x Insights
Loading account…
Companies / Materials / Local Bounti Corporation
LOCL

Local Bounti Corporation

MaterialsAgriculture
Ticker LOCLHAMILTON, MTFiscal year ends DecemberBook value per share $-7.37Diluted shares 26.7M

Local Bounti Corporation (NYSE: LOCL) is a controlled-environment agriculture company that grows and sells fresh produce, primarily living and loose-leaf lettuce, using its hybrid Stack & Flow Technology, which combines vertical nurseries with greenhouse growing. Its products include packaged leafy-green blends, salad… From the company’s description.

Over the twelve months to Jun 30, 2026, Local Bounti Corporation reported revenue of $51.84M, up 17.8% from a year earlier, and a net loss of $67.67M. Its operating margin was −114.4%, and operations used $25.50M in cash. In fiscal 2025, it reported revenue of $48.37M, up 26.8% from fiscal 2024, and a net loss of $94.38M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$48.37MFY2025
+26.8% year over year
Last 12 mo $51.84M
-129.49%FY2025
+25.1 percentage points
Last 12 mo -114.43%
$-94.38MFY2025
+21.3% year over year
Last 12 mo $-67.67M
56.77%FY2025
−62.5 percentage points
Last 12 mo 34.37%
Cash & financing
$-30.34MFY2025
−12.1% year over year
Last 12 mo $-25.50M
$-41.92MFY2025
+61.7% year over year
Last 12 mo $-28.36M
-2.91FY2025
Was -4.85× a year earlier
Last 12 mo -2.75
16.9MFY2025
+99.2% year over year
Last 12 mo 26.7M

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: LOCL) is a controlled-environment agriculture company that grows and sells fresh produce, primarily living and loose-leaf lettuce, using its hybrid Stack & Flow Technology, which combines vertical nurseries with greenhouse growing. Its products include packaged leafy-green blends, salad kits, arugula, cress and other specialty greens, sold under the Local Bounti and Pete’s brands to retail, club and foodservice customers. The company distributes to approximately 13,000 retail locations across 35 U.S. states, including Albertsons, Kroger, Target, Walmart and Whole Foods. It operates five commercial facilities across California, Georgia, Washington and Texas; its Montana facility is not currently in commercial operation. Local Bounti acquired California greenhouse grower Hollandia Produce Group, which operated as Pete’s, in 2022, expanding its facilities and product business. In 2025, its assortment comprised 30 SKUs across its product lines. Its website is https://localbounti.com.

Company details
Sector
Materials
Industry (SIC)
Agriculture
Headquarters
HAMILTON, MT
Fiscal year end
December
CIK
1840780
SIC
0100

Financial performance, year by year

Fiscal 2021–2025 · USD
$-141.60M$-88.84M$-36.09M$16.67M$69.43M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The 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.

Ownership

Who owns Local Bounti Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

7
funds hold it
0 of 35
superinvestors hold it
$0.54M
held by funds, at market
1.6%
of shares held by funds

Largest fund holders · Local Bounti Corporation’s weight in each

Select Technology Portfolio
FSPTX · Fidelity Select Portfolios
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
Ultra-Small Company Market Fund
BRSIX · Bridgeway Funds, Inc.
0.01%of fund net assets

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.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Local Bounti Corporation and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Local Bounti Corporation's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Local Bounti Corporation's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.