Local Bounti Corporation (LOCL) Asset Writedowns and Impairment (2021 - 2026)

Local Bounti Corporation's (LOCL) quarterly Asset Writedowns and Impairment came in at -$254000.0 in Q1 2026, down 353.57% year-on-year from $100169.0 in Q1 2025, and down 106.22% quarter-over-quarter from $4.1 million in Q3 2025.

Local Bounti Corporation (LOCL) Asset Writedowns and Impairment (2021 - 2026) Analysis & Trends

Local Bounti Corporation has disclosed Asset Writedowns and Impairment across 6 years of filings, most recently posting -$254000.0 for Q1 2026.

  • Asset Writedowns and Impairment for Q1 2026 came in at -$254000.0, down 353.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.5 million (up 1355.2% YoY), and the FY2025 annual result was $3.7 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment came in at -$254000.0 for Q1 2026 at Local Bounti Corporation, down from $4.1 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $4.1 million in Q3 2025 to a low of -$328000.0 in Q2 2025.
  • The 5-year median for Asset Writedowns and Impairment is $9500.0 (2023), against an average of $300571.4.
  • Across the five-year window, Asset Writedowns and Impairment jumped 4288.89% in 2022 and slumped 2881.82% in 2025, its largest moves.
  • Local Bounti Corporation's Asset Writedowns and Impairment stood at $377000.0 in 2022, then sank by 185.68% to -$323000.0 in 2023, then jumped by 34.37% to -$212000.0 in 2024, then jumped by 2026.42% to $4.1 million in 2025, then tumbled by 106.22% to -$254000.0 in 2026.
  • The last three Asset Writedowns and Impairment figures came in at -$254000.0 (Q1 2026), $4.1 million (Q3 2025), and -$328000.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Archer-Daniels-Midland 36.33 Bn 35.72 Bn 1.22 Bn
2 Bunge Global 21.79 Bn 22.33 Bn 766.00 Mn
3 Tyson Foods 3.86 Bn 3.46 Bn 962.00 Mn
4 Cal-Maine Foods 3.68 Bn 3.29 Bn 119.28 Mn
5 Adecoagro 2.04 Bn 1.74 Bn 97.80 Mn
6 Dole 1.33 Bn 1.17 Bn 184.99 Mn
7 Fresh Del Monte Produce 1.30 Bn 1.25 Bn 89.00 Mn
8 Vital Farms 463.27 Mn 426.30 Mn 53.01 Mn
9 Alico 310.30 Mn 262.17 Mn -4.59 Mn
10 Local Bounti Corporation 31.60 Mn 31.60 Mn 1.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -254,000.00
Mar 31, 2026 -254,000.00
Sep 30, 2025 4.08 Mn
Sep 30, 2025 4.08 Mn
Jun 30, 2025 -328,000.00
Jun 30, 2025 -328,000.00
Mar 31, 2025 -56,000.00
Mar 31, 2025 -56,000.00
Sep 30, 2024 -212,000.00
Sep 30, 2024 -212,000.00
Jun 30, 2024 -11,000.00
Jun 30, 2024 -11,000.00
Mar 31, 2024 223,000.00
Mar 31, 2024 223,000.00
Dec 31, 2023 -323,000.00
Dec 31, 2023 -323,000.00
Sep 30, 2023 70,000.00
Sep 30, 2023 70,000.00
Jun 30, 2023 285,000.00
Jun 30, 2023 285,000.00