Local Bounti Corporation (LOCL) Asset Writedowns and Impairment (2021 - 2026)
Local Bounti Corporation recorded quarterly Asset Writedowns and Impairment of -$254000.0 in Q1 2026, down 106.22% quarter-over-quarter from $4.1 million in Q3 2025, and down 353.57% year-over-year from $100169.0 in Q1 2025.
Local Bounti Corporation's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at -$254000.0 for Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment fell 353.57% year-over-year to -$254000.0; the TTM figure through Mar 2026 stood at $3.5 million (up 1355.2% YoY), while the FY2025 annual figure 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.
- A 5-year average of $300571.4 and a median of $9500.0 in 2023 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment surged 4288.89% in 2022 and sank 2881.82% in 2025, its largest moves.
- Local Bounti Corporation's Asset Writedowns and Impairment stood at $377000.0 in 2022, then plunged by 185.68% to -$323000.0 in 2023, then surged by 34.37% to -$212000.0 in 2024, then surged by 2026.42% to $4.1 million in 2025, then slumped by 106.22% to -$254000.0 in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$254000.0, $4.1 million, and -$328000.0 for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 37.36 Bn | 36.74 Bn | 1.22 Bn |
| 2 | Bunge Global | 23.34 Bn | 23.89 Bn | 766.00 Mn |
| 3 | Tyson Foods | 4.64 Bn | 4.24 Bn | 962.00 Mn |
| 4 | Cal-Maine Foods | 3.64 Bn | 3.26 Bn | 119.28 Mn |
| 5 | Fresh Del Monte Produce | 1.57 Bn | 1.51 Bn | 89.00 Mn |
| 6 | Dole | 1.38 Bn | 1.21 Bn | 184.99 Mn |
| 7 | Vital Farms | 412.88 Mn | 375.92 Mn | 53.01 Mn |
| 8 | Alico | 311.29 Mn | 263.16 Mn | -4.59 Mn |
| 9 | Village Farms International | 301.97 Mn | 256.27 Mn | 20.99 Mn |
| 10 | Local Bounti Corporation | 46.56 Mn | 46.56 Mn | 1.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2024 | 498,000.00 |
| Dec 31, 2024 | 498,000.00 |
| 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 | -385,000.00 |
| Dec 31, 2023 | -385,000.00 |
| Sep 30, 2023 | 70,000.00 |
| Sep 30, 2023 | 70,000.00 |
| Jun 30, 2023 | 285,000.00 |
| Jun 30, 2023 | 285,000.00 |
| Mar 31, 2023 | 30,000.00 |
| Mar 31, 2023 | 30,000.00 |
| Dec 31, 2022 | 377,000.00 |
| Dec 31, 2022 | 377,000.00 |
| Sep 30, 2022 | -55,000.00 |
| Sep 30, 2022 | -55,000.00 |
| Jun 30, 2022 | 378,000.00 |
| Jun 30, 2022 | 378,000.00 |
| Dec 31, 2021 | -9,000.00 |
| Dec 31, 2021 | -9,000.00 |
| Sep 30, 2021 | -25,000.00 |
| Sep 30, 2021 | -25,000.00 |
| Jun 30, 2021 | 33,000.00 |
| Jun 30, 2021 | 33,000.00 |
| Mar 31, 2021 | -25,000.00 |
| Mar 31, 2021 | -25,000.00 |