Local Bounti Corporation (LOCL) Cost of Revenue (2021 - 2026)

Local Bounti Corporation recorded quarterly Cost of Revenue of $11.8 million in Q1 2026, up 152.63% quarter-over-quarter from -$22.4 million in Q4 2025, and up 16.35% year-over-year from $10.1 million in Q1 2025.

Local Bounti Corporation's Cost of Revenue history runs 6 years deep, the most recent figure standing at $11.8 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 16.35% year-over-year to $11.8 million; the TTM figure through Mar 2026 stood at -$5.8 million (down 126.02% YoY), while the FY2025 annual figure was $9.1 million, up 15.84% from the prior year.
  • Cost of Revenue came in at $11.8 million for Q1 2026 at Local Bounti Corporation, up from -$22.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $11.8 million in Q1 2026 to a low of -$22.4 million in Q4 2025.
  • A 5-year average of $3.6 million and a median of $5.7 million in 2022 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue surged 7654.32% in 2022 and plunged 1209.65% in 2025, its largest moves.
  • Local Bounti Corporation's Cost of Revenue stood at $5.7 million in 2022, then rose by 8.07% to $6.2 million in 2023, then sank by 67.33% to $2.0 million in 2024, then slumped by 1209.65% to -$22.4 million in 2025, then soared by 152.63% to $11.8 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $11.8 million, -$22.4 million, and $2.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Archer-Daniels-Midland 37.36 Bn 36.74 Bn 1.22 Bn 19.27 Bn
2 Bunge Global 23.34 Bn 23.89 Bn 766.00 Mn 21.10 Bn
3 Tyson Foods 4.64 Bn 4.24 Bn 962.00 Mn 12.69 Bn
4 Cal-Maine Foods 3.64 Bn 3.26 Bn 119.28 Mn 547.67 Mn
5 Fresh Del Monte Produce 1.57 Bn 1.51 Bn 89.00 Mn 955.10 Mn
6 Dole 1.38 Bn 1.21 Bn 184.99 Mn 2.16 Bn
7 Vital Farms 412.88 Mn 375.92 Mn 53.01 Mn 134.15 Mn
8 Alico 311.29 Mn 263.16 Mn -4.59 Mn 9.93 Mn
9 Village Farms International 301.97 Mn 256.27 Mn 20.99 Mn 29.25 Mn
10 Local Bounti Corporation 46.56 Mn 46.56 Mn 1.53 Mn 11.80 Mn

Historic Data

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DateValue
Mar 31, 2026 11.80 Mn
Mar 31, 2026 11.80 Mn
Dec 31, 2025 35.56 Mn
Dec 31, 2025 35.56 Mn
Sep 30, 2025 10.79 Mn
Sep 30, 2025 10.79 Mn
Jun 30, 2025 10.63 Mn
Jun 30, 2025 10.63 Mn
Mar 31, 2025 2.11 Mn
Mar 31, 2025 2.11 Mn
Dec 31, 2024 2.02 Mn
Dec 31, 2024 2.02 Mn
Sep 30, 2024 8.83 Mn
Sep 30, 2024 8.83 Mn
Jun 30, 2024 8.09 Mn
Jun 30, 2024 8.09 Mn
Mar 31, 2024 7.60 Mn
Mar 31, 2024 7.60 Mn
Dec 31, 2023 6.19 Mn
Dec 31, 2023 6.19 Mn
Sep 30, 2023 6.41 Mn
Sep 30, 2023 6.41 Mn
Jun 30, 2023 6.33 Mn
Jun 30, 2023 6.33 Mn
Mar 31, 2023 6.42 Mn
Mar 31, 2023 6.42 Mn
Dec 31, 2022 5.72 Mn
Dec 31, 2022 5.72 Mn
Sep 30, 2022 5.02 Mn
Sep 30, 2022 5.02 Mn
Jun 30, 2022 6.28 Mn
Jun 30, 2022 6.28 Mn
Mar 31, 2022 234,000.00
Mar 31, 2022 234,000.00
Dec 31, 2021 151,000.00
Dec 31, 2021 151,000.00
Sep 30, 2021 155,000.00
Sep 30, 2021 155,000.00
Jun 30, 2021 81,000.00
Jun 30, 2021 81,000.00
Mar 31, 2021 45,000.00
Mar 31, 2021 45,000.00