Local Bounti Corporation (LOCL) Cost of Revenue (2021 - 2026)
Local Bounti Corporation (LOCL) posted Cost of Revenue of $11.8 million for Q1 2026, up 7.93% sequentially from $10.9 million in Q4 2025, and up 16.35% YoY from $10.1 million in Q1 2025.
Local Bounti Corporation (LOCL) Cost of Revenue (2021 - 2026) Analysis & Trends
Local Bounti Corporation has reported Cost of Revenue for 6 years, with the latest figure at $11.8 million in Q1 2026.
- Quarterly Cost of Revenue rose 16.35% year-over-year to $11.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $44.2 million (up 20.68% YoY) and the FY2025 annual result came in at $42.5 million, up 24.84% from the prior year.
- Cost of Revenue advanced to $11.8 million in Q1 2026 per LOCL's latest filing, from $10.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $11.8 million in Q1 2026 and troughed at $234000.0 in Q1 2022.
- A 5-year average of $7.7 million and a median of $7.6 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 7654.32% in 2022, then advanced 0.8% in 2023.
- Over 5 years, Cost of Revenue stood at $5.7 million in 2022, then gained by 8.07% to $6.2 million in 2023, then jumped by 54.06% to $9.5 million in 2024, then rose by 14.75% to $10.9 million in 2025, then advanced by 7.93% to $11.8 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $11.8 million, $10.9 million, and $10.8 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 | 38.83 Bn | 29.26 Bn | 1.94 Bn | 20.75 Bn |
| 2 | Bunge Global | 21.88 Bn | 21.24 Bn | 1.68 Bn | 22.36 Bn |
| 3 | Tyson Foods | 16.45 Bn | 15.71 Bn | 921.00 Mn | 12.95 Bn |
| 4 | Cal-Maine Foods | 3.94 Bn | 3.83 Bn | 34.07 Mn | 518.52 Mn |
| 5 | Del Monte | 1.49 Bn | 1.46 Bn | 121.30 Mn | 1.10 Bn |
| 6 | Dole | 1.27 Bn | 976.21 Mn | 195.30 Mn | 2.30 Bn |
| 7 | Adecoagro | 1.13 Bn | 898.60 Mn | 97.80 Mn | 300.88 Mn |
| 8 | Vital Farms | 453.19 Mn | 431.85 Mn | 10.93 Mn | 155.10 Mn |
| 9 | Village Farms International | 313.14 Mn | 240.21 Mn | 29.97 Mn | 34.00 Mn |
| 10 | Local Bounti Corporation | 31.40 Mn | 31.40 Mn | 1.05 Mn | 12.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.80 Mn |
| Jun 30, 2026 | 12.80 Mn |
| Mar 31, 2026 | 11.80 Mn |
| Mar 31, 2026 | 11.80 Mn |
| Dec 31, 2025 | 10.94 Mn |
| Dec 31, 2025 | 10.94 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 | 10.14 Mn |
| Mar 31, 2025 | 10.14 Mn |
| Dec 31, 2024 | 9.53 Mn |
| Dec 31, 2024 | 9.53 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 |