Local Bounti Corporation (LOCL) Cost of Revenue (2021 - 2026)
Local Bounti Corporation (LOCL) reported Cost of Revenue of $11.8 million for Q1 2026, up 16.35% on a YoY basis from $10.1 million in Q1 2025, and up 7.93% sequentially from $10.9 million in Q4 2025.
Local Bounti Corporation (LOCL) Cost of Revenue (2021 - 2026) Analysis & Trends
Local Bounti Corporation (LOCL) has 6 years of Cost of Revenue data on file, last reported at $11.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 16.35% year-over-year to $11.8 million; the trailing twelve-month figure through Mar 2026 stood at $44.2 million (up 20.68% YoY), and the FY2025 full-year result was $42.5 million, up 24.84% from the prior year.
- Cost of Revenue advanced to $11.8 million in Q1 2026, from $10.9 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 $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.
- Across the five-year window, Cost of Revenue jumped 7654.32% in 2022 and rose 0.8% in 2023, its largest moves.
- Tracing LOCL's Cost of Revenue over 5 years: stood at $5.7 million in 2022, then grew by 8.07% to $6.2 million in 2023, then jumped by 54.06% to $9.5 million in 2024, then climbed by 14.75% to $10.9 million in 2025, then increased by 7.93% to $11.8 million in 2026.
- Business Quant data shows LOCL's Cost of Revenue at $11.8 million in Q1 2026, $10.9 million in Q4 2025, and $10.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 40.30 Bn | 39.68 Bn | 1.22 Bn | 19.27 Bn |
| 2 | Bunge Global | 22.79 Bn | 21.95 Bn | 766.00 Mn | 21.10 Bn |
| 3 | Cal-Maine Foods | 4.24 Bn | 4.13 Bn | 34.07 Mn | 518.52 Mn |
| 4 | Del Monte | 1.36 Bn | 1.29 Bn | 89.00 Mn | 955.10 Mn |
| 5 | Dole | 1.34 Bn | 1.06 Bn | 184.99 Mn | 2.16 Bn |
| 6 | Adecoagro | 1.05 Bn | 869.14 Mn | 97.80 Mn | 300.88 Mn |
| 7 | Vital Farms | 601.00 Mn | 564.03 Mn | 53.01 Mn | 134.15 Mn |
| 8 | Alico | 293.60 Mn | 240.72 Mn | -4.59 Mn | 9.93 Mn |
| 9 | Forafric Global | 287.32 Mn | 273.01 Mn | - | - |
| 10 | Local Bounti Corporation | 26.06 Mn | 13.80 Mn | 1.53 Mn | 11.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 6.19 Mn |
| Dec 31, 2023 | 6.19 Mn |