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
DateValue
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