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
Download Data| Date | Value |
|---|---|
| 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 |