Local Bounti Corporation (LOCL) Gross Margin (2021 - 2026)
Local Bounti Corporation (LOCL) posted Gross Margin of 11.5% for Q1 2026, down 5.8% sequentially from 12.21% in Q4 2025, and down 109.0% YoY from 127.8% in Q1 2025.
Local Bounti Corporation (LOCL) Gross Margin (2021 - 2026) Analysis & Trends
Local Bounti Corporation has reported Gross Margin for 6 years, with the latest figure at 11.5% in Q1 2026.
- Quarterly Gross Margin fell 109.0% year-over-year to 11.5% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.84% (up 32.0% YoY) and the FY2025 annual result came in at 12.12%, up 139.0% from the prior year.
- Gross Margin slipped to 11.5% in Q1 2026 per LOCL's latest filing, from 12.21% in the prior quarter.
- Over five years, Gross Margin peaked at 20.21% in Q3 2022 and troughed at 0.19% in Q2 2022.
- A 5-year average of 10.91% and a median of 11.86% in 2023 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 1769 bps in 2022, down 3814 bps in 2022.
- Over 5 years, Gross Margin stood at 13.77% in 2022, then declined by 28 bps to 9.9% in 2023, then sank by 46 bps to 5.36% in 2024, then surged by 128 bps to 12.21% in 2025, then slipped by 6 bps to 11.5% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 11.5%, 12.21%, and 11.52% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.83 Bn | 29.26 Bn | 1.94 Bn | 8.53% |
| 2 | Bunge Global | 21.88 Bn | 21.24 Bn | 1.68 Bn | 6.99% |
| 3 | Tyson Foods | 16.45 Bn | 15.71 Bn | 921.00 Mn | 6.64% |
| 4 | Cal-Maine Foods | 3.94 Bn | 3.83 Bn | 34.07 Mn | 6.16% |
| 5 | Del Monte | 1.49 Bn | 1.46 Bn | 121.30 Mn | 9.95% |
| 6 | Dole | 1.27 Bn | 976.21 Mn | 195.30 Mn | 7.81% |
| 7 | Adecoagro | 1.13 Bn | 898.60 Mn | 97.80 Mn | 24.53% |
| 8 | Vital Farms | 453.19 Mn | 431.85 Mn | 10.93 Mn | 6.58% |
| 9 | Village Farms International | 313.14 Mn | 240.21 Mn | 29.97 Mn | 46.85% |
| 10 | Local Bounti Corporation | 31.40 Mn | 31.40 Mn | 1.05 Mn | 7.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.55% |
| Mar 31, 2026 | 11.50% |
| Dec 31, 2025 | 12.21% |
| Sep 30, 2025 | 11.52% |
| Jun 30, 2025 | 12.16% |
| Mar 31, 2025 | 12.59% |
| Dec 31, 2024 | 5.36% |
| Sep 30, 2024 | 13.80% |
| Jun 30, 2024 | 14.31% |
| Mar 31, 2024 | 9.38% |
| Dec 31, 2023 | 9.90% |
| Sep 30, 2023 | 5.95% |
| Jun 30, 2023 | 11.86% |
| Mar 31, 2023 | 4.17% |
| Dec 31, 2022 | 13.77% |
| Sep 30, 2022 | 20.21% |
| Jun 30, 2022 | -0.19% |
| Mar 31, 2022 | 17.02% |
| Dec 31, 2021 | 51.91% |
| Sep 30, 2021 | 2.52% |