Local Bounti Corporation (LOCL) Gross Margin (2021 - 2026)
Local Bounti Corporation (LOCL) reported Gross Margin of 11.5% for Q1 2026, down 109.0% on a YoY basis from 127.8% in Q1 2025, and down 5.8% sequentially from 12.21% in Q4 2025.
Local Bounti Corporation (LOCL) Gross Margin (2021 - 2026) Analysis & Trends
Local Bounti Corporation (LOCL) has 6 years of Gross Margin data on file, last reported at 11.5% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 109.0% year-over-year to 11.5%; the trailing twelve-month figure through Mar 2026 stood at 11.84% (up 32.0% YoY), and the FY2025 full-year result was 12.12%, up 139.0% from the prior year.
- Gross Margin slipped to 11.5% in Q1 2026, from 12.21% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 20.21% in Q3 2022 to a low of 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.
- Peak annual rise in Gross Margin reached 1769 bps in 2022, while the deepest fall reached 3814 bps in 2022.
- Tracing LOCL's Gross Margin over 5 years: stood at 13.77% in 2022, then decreased by 28 bps to 9.9% in 2023, then slumped by 46 bps to 5.36% in 2024, then surged by 128 bps to 12.21% in 2025, then fell by 6 bps to 11.5% in 2026.
- Business Quant data shows LOCL's Gross Margin at 11.5% in Q1 2026, 12.21% in Q4 2025, and 11.52% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 40.13 Bn | 39.50 Bn | 1.22 Bn | 5.96% |
| 2 | Bunge Global | 22.67 Bn | 21.83 Bn | 766.00 Mn | 3.50% |
| 3 | Cal-Maine Foods | 4.25 Bn | 4.14 Bn | 34.07 Mn | 6.16% |
| 4 | Del Monte | 1.36 Bn | 1.30 Bn | 89.00 Mn | 8.52% |
| 5 | Dole | 1.34 Bn | 1.06 Bn | 184.99 Mn | 7.90% |
| 6 | Adecoagro | 1.06 Bn | 877.31 Mn | 97.80 Mn | 24.53% |
| 7 | Vital Farms | 604.83 Mn | 567.87 Mn | 53.01 Mn | 28.32% |
| 8 | Alico | 296.67 Mn | 243.79 Mn | -4.59 Mn | -85.92% |
| 9 | Forafric Global | 287.32 Mn | 273.01 Mn | - | - |
| 10 | Local Bounti Corporation | 25.82 Mn | 13.57 Mn | 1.53 Mn | 11.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 25.00% |