Local Bounti Corporation (LOCL) Gross Margin (2021 - 2026)
Local Bounti Corporation recorded quarterly Gross Margin of 11.5% in Q1 2026, down 5.8% quarter-over-quarter from 12.21% in Q4 2025, and down 109.0% year-over-year from 127.8% in Q1 2025.
Local Bounti Corporation's Gross Margin history runs 6 years deep, the most recent figure standing at 11.5% for Q1 2026.
- In Q1 2026, Gross Margin fell 109.0% year-over-year to 11.5%; the TTM figure through Mar 2026 stood at 11.84% (up 32.0% YoY), while the FY2025 annual figure was 12.12%, up 139.0% from the prior year.
- Gross Margin came in at 11.5% for Q1 2026 at Local Bounti Corporation, down 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.
- On a YoY basis, Gross Margin climbed as much as 1769 bps in 2022 and fell as far as 3814 bps in 2022.
- Local Bounti Corporation's Gross Margin stood at 13.77% in 2022, then dropped by 28 bps to 9.9% in 2023, then plunged by 46 bps to 5.36% in 2024, then jumped by 128 bps to 12.21% in 2025, then decreased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 37.36 Bn | 36.74 Bn | 1.22 Bn | 5.96% |
| 2 | Bunge Global | 23.34 Bn | 23.89 Bn | 766.00 Mn | 3.50% |
| 3 | Tyson Foods | 4.64 Bn | 4.24 Bn | 962.00 Mn | 7.05% |
| 4 | Cal-Maine Foods | 3.64 Bn | 3.26 Bn | 119.28 Mn | 17.88% |
| 5 | Fresh Del Monte Produce | 1.57 Bn | 1.51 Bn | 89.00 Mn | 8.52% |
| 6 | Dole | 1.38 Bn | 1.21 Bn | 184.99 Mn | 7.90% |
| 7 | Vital Farms | 412.88 Mn | 375.92 Mn | 53.01 Mn | 28.32% |
| 8 | Alico | 311.29 Mn | 263.16 Mn | -4.59 Mn | -85.92% |
| 9 | Village Farms International | 301.97 Mn | 256.27 Mn | 20.99 Mn | 41.77% |
| 10 | Local Bounti Corporation | 46.56 Mn | 46.56 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% |
| Mar 31, 2021 | 21.05% |