Local Bounti Corporation (LOCL) Gross Margin (2021 - 2026)
Local Bounti Corporation (LOCL) reported Gross Margin of 7.55% for Q2 2026, down 4.61 percentage points from 12.16% a year earlier and down 3.95 percentage points from the prior quarter.
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Analysis
Local Bounti Corporation (LOCL) Gross Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Local Bounti Corporation's Gross Margin came in at 10.62%, down 0.48 percentage points year-over-year; for FY2025, it was 12.12%, up 1.39 percentage points from FY2024.
- Gross Margin has a five-year change of +23.09 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 10.72% in FY2024 (+2.68 pp), 8.04% in FY2023 (-3.33 pp), 11.37% in FY2022 (-20.91 pp) and 32.29% in FY2021 (+43.26 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q4 2024.
- Year over year, Gross Margin gained in three of the last eight quarters, with an average year-over-year change of +0.41 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2022 (a gain of 17.69 percentage points); the low point was Q4 2022 (a drop of 38.14 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.50% (Q1 2026), 12.21% (Q4 2025) and 11.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.74 Bn | 35.03 Bn | 1.94 Bn | 8.53% |
| 2 | Bunge Global | 20.95 Bn | 18.46 Bn | 1.68 Bn | 6.99% |
| 3 | Tyson Foods | 17.92 Bn | 14.28 Bn | 921.00 Mn | 6.64% |
| 4 | Jbs | 12.87 Bn | -20.24 Bn | 2.59 Bn | 10.83% |
| 5 | Darling Ingredients | 9.56 Bn | 9.16 Bn | 503.37 Mn | 29.20% |
| 6 | Smithfield Foods | 7.54 Bn | 2.49 Bn | 478.00 Mn | 12.92% |
| 7 | Pilgrims Pride | 6.69 Bn | 4.52 Bn | 339.75 Mn | 7.34% |
| 8 | Ingredion | 6.08 Bn | 2.26 Bn | 426.00 Mn | 23.03% |
| 9 | Seaboard | 3.94 Bn | -881.67 Mn | 221.00 Mn | 7.56% |
| 10 | Local Bounti Corporation | 30.23 Mn | 30.23 Mn | 1.05 Mn | 7.55% |
Historic Data
Download Data
Historic 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% |
API Access
Local Bounti Corporation Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LOCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LOCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LOCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();