Local Bounti Corporation (LOCL) Gross Profit (2021 - 2026)
Local Bounti Corporation's Gross Profit came in at $1.05 million for Q2 2026, down 28.9% from $1.47 million a year earlier and down 31.8% from the prior quarter.
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Analysis
Local Bounti Corporation (LOCL) Gross Profit (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Local Bounti Corporation reported Gross Profit of $5.51 million, up 12.7% year-over-year; for FY2025, it was $5.86 million, up 43.3% from FY2024.
- Going back by year, Gross Profit was $4.09 million in FY2024 (+84.6%), $2.22 million in FY2023 (unchanged), $2.22 million in FY2022 (+975.2%) and $206,000 in FY2021.
- The Q2 2026 figure represents the lowest quarterly Gross Profit since Q4 2024.
- Year-over-year, Gross Profit increased in five of the last eight quarters, with growth averaging 60.0%.
- The fastest year-over-year change in Gross Profit over five years came in Q1 2023 (growth of 481.3%), and the weakest in Q3 2023 (a decline of 68.1%).
- Business Quant data shows LOCL's Gross Profit at $1.53 million (Q1 2026), $1.52 million (Q4 2025) and $1.41 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.27 Bn | 34.56 Bn | 1.94 Bn |
| 2 | Bunge Global | 20.55 Bn | 18.06 Bn | 1.68 Bn |
| 3 | Tyson Foods | 17.78 Bn | 14.14 Bn | 921.00 Mn |
| 4 | Jbs | 12.53 Bn | -20.58 Bn | 2.59 Bn |
| 5 | Darling Ingredients | 9.59 Bn | 9.18 Bn | 503.37 Mn |
| 6 | Smithfield Foods | 7.37 Bn | 2.32 Bn | 478.00 Mn |
| 7 | Pilgrims Pride | 6.43 Bn | 4.26 Bn | 339.75 Mn |
| 8 | Ingredion | 6.05 Bn | 2.22 Bn | 426.00 Mn |
| 9 | Seaboard | 3.78 Bn | -1.04 Bn | 221.00 Mn |
| 10 | Local Bounti Corporation | 32.85 Mn | 32.85 Mn | 1.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.05 Mn |
| Mar 31, 2026 | 1.53 Mn |
| Dec 31, 2025 | 1.52 Mn |
| Sep 30, 2025 | 1.41 Mn |
| Jun 30, 2025 | 1.47 Mn |
| Mar 31, 2025 | 1.46 Mn |
| Dec 31, 2024 | 540,000.00 |
| Sep 30, 2024 | 1.41 Mn |
| Jun 30, 2024 | 1.35 Mn |
| Mar 31, 2024 | 786,000.00 |
| Dec 31, 2023 | 680,000.00 |
| Sep 30, 2023 | 405,000.00 |
| Jun 30, 2023 | 852,000.00 |
| Mar 31, 2023 | 279,000.00 |
| Dec 31, 2022 | 914,000.00 |
| Sep 30, 2022 | 1.27 Mn |
| Jun 30, 2022 | -12,000.00 |
| Mar 31, 2022 | 48,000.00 |
| Dec 31, 2021 | 163,000.00 |
| Sep 30, 2021 | 4,000.00 |
API Access
Local Bounti Corporation Gross Profit 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-profit&ticker=LOCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=LOCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();