Local Bounti Corporation (LOCL) Interest Expenses (2021 - 2026)

Local Bounti Corporation (LOCL) reported Interest Expenses of $4.0 million for Q1 2026, down 78.59% on a YoY basis from $18.8 million in Q1 2025, and down 3.19% sequentially from $4.2 million in Q4 2025.

Local Bounti Corporation (LOCL) Interest Expenses (2021 - 2026) Analysis & Trends

Local Bounti Corporation (LOCL) has 6 years of Interest Expenses data on file, last reported at $4.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 78.59% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2026 stood at $31.6 million (down 36.48% YoY), and the FY2025 full-year result was $65.2 million, down 32.94% from the prior year.
  • Interest Expenses fell to $4.0 million in Q1 2026, from $4.2 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $45.8 million in Q1 2023 to a low of $159000.0 in Q4 2024.
  • A 5-year average of $16.8 million and a median of $11.5 million in 2022 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses plunged 95.92% in 2024 and soared 2520.75% in 2025, its largest moves.
  • Tracing LOCL's Interest Expenses over 5 years: stood at $10.4 million in 2022, then slumped by 62.58% to $3.9 million in 2023, then sank by 95.92% to $159000.0 in 2024, then soared by 2520.75% to $4.2 million in 2025, then declined by 3.19% to $4.0 million in 2026.
  • Business Quant data shows LOCL's Interest Expenses at $4.0 million in Q1 2026, $4.2 million in Q4 2025, and $4.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Archer-Daniels-Midland 40.40 Bn 39.77 Bn 1.22 Bn 149.00 Mn
2 Bunge Global 22.75 Bn 21.91 Bn 766.00 Mn 186.00 Mn
3 Cal-Maine Foods 4.20 Bn 4.10 Bn 34.07 Mn 12.97 Mn
4 Del Monte 1.36 Bn 1.30 Bn 89.00 Mn 2.20 Mn
5 Dole 1.35 Bn 1.07 Bn 184.99 Mn 13.74 Mn
6 Adecoagro 1.04 Bn 861.99 Mn 97.80 Mn -46.22 Mn
7 Vital Farms 593.46 Mn 556.50 Mn 53.01 Mn 9.87 Mn
8 Alico 297.41 Mn 244.54 Mn -4.59 Mn 1.11 Mn
9 Forafric Global 283.82 Mn 269.52 Mn - 7.41 Mn
10 Local Bounti Corporation 26.54 Mn 14.29 Mn 1.53 Mn 4.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.03 Mn
Mar 31, 2026 4.03 Mn
Dec 31, 2025 4.17 Mn
Dec 31, 2025 4.17 Mn
Jun 30, 2025 4.60 Mn
Jun 30, 2025 4.60 Mn
Mar 31, 2025 18.84 Mn
Mar 31, 2025 18.84 Mn
Dec 31, 2024 159,000.00
Dec 31, 2024 159,000.00
Sep 30, 2024 18.31 Mn
Sep 30, 2024 18.31 Mn
Jun 30, 2024 12.50 Mn
Jun 30, 2024 12.50 Mn
Mar 31, 2024 9.61 Mn
Mar 31, 2024 9.61 Mn
Dec 31, 2023 3.90 Mn
Dec 31, 2023 3.90 Mn
Sep 30, 2023 41.64 Mn
Sep 30, 2023 41.64 Mn