Local Bounti Corporation (LOCL) Net Income (2021 - 2026)
Local Bounti Corporation (LOCL) posted Net Income of -$18.0 million for Q1 2026, down 226.74% sequentially from $14.2 million in Q4 2025, and up 48.03% YoY from -$12.1 million in Q1 2025.
Local Bounti Corporation (LOCL) Net Income (2021 - 2026) Analysis & Trends
Local Bounti Corporation has reported Net Income for 6 years, with the latest figure at -$18.0 million in Q1 2026.
- Quarterly Net Income rose 48.03% year-over-year to -$18.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$42.1 million (up 68.27% YoY) and the FY2025 annual result came in at -$127.8 million, up 18.16% from the prior year.
- Net Income eased to -$18.0 million in Q1 2026 per LOCL's latest filing, from $14.2 million in the prior quarter.
- Over five years, Net Income peaked at $14.2 million in Q4 2025 and troughed at -$84.9 million in Q4 2023.
- A 5-year average of -$36.7 million and a median of -$34.6 million in 2025 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2025: Net Income slumped 1245.49% in 2022, then soared 140.19% in 2025.
- Over 5 years, Net Income stood at -$32.6 million in 2022, then slumped by 160.58% to -$84.9 million in 2023, then jumped by 58.43% to -$35.3 million in 2024, then jumped by 140.19% to $14.2 million in 2025, then plunged by 226.74% to -$18.0 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$18.0 million, $14.2 million, and -$18.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.83 Bn | 29.26 Bn | 1.94 Bn | 912.00 Mn |
| 2 | Bunge Global | 21.88 Bn | 21.24 Bn | 1.68 Bn | 707.00 Mn |
| 3 | Tyson Foods | 16.45 Bn | 15.71 Bn | 921.00 Mn | 186.00 Mn |
| 4 | Cal-Maine Foods | 3.94 Bn | 3.83 Bn | 34.07 Mn | -35.04 Mn |
| 5 | Del Monte | 1.49 Bn | 1.46 Bn | 121.30 Mn | 21.50 Mn |
| 6 | Dole | 1.27 Bn | 976.21 Mn | 195.30 Mn | 26.10 Mn |
| 7 | Adecoagro | 1.13 Bn | 898.60 Mn | 97.80 Mn | 99.94 Mn |
| 8 | Vital Farms | 453.19 Mn | 431.85 Mn | 10.93 Mn | -31.07 Mn |
| 9 | Village Farms International | 313.14 Mn | 240.21 Mn | 29.97 Mn | 7.19 Mn |
| 10 | Local Bounti Corporation | 31.40 Mn | 31.40 Mn | 1.05 Mn | -13.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -18.43 Mn |
| Mar 31, 2026 | -17.97 Mn |
| Dec 31, 2025 | 14.18 Mn |
| Sep 30, 2025 | -18.22 Mn |
| Jun 30, 2025 | -20.05 Mn |
| Mar 31, 2025 | -34.57 Mn |
| Dec 31, 2024 | -35.28 Mn |
| Sep 30, 2024 | -36.34 Mn |
| Jun 30, 2024 | -26.36 Mn |
| Mar 31, 2024 | -19.91 Mn |
| Dec 31, 2023 | -84.85 Mn |
| Sep 30, 2023 | -60.64 Mn |
| Jun 30, 2023 | -63.17 Mn |
| Mar 31, 2023 | -65.12 Mn |
| Dec 31, 2022 | -32.56 Mn |
| Sep 30, 2022 | -44.05 Mn |
| Jun 30, 2022 | -49.22 Mn |
| Mar 31, 2022 | -29.34 Mn |
| Dec 31, 2021 | -37.77 Mn |
| Sep 30, 2021 | -5.68 Mn |