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

Local Bounti Corporation's Operating Expenses history runs 6 years deep, the most recent figure standing at $15.5 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 10.04% year-over-year to $15.5 million; the TTM figure through Mar 2026 stood at $66.8 million (down 3.48% YoY), while the FY2025 annual figure was $68.5 million, up 8.61% from the prior year.
• Operating Expenses came in at $15.5 million for Q1 2026 at Local Bounti Corporation, up from $14.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $59.9 million in Q4 2023 to a low of $11.1 million in Q1 2024.
• A 5-year average of $21.3 million and a median of $19.4 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 611.37% in 2022 and slumped 71.11% in 2024, its largest moves.
• Local Bounti Corporation's Operating Expenses stood at $23.1 million in 2022, then soared by 159.82% to $59.9 million in 2023, then tumbled by 71.11% to $17.3 million in 2024, then dropped by 14.85% to $14.7 million in 2025, then grew by 4.92% to $15.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $15.5 million, $14.7 million, and $19.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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