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

Local Bounti Corporation (LOCL) has 6 years of Operating Expenses data on file, last reported at $15.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 10.04% year-over-year to $15.5 million; the trailing twelve-month figure through Mar 2026 stood at $66.8 million (down 3.48% YoY), and the FY2025 full-year result was $68.5 million, up 8.61% from the prior year.
• Operating Expenses grew to $15.5 million in Q1 2026, 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 jumped 611.37% in 2022 and sank 71.11% in 2024, its largest moves.
• Tracing LOCL's Operating Expenses over 5 years: stood at $23.1 million in 2022, then jumped by 159.82% to $59.9 million in 2023, then sank by 71.11% to $17.3 million in 2024, then decreased by 14.85% to $14.7 million in 2025, then advanced by 4.92% to $15.5 million in 2026.
• Business Quant data shows LOCL's Operating Expenses at $15.5 million in Q1 2026, $14.7 million in Q4 2025, and $19.6 million in Q3 2025.