Local Bounti Corporation (LOCL) Operating Leases (2021 - 2026)
Local Bounti Corporation's Operating Leases was $9,000 in Q2 2026, down 76.9% from $39,000 a year earlier and down 47.1% from the prior quarter.
Local Bounti Corporation (LOCL) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Local Bounti Corporation came in at $25,000, down 56.1% from FY2024.
- Operating Leases has now declined for three consecutive years, though with a four-year compound annual growth rate of 25.7% (FY2021 to FY2025).
- In earlier years, Operating Leases was $57,000 in FY2024 (-50.0%), $114,000 in FY2023 (-39.0%), $187,000 in FY2022 and $10,000 in FY2021.
- The Q2 2026 figure marks the lowest quarterly Operating Leases in data going back to Q4 2021.
- Compared with a year earlier, Operating Leases has declined for 11 straight quarters, with an average decline of 55.5% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q2 2023 (growth of 61.7%); the worst was Q2 2026 (a decline of 76.9%).
- Per Business Quant data, LOCL's Operating Leases in the three quarters before Q2 2026 was $17,000 (Q1 2026), $25,000 (Q4 2025) and $34,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.74 Bn | 35.03 Bn | 1.94 Bn |
| 2 | Bunge Global | 20.95 Bn | 18.46 Bn | 1.68 Bn |
| 3 | Tyson Foods | 17.92 Bn | 14.28 Bn | 921.00 Mn |
| 4 | Jbs | 12.87 Bn | -20.24 Bn | 2.59 Bn |
| 5 | Darling Ingredients | 9.56 Bn | 9.16 Bn | 503.37 Mn |
| 6 | Smithfield Foods | 7.54 Bn | 2.49 Bn | 478.00 Mn |
| 7 | Pilgrims Pride | 6.69 Bn | 4.52 Bn | 339.75 Mn |
| 8 | Ingredion | 6.08 Bn | 2.26 Bn | 426.00 Mn |
| 9 | Seaboard | 3.94 Bn | -881.67 Mn | 221.00 Mn |
| 10 | Local Bounti Corporation | 30.23 Mn | 30.23 Mn | 1.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9,000.00 |
| Mar 31, 2026 | 17,000.00 |
| Dec 31, 2025 | 25,000.00 |
| Sep 30, 2025 | 34,000.00 |
| Jun 30, 2025 | 39,000.00 |
| Mar 31, 2025 | 49,000.00 |
| Dec 31, 2024 | 57,000.00 |
| Sep 30, 2024 | 65,000.00 |
| Jun 30, 2024 | 76,000.00 |
| Mar 31, 2024 | 95,000.00 |
| Dec 31, 2023 | 114,000.00 |
| Sep 30, 2023 | 133,000.00 |
| Jun 30, 2023 | 152,000.00 |
| Mar 31, 2023 | 169,000.00 |
| Dec 31, 2022 | 187,000.00 |
| Sep 30, 2022 | 84,000.00 |
| Jun 30, 2022 | 94,000.00 |
| Mar 31, 2022 | 145,000.00 |
| Dec 31, 2021 | 10,000.00 |
Local Bounti Corporation Operating Leases 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=operating-leases&ticker=LOCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=LOCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();