Local Bounti Corporation (LOCL) Other Operating Expenses (2023 - 2026)
Local Bounti Corporation (LOCL) posted Other Operating Expenses of $5.7 million for Q1 2026, up 160.25% sequentially from $2.2 million in Q4 2025, and down 18.09% YoY from $7.0 million in Q1 2025.
Local Bounti Corporation (LOCL) Other Operating Expenses (2023 - 2026) Analysis & Trends
Local Bounti Corporation has reported Other Operating Expenses for 4 years, with the latest figure at $5.7 million in Q1 2026.
- Quarterly Other Operating Expenses fell 18.09% year-over-year to $5.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.8 million (down 18.55% YoY) and the FY2025 annual result came in at $9.1 million, down 58.98% from the prior year.
- Other Operating Expenses rose to $5.7 million in Q1 2026 per LOCL's latest filing, from $2.2 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $38.5 million in Q4 2023 and troughed at $1.8 million in Q1 2024.
- A 4-year average of $7.8 million and a median of $5.1 million in 2024 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Other Operating Expenses sank 81.33% in 2024, then surged 291.53% in 2025.
- Over 4 years, Other Operating Expenses stood at $38.5 million in 2023, then tumbled by 81.33% to $7.2 million in 2024, then plunged by 69.44% to $2.2 million in 2025, then jumped by 160.25% to $5.7 million in 2026.
- According to Business Quant data, Other Operating Expenses over the past three periods registered $5.7 million, $2.2 million, and $2.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.83 Bn | 29.26 Bn | 1.94 Bn |
| 2 | Bunge Global | 21.88 Bn | 21.24 Bn | 1.68 Bn |
| 3 | Tyson Foods | 16.45 Bn | 15.71 Bn | 921.00 Mn |
| 4 | Cal-Maine Foods | 3.94 Bn | 3.83 Bn | 34.07 Mn |
| 5 | Del Monte | 1.49 Bn | 1.46 Bn | 121.30 Mn |
| 6 | Dole | 1.27 Bn | 976.21 Mn | 195.30 Mn |
| 7 | Adecoagro | 1.13 Bn | 898.60 Mn | 97.80 Mn |
| 8 | Vital Farms | 453.19 Mn | 431.85 Mn | 10.93 Mn |
| 9 | Village Farms International | 313.14 Mn | 240.21 Mn | 29.97 Mn |
| 10 | Local Bounti Corporation | 31.40 Mn | 31.40 Mn | 1.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.88 Mn |
| Mar 31, 2026 | 5.72 Mn |
| Dec 31, 2025 | 2.20 Mn |
| Sep 30, 2025 | 2.44 Mn |
| Jun 30, 2025 | 6.49 Mn |
| Mar 31, 2025 | 6.98 Mn |
| Dec 31, 2024 | 7.19 Mn |
| Sep 30, 2024 | 1.99 Mn |
| Jun 30, 2024 | 4.52 Mn |
| Mar 31, 2024 | 1.78 Mn |
| Dec 31, 2023 | 38.48 Mn |