Local Bounti Corporation (LOCL) Research & Development (2021 - 2026)
Local Bounti Corporation recorded quarterly Research & Development of $5.7 million in Q1 2026, up 5.13% quarter-over-quarter from $5.4 million in Q4 2025, and down 18.09% year-over-year from $7.0 million in Q1 2025.
Local Bounti Corporation's Research & Development history runs 6 years deep, the most recent figure standing at $5.7 million for Q1 2026.
- In Q1 2026, Research & Development fell 18.09% year-over-year to $5.7 million; the TTM figure through Mar 2026 stood at $24.3 million (down 5.68% YoY), while the FY2025 annual figure was $25.6 million, up 14.75% from the prior year.
- Research & Development came in at $5.7 million for Q1 2026 at Local Bounti Corporation, up from $5.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $7.2 million in Q4 2024 to a low of $1.9 million in Q1 2022.
- A 5-year average of $4.9 million and a median of $5.0 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 501.64% in 2022 and dropped 24.34% in 2025, its largest moves.
- Local Bounti Corporation's Research & Development stood at $5.1 million in 2022, then slipped by 22.3% to $4.0 million in 2023, then jumped by 80.39% to $7.2 million in 2024, then fell by 24.34% to $5.4 million in 2025, then climbed by 5.13% to $5.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $5.7 million, $5.4 million, and $6.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 37.36 Bn | 36.74 Bn | 1.22 Bn | - |
| 2 | Bunge Global | 23.34 Bn | 23.89 Bn | 766.00 Mn | - |
| 3 | Tyson Foods | 4.64 Bn | 4.24 Bn | 962.00 Mn | - |
| 4 | Cal-Maine Foods | 3.64 Bn | 3.26 Bn | 119.28 Mn | - |
| 5 | Fresh Del Monte Produce | 1.57 Bn | 1.51 Bn | 89.00 Mn | - |
| 6 | Dole | 1.38 Bn | 1.21 Bn | 184.99 Mn | - |
| 7 | Vital Farms | 412.88 Mn | 375.92 Mn | 53.01 Mn | - |
| 8 | Alico | 311.29 Mn | 263.16 Mn | -4.59 Mn | - |
| 9 | Village Farms International | 301.97 Mn | 256.27 Mn | 20.99 Mn | - |
| 10 | Local Bounti Corporation | 46.56 Mn | 46.56 Mn | 1.53 Mn | 5.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.72 Mn |
| Dec 31, 2025 | 5.44 Mn |
| Sep 30, 2025 | 6.68 Mn |
| Jun 30, 2025 | 6.49 Mn |
| Mar 31, 2025 | 6.98 Mn |
| Dec 31, 2024 | 7.19 Mn |
| Sep 30, 2024 | 7.10 Mn |
| Jun 30, 2024 | 4.52 Mn |
| Mar 31, 2024 | 3.49 Mn |
| Dec 31, 2023 | 3.98 Mn |
| Sep 30, 2023 | 5.00 Mn |
| Jun 30, 2023 | 3.53 Mn |
| Mar 31, 2023 | 3.58 Mn |
| Dec 31, 2022 | 5.13 Mn |
| Sep 30, 2022 | 3.02 Mn |
| Jun 30, 2022 | 3.07 Mn |
| Mar 31, 2022 | 1.95 Mn |
| Dec 31, 2021 | 852,000.00 |
| Sep 30, 2021 | 1.42 Mn |
| Jun 30, 2021 | 723,000.00 |
| Mar 31, 2021 | 432,000.00 |