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Local Bounti Corporation (LOCL) Research & Development (2021 - 2025)

Historic Research & Development for Local Bounti Corporation (LOCL) over the last 5 years, with Q3 2025 value amounting to $6.7 million.

  • Local Bounti Corporation's Research & Development fell 590.47% to $6.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $27.3 million, marking a year-over-year increase of 4317.0%. This contributed to the annual value of $22.3 million for FY2024, which is 3854.9% up from last year.
  • Latest data reveals that Local Bounti Corporation reported Research & Development of $6.7 million as of Q3 2025, which was down 590.47% from $6.5 million recorded in Q2 2025.
  • In the past 5 years, Local Bounti Corporation's Research & Development ranged from a high of $7.2 million in Q4 2024 and a low of $432000.0 during Q1 2021
  • In the last 5 years, Local Bounti Corporation's Research & Development had a median value of $3.6 million in 2023 and averaged $4.0 million.
  • In the last 5 years, Local Bounti Corporation's Research & Development skyrocketed by 50164.32% in 2022 and then plummeted by 2229.81% in 2023.
  • Local Bounti Corporation's Research & Development (Quarter) stood at $852000.0 in 2021, then soared by 501.64% to $5.1 million in 2022, then dropped by 22.3% to $4.0 million in 2023, then skyrocketed by 80.39% to $7.2 million in 2024, then decreased by 7.07% to $6.7 million in 2025.
  • Its Research & Development stands at $6.7 million for Q3 2025, versus $6.5 million for Q2 2025 and $7.0 million for Q1 2025.