Local Bounti Corporation (LOCL) Research & Development (2021 - 2026)

Local Bounti Corporation (LOCL) has 6 years of Research & Development data on file, last reported at $2.2 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 6.15% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $16.7 million (up 25.68% YoY), and the FY2025 full-year result was $25.6 million, up 224.02% from the prior year.
• Research & Development retreated to $2.2 million in Q1 2026, from $5.4 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $7.1 million in Q3 2024 to a low of $1.9 million in Q1 2022.
• A 5-year average of $3.7 million and a median of $3.5 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development surged 501.64% in 2022 and sank 49.26% in 2024, its largest moves.
• Tracing LOCL's Research & Development over 5 years: stood at $5.1 million in 2022, then retreated by 22.3% to $4.0 million in 2023, then slumped by 49.26% to $2.0 million in 2024, then jumped by 168.98% to $5.4 million in 2025, then tumbled by 58.72% to $2.2 million in 2026.
• Business Quant data shows LOCL's Research & Development at $2.2 million in Q1 2026, $5.4 million in Q4 2025, and $6.7 million in Q3 2025.