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

Local Bounti Corporation's Research & Development history spans 5 years, with the latest figure at $7.0 million for Q1 2025.

  • For Q1 2025, Research & Development changed N/A year-over-year to $7.0 million; the TTM value through Mar 2025 reached $23.6 million, changed N/A, while the annual FY2022 figure was $14.1 million, 310.48% up from the prior year.
  • Research & Development for Q1 2025 was $7.0 million at Local Bounti Corporation, down from $7.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $7.1 million in Q3 2024 and bottomed at $432000.0 in Q1 2021.
  • The 5-year median for Research & Development is $3.6 million (2023), against an average of $3.7 million.
  • The largest annual shift saw Research & Development soared 350.93% in 2022 before it skyrocketed 41.89% in 2024.
  • A 5-year view of Research & Development shows it stood at $852000.0 in 2021, then surged by 260.68% to $3.1 million in 2022, then surged by 62.74% to $5.0 million in 2023, then surged by 41.89% to $7.1 million in 2024, then fell by 1.68% to $7.0 million in 2025.
  • Per Business Quant, the three most recent readings for LOCL's Research & Development are $7.0 million (Q1 2025), $7.1 million (Q3 2024), and $4.5 million (Q2 2024).