Local Bounti Corporation (LOCLW) Operating Expenses (2021 - 2026)

Local Bounti Corporation has disclosed Operating Expenses across 6 years of filings, most recently posting $15.5 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $15.5 million, down 10.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $66.8 million (down 3.48% YoY), and the FY2025 annual result was $68.5 million, up 8.61% from the prior year.
• Operating Expenses came in at $15.5 million for Q1 2026 at Local Bounti Corporation, up from $14.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $59.9 million in Q4 2023 to a low of $11.1 million in Q1 2024.
• The 5-year median for Operating Expenses is $19.4 million (2024), against an average of $21.3 million.
• Across the five-year window, Operating Expenses jumped 611.37% in 2022 and tumbled 71.11% in 2024, its largest moves.
• Local Bounti Corporation's Operating Expenses stood at $23.1 million in 2022, then surged by 159.82% to $59.9 million in 2023, then plunged by 71.11% to $17.3 million in 2024, then slipped by 14.85% to $14.7 million in 2025, then climbed by 4.92% to $15.5 million in 2026.
• The last three Operating Expenses figures came in at $15.5 million (Q1 2026), $14.7 million (Q4 2025), and $19.6 million (Q3 2025), per Business Quant data.