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

Local Bounti Corporation has disclosed Research & Development across 6 years of filings, most recently posting $5.7 million for Q1 2026.

• Research & Development for Q1 2026 came in at $5.7 million, down 18.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $24.3 million (down 5.68% YoY), and the FY2025 annual result 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.
• The 5-year median for Research & Development is $5.0 million (2023), against an average of $4.9 million.
• Across the five-year window, Research & Development surged 501.64% in 2022 and slipped 24.34% in 2025, its largest moves.
• Local Bounti Corporation's Research & Development stood at $5.1 million in 2022, then decreased by 22.3% to $4.0 million in 2023, then soared by 80.39% to $7.2 million in 2024, then declined by 24.34% to $5.4 million in 2025, then advanced by 5.13% to $5.7 million in 2026.
• The last three Research & Development figures came in at $5.7 million (Q1 2026), $5.4 million (Q4 2025), and $6.7 million (Q3 2025), per Business Quant data.