LOCLNYSEAgricultural Production-CropsFiscal year ends December 31Also trades as LOCLW
Local Bounti Corporation/DE
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026
$0.95+0.02 (+1.67%)
Close on Oct 19, 2026
- Market cap
- $27.63M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
12.1%+23.1 pts over 5 years
Operating margin
-129.5%+9531.5 pts over 5 years
Net margin
-195.1%+10059.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +26.8% | +35.4% | +258.2% | – | |
| Gross profit | +43.3% | +38.3% | – | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 98929.4% | 70.8% | |
| Return on assets | – | – | -22.5% | |
| Current ratio | – | 0.27 | 1.35 | |
| Debt to equity | – | -0.04 | -2.91 | |
| Net debt to EBITDA | – | – | -12.15× | |
| Inventory turnover | – | – | 6.0× | |
| Capex to revenue | – | 4173.2% | 24.0% | |
| Diluted shares | – | 4M | 17M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Local Bounti generated $159.47M from operations and spent $341.99M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$159.47M
Used
$341.99M
Capital expenditure$341.99M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-195.1%
×Asset turnover0.12×
×Equity multiplier-3.14×
=Return on equity, FY202570.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -195.1% | 0.12× | -3.14× | 70.8% |
| FY2024 | -314.4% | 0.09× | -9.50× | 281.4% |
| FY2023 | -450.0% | 0.08× | 4.84× | -181.6% |
| FY2022 | -570.4% | 0.09× | 1.90× | -99.6% |
| FY2021 | -8792.0% | 0.01× | 1.54× | -113.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$94.38M
- Cash generatingOperating cash flow above zero-$30.34M
- Return on assets improvedROA up on the prior year-31.4% → -22.0%
- Earnings backed by cashOperating cash flow above net income-$30.34M vs -$94.38M
- Less leverageLong-term debt to assets fell97.3% → 117.7%
- Better liquidityCurrent ratio rose0.34 → 1.35
- No dilutionShare count did not rise8M → 17M
- Gross margin improvedGross margin up on the prior year10.72% → 12.12%
- More efficientAsset turnover rose0.10 → 0.11