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Local Bounti Corporation income statement

In fiscal 2025, Local Bounti Corporation reported revenue of $48.4m, up 26.8% on the year before, operating income of −$62.6m (a -129.5% margin) and net income of −$94.4m, or −$5.61 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue011928384852
Cost of revenue001725344346
Gross profit−0022466
Research and development131416222622
Selling, general and administrative741836541——
Selling and marketing—————910
General and administrative—————3433
Operating income−8−45−95−117−59−63−59
Net interest income−1−7−17−26———
Provision for credit losses0000−000
Income before tax−8−56—————
Income tax000000—
Net income−8−56−111−124−120−94−68
Diluted EPS−$1.10−$0.53−$8.29−$7.80−$7.07−$5.61—
Diluted shares (average)8m8m13m16m17m17m—
EBITDA−8−44−84−104−40−39−37

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Local Bounti Corporation's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Local Bounti Corporation.