6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 258.2% per year over the past 5 years.
Operating margin has expanded, at -129.5% in the latest year.
Financial health
Total debt ($483M) exceeds cash ($4M); net debt is $479M.
Total debt has grown faster than revenue (400.4% vs 258.2% per year).
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$48M
-$94M
12.1%
-129.5%
-$42M
$483M
$4M
2024
$38M
-$120M
10.7%
-154.6%
-$110M
$457M
$937000
2023
$28M
-$124M
8.0%
-424.2%
-$195M
$278M
$10M
2022
$19M
-$111M
11.4%
-485.4%
-$105M
$120M
$14M
2021
$638000
-$56M
32.3%
-7008.9%
-$50M
$11M
$97M
2020
$82000
-$8M
-11.0%
-9661.0%
-$7M
$154000
$45000
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$13M
-$13M
11.5%
-104.5%
-$7M
$491M
$12M
Dec '25
$12M
-$9M
12.2%
-106.1%
-$3M
$483M
$4M
Sep '25
$12M
-$26M
11.5%
-149.4%
-$10M
$485M
$6M
Jun '25
$12M
-$22M
12.2%
-127.7%
-$15M
$478M
$5M
Mar '25
$12M
-$38M
12.6%
-135.6%
-$15M
$480M
$18M
Dec '24
$10M
-$36M
5.4%
-166.6%
-$9M
$457M
$937000
Sep '24
$10M
-$34M
13.8%
-176.0%
-$30M
$412M
$317000
Jun '24
$9M
-$25M
14.3%
-146.8%
-$29M
$381M
$10M
Mar '24
$8M
-$24M
9.4%
-122.9%
-$42M
$330M
$8M
Dec '23
$7M
-$66M
9.9%
-863.0%
-$52M
$278M
$10M
Sep '23
$7M
-$24M
5.9%
-279.0%
-$51M
$217M
$12M
Jun '23
$7M
-$11M
11.9%
-269.8%
-$52M
$179M
$34M
Mar '23
$7M
-$24M
4.2%
-287.8%
-$41M
$122M
$7M
Dec '22
$7M
-$27M
13.8%
-333.7%
-$27M
$120M
$14M
Sep '22
$6M
-$27M
20.2%
-349.8%
-$26M
$114M
$4M
Jun '22
$6M
-$32M
-0.2%
-418.3%
-$27M
$105M
$23M
Mar '22
$282000
-$26M
17.0%
-8567.0%
-$25M
$11M
$72M
Dec '21
$314000
-$28M
51.9%
-8491.1%
-$20M
$11M
$97M
Sep '21
$159000
-$11M
2.5%
-3574.2%
-$14M
—
$10M
Jun '21
$108000
-$8M
25.0%
-3387.0%
-$12M
—
$23M
Valuation over time
How the market has priced LOCL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 0.9× (Mar '23) to 0.6× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is LOCL growing its revenue and profit?
Over the past 5 years, Local Bounti Corporation/DE's revenue has grown 258.2% per year. These are computed facts, not advice.
How much debt does LOCL have?
As of FY2025, Local Bounti Corporation/DE reported $483M of total debt against $4M of cash.
What is LOCL's profit margin?
In FY2025, gross margin was 12.1%, operating margin -129.5%, and net margin -195.1%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.