Local Bounti Corporation/DE LOCLW

Q2 FY2026 · ended Jun 30, 2026 · Revenue $13.85M, +14.4% YoY · Filed Aug 12, 2026

Local Bounti Corporation/DE (LOCL) files with the SEC under industry code 0100, Agricultural Production-Crops. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $13.8 million and a net loss of $19.8 million. Free cash flow was -$8.4 million. As of Jun 30, 2026 it held $3.6 million in cash and investments and $489.7 million in total debt.

Revenue
$13.85M
+14.4% vs year-ago quarter
Net income
$-19.82M
+8.1% vs year-ago quarter
Operating cash flow
$-7.37M
+15.5% vs year-ago quarter
Free cash flow
$-8.42M
+42.5% vs year-ago quarter
EPS
$-0.68
+58.3% vs year-ago quarter
Dividend per share
None
Shares outstanding
23.38M
+5.7% vs year-ago quarter
Net cash
$-486.10M
Q2 FY2026
Operating margin
-114.4%
TTM

Company profile

Industry
Agricultural Production-Crops (SIC 0100)
Listed as
LOCL (NYSE), LOCLW (OTC)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Hamilton, MT
SEC filer status
Non-accelerated filer, Smaller reporting company, Emerging growth company
SEC CIK
1840780
Former names
Leo Holdings III Corp. (until Nov 22, 2021)

Other Agricultural Production-Crops companies

Key figures

Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.

Line
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Revenue
$13.8M
$13.3M
$12.5M
$12.2M
$12.1M
Operating income
-$13.9M
-$13.9M
-$13.2M
-$18.2M
-$15.4M
Net income
-$19.8M
-$12.7M
-$8.7M
-$26.4M
-$21.6M
Diluted EPS
-$0.68
-$0.53
-$0.38
-$1.18
-$1.63
Operating cash flow
-$7.4M
-$6.1M
-$3.1M
-$8.9M
-$8.7M
Free cash flow
-$8.4M
-$7.2M
-$3.6M
-$10.1M
-$14.6M
Total assets
$402.7M
$414.2M
$410.5M
$417.8M
$426.8M
Total liabilities
$599.6M
$592.2M
$576.7M
$575.9M
$559.5M
Stockholders' equity
-$196.9M
-$178.0M
-$166.2M
-$158.1M
-$132.7M
Cash and investments
$3.6M
$12.3M
$4.2M
$6.2M
$5.3M
Total debt
$489.7M
$491.2M
$483.4M
$485.2M
$478.7M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
10-Q Quarterly report Aug 12, 2026 Jun 30, 2026
8-K Current report
Results of operations
Aug 12, 2026 Aug 12, 2026
8-K Current report
Material agreement, New debt, Unregistered share sale
Aug 7, 2026 Aug 7, 2026
8-K Current report
Officer or director change
Jun 18, 2026 Jun 17, 2026
8-K Current report
Shareholder vote results
Jun 12, 2026 Jun 10, 2026
8-K Current report
Officer or director change
May 15, 2026 May 14, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.