Local Bounti annual operating expenses
2020
2021
2022
2023
2024
2025
Local Bounti Operating Expenses Growth & History (LOCL)
Local Bounti's operating expenses was $68.5M for fiscal 2025.
View full Local Bounti company overviewLocal Bounti annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $68.5M | $5.4M | +8.61% |
| 2024 | 2024-12-31 | $63.1M | −$56.1M | −47.07% |
| 2023 | 2023-12-31 | $119.1M | $22.4M | +23.14% |
| 2022 | 2022-12-31 | $96.7M | $51.8M | +115.35% |
| 2021 | 2021-12-31 | $44.9M | $37.0M | +467.71% |
| 2020 | 2020-12-31 | $7.9M | — | — |
Local Bounti quarterly operating expenses
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $15.0M | −$1.9M | −11.39% |
| Q1 2026 | 2026-03-31 | $15.5M | −$1.7M | −10.04% |
| Q4 2025 | 2025-12-31 | $14.7M | −$2.6M | −14.85% |
| Q3 2025 | 2025-09-30 | $19.6M | $183,000 | +0.94% |
| Q2 2025 | 2025-06-30 | $16.9M | $1.7M | +11.22% |
| Q1 2025 | 2025-03-31 | $17.2M | $6.1M | +55.12% |
| Q4 2024 | 2024-12-31 | $17.3M | −$42.6M | −71.11% |
| Q3 2024 | 2024-09-30 | $19.4M | $37,000 | +0.19% |
| Q2 2024 | 2024-06-30 | $15.2M | −$5.0M | −24.79% |
| Q1 2024 | 2024-03-31 | $11.1M | −$8.5M | −43.32% |
| Q4 2023 | 2023-12-31 | $59.9M | $36.9M | +159.87% |
| Q3 2023 | 2023-09-30 | $19.4M | −$3.9M | −16.56% |
| Q2 2023 | 2023-06-30 | $20.2M | −$6.0M | −22.83% |
| Q1 2023 | 2023-03-31 | $19.6M | −$4.7M | −19.21% |
| Q4 2022 | 2022-12-31 | $23.1M | −$3.8M | −14.03% |
| Q3 2022 | 2022-09-30 | $23.3M | $17.6M | +308.97% |
| Q2 2022 | 2022-06-30 | $26.2M | $22.5M | +611.37% |
| Q1 2022 | 2022-03-31 | $24.2M | $15.5M | +177.41% |
| Q4 2021 | 2021-12-31 | $26.8M | — | — |
| Q3 2021 | 2021-09-30 | $5.7M | — | — |
| Q2 2021 | 2021-06-30 | $3.7M | — | — |
| Q1 2021 | 2021-03-31 | $8.7M | — | — |
Local Bounti operating expenses trends
Over the last five fiscal years, Local Bounti's operating expenses increased from $7.9M to $68.5M, a change of $60.6M. The latest reported quarter, Q2 2026, shows $15.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Local Bounti source filings ↗