Local Bounti annual r&d spending
2020
2021
2022
2023
2024
2025
Local Bounti R&D Spending Growth & History (LOCL)
Local Bounti's r&d spending was $25.6M for fiscal 2025.
View full Local Bounti company overviewLocal Bounti annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $25.6M | $3.3M | +14.75% |
| 2024 | 2024-12-31 | $22.3M | $6.2M | +38.55% |
| 2023 | 2023-12-31 | $16.1M | $2.0M | +14.42% |
| 2022 | 2022-12-31 | $14.1M | $10.6M | +310.48% |
| 2021 | 2021-12-31 | $3.4M | $2.3M | +217.42% |
| 2020 | 2020-12-31 | $1.1M | — | — |
Local Bounti quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.6M | −$1.9M | −29.42% |
| Q1 2026 | 2026-03-31 | $5.7M | −$1.3M | −18.09% |
| Q4 2025 | 2025-12-31 | $5.4M | −$1.7M | −24.34% |
| Q3 2025 | 2025-09-30 | $6.7M | −$419,000 | −5.90% |
| Q2 2025 | 2025-06-30 | $6.5M | $2.0M | +43.51% |
| Q1 2025 | 2025-03-31 | $7.0M | $3.5M | +100.09% |
| Q4 2024 | 2024-12-31 | $7.2M | $3.2M | +80.39% |
| Q3 2024 | 2024-09-30 | $7.1M | $2.1M | +41.89% |
| Q2 2024 | 2024-06-30 | $4.5M | $993,000 | +28.16% |
| Q1 2024 | 2024-03-31 | $3.5M | −$89,000 | −2.49% |
| Q4 2023 | 2023-12-31 | $4.0M | −$2.0M | −33.83% |
| Q3 2023 | 2023-09-30 | $5.0M | $2.0M | +65.65% |
| Q2 2023 | 2023-06-30 | $3.5M | $453,000 | +14.74% |
| Q1 2023 | 2023-03-31 | $3.6M | $1.6M | +83.57% |
| Q4 2022 | 2022-12-31 | $6.0M | $5.2M | +606.46% |
| Q3 2022 | 2022-09-30 | $3.0M | $1.6M | +112.91% |
| Q2 2022 | 2022-06-30 | $3.1M | $2.4M | +325.03% |
| Q1 2022 | 2022-03-31 | $1.9M | $1.5M | +350.93% |
| Q4 2021 | 2021-12-31 | $852,000 | — | — |
| Q3 2021 | 2021-09-30 | $1.4M | — | — |
| Q2 2021 | 2021-06-30 | $723,000 | — | — |
| Q1 2021 | 2021-03-31 | $432,000 | — | — |
Local Bounti r&d spending trends
Over the last five fiscal years, Local Bounti's r&d spending increased from $1.1M to $25.6M, a change of $24.5M. The latest reported quarter, Q2 2026, shows $4.6M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Local Bounti source filings ↗