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Local Bounti Corporation reports developments in U.S. indoor agriculture, including controlled environment growing, retail distribution and facility operations. The company grows leafy greens, living lettuce, herbs and related produce using its patented Stack & Flow Technology in advanced indoor growing facilities across the United States.
Recurring news for LOCL includes quarterly and annual financial results, product and channel updates, retail and distributor relationships, financing transactions, capacity planning and NYSE listing-compliance matters. Company updates also describe its hybrid growing approach, operating efficiency initiatives and the use of controlled environment agriculture to supply fresh produce to grocery, foodservice and home-delivery channels.
Local Bounti (NYSE: LOCL) was named to the TIME World's Growth Leaders 2026 list, and is the only Controlled Environment Agriculture (CEA) honoree. The recognition highlights five-year revenue growth, financial stability, and stock performance, supported by patented technology, expanding retail partnerships, and double-digit revenue growth.
Local Bounti (NYSE: LOCL) reported first quarter 2026 sales of $13.3 million, up 15% year-over-year, with gross profit of $1.5 million and net loss reduced to $12.7 million. Adjusted EBITDA loss improved 35% to $5.7 million and adjusted G&A fell 30% to $4.1 million.
The company services about 13,000 retail doors, added two new retail accounts including a 250+ store rollout, and secured supply commitments with national retailers through Q1 2027. It ended the quarter with $18.8 million in cash and received a $15 million strategic investment.
Local Bounti reported tower upgrades delivering roughly 10% yield capacity gains, is targeting further yield improvements in California, and was granted a U.S. patent for AI-driven growing optimization that supports its Stack & Flow Technology® platform.
Local Bounti (NYSE: LOCL) will release fiscal first quarter 2026 results for the period ended March 31, 2026, before market open on Wednesday, May 13, 2026.
A conference call begins at 8:00 a.m. ET on May 13, 2026; live webcast and archived replay will be available in the company Investors section at localbounti.com. Telephonic playback available through May 27, 2026 (passcode 13760159).
Local Bounti (NYSE: LOCL) will participate in the BMO Global Farm to Market Conference on May 13–14, 2026. Kathleen Valiasek, President & CEO, and members of management will host investor meetings both days. Investors should contact their BMO representative to schedule meetings.
Local Bounti (NYSE: LOCL) reported fourth-quarter and full-year 2025 results, with full-year sales up 27% to $48.4M and fourth-quarter sales up 24% to $12.5M. Gross profit rose to $5.9M for 2025 and adjusted gross margin improved to 29%. Net loss narrowed to $94.4M for 2025; adjusted EBITDA loss improved to $28.3M. The company ended 2025 with $10.7M cash and announced a subsequent $15M strategic investment in March 2026. Local Bounti received a U.S. patent for its AI-driven growing optimization technology and expanded retail distribution to ~13,000 doors.
Local Bounti (NYSE: LOCL) will release full year 2025 financial results before market open on Wednesday, March 25, 2026. The company will hold a live conference call at 8:00 a.m. ET the same day to discuss results and business updates.
The call will be broadcast via webcast on the company's Investors website and will be archived; telephonic playback is available through April 8, 2026 with passcode 13757430.
Local Bounti (NYSE: LOCL) secured $15 million through a convertible note from an existing strategic investor on March 17, 2026. The company said this capital provides financial flexibility to invest in operations and support its growth strategy. Terms are disclosed in a Form 8-K filed March 16, 2026.
Local Bounti (NYSE: LOCL) received a notice from the New York Stock Exchange on Feb 5, 2026 that it is not in compliance with Section 802.01B (Minimum Market Capitalization Standard).
The company reported its 30-day average global market capitalization was below $50 million and its stockholders' equity was below $50 million. Local Bounti intends to submit a plan within 45 days and has nine months to regain compliance; the stock will continue trading during the cure period. The company said it is considering all options but cannot assure reinstatement.
Local Bounti (NYSE: LOCL) reported third quarter 2025 results on Nov 12, 2025, with Q3 sales of $12.2M, up 19% year‑over‑year and gross profit of $1.4M. Adjusted gross margin was ~29% (ex‑depreciation and stock comp). The company cut year‑to‑date annualized expenses by nearly $8M and reduced adjusted G&A to $4.1M (‑26% YoY adjusted). Adjusted EBITDA loss improved to a $7.2M loss versus $8.4M prior year.
Operationally, Texas facility reconfiguration and automated harvester are live, Texas is sold out on a run‑rate basis, labor productivity rose ~19%, and direct labor cost per pound fell ~17%. Management expects >10% yield increases after Q4 2025 optimization and targets an early 2026 positive adjusted EBITDA.
Local Bounti (NYSE: LOCL) will release third quarter 2025 financial results for the fiscal quarter ended September 30, 2025 before the market opens on Wednesday, November 12, 2025.
The company will host a conference call with executive management at 8:00 a.m. ET on November 12, 2025. North American dial-in is (877) 514-3623 and international dial-in is +1 (201) 689-8768. The call will be webcast on the Investors section at localbounti.com and archived online.
A telephonic playback will be available through November 19, 2025 using North American playback (877) 660-6853, international (201) 612-7415 and passcode 13756210.