Local Bounti Reports 15% Revenue Growth in Q1 2026 and 35% Adjusted EBITDA Improvement as Network Reaches Full Utilisation
Local Bounti Corporation (NYSE: LOCL), a U.S. indoor agriculture company servicing approximately 13,000 retail doors, reported first-quarter 2026 financial results with sales up 15% year-over-year to $13.3 million and an Adjusted EBITDA loss that improved 35% to $5.7 million.