Key Takeaways:
- Local Bounti reported full-year 2025 sales of $48.4 million, a 27% increase year-over-year
- Gross profit rose 43% to $5.9 million, with adjusted gross margin improving to 29%
- Net loss narrowed 21% to $94.4 million, driven by a $26.8 million reduction in net interest expense
- The company secured a $15 million investment from an existing strategic investor in March 2026
- Two new retail accounts were added in Q1 2026, including a premier retailer covering more than 250 stores
Local Bounti Posts Strong 2025 Results Amid Growing Retailer Demand for CEA
Indoor agriculture company Local Bounti Corporation (NYSE: LOCL) has reported its financial results for the fourth quarter and full year ended December 31, 2025, citing sales growth, improved margins, and expanding retail partnerships.
Local Bounti Full-Year 2025 Financial Performance
Local Bounti recorded full-year sales of $48.4 million, up 27% from $38.1 million in 2024. Gross profit grew 43% to $5.9 million, while adjusted gross margin improved approximately 200 basis points to 29%. The company also reduced its annualized operating expenses by nearly $10 million during the year.
Net loss for the full year narrowed 21% to $94.4 million, compared to $119.9 million in 2024. The improvement was primarily attributed to a $26.8 million reduction in net interest expense following debt restructuring activities completed in the first quarter of 2025. Adjusted EBITDA loss improved 12% to $28.3 million, down from $32.1 million in the prior year.
