May. 13 at 11:52 AM
$LOCL Q1 '26 Earnings Results & Recap
• Reported GAAP EPS of -
$0.53 up 87.73% YoY
• Reported revenue of
$13.34M up 14.92% YoY
• Local Bounti expects continued sequential improvements in revenue and adjusted EBITDA loss rate in 2026, driven by ongoing sales growth, cost reduction initiatives, and the ramp of its facilities network.