Filing Flows › Local Bounti (LOCL) › Q2 2025
Local Bounti (LOCL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Local Bounti (LOCL) reported revenue of $12.1M for the second quarter 2025 (Q2 2025), +28% from a year earlier and +4% from the quarter before. Operating margin was -127.7%, net loss $21.6M (178.3% of revenue).
Local Bounti, Q2 2025: revenue $12.1M (+28% year over year), operating margin -127.7%, net loss $21.6M, operating cash flow −$8.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.1M | +4% | +28% |
| Operating profit | −$15.4M | — | — |
| Net earnings | −$21.6M | — | — |
| Operating cash flow | −$8.7M | — | — |
What changed
Revenue was $12.1M in Q2 2025, up 28% year over year and up 4% from the previous quarter.
Gross margin was 12.2%, down 2.1 points from a year earlier. Operating costs exceeded revenue by $15.4M, an operating margin of -127.7%. Operating expenses grew 11% against revenue growth of 28%. The fastest-growing cost line was Research & development (+44%). The quarter ended with a net loss of $21.6M, narrower than the previous quarter's $37.7M loss.
Operating cash flow was −$8.7M. Non-cash charges added back $5.9M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $4.7M. Capital expenditures of $5.9M exceeded it, leaving free cash flow of −$14.6M.
Questions
What was Local Bounti's revenue in the second quarter 2025?
Local Bounti (LOCL) reported revenue of $12.1M for the second quarter 2025 (Q2 2025), +28% from a year earlier and +4% from the quarter before.
Was Local Bounti profitable in the second quarter 2025?
Operating loss was $15.4M (-127.7% of revenue) and net loss $21.6M.
Source: Local Bounti 10-Q on SEC EDGAR.