Filing Flows › Local Bounti (LOCL) › Q3 2025
Local Bounti (LOCL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Local Bounti (LOCL) reported revenue of $12.2M for the third quarter 2025 (Q3 2025), +19% from a year earlier and +0.8% from the quarter before. Operating margin was -149.4%, net loss $26.4M (216.6% of revenue).
Local Bounti, Q3 2025: revenue $12.2M (+19% year over year), operating margin -149.4%, net loss $26.4M, operating cash flow −$8.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.2M | +0.8% | +19% |
| Operating profit | −$18.2M | — | — |
| Net earnings | −$26.4M | — | — |
| Operating cash flow | −$8.9M | — | — |
What changed
Revenue was $12.2M in Q3 2025, up 19% year over year and up 1% from the previous quarter.
Gross margin was 11.5%, down 2.3 points from a year earlier. Operating costs exceeded revenue by $18.2M, an operating margin of -149.4%. Operating expenses grew 1% against revenue growth of 19%. The fastest-growing cost line was Sales & marketing (+23%). The quarter ended with a net loss of $26.4M, wider than the previous quarter's $21.6M loss.
Operating cash flow was −$8.9M. Non-cash charges added back $5.9M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $10.4M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$10.1M.
Questions
What was Local Bounti's revenue in the third quarter 2025?
Local Bounti (LOCL) reported revenue of $12.2M for the third quarter 2025 (Q3 2025), +19% from a year earlier and +0.8% from the quarter before.
Was Local Bounti profitable in the third quarter 2025?
Operating loss was $18.2M (-149.4% of revenue) and net loss $26.4M.
Source: Local Bounti 10-Q on SEC EDGAR.