---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-034375"
form_type: "8-K"
ticker: "LOCL"
cik: "0001840780"
company_name: "Local Bounti Corporation/DE"
filed_at: "2026-05-13T11:43:53+00:00"
generated_at: "2026-05-13T11:45:54.758039+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Local Bounti Q1 2026 revenue $13.3M (+15% YoY), net loss improves to $12.7M from $37.7M

## Summary
- Revenue $13.3M vs $11.6M prior year; gross profit stable at $1.5M; adjusted gross margin 29%.
- Net loss $12.7M vs $37.7M; adjusted EBITDA loss improved 35% to $5.7M.
- Received $15M investment from existing strategic investor in March 2026; ended quarter with $18.8M cash.
- Secured two new retail accounts including national rollout across 250+ stores; services ~13,000 doors.
- Issued U.S. patent for AI-driven growing optimization (Feb 2026); tower upgrades delivered ~10% yield increase.

## SEC filing metadata
- accession: 0001628280-26-034375
- form_type: 8-K
- ticker: LOCL
- cik: 0001840780
- company_name: Local Bounti Corporation/DE
- filed_at: 2026-05-13T11:43:53+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840780/000162828026034375/0001628280-26-034375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840780/000162828026034375/locl-20260513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-034375
- JSON: https://secwatch.observer/filing/0001628280-26-034375.json
- Plain text: https://secwatch.observer/filing/0001628280-26-034375.txt

## Key facts
- Earnings Releases
  Local Bounti Corporation/DE reported the three months ended March 31, 2026 results: revenue $11.6 million, net income $37.7 million.
  - Period: the three months ended March 31, 2026
  - Revenue: $11.6 million
  - Net income: $37.7 million
  - Result: reported results
  source text: great position to capture demand for efficient capacity as the industry continues its migration to CEA products.” First Quarter 2026 Financial Summary • Sales increased 15% to $13.3 million in the first quarter of 2026, as compared to $11.6 million in the prior year period. The increase was due to increased production and growth in sales from the facilities in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840780/000162828026034375/0001628280-26-034375-index.htm
- Earnings Releases
  Local Bounti Corporation/DE reported the three months ended March 31, 2026 results: revenue $11.6 million, net income $37.7 million.
  - Period: the three months ended March 31, 2026
  - Revenue: $11.6 million
  - Net income: $37.7 million
  - Result: reported results
  source text: the industry continues its migration to CEA products.” First Quarter 2026 Financial Summary • Sales increased 15% to $13.3 million in the first quarter of 2026, as compared to $11.6 million in the prior year period. The increase was due to increased production and growth in sales from the facilities in Georgia, Texas, and Washington. • Gross profit was stable versus
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840780/000162828026034375/0001628280-26-034375-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.