Local Bounti Q2 revenue up 14% to $13.9M; net loss narrows to $19.8M

Local Bounti Corporation/DE

Q2 2026 sales $13.9M, +14% YoY (vs $12.1M) and +4% sequentially from $13.3M in Q1.
Net loss improved to $19.8M from $21.6M YoY; adjusted EBITDA loss narrowed 17% to $5.8M (vs $7.1M).
Received additional $12.5M investment from existing strategic investor via convertible note and warrant post-quarter-end.
Cash and restricted cash $10.1M at June 30, 2026; ~13,000 retail doors served.
Added five new/expanded retail partnerships in past two quarters; Single Serve Salad Kit pilot in ~400 stores fall 2026.

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