Local Bounti Q2 revenue up 28% to $12.1M; adjusted EBITDA loss narrows to $6.5M; sees positive EBITDA in early 2026

Local Bounti Corporation/DE

2025-Q2 EPS reported -$5.40 revenue$23,708,000

Revenue $12.1M (+28% YoY); net loss $21.6M vs $25.3M prior year; adjusted EBITDA loss $6.5M, improved from $8.3M.
Achieved $7M in annualized expense reductions in H1 2025; targeting additional $2.5-3M in H2 2025.
Closed $10M convertible note and reduced credit facility principal by $10M after quarter end.
Texas facility reconfiguration completed; tower upgrades and seed cost reduction program ongoing.
Expects modest sequential sales growth in Q3, acceleration in Q4; positive adjusted EBITDA expected early 2026.

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