I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q4, the actual value is USD 12.46 M.
EPS: As of FY2025 Q4, the actual value is USD -0.38.
EBIT: As of FY2025 Q4, the actual value is USD -13.22 M.
Fourth Quarter 2025 Financial Summary
Revenue
- Sales increased 24% to $12.5 million in the fourth quarter of 2025, compared to $10.1 million in the prior year period, driven by increased production and sales from facilities in Georgia, Texas, and Washington .
Gross Profit
- Gross profit increased 182% to $1.5 million in the fourth quarter of 2025, compared to $0.5 million in the prior year period .
- Adjusted gross margin percentage increased approximately 400 basis points to 29%, compared to 25% in 2024 .
Operating Costs
- General and administrative expenses decreased by $1.0 million to $7.1 million in the fourth quarter of 2025, compared to $8.1 million in the prior year period, primarily due to general cost savings measures .
- Adjusted general and administrative expense decreased 18% to $4.3 million, compared to $5.3 million in the prior year period .
- Local Bounti Corporation reduced its annualized expenses by approximately $1.5 million (including operating expenses and cost of goods sold) during the fourth quarter of 2025 .
Net Income
- Net loss decreased to -$8.7 million in the fourth quarter of 2025, compared to a net loss of -$36.3 million for the prior year period, mainly due to a $14.3 million reduction in net interest expense from debt restructuring .
Adjusted EBITDA
- Adjusted EBITDA loss improved 38% to -$5.8 million, compared to a loss of -$9.3 million in the prior year period .
Full Year 2025 Financial Summary
Revenue
- Sales increased 27% to $48.4 million in 2025, compared to $38.1 million in 2024, driven by increased production and sales from facilities in Georgia, Texas, and Washington .
Gross Profit
- Gross profit increased 43% to $5.9 million in 2025, compared to $4.1 million in 2024 .
- Adjusted gross margin percentage increased approximately 200 basis points to 29%, compared to 27% in 2024 .
Operating Costs
- General and administrative expenses increased by $0.9 million to $33.8 million in 2025, compared to $32.9 million in 2024, primarily due to a -$3.7 million intangible impairment related to the ‘Pete’s’ trade name .
- Adjusted general and administrative expense decreased 9% to $18.5 million, compared to $20.3 million in the prior year period .
- Local Bounti Corporation reduced its annualized expenses by nearly $10 million (including operating expenses and cost of goods sold) during 2025 .
Net Income
- Net loss decreased 21% to -$94.4 million in 2025, compared to a net loss of -$119.9 million for the prior year period, primarily due to a $26.8 million reduction in net interest expense from debt restructuring .
Adjusted EBITDA
- Adjusted EBITDA loss improved 12% to -$28.3 million, compared to a loss of -$32.1 million in the prior year period .
Operational Metrics
Product Development
- The family-sized 10-ounce Romano Caesar Salad Kit saw a 75% increase in its baseline velocity during the fourth quarter .
- The Arugula offering was successfully launched at the Pasco, WA and Mount Pleasant, TX facilities in early 2025 .
Distribution
- Local Bounti Corporation currently services approximately 13,000 retail doors .
- The Company expanded its retail presence in select southern markets with a new national retailer in Q4 2025 and secured two additional accounts in Q1 2026 .
- Quarterly sales to a major e-commerce and DTC customer accelerated by over 600% during 2025 .
Commercial Facilities
- Tower upgrades were completed in Q4 2025, enhancing production efficiency and increasing run-rate yield capacity by approximately 10% .
- Investments in California facilities are expected to improve yields by as much as 20% .
Intellectual Property
- In February 2026, Local Bounti Corporation was issued U.S. Patent No. 12,557,741 for “Optimizing Growing Process in a Hybrid Growing Environment Using Computer Vision and Artificial Intelligence,” strengthening its Stack & Flow Technology® platform .
Capital Structure
- Cash and cash equivalents and restricted cash totaled $10.7 million as of December 31, 2025 .
- In March 2026, Local Bounti Corporation received a $15 million investment from an existing strategic investor .
- During 2025, Local Bounti Corporation restructured its senior credit facility, resulting in a new 10-year term with no cash interest or principal payments until April 2027, and the cancellation of approximately $197 million of debt principal and accrued interest .
Cash Flow
- The provided reference does not contain specific data for operating cash flow or free cash flow .
Outlook / Guidance
- Local Bounti Corporation anticipates continued sequential improvements in revenue and adjusted EBITDA loss rate throughout 2026, driven by ongoing sales growth, cost reduction initiatives, and the ramp-up of its facilities network . Achieving positive adjusted EBITDA remains a key priority, and management believes the financial performance trajectory demonstrated in 2025 positions the Company to reach this objective .