Quick Answer
Local Bounti Corporation/DE reported R&D Expense of $25.57 million for fiscal year 2025.
Local Bounti Corporation/DE R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $25.57M | +14.8% |
| 2024 | $22.29M | +38.5% |
| 2023 | $16.09M | +14.4% |
| 2022 | $14.06M | +310.5% |
| 2021 | $3.42M | +217.4% |
| 2020 | $1.08M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $6.68M | -5.9% | +3.0% |
| June 30, 2025 | $6.49M | +43.5% | -7.1% |
| March 31, 2025 | $6.98M | +100.1% | -1.7% |
| September 30, 2024 | $7.10M | +41.9% | +57.0% |
| June 30, 2024 | $4.52M | +28.2% | +29.6% |
| March 31, 2024 | $3.49M | -2.5% | -30.3% |
| September 30, 2023 | $5.00M | +65.7% | +41.8% |
| June 30, 2023 | $3.53M | +14.7% | -1.4% |
- Local Bounti Corporation/DE showed an increase of +14.8% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, Local Bounti Corporation/DE’s r&d expense has grown by 2270.3% (from $1.08 million to $25.57 million).
- The most recent figure is from Local Bounti Corporation/DE’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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