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Side-by-side financial comparison of Falcon's Beyond Global, Inc. (FBYD) and Local Bounti Corporation (LOCL). Click either name above to swap in a different company.
Local Bounti Corporation is the larger business by last-quarter revenue ($12.5M vs $6.6M, roughly 1.9× Falcon's Beyond Global, Inc.). Falcon's Beyond Global, Inc. runs the higher net margin — -4.5% vs -69.8%, a 65.3% gap on every dollar of revenue. On growth, Falcon's Beyond Global, Inc. posted the faster year-over-year revenue change (383.5% vs 23.7%). Local Bounti Corporation produced more free cash flow last quarter ($-3.6M vs $-4.3M). Over the past eight quarters, Falcon's Beyond Global, Inc.'s revenue compounded faster (108.4% CAGR vs 21.9%).
500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.
Local Bounti Corporation is a U.S.-based sustainable indoor agriculture firm growing fresh, pesticide-free leafy greens, herbs and produce via advanced hydroponic and vertical farming tech. It serves North American retail and food service partners, focusing on low environmental impact and stable year-round supply.
FBYD vs LOCL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.6M | $12.5M |
| Net Profit | $-296.0K | $-8.7M |
| Gross Margin | — | 12.2% |
| Operating Margin | -30.9% | -106.1% |
| Net Margin | -4.5% | -69.8% |
| Revenue YoY | 383.5% | 23.7% |
| Net Profit YoY | 97.5% | 76.0% |
| EPS (diluted) | $-0.01 | $1.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $6.6M | $12.5M | ||
| Q3 25 | $4.1M | $12.2M | ||
| Q2 25 | $2.5M | $12.1M | ||
| Q1 25 | $1.7M | $11.6M | ||
| Q4 24 | $1.4M | $10.1M | ||
| Q3 24 | $2.1M | $10.2M | ||
| Q2 24 | $1.8M | $9.4M | ||
| Q1 24 | $1.5M | $8.4M |
| Q4 25 | $-296.0K | $-8.7M | ||
| Q3 25 | $-10.4M | $-26.4M | ||
| Q2 25 | $25.1M | $-21.6M | ||
| Q1 25 | $-8.1M | $-37.7M | ||
| Q4 24 | $-11.9M | $-36.3M | ||
| Q3 24 | $39.3M | $-34.3M | ||
| Q2 24 | $8.0M | $-25.3M | ||
| Q1 24 | $114.0M | $-24.1M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 11.5% | ||
| Q2 25 | — | 12.2% | ||
| Q1 25 | — | 12.6% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | — | 13.8% | ||
| Q2 24 | — | 14.3% | ||
| Q1 24 | — | 9.4% |
| Q4 25 | -30.9% | -106.1% | ||
| Q3 25 | -90.9% | -149.4% | ||
| Q2 25 | -53.0% | -127.7% | ||
| Q1 25 | -371.1% | -135.6% | ||
| Q4 24 | -335.6% | -166.6% | ||
| Q3 24 | -118.9% | -176.0% | ||
| Q2 24 | -195.9% | -146.8% | ||
| Q1 24 | -350.5% | -122.9% |
| Q4 25 | -4.5% | -69.8% | ||
| Q3 25 | -256.8% | -216.6% | ||
| Q2 25 | 985.2% | -178.3% | ||
| Q1 25 | -473.8% | -324.6% | ||
| Q4 24 | -871.7% | -360.1% | ||
| Q3 24 | 1899.5% | -335.2% | ||
| Q2 24 | 446.5% | -267.6% | ||
| Q1 24 | 7521.4% | -286.9% |
| Q4 25 | $-0.01 | $1.52 | ||
| Q3 25 | $-0.13 | $-1.18 | ||
| Q2 25 | $0.30 | $-1.63 | ||
| Q1 25 | $-0.13 | $-4.32 | ||
| Q4 24 | $-0.25 | $-4.24 | ||
| Q3 24 | $0.39 | $-4.01 | ||
| Q2 24 | $0.00 | $-3.00 | ||
| Q1 24 | $1.27 | $-2.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9M | $4.2M |
| Total DebtLower is stronger | $15.6M | $483.1M |
| Stockholders' EquityBook value | $11.9M | $-166.2M |
| Total Assets | $66.7M | $410.5M |
| Debt / EquityLower = less leverage | 1.31× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9M | $4.2M | ||
| Q3 25 | $4.3M | $6.2M | ||
| Q2 25 | $26.1M | $5.3M | ||
| Q1 25 | $1.1M | $18.0M | ||
| Q4 24 | $825.0K | $937.0K | ||
| Q3 24 | $828.0K | $317.0K | ||
| Q2 24 | $1.7M | $9.7M | ||
| Q1 24 | $1.1M | $8.2M |
| Q4 25 | $15.6M | $483.1M | ||
| Q3 25 | — | $484.9M | ||
| Q2 25 | — | $478.3M | ||
| Q1 25 | — | $480.0M | ||
| Q4 24 | $41.2M | $436.8M | ||
| Q3 24 | $10.3M | $398.4M | ||
| Q2 24 | $15.7M | $374.0M | ||
| Q1 24 | $15.1M | $329.8M |
| Q4 25 | $11.9M | $-166.2M | ||
| Q3 25 | $9.2M | $-158.1M | ||
| Q2 25 | $414.0K | $-132.7M | ||
| Q1 25 | $-11.6M | $-134.5M | ||
| Q4 24 | $-9.0M | $-100.5M | ||
| Q3 24 | $-1.4M | $-65.6M | ||
| Q2 24 | $-44.7M | $-32.8M | ||
| Q1 24 | $-61.7M | $-9.4M |
| Q4 25 | $66.7M | $410.5M | ||
| Q3 25 | $66.8M | $417.8M | ||
| Q2 25 | $89.2M | $426.8M | ||
| Q1 25 | $56.7M | $447.2M | ||
| Q4 24 | $61.2M | $428.0M | ||
| Q3 24 | $66.5M | $430.8M | ||
| Q2 24 | $65.9M | $438.1M | ||
| Q1 24 | $67.8M | $413.4M |
| Q4 25 | 1.31× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-4.3M | $-3.1M |
| Free Cash FlowOCF − Capex | $-4.3M | $-3.6M |
| FCF MarginFCF / Revenue | -66.0% | -29.1% |
| Capex IntensityCapex / Revenue | 0.3% | 3.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-42.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.3M | $-3.1M | ||
| Q3 25 | $-13.3M | $-8.9M | ||
| Q2 25 | $-7.9M | $-8.7M | ||
| Q1 25 | $945.0K | $-9.6M | ||
| Q4 24 | $-3.8M | $1.2M | ||
| Q3 24 | $-2.4M | $-17.2M | ||
| Q2 24 | $-2.6M | $-4.0M | ||
| Q1 24 | $-3.8M | $-7.1M |
| Q4 25 | $-4.3M | $-3.6M | ||
| Q3 25 | $-13.4M | $-10.1M | ||
| Q2 25 | — | $-14.6M | ||
| Q1 25 | $853.0K | $-14.5M | ||
| Q4 24 | $-3.8M | $-8.6M | ||
| Q3 24 | $-2.4M | $-30.0M | ||
| Q2 24 | $-2.6M | $-28.8M | ||
| Q1 24 | $-3.8M | $-42.1M |
| Q4 25 | -66.0% | -29.1% | ||
| Q3 25 | -329.6% | -82.8% | ||
| Q2 25 | — | -121.0% | ||
| Q1 25 | 49.9% | -125.1% | ||
| Q4 24 | -278.7% | -85.3% | ||
| Q3 24 | -114.9% | -293.1% | ||
| Q2 24 | -145.6% | -305.4% | ||
| Q1 24 | -248.8% | -501.8% |
| Q4 25 | 0.3% | 3.9% | ||
| Q3 25 | 1.0% | 9.7% | ||
| Q2 25 | 0.0% | 48.9% | ||
| Q1 25 | 5.4% | 42.8% | ||
| Q4 24 | 0.1% | 97.6% | ||
| Q3 24 | 0.2% | 125.0% | ||
| Q2 24 | 0.1% | 263.0% | ||
| Q1 24 | 0.3% | 417.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.06× | — | ||
| Q2 24 | -0.33× | — | ||
| Q1 24 | -0.03× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
