vs

Side-by-side financial comparison of Limoneira CO (LMNR) and Local Bounti Corporation (LOCL). Click either name above to swap in a different company.

Limoneira CO is the larger business by last-quarter revenue ($41.3M vs $12.5M, roughly 3.3× Local Bounti Corporation). Limoneira CO runs the higher net margin — -21.0% vs -69.8%, a 48.8% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs -2.8%). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% CAGR vs 3.8%).

Limoneira Company is a leading agribusiness headquartered in California, the U.S. It primarily cultivates, processes and distributes premium citrus fruits, avocados and other specialty agricultural products. It operates across North American, Asian and European markets, serving retail and food service clients, alongside a sustainable land real estate development segment.

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.

LMNR vs LOCL — Head-to-Head

Bigger by revenue
LMNR
LMNR
3.3× larger
LMNR
$41.3M
$12.5M
LOCL
Growing faster (revenue YoY)
LOCL
LOCL
+26.5% gap
LOCL
23.7%
-2.8%
LMNR
Higher net margin
LMNR
LMNR
48.8% more per $
LMNR
-21.0%
-69.8%
LOCL
Faster 2-yr revenue CAGR
LOCL
LOCL
Annualised
LOCL
21.9%
3.8%
LMNR

Income Statement — Q4 2025 vs Q4 2025

Metric
LMNR
LMNR
LOCL
LOCL
Revenue
$41.3M
$12.5M
Net Profit
$-8.7M
$-8.7M
Gross Margin
-15.1%
12.2%
Operating Margin
-26.8%
-106.1%
Net Margin
-21.0%
-69.8%
Revenue YoY
-2.8%
23.7%
Net Profit YoY
-367.5%
76.0%
EPS (diluted)
$-0.49
$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.

Revenue
LMNR
LMNR
LOCL
LOCL
Q4 25
$41.3M
$12.5M
Q3 25
$45.9M
$12.2M
Q2 25
$33.6M
$12.1M
Q1 25
$32.9M
$11.6M
Q4 24
$42.5M
$10.1M
Q3 24
$61.8M
$10.2M
Q2 24
$43.3M
$9.4M
Q1 24
$38.3M
$8.4M
Net Profit
LMNR
LMNR
LOCL
LOCL
Q4 25
$-8.7M
$-8.7M
Q3 25
$-855.0K
$-26.4M
Q2 25
$-3.4M
$-21.6M
Q1 25
$-3.1M
$-37.7M
Q4 24
$-1.9M
$-36.3M
Q3 24
$6.6M
$-34.3M
Q2 24
$6.6M
$-25.3M
Q1 24
$-3.6M
$-24.1M
Gross Margin
LMNR
LMNR
LOCL
LOCL
Q4 25
-15.1%
12.2%
Q3 25
8.5%
11.5%
Q2 25
5.6%
12.2%
Q1 25
-2.0%
12.6%
Q4 24
6.3%
5.4%
Q3 24
26.5%
13.8%
Q2 24
6.5%
14.3%
Q1 24
-2.0%
9.4%
Operating Margin
LMNR
LMNR
LOCL
LOCL
Q4 25
-26.8%
-106.1%
Q3 25
-1.4%
-149.4%
Q2 25
-10.0%
-127.7%
Q1 25
-16.3%
-135.6%
Q4 24
-6.5%
-166.6%
Q3 24
14.5%
-176.0%
Q2 24
-10.8%
-146.8%
Q1 24
-20.2%
-122.9%
Net Margin
LMNR
LMNR
LOCL
LOCL
Q4 25
-21.0%
-69.8%
Q3 25
-1.9%
-216.6%
Q2 25
-10.0%
-178.3%
Q1 25
-9.4%
-324.6%
Q4 24
-4.4%
-360.1%
Q3 24
10.7%
-335.2%
Q2 24
15.2%
-267.6%
Q1 24
-9.4%
-286.9%
EPS (diluted)
LMNR
LMNR
LOCL
LOCL
Q4 25
$-0.49
$1.52
Q3 25
$-0.06
$-1.18
Q2 25
$-0.20
$-1.63
Q1 25
$-0.18
$-4.32
Q4 24
$-0.09
$-4.24
Q3 24
$0.35
$-4.01
Q2 24
$0.35
$-3.00
Q1 24
$-0.21
$-2.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LMNR
LMNR
LOCL
LOCL
Cash + ST InvestmentsLiquidity on hand
$4.2M
Total DebtLower is stronger
$72.5M
$483.1M
Stockholders' EquityBook value
$180.0M
$-166.2M
Total Assets
$311.1M
$410.5M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LMNR
LMNR
LOCL
LOCL
Q4 25
$4.2M
Q3 25
$6.2M
Q2 25
$5.3M
Q1 25
$18.0M
Q4 24
$937.0K
Q3 24
$317.0K
Q2 24
$9.7M
Q1 24
$8.2M
Total Debt
LMNR
LMNR
LOCL
LOCL
Q4 25
$72.5M
$483.1M
Q3 25
$63.4M
$484.9M
Q2 25
$55.0M
$478.3M
Q1 25
$58.0M
$480.0M
Q4 24
$40.6M
$436.8M
Q3 24
$40.6M
$398.4M
Q2 24
$60.1M
$374.0M
Q1 24
$52.1M
$329.8M
Stockholders' Equity
LMNR
LMNR
LOCL
LOCL
Q4 25
$180.0M
$-166.2M
Q3 25
$180.3M
$-158.1M
Q2 25
$182.7M
$-132.7M
Q1 25
$186.5M
$-134.5M
Q4 24
$191.7M
$-100.5M
Q3 24
$194.9M
$-65.6M
Q2 24
$189.0M
$-32.8M
Q1 24
$184.2M
$-9.4M
Total Assets
LMNR
LMNR
LOCL
LOCL
Q4 25
$311.1M
$410.5M
Q3 25
$299.9M
$417.8M
Q2 25
$296.6M
$426.8M
Q1 25
$301.4M
$447.2M
Q4 24
$298.8M
$428.0M
Q3 24
$307.3M
$430.8M
Q2 24
$322.2M
$438.1M
Q1 24
$299.6M
$413.4M
Debt / Equity
LMNR
LMNR
LOCL
LOCL
Q4 25
0.40×
Q3 25
0.35×
Q2 25
0.30×
Q1 25
0.31×
Q4 24
0.21×
Q3 24
0.21×
Q2 24
0.32×
Q1 24
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LMNR
LMNR
LOCL
LOCL
Operating Cash FlowLast quarter
$942.0K
$-3.1M
Free Cash FlowOCF − Capex
$-3.6M
FCF MarginFCF / Revenue
-29.1%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LMNR
LMNR
LOCL
LOCL
Q4 25
$942.0K
$-3.1M
Q3 25
$-3.0M
$-8.9M
Q2 25
$8.9M
$-8.7M
Q1 25
$-12.9M
$-9.6M
Q4 24
$6.6M
$1.2M
Q3 24
$24.6M
$-17.2M
Q2 24
$-3.0M
$-4.0M
Q1 24
$-10.3M
$-7.1M
Free Cash Flow
LMNR
LMNR
LOCL
LOCL
Q4 25
$-3.6M
Q3 25
$-10.1M
Q2 25
$-14.6M
Q1 25
$-14.5M
Q4 24
$-8.6M
Q3 24
$-30.0M
Q2 24
$-28.8M
Q1 24
$-42.1M
FCF Margin
LMNR
LMNR
LOCL
LOCL
Q4 25
-29.1%
Q3 25
-82.8%
Q2 25
-121.0%
Q1 25
-125.1%
Q4 24
-85.3%
Q3 24
-293.1%
Q2 24
-305.4%
Q1 24
-501.8%
Capex Intensity
LMNR
LMNR
LOCL
LOCL
Q4 25
3.9%
Q3 25
9.7%
Q2 25
48.9%
Q1 25
42.8%
Q4 24
97.6%
Q3 24
125.0%
Q2 24
263.0%
Q1 24
417.3%
Cash Conversion
LMNR
LMNR
LOCL
LOCL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
3.73×
Q2 24
-0.46×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LMNR
LMNR

Lemon Packing$33.9M82%
Other Agribusiness$5.8M14%
Fresh Lemons$1.3M3%

LOCL
LOCL

Segment breakdown not available.

Related Comparisons