vs

Side-by-side financial comparison of Local Bounti Corporation (LOCL) and ROCKWELL MEDICAL, INC. (RMTI). Click either name above to swap in a different company.

ROCKWELL MEDICAL, INC. is the larger business by last-quarter revenue ($18.3M vs $12.5M, roughly 1.5× Local Bounti Corporation). ROCKWELL MEDICAL, INC. runs the higher net margin — -3.0% vs -69.8%, a 66.8% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs -25.6%). ROCKWELL MEDICAL, INC. produced more free cash flow last quarter ($2.2M vs $-3.6M). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% CAGR vs -10.1%).

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.

Rockwell Medical Inc. is a publicly traded pharmaceutical company based in Wixom, Michigan and founded in 1996 that focuses on development and commercialization of treatments against diseases such as end-stage renal disease (ESRD) and chronic kidney disease (CKD).

LOCL vs RMTI — Head-to-Head

Bigger by revenue
RMTI
RMTI
1.5× larger
RMTI
$18.3M
$12.5M
LOCL
Growing faster (revenue YoY)
LOCL
LOCL
+49.3% gap
LOCL
23.7%
-25.6%
RMTI
Higher net margin
RMTI
RMTI
66.8% more per $
RMTI
-3.0%
-69.8%
LOCL
More free cash flow
RMTI
RMTI
$5.8M more FCF
RMTI
$2.2M
$-3.6M
LOCL
Faster 2-yr revenue CAGR
LOCL
LOCL
Annualised
LOCL
21.9%
-10.1%
RMTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LOCL
LOCL
RMTI
RMTI
Revenue
$12.5M
$18.3M
Net Profit
$-8.7M
$-554.0K
Gross Margin
12.2%
21.1%
Operating Margin
-106.1%
-2.2%
Net Margin
-69.8%
-3.0%
Revenue YoY
23.7%
-25.6%
Net Profit YoY
76.0%
26.7%
EPS (diluted)
$1.52
$-0.01

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
LOCL
LOCL
RMTI
RMTI
Q4 25
$12.5M
$18.3M
Q3 25
$12.2M
$15.9M
Q2 25
$12.1M
$16.1M
Q1 25
$11.6M
$18.9M
Q4 24
$10.1M
$24.7M
Q3 24
$10.2M
$28.3M
Q2 24
$9.4M
$25.8M
Q1 24
$8.4M
$22.7M
Net Profit
LOCL
LOCL
RMTI
RMTI
Q4 25
$-8.7M
$-554.0K
Q3 25
$-26.4M
$-1.8M
Q2 25
$-21.6M
$-1.5M
Q1 25
$-37.7M
$-1.5M
Q4 24
$-36.3M
$-756.0K
Q3 24
$-34.3M
$1.7M
Q2 24
$-25.3M
$343.0K
Q1 24
$-24.1M
$-1.7M
Gross Margin
LOCL
LOCL
RMTI
RMTI
Q4 25
12.2%
21.1%
Q3 25
11.5%
14.3%
Q2 25
12.2%
15.6%
Q1 25
12.6%
16.1%
Q4 24
5.4%
14.7%
Q3 24
13.8%
22.0%
Q2 24
14.3%
17.6%
Q1 24
9.4%
13.5%
Operating Margin
LOCL
LOCL
RMTI
RMTI
Q4 25
-106.1%
-2.2%
Q3 25
-149.4%
-9.9%
Q2 25
-127.7%
-8.4%
Q1 25
-135.6%
-7.2%
Q4 24
-166.6%
-2.1%
Q3 24
-176.0%
6.8%
Q2 24
-146.8%
2.0%
Q1 24
-122.9%
-5.8%
Net Margin
LOCL
LOCL
RMTI
RMTI
Q4 25
-69.8%
-3.0%
Q3 25
-216.6%
-11.0%
Q2 25
-178.3%
-9.3%
Q1 25
-324.6%
-8.0%
Q4 24
-360.1%
-3.1%
Q3 24
-335.2%
5.9%
Q2 24
-267.6%
1.3%
Q1 24
-286.9%
-7.6%
EPS (diluted)
LOCL
LOCL
RMTI
RMTI
Q4 25
$1.52
$-0.01
Q3 25
$-1.18
$-0.05
Q2 25
$-1.63
$-0.05
Q1 25
$-4.32
$-0.04
Q4 24
$-4.24
$-0.02
Q3 24
$-4.01
$0.04
Q2 24
$-3.00
$0.01
Q1 24
$-2.89
$-0.06

Balance Sheet & Financial Strength

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

Metric
LOCL
LOCL
RMTI
RMTI
Cash + ST InvestmentsLiquidity on hand
$4.2M
$10.7M
Total DebtLower is stronger
$483.1M
Stockholders' EquityBook value
$-166.2M
$37.0M
Total Assets
$410.5M
$57.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOCL
LOCL
RMTI
RMTI
Q4 25
$4.2M
$10.7M
Q3 25
$6.2M
$13.6M
Q2 25
$5.3M
$12.5M
Q1 25
$18.0M
$11.4M
Q4 24
$937.0K
$15.7M
Q3 24
$317.0K
$12.3M
Q2 24
$9.7M
$11.9M
Q1 24
$8.2M
$6.6M
Total Debt
LOCL
LOCL
RMTI
RMTI
Q4 25
$483.1M
Q3 25
$484.9M
Q2 25
$478.3M
Q1 25
$480.0M
Q4 24
$436.8M
Q3 24
$398.4M
Q2 24
$374.0M
Q1 24
$329.8M
Stockholders' Equity
LOCL
LOCL
RMTI
RMTI
Q4 25
$-166.2M
$37.0M
Q3 25
$-158.1M
$37.0M
Q2 25
$-132.7M
$30.4M
Q1 25
$-134.5M
$31.5M
Q4 24
$-100.5M
$32.6M
Q3 24
$-65.6M
$29.1M
Q2 24
$-32.8M
$23.5M
Q1 24
$-9.4M
$20.6M
Total Assets
LOCL
LOCL
RMTI
RMTI
Q4 25
$410.5M
$57.1M
Q3 25
$417.8M
$57.5M
Q2 25
$426.8M
$52.6M
Q1 25
$447.2M
$54.0M
Q4 24
$428.0M
$59.2M
Q3 24
$430.8M
$57.1M
Q2 24
$438.1M
$53.0M
Q1 24
$413.4M
$50.7M

Cash Flow & Capital Efficiency

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

Metric
LOCL
LOCL
RMTI
RMTI
Operating Cash FlowLast quarter
$-3.1M
$2.3M
Free Cash FlowOCF − Capex
$-3.6M
$2.2M
FCF MarginFCF / Revenue
-29.1%
12.0%
Capex IntensityCapex / Revenue
3.9%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.9M
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOCL
LOCL
RMTI
RMTI
Q4 25
$-3.1M
$2.3M
Q3 25
$-8.9M
$-1.3M
Q2 25
$-8.7M
$1.8M
Q1 25
$-9.6M
$-3.5M
Q4 24
$1.2M
$865.0K
Q3 24
$-17.2M
$4.3M
Q2 24
$-4.0M
$1.4M
Q1 24
$-7.1M
$-2.4M
Free Cash Flow
LOCL
LOCL
RMTI
RMTI
Q4 25
$-3.6M
$2.2M
Q3 25
$-10.1M
$-1.5M
Q2 25
$-14.6M
$1.7M
Q1 25
$-14.5M
$-3.5M
Q4 24
$-8.6M
$470.0K
Q3 24
$-30.0M
$4.1M
Q2 24
$-28.8M
$1.2M
Q1 24
$-42.1M
$-2.5M
FCF Margin
LOCL
LOCL
RMTI
RMTI
Q4 25
-29.1%
12.0%
Q3 25
-82.8%
-9.6%
Q2 25
-121.0%
10.5%
Q1 25
-125.1%
-18.8%
Q4 24
-85.3%
1.9%
Q3 24
-293.1%
14.4%
Q2 24
-305.4%
4.5%
Q1 24
-501.8%
-11.1%
Capex Intensity
LOCL
LOCL
RMTI
RMTI
Q4 25
3.9%
0.5%
Q3 25
9.7%
1.4%
Q2 25
48.9%
1.0%
Q1 25
42.8%
0.3%
Q4 24
97.6%
1.6%
Q3 24
125.0%
0.7%
Q2 24
263.0%
1.1%
Q1 24
417.3%
0.6%
Cash Conversion
LOCL
LOCL
RMTI
RMTI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
2.57×
Q2 24
4.20×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LOCL
LOCL

Segment breakdown not available.

RMTI
RMTI

US$15.9M87%
Non Us$2.4M13%

Related Comparisons