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Side-by-side financial comparison of Local Bounti Corporation (LOCL) and NUSCALE POWER Corp (SMR). Click either name above to swap in a different company.

Local Bounti Corporation is the larger business by last-quarter revenue ($12.5M vs $8.2M, roughly 1.5× NUSCALE POWER Corp). Local Bounti Corporation runs the higher net margin — -69.8% vs -3316.2%, a 3246.4% gap on every dollar of revenue. On growth, NUSCALE POWER Corp posted the faster year-over-year revenue change (1635.2% vs 23.7%). Local Bounti Corporation produced more free cash flow last quarter ($-3.6M vs $-199.9M). Over the past eight quarters, NUSCALE POWER Corp's revenue compounded faster (22.4% CAGR vs 21.9%).

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.

NuScale Power Corporation is a publicly traded American company that designs and markets small modular reactors (SMRs). It is headquartered in Tigard, Oregon. The company's VOYGR power plant, which uses 50 MWe modules and scales to 12 modules, was the first SMR to be certified by the US Nuclear Regulatory Commission (NRC) (2022). The newer 77 MWe module designs, known as the VOYGR-4 and VOYGR-6, were submitted for NRC review on January 1, 2023, and approved May 29, 2025. NuScale is now seekin...

LOCL vs SMR — Head-to-Head

Bigger by revenue
LOCL
LOCL
1.5× larger
LOCL
$12.5M
$8.2M
SMR
Growing faster (revenue YoY)
SMR
SMR
+1611.5% gap
SMR
1635.2%
23.7%
LOCL
Higher net margin
LOCL
LOCL
3246.4% more per $
LOCL
-69.8%
-3316.2%
SMR
More free cash flow
LOCL
LOCL
$196.2M more FCF
LOCL
$-3.6M
$-199.9M
SMR
Faster 2-yr revenue CAGR
SMR
SMR
Annualised
SMR
22.4%
21.9%
LOCL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LOCL
LOCL
SMR
SMR
Revenue
$12.5M
$8.2M
Net Profit
$-8.7M
$-273.3M
Gross Margin
12.2%
32.9%
Operating Margin
-106.1%
-6532.9%
Net Margin
-69.8%
-3316.2%
Revenue YoY
23.7%
1635.2%
Net Profit YoY
76.0%
-1465.5%
EPS (diluted)
$1.52
$-1.85

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
SMR
SMR
Q4 25
$12.5M
Q3 25
$12.2M
$8.2M
Q2 25
$12.1M
$8.1M
Q1 25
$11.6M
$13.4M
Q4 24
$10.1M
$34.2M
Q3 24
$10.2M
Q2 24
$9.4M
Q1 24
$8.4M
Net Profit
LOCL
LOCL
SMR
SMR
Q4 25
$-8.7M
Q3 25
$-26.4M
$-273.3M
Q2 25
$-21.6M
$-17.6M
Q1 25
$-37.7M
$-14.0M
Q4 24
$-36.3M
$-75.0M
Q3 24
$-34.3M
Q2 24
$-25.3M
Q1 24
$-24.1M
Gross Margin
LOCL
LOCL
SMR
SMR
Q4 25
12.2%
Q3 25
11.5%
32.9%
Q2 25
12.2%
22.1%
Q1 25
12.6%
52.4%
Q4 24
5.4%
91.1%
Q3 24
13.8%
Q2 24
14.3%
Q1 24
9.4%
Operating Margin
LOCL
LOCL
SMR
SMR
Q4 25
-106.1%
Q3 25
-149.4%
-6532.9%
Q2 25
-127.7%
-534.9%
Q1 25
-135.6%
-264.1%
Q4 24
-166.6%
-34.6%
Q3 24
-176.0%
Q2 24
-146.8%
Q1 24
-122.9%
Net Margin
LOCL
LOCL
SMR
SMR
Q4 25
-69.8%
Q3 25
-216.6%
-3316.2%
Q2 25
-178.3%
-219.0%
Q1 25
-324.6%
-104.7%
Q4 24
-360.1%
-219.1%
Q3 24
-335.2%
Q2 24
-267.6%
Q1 24
-286.9%
EPS (diluted)
LOCL
LOCL
SMR
SMR
Q4 25
$1.52
Q3 25
$-1.18
$-1.85
Q2 25
$-1.63
$-0.13
Q1 25
$-4.32
$-0.11
Q4 24
$-4.24
$-0.77
Q3 24
$-4.01
Q2 24
$-3.00
Q1 24
$-2.89

Balance Sheet & Financial Strength

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

Metric
LOCL
LOCL
SMR
SMR
Cash + ST InvestmentsLiquidity on hand
$4.2M
$691.8M
Total DebtLower is stronger
$483.1M
Stockholders' EquityBook value
$-166.2M
$828.7M
Total Assets
$410.5M
$883.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOCL
LOCL
SMR
SMR
Q4 25
$4.2M
Q3 25
$6.2M
$691.8M
Q2 25
$5.3M
$420.7M
Q1 25
$18.0M
$521.4M
Q4 24
$937.0K
$441.6M
Q3 24
$317.0K
Q2 24
$9.7M
Q1 24
$8.2M
Total Debt
LOCL
LOCL
SMR
SMR
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
SMR
SMR
Q4 25
$-166.2M
Q3 25
$-158.1M
$828.7M
Q2 25
$-132.7M
$692.9M
Q1 25
$-134.5M
$704.0M
Q4 24
$-100.5M
$618.7M
Q3 24
$-65.6M
Q2 24
$-32.8M
Q1 24
$-9.4M
Total Assets
LOCL
LOCL
SMR
SMR
Q4 25
$410.5M
Q3 25
$417.8M
$883.1M
Q2 25
$426.8M
$606.5M
Q1 25
$447.2M
$618.1M
Q4 24
$428.0M
$544.7M
Q3 24
$430.8M
Q2 24
$438.1M
Q1 24
$413.4M

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
SMR
SMR
Operating Cash FlowLast quarter
$-3.1M
$-199.8M
Free Cash FlowOCF − Capex
$-3.6M
$-199.9M
FCF MarginFCF / Revenue
-29.1%
-2425.1%
Capex IntensityCapex / Revenue
3.9%
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOCL
LOCL
SMR
SMR
Q4 25
$-3.1M
Q3 25
$-8.9M
$-199.8M
Q2 25
$-8.7M
$-33.3M
Q1 25
$-9.6M
$-22.8M
Q4 24
$1.2M
$-26.4M
Q3 24
$-17.2M
Q2 24
$-4.0M
Q1 24
$-7.1M
Free Cash Flow
LOCL
LOCL
SMR
SMR
Q4 25
$-3.6M
Q3 25
$-10.1M
$-199.9M
Q2 25
$-14.6M
Q1 25
$-14.5M
$-22.9M
Q4 24
$-8.6M
$-26.5M
Q3 24
$-30.0M
Q2 24
$-28.8M
Q1 24
$-42.1M
FCF Margin
LOCL
LOCL
SMR
SMR
Q4 25
-29.1%
Q3 25
-82.8%
-2425.1%
Q2 25
-121.0%
Q1 25
-125.1%
-170.9%
Q4 24
-85.3%
-77.3%
Q3 24
-293.1%
Q2 24
-305.4%
Q1 24
-501.8%
Capex Intensity
LOCL
LOCL
SMR
SMR
Q4 25
3.9%
Q3 25
9.7%
0.9%
Q2 25
48.9%
Q1 25
42.8%
0.5%
Q4 24
97.6%
0.1%
Q3 24
125.0%
Q2 24
263.0%
Q1 24
417.3%

Financial Flow Comparison

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

Revenue Breakdown by Segment

LOCL
LOCL

Segment breakdown not available.

SMR
SMR

Power Plant And NPM Engineering Design And Licensing Services And Fees$8.0M97%
Other$208.0K3%

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