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Side-by-side financial comparison of Local Bounti Corporation (LOCL) and DNA X, Inc. (SONM). Click either name above to swap in a different company.
DNA X, Inc. is the larger business by last-quarter revenue ($16.2M vs $12.5M, roughly 1.3× Local Bounti Corporation). DNA X, Inc. runs the higher net margin — -29.3% vs -69.8%, a 40.5% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs 7.9%). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% CAGR vs 9.9%).
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.
LOCL vs SONM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.5M | $16.2M |
| Net Profit | $-8.7M | $-4.8M |
| Gross Margin | 12.2% | 11.2% |
| Operating Margin | -106.1% | -24.5% |
| Net Margin | -69.8% | -29.3% |
| Revenue YoY | 23.7% | 7.9% |
| Net Profit YoY | 76.0% | -89.2% |
| EPS (diluted) | $1.52 | $-4.83 |
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 | $12.5M | — | ||
| Q3 25 | $12.2M | $16.2M | ||
| Q2 25 | $12.1M | $11.2M | ||
| Q1 25 | $11.6M | $16.7M | ||
| Q4 24 | $10.1M | $15.3M | ||
| Q3 24 | $10.2M | $15.0M | ||
| Q2 24 | $9.4M | $11.5M | ||
| Q1 24 | $8.4M | $9.1M |
| Q4 25 | $-8.7M | — | ||
| Q3 25 | $-26.4M | $-4.8M | ||
| Q2 25 | $-21.6M | $-7.5M | ||
| Q1 25 | $-37.7M | $458.0K | ||
| Q4 24 | $-36.3M | $-21.6M | ||
| Q3 24 | $-34.3M | $-2.5M | ||
| Q2 24 | $-25.3M | $-6.6M | ||
| Q1 24 | $-24.1M | $-2.9M |
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.5% | 11.2% | ||
| Q2 25 | 12.2% | 7.6% | ||
| Q1 25 | 12.6% | 50.0% | ||
| Q4 24 | 5.4% | -1.2% | ||
| Q3 24 | 13.8% | 28.2% | ||
| Q2 24 | 14.3% | 25.8% | ||
| Q1 24 | 9.4% | 31.8% |
| Q4 25 | -106.1% | — | ||
| Q3 25 | -149.4% | -24.5% | ||
| Q2 25 | -127.7% | -60.2% | ||
| Q1 25 | -135.6% | 3.9% | ||
| Q4 24 | -166.6% | 55.3% | ||
| Q3 24 | -176.0% | -15.8% | ||
| Q2 24 | -146.8% | -56.2% | ||
| Q1 24 | -122.9% | -29.5% |
| Q4 25 | -69.8% | — | ||
| Q3 25 | -216.6% | -29.3% | ||
| Q2 25 | -178.3% | -66.8% | ||
| Q1 25 | -324.6% | 2.7% | ||
| Q4 24 | -360.1% | -141.6% | ||
| Q3 24 | -335.2% | -16.7% | ||
| Q2 24 | -267.6% | -57.5% | ||
| Q1 24 | -286.9% | -31.9% |
| Q4 25 | $1.52 | — | ||
| Q3 25 | $-1.18 | $-4.83 | ||
| Q2 25 | $-1.63 | $-0.79 | ||
| Q1 25 | $-4.32 | $0.08 | ||
| Q4 24 | $-4.24 | $-116.99 | ||
| Q3 24 | $-4.01 | $-9.32 | ||
| Q2 24 | $-3.00 | $-1.41 | ||
| Q1 24 | $-2.89 | $-0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.2M | $2.1M |
| Total DebtLower is stronger | $483.1M | $5.1M |
| Stockholders' EquityBook value | $-166.2M | $-701.0K |
| Total Assets | $410.5M | $40.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.2M | — | ||
| Q3 25 | $6.2M | $2.1M | ||
| Q2 25 | $5.3M | $2.0M | ||
| Q1 25 | $18.0M | $2.1M | ||
| Q4 24 | $937.0K | $5.3M | ||
| Q3 24 | $317.0K | $9.1M | ||
| Q2 24 | $9.7M | $9.6M | ||
| Q1 24 | $8.2M | $9.3M |
| Q4 25 | $483.1M | — | ||
| Q3 25 | $484.9M | $5.1M | ||
| Q2 25 | $478.3M | $2.9M | ||
| Q1 25 | $480.0M | $2.8M | ||
| Q4 24 | $436.8M | — | ||
| Q3 24 | $398.4M | — | ||
| Q2 24 | $374.0M | — | ||
| Q1 24 | $329.8M | — |
| Q4 25 | $-166.2M | — | ||
| Q3 25 | $-158.1M | $-701.0K | ||
| Q2 25 | $-132.7M | $-1.3M | ||
| Q1 25 | $-134.5M | $-1.1M | ||
| Q4 24 | $-100.5M | $-5.7M | ||
| Q3 24 | $-65.6M | $15.3M | ||
| Q2 24 | $-32.8M | $17.5M | ||
| Q1 24 | $-9.4M | $19.8M |
| Q4 25 | $410.5M | — | ||
| Q3 25 | $417.8M | $40.2M | ||
| Q2 25 | $426.8M | $36.1M | ||
| Q1 25 | $447.2M | $36.0M | ||
| Q4 24 | $428.0M | $39.7M | ||
| Q3 24 | $430.8M | $49.1M | ||
| Q2 24 | $438.1M | $45.9M | ||
| Q1 24 | $413.4M | $42.4M |
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 | $-3.1M | $-7.0M |
| 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.
| Q4 25 | $-3.1M | — | ||
| Q3 25 | $-8.9M | $-7.0M | ||
| Q2 25 | $-8.7M | $-4.9M | ||
| Q1 25 | $-9.6M | $-9.6M | ||
| Q4 24 | $1.2M | $-4.5M | ||
| Q3 24 | $-17.2M | $-417.0K | ||
| Q2 24 | $-4.0M | $-3.4M | ||
| Q1 24 | $-7.1M | $-168.0K |
| Q4 25 | $-3.6M | — | ||
| Q3 25 | $-10.1M | — | ||
| Q2 25 | $-14.6M | — | ||
| Q1 25 | $-14.5M | — | ||
| Q4 24 | $-8.6M | $-4.5M | ||
| Q3 24 | $-30.0M | $-554.0K | ||
| Q2 24 | $-28.8M | $-3.4M | ||
| Q1 24 | $-42.1M | $-198.0K |
| Q4 25 | -29.1% | — | ||
| Q3 25 | -82.8% | — | ||
| Q2 25 | -121.0% | — | ||
| Q1 25 | -125.1% | — | ||
| Q4 24 | -85.3% | -29.6% | ||
| Q3 24 | -293.1% | -3.7% | ||
| Q2 24 | -305.4% | -29.8% | ||
| Q1 24 | -501.8% | -2.2% |
| Q4 25 | 3.9% | — | ||
| Q3 25 | 9.7% | — | ||
| Q2 25 | 48.9% | — | ||
| Q1 25 | 42.8% | — | ||
| Q4 24 | 97.6% | 0.1% | ||
| Q3 24 | 125.0% | 0.9% | ||
| Q2 24 | 263.0% | 0.3% | ||
| Q1 24 | 417.3% | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -20.97× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
