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

Local Bounti Corporation is the larger business by last-quarter revenue ($12.5M vs $7.1M, roughly 1.8× TECHPRECISION CORP). TECHPRECISION CORP runs the higher net margin — -20.8% vs -69.8%, a 49.1% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs -6.9%). TECHPRECISION CORP produced more free cash flow last quarter ($-827.0K vs $-3.6M). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% CAGR vs -9.2%).

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.

TechPrecision Corp is a manufacturer of custom high-precision metal fabricated components and integrated systems, serving aerospace, defense, medical technology, renewable energy, and industrial end markets primarily across North America and Europe. It specializes in producing tight-tolerance, mission-critical parts that adhere to rigorous industry quality requirements.

LOCL vs TPCS — Head-to-Head

Bigger by revenue
LOCL
LOCL
1.8× larger
LOCL
$12.5M
$7.1M
TPCS
Growing faster (revenue YoY)
LOCL
LOCL
+30.6% gap
LOCL
23.7%
-6.9%
TPCS
Higher net margin
TPCS
TPCS
49.1% more per $
TPCS
-20.8%
-69.8%
LOCL
More free cash flow
TPCS
TPCS
$2.8M more FCF
TPCS
$-827.0K
$-3.6M
LOCL
Faster 2-yr revenue CAGR
LOCL
LOCL
Annualised
LOCL
21.9%
-9.2%
TPCS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
LOCL
LOCL
TPCS
TPCS
Revenue
$12.5M
$7.1M
Net Profit
$-8.7M
$-1.5M
Gross Margin
12.2%
5.4%
Operating Margin
-106.1%
-19.1%
Net Margin
-69.8%
-20.8%
Revenue YoY
23.7%
-6.9%
Net Profit YoY
76.0%
-84.4%
EPS (diluted)
$1.52
$-0.15

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
TPCS
TPCS
Q4 25
$12.5M
$7.1M
Q3 25
$12.2M
$9.1M
Q2 25
$12.1M
$7.4M
Q1 25
$11.6M
$9.5M
Q4 24
$10.1M
$7.6M
Q3 24
$10.2M
$8.9M
Q2 24
$9.4M
$8.0M
Q1 24
$8.4M
$8.6M
Net Profit
LOCL
LOCL
TPCS
TPCS
Q4 25
$-8.7M
$-1.5M
Q3 25
$-26.4M
$825.0K
Q2 25
$-21.6M
$-597.0K
Q1 25
$-37.7M
$112.0K
Q4 24
$-36.3M
$-799.0K
Q3 24
$-34.3M
$-601.0K
Q2 24
$-25.3M
$-1.5M
Q1 24
$-24.1M
$-5.1M
Gross Margin
LOCL
LOCL
TPCS
TPCS
Q4 25
12.2%
5.4%
Q3 25
11.5%
27.1%
Q2 25
12.2%
14.0%
Q1 25
12.6%
22.0%
Q4 24
5.4%
13.0%
Q3 24
13.8%
11.3%
Q2 24
14.3%
3.0%
Q1 24
9.4%
14.3%
Operating Margin
LOCL
LOCL
TPCS
TPCS
Q4 25
-106.1%
-19.1%
Q3 25
-149.4%
10.4%
Q2 25
-127.7%
-6.3%
Q1 25
-135.6%
3.9%
Q4 24
-166.6%
-9.1%
Q3 24
-176.0%
-5.5%
Q2 24
-146.8%
-16.8%
Q1 24
-122.9%
-28.6%
Net Margin
LOCL
LOCL
TPCS
TPCS
Q4 25
-69.8%
-20.8%
Q3 25
-216.6%
9.1%
Q2 25
-178.3%
-8.1%
Q1 25
-324.6%
1.2%
Q4 24
-360.1%
-10.5%
Q3 24
-335.2%
-6.7%
Q2 24
-267.6%
-18.3%
Q1 24
-286.9%
-59.5%
EPS (diluted)
LOCL
LOCL
TPCS
TPCS
Q4 25
$1.52
$-0.15
Q3 25
$-1.18
$0.08
Q2 25
$-1.63
$-0.06
Q1 25
$-4.32
$0.01
Q4 24
$-4.24
$-0.08
Q3 24
$-4.01
$-0.06
Q2 24
$-3.00
$-0.16
Q1 24
$-2.89
$-0.59

Balance Sheet & Financial Strength

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

Metric
LOCL
LOCL
TPCS
TPCS
Cash + ST InvestmentsLiquidity on hand
$4.2M
$50.0K
Total DebtLower is stronger
$483.1M
Stockholders' EquityBook value
$-166.2M
$8.0M
Total Assets
$410.5M
$32.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOCL
LOCL
TPCS
TPCS
Q4 25
$4.2M
$50.0K
Q3 25
$6.2M
$220.0K
Q2 25
$5.3M
$143.0K
Q1 25
$18.0M
$195.0K
Q4 24
$937.0K
$165.0K
Q3 24
$317.0K
$132.0K
Q2 24
$9.7M
$44.8K
Q1 24
$8.2M
$138.0K
Total Debt
LOCL
LOCL
TPCS
TPCS
Q4 25
$483.1M
Q3 25
$484.9M
Q2 25
$478.3M
Q1 25
$480.0M
$3.0K
Q4 24
$436.8M
$19.0K
Q3 24
$398.4M
Q2 24
$374.0M
Q1 24
$329.8M
Stockholders' Equity
LOCL
LOCL
TPCS
TPCS
Q4 25
$-166.2M
$8.0M
Q3 25
$-158.1M
$9.1M
Q2 25
$-132.7M
$8.2M
Q1 25
$-134.5M
$8.7M
Q4 24
$-100.5M
$8.1M
Q3 24
$-65.6M
$8.9M
Q2 24
$-32.8M
$7.9M
Q1 24
$-9.4M
$7.8M
Total Assets
LOCL
LOCL
TPCS
TPCS
Q4 25
$410.5M
$32.8M
Q3 25
$417.8M
$33.8M
Q2 25
$426.8M
$32.1M
Q1 25
$447.2M
$33.5M
Q4 24
$428.0M
$32.2M
Q3 24
$430.8M
$35.0M
Q2 24
$438.1M
$35.7M
Q1 24
$413.4M
$34.7M
Debt / Equity
LOCL
LOCL
TPCS
TPCS
Q4 25
Q3 25
Q2 25
Q1 25
0.00×
Q4 24
0.00×
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
LOCL
LOCL
TPCS
TPCS
Operating Cash FlowLast quarter
$-3.1M
$183.0K
Free Cash FlowOCF − Capex
$-3.6M
$-827.0K
FCF MarginFCF / Revenue
-29.1%
-11.7%
Capex IntensityCapex / Revenue
3.9%
14.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.9M
$-4.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOCL
LOCL
TPCS
TPCS
Q4 25
$-3.1M
$183.0K
Q3 25
$-8.9M
$-1.1M
Q2 25
$-8.7M
$646.0K
Q1 25
$-9.6M
$396.0K
Q4 24
$1.2M
$-570.0K
Q3 24
$-17.2M
$-532.0K
Q2 24
$-4.0M
$107.0K
Q1 24
$-7.1M
$-452.0K
Free Cash Flow
LOCL
LOCL
TPCS
TPCS
Q4 25
$-3.6M
$-827.0K
Q3 25
$-10.1M
$-2.1M
Q2 25
$-14.6M
$-604.0K
Q1 25
$-14.5M
$-930.0K
Q4 24
$-8.6M
$-1.7M
Q3 24
$-30.0M
$-2.0M
Q2 24
$-28.8M
$-94.0K
Q1 24
$-42.1M
$-900.0K
FCF Margin
LOCL
LOCL
TPCS
TPCS
Q4 25
-29.1%
-11.7%
Q3 25
-82.8%
-22.9%
Q2 25
-121.0%
-8.2%
Q1 25
-125.1%
-9.8%
Q4 24
-85.3%
-22.9%
Q3 24
-293.1%
-21.8%
Q2 24
-305.4%
-1.2%
Q1 24
-501.8%
-10.5%
Capex Intensity
LOCL
LOCL
TPCS
TPCS
Q4 25
3.9%
14.2%
Q3 25
9.7%
11.0%
Q2 25
48.9%
16.9%
Q1 25
42.8%
14.0%
Q4 24
97.6%
15.4%
Q3 24
125.0%
15.9%
Q2 24
263.0%
2.5%
Q1 24
417.3%
5.2%
Cash Conversion
LOCL
LOCL
TPCS
TPCS
Q4 25
Q3 25
-1.31×
Q2 25
Q1 25
3.54×
Q4 24
Q3 24
Q2 24
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.

TPCS
TPCS

Defense$6.7M94%
Other$410.0K6%

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