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Side-by-side financial comparison of Local Bounti Corporation (LOCL) and Entrada Therapeutics, Inc. (TRDA). Click either name above to swap in a different company.

Entrada Therapeutics, Inc. is the larger business by last-quarter revenue ($20.6M vs $12.5M, roughly 1.7× Local Bounti Corporation). Local Bounti Corporation runs the higher net margin — -69.8% vs -84.4%, a 14.6% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs -65.2%). Local Bounti Corporation produced more free cash flow last quarter ($-3.6M vs $-39.7M). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% CAGR vs 6.4%).

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.

Entrada Therapeutics is a clinical-stage biotechnology firm developing transformative intracellular therapies for serious rare diseases and high-unmet-need disorders. Its pipeline covers neuromuscular, metabolic, and central nervous system segments, serving global patients via healthcare partnerships.

LOCL vs TRDA — Head-to-Head

Bigger by revenue
TRDA
TRDA
1.7× larger
TRDA
$20.6M
$12.5M
LOCL
Growing faster (revenue YoY)
LOCL
LOCL
+88.9% gap
LOCL
23.7%
-65.2%
TRDA
Higher net margin
LOCL
LOCL
14.6% more per $
LOCL
-69.8%
-84.4%
TRDA
More free cash flow
LOCL
LOCL
$36.0M more FCF
LOCL
$-3.6M
$-39.7M
TRDA
Faster 2-yr revenue CAGR
LOCL
LOCL
Annualised
LOCL
21.9%
6.4%
TRDA

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
LOCL
LOCL
TRDA
TRDA
Revenue
$12.5M
$20.6M
Net Profit
$-8.7M
$-17.3M
Gross Margin
12.2%
Operating Margin
-106.1%
-106.0%
Net Margin
-69.8%
-84.4%
Revenue YoY
23.7%
-65.2%
Net Profit YoY
76.0%
-173.8%
EPS (diluted)
$1.52
$-0.42

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
TRDA
TRDA
Q4 25
$12.5M
Q3 25
$12.2M
Q2 25
$12.1M
Q1 25
$11.6M
$20.6M
Q4 24
$10.1M
$37.4M
Q3 24
$10.2M
$19.6M
Q2 24
$9.4M
$94.7M
Q1 24
$8.4M
$59.1M
Net Profit
LOCL
LOCL
TRDA
TRDA
Q4 25
$-8.7M
Q3 25
$-26.4M
Q2 25
$-21.6M
Q1 25
$-37.7M
$-17.3M
Q4 24
$-36.3M
$1.1M
Q3 24
$-34.3M
$-14.0M
Q2 24
$-25.3M
$55.0M
Q1 24
$-24.1M
$23.5M
Gross Margin
LOCL
LOCL
TRDA
TRDA
Q4 25
12.2%
Q3 25
11.5%
Q2 25
12.2%
Q1 25
12.6%
Q4 24
5.4%
Q3 24
13.8%
Q2 24
14.3%
Q1 24
9.4%
Operating Margin
LOCL
LOCL
TRDA
TRDA
Q4 25
-106.1%
Q3 25
-149.4%
Q2 25
-127.7%
Q1 25
-135.6%
-106.0%
Q4 24
-166.6%
-15.7%
Q3 24
-176.0%
-110.7%
Q2 24
-146.8%
56.4%
Q1 24
-122.9%
35.7%
Net Margin
LOCL
LOCL
TRDA
TRDA
Q4 25
-69.8%
Q3 25
-216.6%
Q2 25
-178.3%
Q1 25
-324.6%
-84.4%
Q4 24
-360.1%
3.0%
Q3 24
-335.2%
-71.7%
Q2 24
-267.6%
58.1%
Q1 24
-286.9%
39.7%
EPS (diluted)
LOCL
LOCL
TRDA
TRDA
Q4 25
$1.52
Q3 25
$-1.18
Q2 25
$-1.63
Q1 25
$-4.32
$-0.42
Q4 24
$-4.24
$-0.20
Q3 24
$-4.01
$-0.35
Q2 24
$-3.00
$1.55
Q1 24
$-2.89
$0.68

Balance Sheet & Financial Strength

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

Metric
LOCL
LOCL
TRDA
TRDA
Cash + ST InvestmentsLiquidity on hand
$4.2M
$67.8M
Total DebtLower is stronger
$483.1M
Stockholders' EquityBook value
$-166.2M
$417.3M
Total Assets
$410.5M
$486.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOCL
LOCL
TRDA
TRDA
Q4 25
$4.2M
Q3 25
$6.2M
Q2 25
$5.3M
Q1 25
$18.0M
$67.8M
Q4 24
$937.0K
$101.2M
Q3 24
$317.0K
$78.0M
Q2 24
$9.7M
$185.3M
Q1 24
$8.2M
$68.4M
Total Debt
LOCL
LOCL
TRDA
TRDA
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
TRDA
TRDA
Q4 25
$-166.2M
Q3 25
$-158.1M
Q2 25
$-132.7M
Q1 25
$-134.5M
$417.3M
Q4 24
$-100.5M
$428.7M
Q3 24
$-65.6M
$422.4M
Q2 24
$-32.8M
$429.9M
Q1 24
$-9.4M
$269.4M
Total Assets
LOCL
LOCL
TRDA
TRDA
Q4 25
$410.5M
Q3 25
$417.8M
Q2 25
$426.8M
Q1 25
$447.2M
$486.5M
Q4 24
$428.0M
$526.3M
Q3 24
$430.8M
$554.6M
Q2 24
$438.1M
$582.0M
Q1 24
$413.4M
$510.8M

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
TRDA
TRDA
Operating Cash FlowLast quarter
$-3.1M
$-38.5M
Free Cash FlowOCF − Capex
$-3.6M
$-39.7M
FCF MarginFCF / Revenue
-29.1%
-192.9%
Capex IntensityCapex / Revenue
3.9%
5.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.9M
$-58.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOCL
LOCL
TRDA
TRDA
Q4 25
$-3.1M
Q3 25
$-8.9M
Q2 25
$-8.7M
Q1 25
$-9.6M
$-38.5M
Q4 24
$1.2M
$-31.6M
Q3 24
$-17.2M
$-24.3M
Q2 24
$-4.0M
$39.8M
Q1 24
$-7.1M
$-25.5M
Free Cash Flow
LOCL
LOCL
TRDA
TRDA
Q4 25
$-3.6M
Q3 25
$-10.1M
Q2 25
$-14.6M
Q1 25
$-14.5M
$-39.7M
Q4 24
$-8.6M
$-32.2M
Q3 24
$-30.0M
$-24.9M
Q2 24
$-28.8M
$38.8M
Q1 24
$-42.1M
$-26.4M
FCF Margin
LOCL
LOCL
TRDA
TRDA
Q4 25
-29.1%
Q3 25
-82.8%
Q2 25
-121.0%
Q1 25
-125.1%
-192.9%
Q4 24
-85.3%
-86.2%
Q3 24
-293.1%
-127.3%
Q2 24
-305.4%
41.0%
Q1 24
-501.8%
-44.6%
Capex Intensity
LOCL
LOCL
TRDA
TRDA
Q4 25
3.9%
Q3 25
9.7%
Q2 25
48.9%
Q1 25
42.8%
5.6%
Q4 24
97.6%
1.7%
Q3 24
125.0%
3.3%
Q2 24
263.0%
1.1%
Q1 24
417.3%
1.4%
Cash Conversion
LOCL
LOCL
TRDA
TRDA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-27.94×
Q3 24
Q2 24
0.72×
Q1 24
-1.09×

Financial Flow Comparison

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

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