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Side-by-side financial comparison of Local Bounti Corporation (LOCL) and UNITED SECURITY BANCSHARES (UBFO). Click either name above to swap in a different company.

UNITED SECURITY BANCSHARES is the larger business by last-quarter revenue ($13.5M vs $12.5M, roughly 1.1× Local Bounti Corporation). UNITED SECURITY BANCSHARES runs the higher net margin — 25.2% vs -69.8%, a 95.0% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs 13.6%). UNITED SECURITY BANCSHARES produced more free cash flow last quarter ($19.8M vs $-3.6M). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% CAGR vs 3.0%).

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.

United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.

LOCL vs UBFO — Head-to-Head

Bigger by revenue
UBFO
UBFO
1.1× larger
UBFO
$13.5M
$12.5M
LOCL
Growing faster (revenue YoY)
LOCL
LOCL
+10.1% gap
LOCL
23.7%
13.6%
UBFO
Higher net margin
UBFO
UBFO
95.0% more per $
UBFO
25.2%
-69.8%
LOCL
More free cash flow
UBFO
UBFO
$23.4M more FCF
UBFO
$19.8M
$-3.6M
LOCL
Faster 2-yr revenue CAGR
LOCL
LOCL
Annualised
LOCL
21.9%
3.0%
UBFO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LOCL
LOCL
UBFO
UBFO
Revenue
$12.5M
$13.5M
Net Profit
$-8.7M
$3.4M
Gross Margin
12.2%
Operating Margin
-106.1%
31.5%
Net Margin
-69.8%
25.2%
Revenue YoY
23.7%
13.6%
Net Profit YoY
76.0%
36.8%
EPS (diluted)
$1.52
$0.18

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
UBFO
UBFO
Q4 25
$12.5M
$13.5M
Q3 25
$12.2M
$14.0M
Q2 25
$12.1M
$12.6M
Q1 25
$11.6M
$13.7M
Q4 24
$10.1M
$11.9M
Q3 24
$10.2M
$13.8M
Q2 24
$9.4M
$13.0M
Q1 24
$8.4M
$12.8M
Net Profit
LOCL
LOCL
UBFO
UBFO
Q4 25
$-8.7M
$3.4M
Q3 25
$-26.4M
$4.0M
Q2 25
$-21.6M
$2.2M
Q1 25
$-37.7M
$2.7M
Q4 24
$-36.3M
$2.5M
Q3 24
$-34.3M
$3.8M
Q2 24
$-25.3M
$4.3M
Q1 24
$-24.1M
$4.2M
Gross Margin
LOCL
LOCL
UBFO
UBFO
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
UBFO
UBFO
Q4 25
-106.1%
31.5%
Q3 25
-149.4%
40.3%
Q2 25
-127.7%
24.0%
Q1 25
-135.6%
27.5%
Q4 24
-166.6%
27.5%
Q3 24
-176.0%
37.1%
Q2 24
-146.8%
46.4%
Q1 24
-122.9%
45.9%
Net Margin
LOCL
LOCL
UBFO
UBFO
Q4 25
-69.8%
25.2%
Q3 25
-216.6%
28.7%
Q2 25
-178.3%
17.2%
Q1 25
-324.6%
19.6%
Q4 24
-360.1%
20.9%
Q3 24
-335.2%
27.7%
Q2 24
-267.6%
33.0%
Q1 24
-286.9%
32.6%
EPS (diluted)
LOCL
LOCL
UBFO
UBFO
Q4 25
$1.52
$0.18
Q3 25
$-1.18
$0.23
Q2 25
$-1.63
$0.13
Q1 25
$-4.32
$0.16
Q4 24
$-4.24
$0.14
Q3 24
$-4.01
$0.22
Q2 24
$-3.00
$0.25
Q1 24
$-2.89
$0.24

Balance Sheet & Financial Strength

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

Metric
LOCL
LOCL
UBFO
UBFO
Cash + ST InvestmentsLiquidity on hand
$4.2M
$264.2M
Total DebtLower is stronger
$483.1M
Stockholders' EquityBook value
$-166.2M
$139.7M
Total Assets
$410.5M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOCL
LOCL
UBFO
UBFO
Q4 25
$4.2M
$264.2M
Q3 25
$6.2M
$211.1M
Q2 25
$5.3M
$199.5M
Q1 25
$18.0M
$198.4M
Q4 24
$937.0K
$216.9M
Q3 24
$317.0K
$216.8M
Q2 24
$9.7M
$166.3M
Q1 24
$8.2M
$168.6M
Total Debt
LOCL
LOCL
UBFO
UBFO
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
UBFO
UBFO
Q4 25
$-166.2M
$139.7M
Q3 25
$-158.1M
$137.4M
Q2 25
$-132.7M
$134.3M
Q1 25
$-134.5M
$132.9M
Q4 24
$-100.5M
$130.4M
Q3 24
$-65.6M
$132.9M
Q2 24
$-32.8M
$127.3M
Q1 24
$-9.4M
$124.2M
Total Assets
LOCL
LOCL
UBFO
UBFO
Q4 25
$410.5M
$1.2B
Q3 25
$417.8M
$1.2B
Q2 25
$426.8M
$1.2B
Q1 25
$447.2M
$1.2B
Q4 24
$428.0M
$1.2B
Q3 24
$430.8M
$1.3B
Q2 24
$438.1M
$1.2B
Q1 24
$413.4M
$1.2B

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
UBFO
UBFO
Operating Cash FlowLast quarter
$-3.1M
$22.1M
Free Cash FlowOCF − Capex
$-3.6M
$19.8M
FCF MarginFCF / Revenue
-29.1%
146.0%
Capex IntensityCapex / Revenue
3.9%
16.8%
Cash ConversionOCF / Net Profit
6.46×
TTM Free Cash FlowTrailing 4 quarters
$-42.9M
$36.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOCL
LOCL
UBFO
UBFO
Q4 25
$-3.1M
$22.1M
Q3 25
$-8.9M
$7.0M
Q2 25
$-8.7M
$8.7M
Q1 25
$-9.6M
$3.0M
Q4 24
$1.2M
$19.6M
Q3 24
$-17.2M
$5.4M
Q2 24
$-4.0M
$2.3M
Q1 24
$-7.1M
$7.4M
Free Cash Flow
LOCL
LOCL
UBFO
UBFO
Q4 25
$-3.6M
$19.8M
Q3 25
$-10.1M
$6.1M
Q2 25
$-14.6M
$8.1M
Q1 25
$-14.5M
$2.9M
Q4 24
$-8.6M
$18.6M
Q3 24
$-30.0M
$5.3M
Q2 24
$-28.8M
$2.0M
Q1 24
$-42.1M
$7.0M
FCF Margin
LOCL
LOCL
UBFO
UBFO
Q4 25
-29.1%
146.0%
Q3 25
-82.8%
43.7%
Q2 25
-121.0%
64.3%
Q1 25
-125.1%
21.2%
Q4 24
-85.3%
156.0%
Q3 24
-293.1%
38.1%
Q2 24
-305.4%
15.5%
Q1 24
-501.8%
54.8%
Capex Intensity
LOCL
LOCL
UBFO
UBFO
Q4 25
3.9%
16.8%
Q3 25
9.7%
6.0%
Q2 25
48.9%
4.6%
Q1 25
42.8%
0.9%
Q4 24
97.6%
8.7%
Q3 24
125.0%
0.7%
Q2 24
263.0%
2.2%
Q1 24
417.3%
3.6%
Cash Conversion
LOCL
LOCL
UBFO
UBFO
Q4 25
6.46×
Q3 25
1.73×
Q2 25
4.01×
Q1 25
1.13×
Q4 24
7.87×
Q3 24
1.40×
Q2 24
0.54×
Q1 24
1.79×

Financial Flow Comparison

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

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