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Side-by-side financial comparison of Local Bounti Corporation (LOCL) and WESTPORT FUEL SYSTEMS INC. (WPRT). Click either name above to swap in a different company.

WESTPORT FUEL SYSTEMS INC. is the larger business by last-quarter revenue ($12.5M vs $12.5M, roughly 1.0× Local Bounti Corporation). Local Bounti Corporation runs the higher net margin — -69.8% vs -274.8%, a 205.0% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs -11.4%). Local Bounti Corporation produced more free cash flow last quarter ($-3.6M vs $-6.4M).

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.

Westport Innovations is a company that develops alternative fuel, low-emissions technologies to allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen and biofuels such as landfill gas. Headquartered in Vancouver, British Columbia, Canada, where the company was founded, Westport also has facilities in France, Sweden, Italy, China, Australia and the United States.

LOCL vs WPRT — Head-to-Head

Bigger by revenue
WPRT
WPRT
1.0× larger
WPRT
$12.5M
$12.5M
LOCL
Growing faster (revenue YoY)
LOCL
LOCL
+35.1% gap
LOCL
23.7%
-11.4%
WPRT
Higher net margin
LOCL
LOCL
205.0% more per $
LOCL
-69.8%
-274.8%
WPRT
More free cash flow
LOCL
LOCL
$2.8M more FCF
LOCL
$-3.6M
$-6.4M
WPRT

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
LOCL
LOCL
WPRT
WPRT
Revenue
$12.5M
$12.5M
Net Profit
$-8.7M
$-34.3M
Gross Margin
12.2%
6.7%
Operating Margin
-106.1%
-8.1%
Net Margin
-69.8%
-274.8%
Revenue YoY
23.7%
-11.4%
Net Profit YoY
76.0%
-690.4%
EPS (diluted)
$1.52
$-1.98

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
WPRT
WPRT
Q4 25
$12.5M
Q3 25
$12.2M
Q2 25
$12.1M
$12.5M
Q1 25
$11.6M
Q4 24
$10.1M
Q3 24
$10.2M
$4.9M
Q2 24
$9.4M
$14.1M
Q1 24
$8.4M
Net Profit
LOCL
LOCL
WPRT
WPRT
Q4 25
$-8.7M
Q3 25
$-26.4M
Q2 25
$-21.6M
$-34.3M
Q1 25
$-37.7M
Q4 24
$-36.3M
Q3 24
$-34.3M
$-3.9M
Q2 24
$-25.3M
$5.8M
Q1 24
$-24.1M
Gross Margin
LOCL
LOCL
WPRT
WPRT
Q4 25
12.2%
Q3 25
11.5%
Q2 25
12.2%
6.7%
Q1 25
12.6%
Q4 24
5.4%
Q3 24
13.8%
13.6%
Q2 24
14.3%
16.7%
Q1 24
9.4%
Operating Margin
LOCL
LOCL
WPRT
WPRT
Q4 25
-106.1%
Q3 25
-149.4%
Q2 25
-127.7%
-8.1%
Q1 25
-135.6%
Q4 24
-166.6%
Q3 24
-176.0%
-43.9%
Q2 24
-146.8%
-54.9%
Q1 24
-122.9%
Net Margin
LOCL
LOCL
WPRT
WPRT
Q4 25
-69.8%
Q3 25
-216.6%
Q2 25
-178.3%
-274.8%
Q1 25
-324.6%
Q4 24
-360.1%
Q3 24
-335.2%
-79.3%
Q2 24
-267.6%
41.2%
Q1 24
-286.9%
EPS (diluted)
LOCL
LOCL
WPRT
WPRT
Q4 25
$1.52
Q3 25
$-1.18
Q2 25
$-1.63
$-1.98
Q1 25
$-4.32
Q4 24
$-4.24
Q3 24
$-4.01
$-0.22
Q2 24
$-3.00
$0.34
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
WPRT
WPRT
Cash + ST InvestmentsLiquidity on hand
$4.2M
$6.1M
Total DebtLower is stronger
$483.1M
$977.0K
Stockholders' EquityBook value
$-166.2M
$108.9M
Total Assets
$410.5M
$272.1M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOCL
LOCL
WPRT
WPRT
Q4 25
$4.2M
Q3 25
$6.2M
Q2 25
$5.3M
$6.1M
Q1 25
$18.0M
Q4 24
$937.0K
Q3 24
$317.0K
Q2 24
$9.7M
Q1 24
$8.2M
Total Debt
LOCL
LOCL
WPRT
WPRT
Q4 25
$483.1M
Q3 25
$484.9M
Q2 25
$478.3M
$977.0K
Q1 25
$480.0M
Q4 24
$436.8M
Q3 24
$398.4M
Q2 24
$374.0M
Q1 24
$329.8M
Stockholders' Equity
LOCL
LOCL
WPRT
WPRT
Q4 25
$-166.2M
Q3 25
$-158.1M
Q2 25
$-132.7M
$108.9M
Q1 25
$-134.5M
Q4 24
$-100.5M
Q3 24
$-65.6M
$149.3M
Q2 24
$-32.8M
$151.5M
Q1 24
$-9.4M
Total Assets
LOCL
LOCL
WPRT
WPRT
Q4 25
$410.5M
Q3 25
$417.8M
Q2 25
$426.8M
$272.1M
Q1 25
$447.2M
Q4 24
$428.0M
Q3 24
$430.8M
Q2 24
$438.1M
Q1 24
$413.4M
Debt / Equity
LOCL
LOCL
WPRT
WPRT
Q4 25
Q3 25
Q2 25
0.01×
Q1 25
Q4 24
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
WPRT
WPRT
Operating Cash FlowLast quarter
$-3.1M
$-5.6M
Free Cash FlowOCF − Capex
$-3.6M
$-6.4M
FCF MarginFCF / Revenue
-29.1%
-51.6%
Capex IntensityCapex / Revenue
3.9%
6.6%
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
WPRT
WPRT
Q4 25
$-3.1M
Q3 25
$-8.9M
Q2 25
$-8.7M
$-5.6M
Q1 25
$-9.6M
Q4 24
$1.2M
Q3 24
$-17.2M
$-11.7M
Q2 24
$-4.0M
$1.5M
Q1 24
$-7.1M
Free Cash Flow
LOCL
LOCL
WPRT
WPRT
Q4 25
$-3.6M
Q3 25
$-10.1M
Q2 25
$-14.6M
$-6.4M
Q1 25
$-14.5M
Q4 24
$-8.6M
Q3 24
$-30.0M
$-11.9M
Q2 24
$-28.8M
$262.0K
Q1 24
$-42.1M
FCF Margin
LOCL
LOCL
WPRT
WPRT
Q4 25
-29.1%
Q3 25
-82.8%
Q2 25
-121.0%
-51.6%
Q1 25
-125.1%
Q4 24
-85.3%
Q3 24
-293.1%
-243.4%
Q2 24
-305.4%
1.9%
Q1 24
-501.8%
Capex Intensity
LOCL
LOCL
WPRT
WPRT
Q4 25
3.9%
Q3 25
9.7%
Q2 25
48.9%
6.6%
Q1 25
42.8%
Q4 24
97.6%
Q3 24
125.0%
3.8%
Q2 24
263.0%
8.9%
Q1 24
417.3%
Cash Conversion
LOCL
LOCL
WPRT
WPRT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.26×
Q1 24

Financial Flow Comparison

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

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