Local Bounti Named Only CEA Company on 1,000-Firm Growth Leaders List
LOCL•Local Bounti was the only controlled environment agriculture company included among 1,000 global firms and 25 food and beverage honorees on a 2026 World’s Growth Leaders list. In Q1 2026 it posted 15% revenue growth and cut adjusted EBITDA loss by 35% year-over-year following 27% revenue growth in 2025.
1. Growth Leaders List Inclusion
Local Bounti is the only controlled environment agriculture company recognized on a 2026 World’s Growth Leaders list, joining 1,000 global firms and one of only 25 food and beverage honorees for exceptional revenue growth and stock performance over five years.
2. Patent Issuance and Yield Improvement
In February 2026, Local Bounti secured a U.S. patent for its Stack & Flow Technology® platform, leveraging computer vision and AI-driven growing optimization to achieve record-high yield levels in company history.
3. Retail Partnership Expansions
Commercial momentum accelerated in Q1 2026 with the launch of two new retail accounts and multiple supply agreement extensions, further expanding Local Bounti’s presence across approximately 13,000 retail doors in the United States.
4. Financial Performance Trends
Following a 27% revenue increase in 2025, Local Bounti delivered an additional 15% revenue gain in the first quarter of 2026 while reducing its adjusted EBITDA loss by 35% year-over-year, reflecting ongoing operational discipline.
