Local Bounti Corporation/DE Quarterly Operating Margin in % from Q4 2021 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Local Bounti Corporation/DE quarterly/annual Operating Margin history and growth rate from Q4 2021 to Q2 2024.
  • Local Bounti Corporation/DE Operating Margin for the quarter ending June 30, 2024 was -325 %, a 5.25% decline year-over-year.
  • Local Bounti Corporation/DE annual Operating Margin for 2023 was -424 %, a 12.6% increase from 2022.
  • Local Bounti Corporation/DE annual Operating Margin for 2022 was -485 %, a 93.1% increase from 2021.
  • Local Bounti Corporation/DE annual Operating Margin for 2021 was -7.01K %, a 27.5% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 -325 -16.2 -5.25% Apr 1, 2024 Jun 30, 2024
Q1 2024 -369 -22.8 -6.6% Jan 1, 2024 Mar 31, 2024
Q4 2023 -424 +61.2 +12.6% Oct 1, 2023 Dec 31, 2023
Q3 2023 -292 +461 +61.2% Jul 1, 2023 Sep 30, 2023
Q2 2023 -309 +869 +73.8% Apr 1, 2023 Jun 30, 2023
Q1 2023 -346 +6.63K +95% Jan 1, 2023 Mar 31, 2023
Q4 2022 -485 +6.52K +93.1% Oct 1, 2022 Dec 31, 2022
Q3 2022 -753 Jul 1, 2022 Sep 30, 2022
Q2 2022 -1.18K Apr 1, 2022 Jun 30, 2022
Q1 2022 -6.97K Jan 1, 2022 Mar 31, 2022
Q4 2021 -7.01K Oct 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.