Local Bounti CorporationLOCLNYSE
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+21.1%
5Y CAGR+87.5%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+21.1%/yr
Annual compound
5Y CAGR
+87.5%/yr
Recent deceleration
Percentile
P100
Near historical high
vs 5Y Ago
23.2x
Strong expansion
Streak
6 yr
Consecutive growthExpanding
PeriodValueYoY Change
TTM$24.98M+12.1%
2024$22.29M+38.5%
2023$16.09M+14.4%
2022$14.06M+310.5%
2021$3.42M+217.4%
2020$1.08M-
2019$0.00-