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Lenz Therapeutics (LENZ) Q2 2025 earnings results (second quarter 2025)

10-Q filed Jul 30, 2025

Lenz Therapeutics (LENZ) reported revenue of $5.0M for the second quarter 2025 (Q2 2025). Operating margin was -337.1%, net loss $14.9M (298.2% of revenue).

Revenue$5.0M
Year over year—
Quarter over quarter—
Operating margin-337.1%
Net earnings−$14.9M

Lenz Therapeutics, Q2 2025: revenue $5.0M, operating margin -337.1%, net loss $14.9M, operating cash flow −$11.5M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$5.0M——
Operating profit−$16.9M——
Net earnings−$14.9M——
Operating cash flow−$11.5M——

What changed

Revenue was $5.0M in Q2 2025.

Operating costs exceeded revenue by $16.9M, an operating margin of -337.1%. The quarter ended with a net loss of $14.9M.

Operating cash flow was −$11.5M. Non-cash charges added back $19K of depreciation and amortization and $2.8M of share-based compensation. Capital expenditures of $240K exceeded it, leaving free cash flow of −$11.7M.

Questions

What was Lenz Therapeutics' revenue in the second quarter 2025?

Lenz Therapeutics (LENZ) reported revenue of $5.0M for the second quarter 2025 (Q2 2025).

Was Lenz Therapeutics profitable in the second quarter 2025?

Operating loss was $16.9M (-337.1% of revenue) and net loss $14.9M.

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Source: Lenz Therapeutics 10-Q on SEC EDGAR.