Filing Flows › LanzaTech Global (LNZA) › Q2 2025
LanzaTech Global (LNZA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 19, 2025
LanzaTech Global (LNZA) reported revenue of $9.1M for the second quarter 2025 (Q2 2025), -48% from a year earlier and -4% from the quarter before. Operating margin was -354.9%, net loss $32.5M (357.8% of revenue).
LanzaTech Global, Q2 2025: revenue $9.1M (-48% year over year), operating margin -354.9%, net loss $32.5M, operating cash flow −$21.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.1M | -4% | -48% |
| Operating profit | −$32.2M | — | — |
| Net earnings | −$32.5M | — | — |
| Operating cash flow | −$21.7M | — | — |
What changed
Revenue was $9.1M in Q2 2025, down 48% year over year and down 4% from the previous quarter. CarbonSmart product was the largest line at 42% of revenue. Licensing lost $7.5M year over year (down 88%), 90% of the total change.
Operating costs exceeded revenue by $32.2M, an operating margin of -354.9%. Total costs grew 3% against a revenue fall of 48%. The fastest-growing cost line was SG&A (+63%). The quarter ended with a net loss of $32.5M, wider than the previous quarter's $19.2M loss.
Operating cash flow was −$21.7M. Non-cash charges added back $1.1M of depreciation and $2.3M of share-based compensation. Working capital and other items added $7.5M. Capital expenditures of $166K exceeded it, leaving free cash flow of −$21.9M.
Questions
What was LanzaTech Global's revenue in the second quarter 2025?
LanzaTech Global (LNZA) reported revenue of $9.1M for the second quarter 2025 (Q2 2025), -48% from a year earlier and -4% from the quarter before.
Was LanzaTech Global profitable in the second quarter 2025?
Operating loss was $32.2M (-354.9% of revenue) and net loss $32.5M.
Source: LanzaTech Global 10-Q on SEC EDGAR.