Filing Flows › LanzaTech Global (LNZA) › Q4 2025
LanzaTech Global (LNZA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
LanzaTech Global (LNZA) reported revenue of $28.0M for the fourth quarter 2025 (Q4 2025), +133% from a year earlier and +202% from the quarter before. Operating margin was -0.7%, net loss $84K (0.3% of revenue).
LanzaTech Global, Q4 2025: revenue $28.0M (+133% year over year), operating margin -0.7%, net loss $84K, operating cash flow −$6.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.0M | +202% | +133% |
| Operating profit | −$205K | — | — |
| Net earnings | −$84K | -103% | — |
| Operating cash flow | −$6.2M | — | — |
What changed
Revenue was $28.0M in Q4 2025, up 133% year over year and up 202% from the previous quarter.
Operating costs exceeded revenue by $205K, an operating margin of -0.7%. Total costs fell 28% while revenue rose 133%. The fastest-growing cost line was Other operating costs (+64%). The quarter ended with a net loss of $84K, after a profit of $2.9M the previous quarter. Non-operating items added $121K, -144% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$6.2M. Non-cash charges added back $1.4M of depreciation and $1.3M of share-based compensation. Working capital and other items used $8.7M. Capital expenditures of $211K exceeded it, leaving free cash flow of −$6.4M.
Questions
What was LanzaTech Global's revenue in the fourth quarter 2025?
LanzaTech Global (LNZA) reported revenue of $28.0M for the fourth quarter 2025 (Q4 2025), +133% from a year earlier and +202% from the quarter before.
Was LanzaTech Global profitable in the fourth quarter 2025?
Operating loss was $205K (-0.7% of revenue) and net loss $84K.
Source: LanzaTech Global 10-K on SEC EDGAR.