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Gevo vs LanzaTech Global: GEVO and LNZA compared
Gevo is the larger company: $46.5M of revenue in its latest quarter (Q2 2026) against $9.0M for LanzaTech Global (Q2 2026). Gevo is growing faster (+7% against -0.8% a year earlier). LanzaTech Global is more profitable, with an operating margin of -109.5% against -369.3%.
Where the money goes: GEVO and LNZA
Gevo (GEVO) · Q2 2026
Gevo, Q2 2026: revenue $46.5M (+7% year over year), operating margin -369.3%, net loss $176M, operating cash flow −$8.3M. The chart follows the revenue to costs, profit and cash.
LanzaTech Global (LNZA) · Q2 2026
LanzaTech Global, Q2 2026: revenue $9.0M (-0.8% year over year), operating margin -109.5%, net earnings $184M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Gevo (GEVO) | LanzaTech Global (LNZA) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $46.5M | $9.0M |
| Revenue growth, Y/Y | +7% | -0.8% |
| Operating margin | -369.3% | -109.5% |
| Net earnings | −$176M | $184M |
| Net margin | -379.0% | — |
| Operating cash flow | −$8.3M | −$1.4M |
Where the revenue comes from
Gevo
- Ethanol: $29.5M (63%)
- Ethanol related products: $9.7M (21%)
- Environmental attributes: $5.6M (12%)
- Other: $1.5M (3%)
LanzaTech Global
- Biorefining revenue: $3.9M (43%)
- Engineering and other services: $3.3M (36%)
- Joint development and contract research revenue: $1.3M (14%)
- Licensing: $595K (7%)
Questions
Which is bigger, Gevo or LanzaTech Global?
Gevo is the larger company: $46.5M of revenue in its latest quarter (Q2 2026) against $9.0M for LanzaTech Global (Q2 2026).
Is Gevo or LanzaTech Global growing faster?
Gevo is growing faster (+7% against -0.8% a year earlier).
Which is more profitable, Gevo or LanzaTech Global?
LanzaTech Global is more profitable, with an operating margin of -109.5% against -369.3%.
More: Gevo earnings · how Gevo makes money · LanzaTech Global earnings · how LanzaTech Global makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.