LENZ Therapeutics (LENZ) EBITDA (2020 - 2026)

LENZ Therapeutics' (LENZ) quarterly EBITDA came in at -$44.1 million in Q1 2026, down 160.68% year-on-year from $72.7 million in Q1 2025, and down 14.75% on a QoQ basis from -$38.5 million in Q4 2025.

LENZ Therapeutics (LENZ) EBITDA (2020 - 2026) Analysis & Trends

LENZ Therapeutics (LENZ) has 7 years of EBITDA data on file, last reported at -$44.1 million in Q1 2026.

  • On a quarterly basis, EBITDA fell 160.68% year-over-year to -$44.1 million in Q1 2026; TTM through Mar 2026 was -$118.3 million, a 99.05% decrease from a year earlier, with the FY2025 full-year figure at -$91.1 million, down 55.5% from the prior year.
  • EBITDA for Q1 2026 stood at -$44.1 million, down from -$38.5 million in the prior quarter.
  • Over the last five years, EBITDA for LENZ reached as high as -$12.6 million in Q1 2023 and fell as low as -$44.1 million in Q1 2026.
  • Historically, EBITDA has averaged -$21.9 million across 5 years, with a median of -$18.9 million in 2025.
  • Across the five-year window, EBITDA slumped 177.09% in 2022 and soared 51.4% in 2023, its largest moves.
  • Year by year, EBITDA stood at -$26.8 million in 2022, then grew by 6.59% to -$25.0 million in 2023, then surged by 39.07% to -$15.2 million in 2024, then tumbled by 152.63% to -$38.5 million in 2025, then dropped by 14.75% to -$44.1 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were -$44.1 million in Q1 2026, -$38.5 million in Q4 2025, and -$18.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -27.75 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 249.90 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.72 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.14 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 642.90 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 493.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -445.22 Mn
10 LENZ Therapeutics 158.34 Mn 158.34 Mn 825,000.00 -44.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -44.14 Mn
Dec 31, 2025 -38.46 Mn
Sep 30, 2025 -18.89 Mn
Jun 30, 2025 -16.86 Mn
Mar 31, 2025 -16.93 Mn
Dec 31, 2024 -15.23 Mn
Sep 30, 2024 -12.95 Mn
Jun 30, 2024 -14.35 Mn
Mar 31, 2024 -16.09 Mn
Dec 31, 2023 -24.99 Mn
Sep 30, 2023 -19.87 Mn
Jun 30, 2023 -14.96 Mn
Mar 31, 2023 -12.62 Mn
Dec 31, 2022 -26.75 Mn
Sep 30, 2022 -26.15 Mn
Jun 30, 2022 -26.78 Mn
Mar 31, 2022 -25.96 Mn
Dec 31, 2021 -18.94 Mn
Sep 30, 2021 -14.60 Mn
Jun 30, 2021 -17.53 Mn