LENZ Therapeutics (LENZ) EBITDA (2020 - 2026)

LENZ Therapeutics (LENZ) reported EBITDA of -$42.2 million for Q1 2026, down 187.1% year-over-year from $48.4 million in Q1 2025, and down 17.56% on a QoQ basis from -$35.9 million in Q4 2025.

LENZ Therapeutics (LENZ) has 7 years of EBITDA data on file, last reported at -$42.2 million in Q1 2026.

  • Quarterly EBITDA fell 187.1% year-over-year to -$42.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$109.6 million (down 130.11% YoY) and the FY2025 annual result came in at -$82.1 million, down 65.56% from the prior year.
  • EBITDA slipped to -$42.2 million in Q1 2026 per LENZ's latest filing, from -$35.9 million in the prior quarter.
  • Across five years, EBITDA topped out at -$9.6 million in Q3 2024 and bottomed at -$42.2 million in Q1 2026.
  • The 5-year median for EBITDA is -$16.7 million (2024), against an average of -$20.6 million.
  • The widest annual swing landed in 2023, when EBITDA jumped 51.19%; it then sank 187.1% in 2026.
  • Tracing LENZ's EBITDA over 5 years: stood at -$26.8 million in 2022, then advanced by 11.48% to -$23.7 million in 2023, then jumped by 45.19% to -$13.0 million in 2024, then slumped by 176.45% to -$35.9 million in 2025, then decreased by 17.56% to -$42.2 million in 2026.
  • Per Business Quant, the three latest LENZ EBITDA figures stand at -$42.2 million (Q1 2026), -$35.9 million (Q4 2025), and -$16.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -13.63 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -19.70 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -14.44 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.14 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 661.60 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 201.19 Mn
10 LENZ Therapeutics 235.77 Mn 235.77 Mn 825,000.00 -42.18 Mn

Historic Data

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DateValue
Mar 31, 2026 -42.18 Mn
Dec 31, 2025 -35.88 Mn
Sep 30, 2025 -16.51 Mn
Jun 30, 2025 -15.00 Mn
Mar 31, 2025 -14.69 Mn
Dec 31, 2024 -12.98 Mn
Sep 30, 2024 -9.63 Mn
Jun 30, 2024 -10.32 Mn
Mar 31, 2024 -16.66 Mn
Dec 31, 2023 -23.68 Mn
Sep 30, 2023 -18.87 Mn
Jun 30, 2023 -14.74 Mn
Mar 31, 2023 -12.67 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
Mar 31, 2021 -9.37 Mn
Dec 31, 2020 -8.32 Mn
Sep 30, 2020 -3.76 Mn
Jun 30, 2020 -1.29 Mn