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% quarter-over-quarter from -$35.9 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 -$42.2 million in Q1 2026.
- EBITDA for Q1 2026 came in at -$42.2 million, down 187.1% year-over-year; the trailing twelve-month figure through Mar 2026 was -$109.6 million (down 130.11% YoY), and the FY2025 annual result was -$82.1 million, down 65.56% from the prior year.
- EBITDA retreated to -$42.2 million in Q1 2026 per LENZ's latest filing, from -$35.9 million in the prior quarter.
- Over five years, EBITDA peaked at -$9.6 million in Q3 2024 and troughed at -$42.2 million in Q1 2026.
- A 5-year average of -$20.6 million and a median of -$16.7 million in 2024 frame the typical range for EBITDA.
- The sharpest annual moves came in 2023 and 2026: EBITDA soared 51.19% in 2023, then tumbled 187.1% in 2026.
- A 5-year view of EBITDA shows it stood at -$26.8 million in 2022, then grew by 11.48% to -$23.7 million in 2023, then soared by 45.19% to -$13.0 million in 2024, then plunged by 176.45% to -$35.9 million in 2025, then dropped by 17.56% to -$42.2 million in 2026.
- Business Quant data shows LENZ's EBITDA at -$42.2 million in Q1 2026, -$35.9 million in Q4 2025, and -$16.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -14.44 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | LENZ Therapeutics | 192.19 Mn | 192.19 Mn | 825,000.00 | -42.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |