LanzaTech Global (LNZA) Cost of Revenue (2022 - 2025)

LanzaTech Global (LNZA) has reported Cost of Revenue for 4 consecutive years, with $4.6 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Cost of Revenue rose 167.06% year-over-year to $4.6 million; the TTM figure through Dec 2025 stood at $12.7 million (up 206.09% YoY), while the FY2025 annual figure was $15.4 million, up 104.67% from the prior year.
• Cost of Revenue climbed to $4.6 million in Q4 2025 per LNZA's latest filing, from $3.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $20.1 million in Q4 2022 and bottomed at -$23.9 million in Q4 2023.
• Historically, Cost of Revenue has averaged $2.9 million across 4 years, with a median of $3.0 million in 2025.
• On a YoY basis, Cost of Revenue climbed as much as 499.39% in 2023 and fell as far as 219.39% in 2023.
• LanzaTech Global's Cost of Revenue stood at $20.1 million in 2022, then sank by 219.39% to -$23.9 million in 2023, then surged by 71.55% to -$6.8 million in 2024, then surged by 167.06% to $4.6 million in 2025.
• Business Quant data shows LNZA's Cost of Revenue at $4.6 million in Q4 2025, $3.0 million in Q3 2025, and $2.2 million in Q2 2025.