LanzaTech Global (LNZA) Gross Margin (2022 - 2025)
LanzaTech Global (LNZA) reported Gross Margin of 81.13% for Q4 2025, up 1350.0% year-over-year from 5.6% in Q4 2024, and up 19.91% quarter-over-quarter from 67.66% in Q3 2025.
LanzaTech Global (LNZA) Gross Margin (2022 - 2025) Analysis & Trends
LanzaTech Global (LNZA) has 4 years of Gross Margin data on file, last reported at 81.13% in Q4 2025.
- Gross Margin for Q4 2025 came in at 81.13%, up 1350.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 71.08% (down 685.0% YoY), and the FY2025 annual result was 74.59%, down 1020.0% from the prior year.
- Gross Margin climbed to 81.13% in Q4 2025 per LNZA's latest filing, from 67.66% in the prior quarter.
- Over five years, Gross Margin peaked at 217.02% in Q4 2023 and troughed at 160.39% in Q3 2022.
- A 4-year average of 56.97% and a median of 67.63% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 19989 bps in 2023, then sank 14939 bps in 2024.
- A 4-year view of Gross Margin shows it stood at 160.39% in 2022, then surged by 235 bps to 217.02% in 2023, then plunged by 69 bps to 67.63% in 2024, then grew by 20 bps to 81.13% in 2025.
- Business Quant data shows LNZA's Gross Margin at 81.13% in Q4 2025, 67.66% in Q3 2025, and 58.92% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 18.24% |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 42.58% |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 30.52% |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 32.45% |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | 9.44% |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 40.68% |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | -25.89% |
| 10 | LanzaTech Global | 16.97 Mn | 3.80 Mn | 22.72 Mn | 81.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 81.13% |
| Sep 30, 2025 | 67.66% |
| Jun 30, 2025 | 58.92% |
| Mar 31, 2025 | 56.39% |
| Dec 31, 2024 | 67.63% |
| Sep 30, 2024 | 78.72% |
| Jun 30, 2024 | 76.87% |
| Mar 31, 2024 | 91.03% |
| Dec 31, 2023 | 217.02% |
| Sep 30, 2023 | 39.50% |
| Jun 30, 2023 | 25.44% |
| Mar 31, 2023 | 23.89% |
| Sep 30, 2022 | -160.39% |
| Jun 30, 2022 | 96.83% |
| Mar 31, 2022 | 33.87% |