LanzaTech Global (LNZA) Operating Expenses (2021 - 2026)
LanzaTech Global (LNZA) recorded Operating Expenses of $18.89 million in Q2 2026, down 54.3% from $41.33 million a year earlier.
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Analysis
LanzaTech Global (LNZA) Operating Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, LanzaTech Global's Operating Expenses came in at $113.35 million as of Jun 30, 2026, down 30.8% year-over-year; for FY2025, it came in at $135 million, down 14.8% from FY2024.
- Annual Operating Expenses has a four-year compound annual growth rate of 245.1% (FY2021 to FY2025).
- Across earlier years, Operating Expenses came in at $158.53 million in FY2024 (-6.2%), $169.01 million in FY2023 (+49.6%), $112.94 million in FY2022 and $951,461 in FY2021.
- The Q2 2026 figure is the lowest quarterly Operating Expenses since Q4 2021.
- On a year-over-year basis, Operating Expenses rose in two of the last seven quarters, with an average decline of 16.1%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 73.3% in Q1 2023, against a decline of 54.3% in Q2 2026 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | 1.14 Bn |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 573.00 Mn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 587.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | 51.40 Mn |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | 109.35 Mn |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | 13.21 Mn |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | 14.84 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | 9.81 Mn |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | 5.04 Mn |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | 18.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.89 Mn |
| Dec 31, 2025 | 28.20 Mn |
| Sep 30, 2025 | 24.94 Mn |
| Jun 30, 2025 | 41.33 Mn |
| Mar 31, 2025 | 40.54 Mn |
| Dec 31, 2024 | 39.05 Mn |
| Sep 30, 2024 | 42.90 Mn |
| Jun 30, 2024 | 40.18 Mn |
| Mar 31, 2024 | 36.40 Mn |
| Dec 31, 2023 | 39.11 Mn |
| Sep 30, 2023 | 44.20 Mn |
| Jun 30, 2023 | 43.54 Mn |
| Mar 31, 2023 | 42.17 Mn |
| Dec 31, 2022 | 30.94 Mn |
| Sep 30, 2022 | 28.70 Mn |
| Jun 30, 2022 | 28.97 Mn |
| Mar 31, 2022 | 24.33 Mn |
| Dec 31, 2021 | 665,206.00 |
| Sep 30, 2021 | 284,686.00 |
| Jun 30, 2021 | 443.00 |
API Access
LanzaTech Global Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=LNZA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "LNZA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=LNZA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();