LanzaTech Global (LNZA) Research & Development (2022 - 2026)
LanzaTech Global's Research & Development came in at $1.96 million for Q2 2026, down 86.9% from $14.94 million a year earlier.
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Analysis
LanzaTech Global (LNZA) Research & Development (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, LanzaTech Global reported Research & Development of $38.65 million, down 44.7% year-over-year; for FY2025, it came in at $53.18 million, down 30.9% from FY2024.
- Research & Development carries a three-year compound annual growth rate of 0.0% (FY2022 to FY2025).
- Going back by year, Research & Development was $77.01 million in FY2024 (+13.0%), $68.14 million in FY2023 (+28.1%) and $53.19 million in FY2022.
- The Q2 2026 figure represents the lowest quarterly Research & Development in data going back to Q1 2022.
- Year-over-year, Research & Development increased in two of the last seven quarters, with an average decline of 24.4%.
- The fastest year-over-year change in Research & Development over five years came in Q2 2023 (growth of 42.8%), and the weakest in Q2 2026 (a decline of 86.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 78.59 Bn | 70.36 Bn | 1.95 Bn | - |
| 2 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 59.00 Mn |
| 3 | Veralto | 23.49 Bn | 16.14 Bn | 902.00 Mn | 73.00 Mn |
| 4 | Badger Meter | 3.66 Bn | 2.93 Bn | 90.77 Mn | - |
| 5 | Ceco Environmental | 3.13 Bn | 2.96 Bn | 86.47 Mn | - |
| 6 | NWPX Infrastructure | 993.98 Mn | 955.45 Mn | 34.36 Mn | - |
| 7 | Energy Recovery | 343.89 Mn | 19.06 Mn | 8.96 Mn | 2.85 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 296.32 Mn | 175.95 Mn | - | 172,807.00 |
| 10 | LanzaTech Global | 77.75 Mn | -37.39 Mn | 1.91 Mn | 1.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.96 Mn |
| Dec 31, 2025 | 11.50 Mn |
| Sep 30, 2025 | 10.26 Mn |
| Jun 30, 2025 | 14.94 Mn |
| Mar 31, 2025 | 16.49 Mn |
| Dec 31, 2024 | 16.46 Mn |
| Sep 30, 2024 | 22.01 Mn |
| Jun 30, 2024 | 21.48 Mn |
| Mar 31, 2024 | 17.06 Mn |
| Dec 31, 2023 | 16.30 Mn |
| Sep 30, 2023 | 16.65 Mn |
| Jun 30, 2023 | 18.91 Mn |
| Mar 31, 2023 | 16.29 Mn |
| Dec 31, 2022 | 13.33 Mn |
| Sep 30, 2022 | 14.26 Mn |
| Jun 30, 2022 | 13.24 Mn |
| Mar 31, 2022 | 12.36 Mn |
API Access
LanzaTech Global Research & Development 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=research-and-development&ticker=LNZA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=LNZA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();