LanzaTech Global (LNZA) Research & Development (2022 - 2025)
LanzaTech Global (LNZA) posted quarterly Research & Development of $11.5 million for Q4 2025, down 30.13% year-over-year from $16.5 million in Q4 2024, and up 12.14% quarter-over-quarter from $10.3 million in Q3 2025.
LanzaTech Global (LNZA) Research & Development (2022 - 2025) Analysis & Trends
LanzaTech Global (LNZA) has reported Research & Development for 4 consecutive years, with $11.5 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Research & Development fell 30.13% year-over-year to $11.5 million; the TTM figure through Dec 2025 stood at $53.2 million (down 30.94% YoY), while the FY2025 annual figure was $53.2 million, down 30.94% from the prior year.
- Research & Development advanced to $11.5 million in Q4 2025 per LNZA's latest filing, from $10.3 million in the prior quarter.
- Across five years, Research & Development topped out at $22.0 million in Q3 2024 and bottomed at $10.3 million in Q3 2025.
- Historically, Research & Development has averaged $15.7 million across 4 years, with a median of $16.3 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development jumped 42.84% — and 2025, when it tumbled 53.4%.
- LanzaTech Global's Research & Development stood at $13.3 million in 2022, then grew by 22.28% to $16.3 million in 2023, then advanced by 0.96% to $16.5 million in 2024, then sank by 30.13% to $11.5 million in 2025.
- Business Quant data shows LNZA's Research & Development at $11.5 million in Q4 2025, $10.3 million in Q3 2025, and $14.9 million in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.06 Bn | 89.51 Bn | 2.73 Bn | - |
| 2 | Republic Services | 67.83 Bn | 67.72 Bn | 1.87 Bn | - |
| 3 | Waste Connections | 43.06 Bn | 42.96 Bn | 1.08 Bn | - |
| 4 | Clean Harbors | 16.75 Bn | 16.23 Bn | 608.78 Mn | - |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | - |
| 6 | Casella Waste Systems | 5.90 Bn | 5.87 Bn | 178.80 Mn | - |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | - |
| 8 | Onterris | 567.53 Mn | 553.83 Mn | 82.26 Mn | - |
| 9 | Perma Fix Environmental Services | 340.65 Mn | 306.70 Mn | -2.50 Mn | 253,000.00 |
| 10 | LanzaTech Global | 73.23 Mn | 28.25 Mn | 5.24 Mn | 1.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |