LanzaTech Global (LNZAW) Cost of Revenue (2021 - 2025)

LanzaTech Global (LNZAW) reported Cost of Revenue of $5.3 million for Q4 2025, up 35.67% year-over-year from $3.9 million in Q4 2024, and up 76.04% quarter-over-quarter from $3.0 million in Q3 2025.

LanzaTech Global (LNZAW) Cost of Revenue (2021 - 2025) Analysis & Trends

LanzaTech Global (LNZAW) has 5 years of Cost of Revenue data on file, last reported at $5.3 million in Q4 2025.

  • Cost of Revenue for Q4 2025 came in at $5.3 million, up 35.67% year-over-year; the trailing twelve-month figure through Dec 2025 was $16.2 million (up 47.53% YoY), and the FY2025 annual result was $14.2 million, up 88.13% from the prior year.
  • Cost of Revenue grew to $5.3 million in Q4 2025 per LNZAW's latest filing, from $3.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $11.9 million in Q3 2023 and troughed at -$23.9 million in Q4 2023.
  • A 5-year average of $2.2 million and a median of $3.4 million in 2025 frame the typical range for Cost of Revenue.
  • On a YoY basis, Cost of Revenue climbed as much as 2986.86% in 2023 and fell as far as 3119.67% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $53392.0 in 2021, then jumped by 1385.24% to $793000.0 in 2022, then tumbled by 3119.67% to -$23.9 million in 2023, then surged by 116.26% to $3.9 million in 2024, then soared by 35.67% to $5.3 million in 2025.
  • Business Quant data shows LNZAW's Cost of Revenue at $5.3 million in Q4 2025, $3.0 million in Q3 2025, and $3.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 GFL Environmental 257.60 Bn 257.72 Bn 218.62 Mn 980.05 Mn
2 Waste Connections 40.67 Bn 40.56 Bn 1.01 Bn 1.36 Bn
3 Clean Harbors 15.27 Bn 14.60 Bn 445.42 Mn 1.01 Bn
4 Casella Waste Systems 5.80 Bn 5.66 Bn 148.40 Mn 308.93 Mn
5 Enviri 1.71 Bn 1.63 Bn - -
6 Onterris 611.86 Mn 600.82 Mn - -
7 American Battery Technology 405.46 Mn 366.97 Mn 737,749.00 7.07 Mn
8 Waste Management 201.08 Mn 44.08 Mn 2.53 Bn 3.69 Bn
9 Perma Fix Environmental Services 176.15 Mn 156.14 Mn -2.88 Mn 14.01 Mn
10 LanzaTech Global - - 22.72 Mn 5.28 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 5.28 Mn
Dec 31, 2025 5.28 Mn
Sep 30, 2025 3.00 Mn
Sep 30, 2025 3.00 Mn
Jun 30, 2025 3.73 Mn
Jun 30, 2025 3.73 Mn
Mar 31, 2025 4.14 Mn
Mar 31, 2025 4.14 Mn
Dec 31, 2024 3.89 Mn
Dec 31, 2024 3.89 Mn
Sep 30, 2024 2.12 Mn
Sep 30, 2024 2.12 Mn
Jun 30, 2024 4.02 Mn
Jun 30, 2024 4.02 Mn
Mar 31, 2024 919,000.00
Mar 31, 2024 919,000.00
Dec 31, 2023 -23.95 Mn
Dec 31, 2023 -23.95 Mn
Sep 30, 2023 11.86 Mn
Sep 30, 2023 11.86 Mn