LanzaTech Global (LNZAW) Gross Margin (2022 - 2025)

LanzaTech Global (LNZAW) 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 (LNZAW) Gross Margin (2022 - 2025) Analysis & Trends

LanzaTech Global (LNZAW) 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 LNZAW'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 LNZAW'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 - - 22.72 Mn 81.13%

Historic Data

Download Data
DateValue
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%