LENZ Therapeutics, Inc. (LENZ) Revenue History
Annual and quarterly revenue from 2019 to present
LENZ Revenue Over Time (2019–2025)
LENZ Revenue Growth History
0 of 1 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- N/A
- FY2023 revenue growth
- -100.0%
- FY2024 revenue growth
- N/A
- FY2025 revenue growth
- N/A
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.9M | — |
| Q4 2025 | $1.6M | — |
| Q3 2025 | $12.5M | — |
| Q2 2025 | $5.0M | — |
| Q1 2025 | $0 | — |
| Q4 2024 | $0 | — |
| Q3 2024 | $0 | — |
| Q2 2024 | $0 | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
LENZ's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
LENZ Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 23, 2026, LENZ Therapeutics, Inc. (LENZ) generated trailing twelve-month (TTM) revenue of $21.0 million. The most recent quarter (Q1 2026) recorded $1.9 million in revenue, up 19.7% sequentially.
Historical Growth Trajectory
LENZ's historical revenue data shows a 3-year CAGR of +8.4%. LENZ Therapeutics, Inc.'s highest annual revenue of $19.1 million was recorded in 2025, an all-time high.
Revenue by Segment
LENZ's revenue is primarily driven by License (92%), and Product (8%). With over half of revenue concentrated in License, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Healthcare sector peers — including PRPH (-35.8% YoY), NKTR (-36.2% YoY), and AEYE (+11.6% YoY). Compare LENZ vs PRPH →
LENZ Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LENZCurrent | $21M | - | - | -477.5% | |
 PRPH | $4M | -35.8% | -21.4% | -415.4% | |
 NKTR | $55M | -36.2% | -18.4% | -236.8% | |
 AEYE | $40M | +11.6% | +14.5% | -7.9% |
LENZ Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $19.1M | - | $18.4M | 96.3% | $-91,138,000 | -477.5% |
| 2024 | $0 | - | $-58,000 | - | $-58,610,000 | - |
| 2023 | $0 | -100.0% | $0 | - | $-72,429,000 | - |
| 2022 | $15.0M | - | $15.0M | 100.0% | $-10,483,000 | -69.9% |
| 2021 | $0 | - | $-734,000 | - | $-60,443,000 | - |
| 2020 | $0 | - | $-121,000 | - | $-13,500,000 | - |
| 2019 | $0 | - | $0 | - | $-29,000 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
7+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
LENZ — Frequently Asked Questions
Quick answers to the most common questions about buying LENZ stock.
Is LENZ's revenue growth accelerating or slowing?
LENZ TTM revenue: $21M. YoY growth: N/A. 5-year CAGR: N/A.
What is LENZ's revenue history from 2019 to 2026?
LENZ Therapeutics, Inc. (LENZ) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $21M, growing at N/A YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is LENZ's long-term revenue growth rate (CAGR)?
LENZ Therapeutics, Inc.'s 5-year revenue CAGR of N/A reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of N/A is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for LENZ.
Why does LENZ's quarterly revenue fluctuate?
LENZ quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. LENZ Therapeutics, Inc.'s revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is LENZ's revenue distributed by segment?
LENZ reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does LENZ's revenue compare to industry peers?
LENZ Therapeutics, Inc. (LENZ) with TTM revenue of $21M and N/A YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.