LanzaTech Global, Inc. (LNZA) Revenue History
Annual and quarterly revenue from 2020 to 2024
Compound Annual Growth Rate (CAGR)
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LNZA Revenue Growth
Revenue Breakdown (FY 2024)
LNZA's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
LNZA Revenue Analysis (2020–2024)
As of May 8, 2026, LanzaTech Global, Inc. (LNZA) generated trailing twelve-month (TTM) revenue of $39.9 million, reflecting moderate decline in growth of -6.7% year-over-year. The most recent quarter (Q3 2025) recorded $9.3 million in revenue, up 2.1% sequentially.
Looking at the longer-term picture, LNZA's historical revenue data shows a 3-year CAGR of +24.9%. The company achieved its highest annual revenue of $62.6 million in 2023.
Revenue diversification analysis shows LNZA's business is primarily driven by Engineering and Other Services (47%), License and Service (27%), and Research And Development (25%).
When compared to Industrials sector peers including GEVO (+314.9% YoY), AMTX (-12.0% YoY), and LOOP (+8746.8% YoY), LNZA has underperformed the peer group in terms of revenue growth. Compare LNZA vs GEVO →
LNZA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LNZACurrent | $40M | -6.7% | - | -219.7% | |
 GEVO | $161M | +314.9% | +96.1% | -11.7% | |
 AMTX | $208M | -12.0% | +4.7% | -17.9% | |
 LOOP | $11M | +8746.8% | - | -52.6% | |
 OPAL | $349M | +16.3% | +24.3% | 1.4% | |
 LYB | $30.2B | -34.8% | +1.7% | -1.1% |
LNZA Historical Revenue Data (2020–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $49.6M | -20.8% | $23.6M | 47.6% | $-108,933,000 | -219.7% |
| 2023 | $62.6M | +67.7% | $17.7M | 28.2% | $-106,380,000 | -169.9% |
| 2022 | $37.3M | +46.7% | $9.1M | 24.3% | $-75,599,000 | -202.4% |
| 2021 | $25.5M | +38.7% | $10.2M | 40.2% | $-51,019,000 | -200.4% |
| 2020 | $18.4M | - | $6.8M | 36.8% | $-39,701,000 | -216.3% |
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Start ComparisonLNZA — Frequently Asked Questions
Quick answers to the most common questions about buying LNZA stock.
Is LNZA's revenue growth accelerating or slowing?
LNZA revenue declined -6.7% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $40M. This reverses the prior growth trend.
What is LNZA's long-term revenue growth rate?
LanzaTech Global, Inc.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -6.7% is below this long-term average.
How is LNZA's revenue distributed by segment?
LNZA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2024 are available for download. Segment mix reveals concentration and diversification trends.