<span item_type="fundamental" item_id="cd28c4c9a4c526cf7dff8e7a214788ed" counter_id="ST/US/LNZA" env="prod"></span><span item_type="announcement" item_id="584627960300444417" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 9.279 B, beating the estimate of USD 10.2 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD 0.99, beating the estimate of USD -12.42.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -15.97 B.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Revenue</h4><ul><li><strong>Total Revenue</strong>: $9.3 million for the three months ended September 30, 2025, compared to $9.9 million for the same period in 2024, representing a decrease of 7%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>Total Revenue</strong>: $27.8 million for the nine months ended September 30, 2025, compared to $37.6 million for the same period in 2024, representing a decrease of 26%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul><h4>Cost of Revenue</h4><ul><li><strong>Cost of Revenue</strong>: $6.9 million for the three months ended September 30, 2025, compared to $8.1 million for the same period in 2024, representing a decrease of 15%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>Cost of Revenue</strong>: $20.7 million for the nine months ended September 30, 2025, compared to $20.4 million for the same period in 2024, representing an increase of 1%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul><h4>Operating Expenses</h4><ul><li><strong>Research and Development (R&amp;D) Expense</strong>: $10.3 million for the three months ended September 30, 2025, compared to $22.0 million for the same period in 2024, representing a decrease of 53%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>R&amp;D Expense</strong>: $41.7 million for the nine months ended September 30, 2025, compared to $60.5 million for the same period in 2024, representing a decrease of 31%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>Selling, General and Administrative (SG&amp;A) Expense</strong>: $6.7 million for the three months ended September 30, 2025, compared to $11.5 million for the same period in 2024, representing a decrease of 41%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>SG&amp;A Expense</strong>: $41.6 million for the nine months ended September 30, 2025, compared to $34.2 million for the same period in 2024, representing an increase of 21%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul><h4>Other Income (Expense)</h4><ul><li><strong>Other Income (Expense), Net</strong>: $18.7 million for the three months ended September 30, 2025, compared to - $18.9 million for the same period in 2024, representing an increase of 199%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>Other Income (Expense), Net</strong>: $40.1 million for the nine months ended September 30, 2025, compared to - $20.9 million for the same period in 2024, representing an increase of 292%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul><h4>Net Income (Loss)</h4><ul><li><strong>Net Income (Loss)</strong>: $2.9 million for the three months ended September 30, 2025, compared to - $57.4 million for the same period in 2024, representing an increase of 105%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>Net Income (Loss)</strong>: - $48.9 million for the nine months ended September 30, 2025, compared to - $110.7 million for the same period in 2024, representing an increase of 56%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul><h4>Cash Flow</h4><ul><li><strong>Net Cash Used in Operating Activities</strong>: - $58.7 million for the nine months ended September 30, 2025, compared to - $69.4 million for the same period in 2024, representing a decrease of 15%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>Net Cash Provided by Investing Activities</strong>: $11.4 million for the nine months ended September 30, 2025, compared to $14.1 million for the same period in 2024, representing a decrease of 19%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: $25.6 million for the nine months ended September 30, 2025, compared to $40.2 million for the same period in 2024, representing a decrease of 36%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><h4>Core Business Focus</h4><ul><li><strong>Strategic Actions</strong>: LanzaTech is focusing on streamlining its business priorities, taking actions to reduce its cost structure, and evaluating other liquidity-enhancing initiatives, including pursuing capital raising, partnership or asset-related opportunities, and other strategic options.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li><li><strong>Cohort-Based Operating Model</strong>: LanzaTech introduced a cohort-based operating model to guide the phased deployment of commercial projects, aiming to systematically de-risk execution, align resources and capital allocation, and build revenue visibility as each cohort advances into operations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul><h4>Non-Core Business</h4><ul><li><strong>Government Shutdown Risk</strong>: The company acknowledges the risk of delays in critical DOE-dependent project milestones in the event of a prolonged federal government shutdown, which could shift expected revenue recognition from project services, equipment sales, or offtake-linked products.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul><h4>Priority</h4><ul><li><strong>Financing</strong>: Obtaining additional financing, including an Other Financing, remains essential to LanzaTech’s efforts to continue operations and execute its business plan.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053255/lnza-20250930.htm"></span></li></ul>

LanzaTech Global | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 9.279 B