Revenue: As of FY2025 Q2, the actual value is USD 9.1 M.

EPS: As of FY2025 Q2, the actual value is USD -0.15.

EBIT: As of FY2025 Q2, the actual value is USD -32.24 M.

Segment Revenue

• Total Revenue: $9.1 million in Q2 2025, down from $17.4 million in Q2 2024, primarily due to reductions in licensing business and engineering services, offset by growth in CarbonSmart™ revenue.
• Licensing Revenue: $1.1 million in Q2 2025, compared to $8.5 million in Q2 2024.
• Engineering and Other Services Revenue: $1.9 million in Q2 2025, compared to $5.1 million in Q2 2024.
• JDA and Contract Research Revenue: $2.3 million in Q2 2025, compared to $2.8 million in Q2 2024.
• CarbonSmart Revenue: $3.8 million in Q2 2025, compared to $0.9 million in Q2 2024.

Operational Metrics

• Net Loss: - $32.5 million in Q2 2025, compared to - $27.8 million in Q2 2024.
• Adjusted EBITDA Loss: - $29.7 million in Q2 2025, compared to - $17.8 million in Q2 2024.
• Operating Expenses: $35.1 million in Q2 2025, compared to $34.7 million in Q2 2024.

Cash Flow

• Net Cash Used in Operating Activities: - $42.8 million for the six months ended June 30, 2025, compared to - $42.9 million for the same period in 2024.
• Net Cash Provided by Investing Activities: $11.5 million for the six months ended June 30, 2025, compared to $29.5 million for the same period in 2024.
• Net Cash Provided by Financing Activities: $25.6 million for the six months ended June 30, 2025, compared to $0.2 million for the same period in 2024.

Unique Metrics

• UK Government Grant Funding: £6.4 million grant awarded in July 2025 for the development of two commercial-scale Sustainable Aviation Fuel (SAF) facilities.

Outlook / Guidance

LanzaTech is focused on building a more efficient, scalable business with a path to profitability, prioritizing capital-light growth through licensing and partnerships. The company aims to play a critical role in aviation decarbonization by converting carbon waste into sustainable aviation fuel.