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LanzaTech Global $LNZA Read from its own SEC filings · nothing written, nothing inferred

🫧 Edgar looked up LanzaTech Global, Inc. ($LNZA). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-10-20. 15 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2026-04-17.

🔖 Exposure: revenue $55.8M (FY2025). Experience: revenue up 12.6% on the year, up 14.4% a year over 3 years; operating margin -141.7%, up from -219.7%. Soundness: equity -3.9% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $33.7M and $109.7M next year (method v4.1: its own 3-year record of growth weighed at 40% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $35.3M to $105.3M. A statistical range, not company guidance. Against peers (13 filers, $50M+ revenue, industrial organic chemicals): operating margin -141.7% against a -3.2% median; growth 12.6% against -3.5%.

Next year, 80%$34M–$110M
Growth, on the year12.6%
Operating margin−141.7%
Equity of assets−3.9%
Credibility40%
LanzaTech Global, Inc. against its own record and its peers
Operating marginPeer median -3.2%-141.7%Revenue, on the yearPeer median -3.5%12.6%Equity of assetsPeer median 52.0%-3.9%Gold tick: the median of 12–12 peers with $50M+ revenue in industrial organic chemicals

Speed and cash · fiscal 2025

Cash Compass⚡ Fast, cash not yet · growing fast, but little cash arriving so far
Inside viewTurns -116.1% of revenue into operating cash; revenue growing 14.4% a year over three years; no common dividend; liabilities exceed assets.
Outside viewAmong $50M-100M companies: 8th percentile for cash, 67th for growth. cash growth

Both views must agree for a label · a description, not advice.

Cash flow (op · inv · fin · free)−$65M · $11M · $26M · −$66M
Investment book (cash · short · long)$13M · — · — · current ratio 1.43
Revenue swing · equity of assets37.5% · -3.9%

LanzaTech Global is growing faster than its size class, with revenue that swings more. Its own audited SEC figures.

The figures, as filed

Fiscal year end2025-12-31
Revenue$56M
Revenue, on the year12.6%
Revenue, a year over the record14.4%
Operating margin−141.7%
Operating margin, prior year−219.7%
Net margin−87.7%
Research and development$53M · 95.2% of revenue
Total debt—
Equity of assets−3.9%
Return on equity—
Payout of profit—
Dividend per share—
Earnings per share$-22.27
Book value per share$-1.77
Revenue per share$25.41
Shares outstanding2,197,935
Audited years read4

Peers: the median of 13 filers with $50M+ revenue in industrial organic chemicals.

Classic signals · fiscal 2025Altman Z″ -37.71 distress zone 1968Piotroski F 3 of 9 middling 2000Beneish M not enough filed detail (needs receivables, cost of revenue, PP&E, depreciation, SG&A for two years)Sloan accruals 11.6% earnings ahead of cash 1996DuPont ROE -1024.6% = margin -87.7% × turns 0.41 × leverage 28.77

What a terminal subscription used to buy, a filing and arithmetic now give anyone. Published method, from the same filings. Display only: nothing here moves the range or its receipt. Why? →

Health HarborLanzaTech Global sails as: Rotting at the dock

Health watch · 12 monthsLate quarterly report noticeAuditor changeDirector or officer change

Tied up at the dock.

🌊 Visit the Bay →
  • filed late quarterly report notice, auditor change in the last 12 months
  • liabilities exceed assets (often from years of share buybacks, not always distress)
  • operating cash flow was negative
  • revenue is hard to predict: its 80% range is ±53%

Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.

Recent filings

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company

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Data & Disclosure Notice: Edgar and Edgarette are automated software. Every figure on this page is calculated by software from public filings made by companies and funds with the U.S. Securities and Exchange Commission (EDGAR) and is published without individual human review. The accuracy and completeness of those filings are the responsibility of the filers; reports can contain errors and can be amended. Figures are shown as filed and as of each filing's date, and this page may be corrected or updated without notice. Ranges, expected returns, rankings, boats and other measures are statistical descriptions of past filings, not ratings, price forecasts, company guidance or recommendations; past results do not guarantee future results. This is general information published for all readers, not advice tailored to any person's portfolio, needs or circumstances, and nothing here is financial, investment, actuarial, legal, tax or other professional advice. Actuaries and other professionals who use these figures remain responsible for reviewing them for reasonableness and consistency against the original filings and for disclosing their reliance on them. No company, fund or reinsurer pays to be included or ranked. Provided as is, without warranty of any kind. Not affiliated with or endorsed by the SEC or by any company, fund or reinsurer named. All trademarks remain the property of their owners.