LanzaTech Global reports Q2 revenue of $9 million, cuts costs
LanzaTech Global reported Q2 2026 revenue of $9 million, said operating expenses fell to $11.7 million from $35.1 million, and posted an adjusted EBITDA loss of $7.5 million.
On Friday, LanzaTech Global (NASDAQ: LNZA ) discussed second-quarter financial results during its earnings call.
The full transcript is provided below.
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The full earnings call is available at Summary LanzaTech Global Inc. reported Q2 2026 revenue of $9 million, consistent with last year, with significant cost reductions leading to an improved adjusted EBITDA loss of $7.5 million from $29.7 million in 2025.
The company is transitioning from an R&D-led model to project development and commercialization, achieving substantial operating expense reductions from $35.1 million to $11.7 million year-over-year.
Key strategic initiatives include pursuing ISCC EU certification for their first plant in China, which is critical for accessing European and UK regulated fuel markets.
Project updates highlight progress in SAF facility site selection in Belgium, reinforcing LanzaTech Global's expansion across various geographies and feedstock pathways.
Financial guidance for 2026 expects revenue between $50 to $55 million and an adjusted EBITDA loss of $22 to $26 million, reflecting disciplined cost management and strategic project advancements.
Full Transcript OPERATOR If you need assistance at any time, please press star zero and a member of our team will be happy to help you.
Good day, everyone, and welcome to LanzaTech Global Inc. second quarter 2026 earnings conference call.
At this time all participants are in a listen-only mode.
Later in the call there will be a question-and-answer session.
If you would like to ask a question, please press the star and the one on your telephone keypad.
Also, today's call is being recorded, and I'll be standing by should you need any assistance.
At this time I will turn things over to Joe Caminiti, LanzaTech Global Investor Relations team.
Please go ahead.
Joseph Caminiti, Investor Relations Thank you, Operator.
Good morning, everyone, and thanks for joining us.
I'm Joseph Caminiti with LanzaTech Global Inc.'s Investor Relations team, and I'd like to thank you for attending today's earnings call and business update.
Earlier this morning we issued a press release announcing our financial and operating results for the second quarter ended June 30, 2026, which has been posted to the Investor Relations section of our website, lanzatech.com.
If anyone needs a copy of the press release, you may contact Alpha IR at group@lnza-ir.com.
Joining us from LanzaTech's management today are Jennifer Holmgren, Chief Executive Officer, and Sushmita Koyanagi, Chief Financial Officer.
Before we begin, I'd ask that you take note of the cautionary language regarding forward-looking statements contained in today's press release and in the Risk Factors section in the company's annual report on Form 10-Q for the fiscal second quarter ended June 30, 2026.
The same language applies to comments made on today's conference call, including the Q&A session, as well as the live webcast.
Please note that the company's actual results may differ from those anticipated by such forward-looking statements for a variety of reasons, many of which are beyond our control.
Please see our recent filings with the Securities and Exchange Commission, which identify the principal risks and uncertainties that could affect our business prospects and future results.
Unless required by law, we assume no obligation to update publicly any forward-looking statements.
In addition, we will be discussing and providing certain non-GAAP financial measures today, including adjusted EBITDA.
Please see our earnings release and our filings for a reconciliation of these non-GAAP measures to their most directly comparable GAAP measures.
With that, I'll turn the call over to Jennifer.
Jennifer Holmgren, CEO Thank you and good morning, everyone.
Before Sushmita walks you through the numbers in detail, I want to take a few minutes to put our second quarter in context.
As you can see on Slide 3, Q2 reflects a meaningful transformation in the business with the clearest signs of progress showing up in our revenue stability, lower operating expense base, and improved adjusted EBITDA.
Q2 reflects real progress against the actions we've been taking to reshape LanzaTech Global for the current market.
Over the past year, we've made deliberate, sometimes difficult decisions to restructure our business as we transition from an R&D-led model towards project development, ownership, and commercialization.