Is LanzaTech Global going out of business?

LanzaTech Global, Inc. (LNZA) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

LanzaTech Global, Inc. (LNZA) scores 28 out of 100 on fundamentals, Distressed / Caution, based on SEC filing data.

Leading signal: ROE quality: -18.78%

Five questions, kept separate

Survival - Fragile

6-10 mo of estimated runway from 2026-06-30, based on $45.0M of cash and short-term investments against $66.1M of annual burn.

Business quality - Poor

-141.7% operating margin and -118.4% FCF margin produce a poor Business Quality assessment.

Trajectory - Accelerating

Revenue, operating margin and cash margin improved together. Revenue improved 43.8%; operating margin improved 243.1pp; FCF margin improved 245.5pp. The TTM window includes a mixed-basis Q4 estimate.

Valuation - Extreme expectations

-117.7% normalized FCF yield supports an extreme expectations Valuation assessment on the annual basis.

Event risk - Evidence unavailable

No active asserted adverse event was found in the available filing evidence. The filing evidence is stale or incomplete, so this is not proof of absence.

What the rules read

• Debt / Equity: -0.06x (Net Cash)
• ROE quality: -18.78%
• ROIC: -41.69%
• FCF margin: -118.38%
• Net income trend: 667.11% (Loss narrowing)
• Revenue CAGR (3Y): 14.36%
• R&D intensity: 29.06%
• Revenue growth YoY: -0.77% (Industrial YoY)
• Return on Assets: -15.17%
• Debt Maturity Runway: 100% long-term (Long-term focused)
• Asset Efficiency: 0.17x
• Cash Burn Deceleration: -62.87% QoQ improvement (Worsening)

Read from filings through 2026-08-14.

Price as of 2026-09-11.