LENZ Therapeutics, Inc.

LENZ Healthcare Biotechnology

LENZ Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $19.1 million.

Revenue
−72.9%
EPS
−67.1%
Free cash flow
−147.2%

Quarter to September 2026, against a year earlier

3.47 0.46 +15.28%
Market cap
$94.6M
P/E
0.0×
Fwd P/E
−0.8×
Dividend yield
0.00%
F-score
n/a
Altman Z
11.98
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.37
Sold, $m 9.13
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — 3 — — — — — — — —
Sell — — — — — — — — — — 1 —
Insider Ownership 13.53%

Capital & Financial Ratios $m

Size
Market Cap 94.58
Revenue ttm 12.36
Net income ttm (140.27)
Free cash flow ttm (127.70)
Net debt Q (197.30)
Valuation
P/E 0.00
Forward P/E (0.76) (negative: loss-making)
Price / sales 8.82
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.57
Financial health
Current ratio Q 11.66 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q −72.93% (below 0%: shrinking)
Operating income growth Q −74.29% (below 0%: shrinking)
EPS, this year −44.65% (below 0%: weak)
EPS, next year A +71.09% (at or above 15%: strong)
Revenue, next year A −25.24% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +38.19% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/B against its own 10 years 39.53%
10-year low 10-year high
EV/FCF against its own 10 years 19.10%
10-year low 10-year high

Dividends

Yield
0.00%
Annual rate
0.00
Payout ratio
—
Growth, 2024–25
−100.0%/yr
  1. 1.03 ’24
  2. 0.00 ’25 −100
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 66 209 292 197
Receivables — — 0 1
Inventory — — 3 5
Other — — — —
67 212 301 207
2023 2024 2025 Q'26
Payables 6 4 4 6
ST’ Debt — — — —
Other — — — —
19 10 21 18

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (1.36%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (1.32) (1.02) (0.99) — —
’25 (0.53) (0.53) (0.59) (1.16) (2.85)
’24 (3.53) (0.40) (0.38) (0.46) (2.34)
’23 (6.49) (6.79) (9.62) (12.07) (35.72)
’22 (3.36) (3.36) (3.15) (3.08) (12.88)
’21 (40.27) (24.14) (1.96) (2.45) (17.14)
’20 0.00 (3.94) (7.00) — (209.49)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 2 5 3 — —
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (34) (39) (22) — —
’25 (16) (12) (9) (33) (69)
’24 (24) (16) (11) (9) (59)
’23 (13) (14) (13) (21) (60)
’22 (21) (22) (22) (22) (88)
’21 (8) (14) (15) (16) (53)
’20 0 (1) (2) (5) (9)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (34) (39) (22) — —
’25 (16) (12) (9) (33) (70)
’24 (24) (16) (11) (9) (60)
’23 (13) (14) (13) (21) (60)
’22 (25) (23) (23) (23) (95)
’21 (8) (15) (19) (17) (59)
’20 0 (1) (3) (6) (10)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — — 19 12 — 14 34 84 +64.0%
Gross margin, % — — — — 0.00 0.00 0.00 — — 97.81 85.35 +97.8 pt
EBT — — — 0 (68) (71) (101) (70) (50) (82) (140) +201.3%
EBT margin, % — — — 0.00 0.00 0.00 0.00 0.00 0.00 (427.62) (1,134.93) (427.6) pt
Net income — 0 — 0 (68) (71) (101) (70) (50) (82) (140) n/m
Per share, $
Per share, $ Revenue — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.66 0.39 n/m
Earnings — — — 0.00 (209.49) (17.14) (12.88) (35.72) (2.34) (2.85) (4.49) n/m
Cash flow — — — 0.00 (26.72) (12.79) (11.22) (30.82) (2.79) (2.40) (4.06) n/m
Capex — — — 0.00 (4.73) (1.39) (0.84) (0.02) (0.02) (0.03) 0.00 n/m
Free cash flow — — — 0.00 (31.45) (14.18) (12.06) (30.84) (2.81) (2.43) (4.06) n/m
Book value — — — 0.00 (200.39) 92.93 37.79 (47.33) 9.59 9.87 6.11 n/m
Shares, m — — — 0 0 4 8 2 21 29 31 n/m
Valuation, ×
Valuation, × P/E — — — — — — — — — 0.00 0.00 —
P/S — — — — — — — — — 0.00 8.82 —
P/B — — — — — — — — — 1.62 0.57 —
EV/Sales — — — — — — — — — 0.00 (6.96) —
EV/FCF — — — — — — — — — (2.44) 0.67 —
Cash, $m
Cash, $m Operating cash flow — — — 0 (9) (53) (88) (60) (59) (69) (128) +292.2%
Capex — — — — (2) (6) (7) 0 0 (1) 0 (11.7%)
Free cash flow — — — 0 (10) (59) (95) (60) (60) (70) (128) +293.0%
Balance, $m
Balance, $m Working capital — — — (2) (11) 370 262 49 202 280 189 n/m
Net debt — — — 2 (20) (377) (268) (66) (209) (292) (197) n/m
Shareholders’ equity — — — (2) (65) 384 296 (93) 204 284 192 n/m
Returns, %
Returns, % ROA — — — (3,633.33) (605.88) (33.33) (27.92) (35.67) (34.84) (31.52) (66.72) +3,601.8 pt
ROIC — — — 0.00 0.00 (534.02) (235.28) 0.00 0.00 0.00 0.00 0.0 pt
ROE — — — 0.32 202.21 (44.41) (29.71) (68.74) (89.37) (33.63) (72.69) (33.9) pt
People
People Employees — — — — 27 69 120 6 42 152 — +41.3%
Revenue/emp, $m — — — — 0.00 0.00 0.00 0.00 0.00 0.13 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

LENZ Therapeutics, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NRXP NRx Pharmaceuticals, Inc. $98.3M — (loss-making) — (loss-making) — n/m −142.60% (below 0%: shrinking) 38.69% (590.83%) Compare
UNCY Unicycive Therapeutics, Inc. $96.9M — (loss-making) — (loss-making) — n/m +9.77% (above 0%: growing) 0.00% 0.00% Compare
PMVP PMV Pharmaceuticals, Inc. $96.3M — (loss-making) — — n/m +20.27% (above 0%: growing) 0.00% 0.00% Compare
BDTX Black Diamond Therapeutics, Inc. $95.4M — (loss-making) — (loss-making) — n/m +12.91% (above 0%: growing) 100.00% 0.00% Compare
LENZ LENZ Therapeutics, Inc. $94.6M — (loss-making) — (loss-making) −72.93% (below 0%: shrinking) n/m −147.16% (below 0%: shrinking) 86.58% (972.75%)
VANI Vivani Medical, Inc. $93.8M — (loss-making) — (loss-making) −71.87% (below 0%: shrinking) n/m +0.39% (above 0%: growing) 0.00% 0.00% Compare
VXRT VAXART, INC. $92.4M 2.8× — (loss-making) −85.33% (below 0%: shrinking) n/m −57.23% (below 0%: shrinking) 100.00% (162.74%) Compare
NMRA Neumora Therapeutics, Inc. $91.5M — (loss-making) — — n/m +24.45% (above 0%: growing) 0.00% 0.00% Compare
ICCC ImmuCell Corporation $90.4M 117× — (loss-making) +11.50% (above 0%: growing) +233.33% (above 0%: growing) +54.86% (above 0%: growing) 33.92% 26.93% Compare
Median of peers $94.6M — — −71.87% — +11.34% 16.96% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 28 April 2026

Ownership

Directors and executive officers, together 8.30%
Entities affiliated with RA Capital Management 13.70%
FMR LLC 11.80%
Alpha Wave Ventures II, LP 11.50%
Entities affiliated with Versant Ventures 8.70%
BlackRock, Inc. 5.80%
Entities affiliated with Squarepoint Capital 5.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

LENZ Therapeutics, Inc. (LENZ) Latest News

2 Nov

Impact 4 · · The Motley Fool transcript

30 Oct

29 Oct

Impact 4 · · MarketBeat

8 Jun

Impact 3 · · Proactive Investors

1 Apr

Impact 3 · · Simply Wall St.

27 Mar

Impact 3 · · The Motley Fool

25 Mar

stockrow.com/LENZ · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com