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Companies / Health Care / LENZ Therapeutics, Inc.
LENZ

LENZ Therapeutics, Inc.

Health CareBiological Products
Ticker LENZSOLANA BEACH, CAFiscal year ends DecemberBook value per share $6.12Diluted shares 31.4M

LENZ (Nasdaq: LENZ) is a commercial pharmaceutical company focused on developing and commercializing therapies to improve vision. Its lead product, VIZZ, is a once-daily prescription eye drop approved in the United States to treat presbyopia, an age-related loss of near vision; the company sells it to consumers… From the company’s description.

In fiscal 2025, LENZ Therapeutics, Inc. reported revenue of $19.09M and a net loss of $82.13M. Its operating margin was −477.5%, and operations used $69.17M in cash. Over the twelve months to Sep 30, 2026, revenue was $12.36M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$19.09MFY2025
Last 12 mo $12.36M
-477.46%FY2025
Last 12 mo -1211.17%
$-82.13MFY2025
−65.0% year over year
Last 12 mo $-140.27M
-28.88%FY2025
−4.5 percentage points
Last 12 mo -73.06%
Cash & financing
$-69.17MFY2025
−16.5% year over year
Last 12 mo $-127.63M
$-70.00MFY2025
−16.9% year over year
Last 12 mo $-127.70M
—
28.8MFY2025
+35.4% year over year
Last 12 mo 31.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What LENZ Therapeutics, Inc. does

In the company’s own words

LENZ (Nasdaq: LENZ) is a commercial pharmaceutical company focused on developing and commercializing therapies to improve vision. Its lead product, VIZZ, is a once-daily prescription eye drop approved in the United States to treat presbyopia, an age-related loss of near vision; the company sells it to consumers through retail pharmacies and an e-pharmacy partner and promotes it to optometrists and ophthalmologists. LENZ launched VIZZ in the United States in 2025 and is pursuing international licensing and distribution partnerships. It has agreements covering Greater China, South Korea and Southeast Asia, Canada, and nine Middle Eastern countries, and continues to seek partners in other markets. LENZ operates as a single business focused on VIZZ, with no reportable segments described. Its commercial activities target eye care professionals and presbyopes, and U.S. sales are made on a self-pay basis without third-party reimbursement. VIZZ contains aceclidine and is supplied in preservative-free, single-dose vials. The company’s fiscal year ends December 31; the provided filing text does not include a headline annual revenue or employee figure. Its website is www.lenz-tx.com.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
SOLANA BEACH, CA
Fiscal year end
December
CIK
1815776
SIC
2836

Financial performance, year by year

Fiscal 2021–2025 · USD
$-156.21M$-108.40M$-60.59M$-12.78M$35.02M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns LENZ Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

120
funds hold it
0 of 35
superinvestors hold it
$51.12M
held by funds, at market
23.7%
of shares held by funds

Largest fund holders · LENZ Therapeutics, Inc.’s weight in each

Fidelity Growth Company Fund
FDGRX · Fidelity Mt. Vernon Street Trust
—of fund net assets
0.44%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
PRIMECAP Odyssey Aggressive Growth Fund
POAGX · PRIMECAP Odyssey Funds
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do LENZ Therapeutics, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of LENZ Therapeutics, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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