LENZ Therapeutics (LENZ)

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LENZ Therapeutics, Inc. is a clinical and commercial-stage ophthalmology company focused on medicines that address common vision disorders. The company’s lead product is VIZZ, an aceclidine ophthalmic solution designed as a once-daily eye drop for adults with presbyopia, the age-related loss of near vision that typically becomes noticeable in middle age. Presbyopia is a large market because it affects everyday activities such as reading, phone use, and close-up work, and many people currently rely on reading glasses or multifocal contact lenses.

VIZZ is built around aceclidine, a miotic agent that constricts the pupil to improve depth of focus and help restore near vision. LENZ positions the product as differentiated because aceclidine acts primarily on the iris and is intended to produce pupil-selective effects with limited stimulation of the ciliary muscle. This distinction matters in the presbyopia category, where tolerability, duration of effect, and visual quality are important factors for patient adoption.

The company’s strategy centers on developing and commercializing ophthalmic pharmaceutical products that can be used conveniently and fit into daily routines. Its business depends on clinical execution, regulatory progress, physician and patient awareness, and market uptake in eye care channels. As a listed biotechnology company, LENZ combines the risk profile of drug development with the commercial opportunity of a potentially broad consumer-facing vision treatment market.

7.08 USD
+0.10 (+1.36%)

Last updated

Market Cap
219.79M
P/E
P/FCF
P/S
10.47
Enterprise Value
195.02M
Sector
Health Care
Industry
Biological Products, Except Diagnostic Substances
Address
201 LOMAS SANTA FE DRIVE, SUITE 300, SOLANA BEACH, CA, 92075
Market Cap
219.79M
Enterprise Value
195.02M
P/E
P/B
0.89
P/S
10.47
EV / EBITDA
-1.65
EV / Sales
9.29
EPS
-3.47
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-87.44M
ROE
-44.2%
ROA
-39.98%
Debt / Equity
0
Current Ratio
10.4
Quick Ratio
10.26
Cash
0.96
Avg Volume
879.18K
Fundamentals Snapshot Price
7.01

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 1.9M 1.59M 12.5M 5M
Gross profit 825K 1.17M 12.5M 5M
Operating income -44.14M -38.46M -18.89M -16.86M -16.93M
EBITDA -44.02M -38.36M -18.76M -16.84M -16.9M
Net income -41.49M -35.85M -16.7M -14.91M -14.62M
Basic EPS -1.32 -1.2 -0.59 -0.53 -0.53
Diluted EPS -1.32 -1.2 -0.59 -0.53 -0.53

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 272.54M 305.88M 210.7M 217.33M 201.25M
Total liabilities 26.04M 21.54M 16.78M 10.97M 9.24M
Total equity 246.49M 284.34M 193.93M 206.37M 192.01M
Cash & equivalents 24.77M 25.18M 25.4M 37.61M 23.04M
Current assets 268.37M 301.41M 207M 213.49M 197.75M
Current liabilities 25.81M 21.19M 16.32M 10.4M 8.57M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -33.58M -33.03M -8.59M -11.51M -16.05M
Investing cash flow 33.16M -89.81M -4.33M -414K 18.89M
Financing cash flow 14K 122.62M 598K 26.49M 44K
Change in cash -407K -220K -12.32M 14.57M 2.88M
Kind Filing Date Link
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edgar index 8-K — LENZ Therapeutics, Inc. View Filing
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edgar index SCHEDULE 13G/A — LENZ Therapeutics, Inc. View Filing
edgar index 8-K — LENZ Therapeutics, Inc. View Filing
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edgar index 4 — LENZ Therapeutics, Inc. View Filing
edgar index 4 — LENZ Therapeutics, Inc. View Filing
edgar index 4 — LENZ Therapeutics, Inc. View Filing
form 4 Form 4 — Chevallard Daniel R. View Filing
form 4 Form 4 — Chevallard Daniel R. View Filing
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edgar index 8-K — LENZ Therapeutics, Inc. View Filing
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edgar index 4 — LENZ Therapeutics, Inc. View Filing
edgar index SCHEDULE 13G — LENZ Therapeutics, Inc. View Filing
edgar index SCHEDULE 13D/A — LENZ Therapeutics, Inc. View Filing
edgar index 4 — LENZ Therapeutics, Inc. View Filing
form 4 Form 4 — Chevallard Daniel R. View Filing
form 4 Form 4 — Chevallard Daniel R. View Filing
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form 4 Form 4 — MCCOLLUM JAMES W View Filing
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edgar index 8-K — LENZ Therapeutics, Inc. View Filing
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edgar index 4 — LENZ Therapeutics, Inc. View Filing
edgar index 8-K — LENZ Therapeutics, Inc. View Filing
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