Wave Life Sciences Ltd. logo
Wave Life Sciences Ltd. WVE
$ 3.95 2.23%
report update icon

Quarterly report 2026-Q2
added 07-30-2026

Wave Life Sciences Ltd. Income Statement 2025-2011 | WVE

Brief overview of income trends at Wave Life Sciences Ltd.

This overview is based on financial performance over the past five years. According to figures from Wave Life Sciences Ltd., revenue changed from $20.1 million to $42.7 million over five years. Overall revenue changed by +112.8%, equal to an annualized rate of about 16.3%. Revenue followed a strong upward trend without signs of stagnation.

The five-year EBITDA result moved by −47.8%: from −$143 million to −$212 million. The operating result developed less favorably than sales. At the operating-margin level, the figure shifted from −714.2% to −496%. The company improved its ability to convert sales into EBITDA.

The net financial result changed from −$150 million to −$204 million. The negative result deepened, showing weaker final efficiency.

Market value was $358 million at the start and $2.6 billion at the end. The higher valuation contrasts with weaker financial performance.

What the figures show

Positive developments coexist with areas of weakness. The constructive conclusion rests on positive operating leverage and a larger revenue base. The weaker side of the profile includes declining net profitability and a narrow EBITDA buffer. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement Wave Life Sciences Ltd.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

2.6 B 1.59 B 649 M 313 M 113 M 358 M 242 B 1.05 T 1.06 T 660 B 142 B - - - -

Shares

169 M 138 M 106 M 78.9 M 51.8 M 35.2 M 33.9 B 29 B 26.5 B 22.8 B 10.5 B - - - -

Historical Prices

15.4 11.5 6.12 3.97 2.19 10.2 7.1 37.2 40 28.8 13.5 - - - -

Net Income

-204 M -97 M -57.5 M -162 M -122 M -150 M -194 M -147 M -102 M -55.7 M -19.2 M -5.23 M -3.32 M - -

Revenue

42.7 M 108 M 113 M 3.65 M 41 M 20.1 M 16 M 14.4 M 3.89 M 1.09 M 152 K - - - -

Gross Profit

- - - - - - 16 M 14.4 M 3.89 M 1.09 M 152 K - - - -

Operating Income

-215 M -110 M -68 M -163 M -127 M -153 M -208 M -160 M -102 M -55.7 M -19.3 M -5.39 M -3.57 M - -

Interest Expense

527 K 3.23 M 1.88 M 7 K 4.54 M 2.06 M 9.74 M 9.55 M -331 K -50 K 56 K 261 K 37 K - -

EBITDA

-212 M -107 M -63 M -156 M -120 M -143 M -201 M -154 M -100 M -54.9 M -18.7 M -4.85 M -3.3 M - -

Operating Expenses

258 M 219 M 181 M 166 M 168 M 173 M 224 M 174 M 106 M 56.8 M 19.4 M - - - -

General and Administrative Expenses

75.3 M 59 M 51.3 M 50.5 M 46.1 M 42.5 M 48.9 M 39.5 M 27 M 16 M 10.4 M 3 M 1.65 M - -

All numbers in USD currency

Quarterly Income Statement Wave Life Sciences Ltd.

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

204 M 200 M 188 M 168 M 164 M 163 M 153 M 133 M 130 M 129 M 119 M 106 M 105 M 102 M 86.9 M 93.9 M 66.5 M 60.5 M 59.8 M 50.7 M 50 M 49.1 M 48.8 M 38.4 M 35.2 M 34.5 M 34.3 M 34.3 M 34.3 M 32.6 M 29.5 M 29.3 M 29.1 M 27.9 M 27.8 M 27.8 M 26.9 M 23.5 M 23.5 M 23.4 M 22.7 M 21.6 M 21.6 M 9.22 M 9.22 M 8.27 M 4.26 M 4.26 M - - - - - - - - - - - - - -

Net Income

-69.4 M -26.1 M - -53.9 M -50.5 M -46.9 M - -61.8 M -32.9 M -31.6 M - 7.25 M -21.1 M -27.4 M - -39 M -41.3 M -37.8 M - -6.23 M -38.8 M -42.5 M - -33.1 M -40.5 M -47.5 M -56.8 M -50.7 M -41.9 M -44.2 M -37.9 M -37.6 M -35.9 M -35.2 M -30.8 M -25.5 M -24.6 M -21.1 M -18.5 M -17.5 M -11.6 M -7.85 M -7.1 M -4.94 M -3.7 M -3.46 M -1.75 M -1.36 M -1.72 M -400 K - - - - - - - - - - - -

Revenue

2.27 M 38.2 M - - 8.7 M 9.18 M - - 19.7 M 12.5 M - 49.2 M 22.1 M 12.9 M - 285 K 375 K 1.75 M - 36.4 M 2.78 M - - 3.45 M 3.03 M 4.16 M 2.4 M 2.93 M 7.63 M 3.03 M 3.62 M 4.49 M 4.88 M 1.42 M 1.68 M 676 K 676 K 383 K 676 K 392 K 417 K - - 152 K 126 K 26 K - - - - - - - - - - - - - - - -

Operating Income

-73.8 M -31.3 M - -56.4 M -52.8 M -49.8 M - -63.9 M -35 M -34.5 M - 4.44 M -23.5 M -30.3 M - -38.9 M -42.2 M -38.1 M - -7.61 M -39.8 M -43.5 M - -34.4 M -38.7 M -50 M -60.5 M -54.2 M -45.6 M -48 M -48.9 M -38.2 M -36.6 M -35.8 M -31.2 M -26.4 M -24.7 M -20.2 M -18.5 M -17.2 M -11.6 M -7.95 M -7.21 M -4.99 M -3.63 M -3.46 M - -1.35 M - - - - - - - - - - - - - -

Interest Expense

-275 K -80 K - 324 K -82 K 51 K - 337 K -18 K 365 K - 171 K 118 K 1.01 M - -701 K 744 K 254 K - 1.37 M 1.05 M 996 K - 1.29 M -2 M 2.11 M - 2.24 M 2.12 M 2.35 M - -468 K -259 K 343 K - -75 K -64 K -72 K - -36 K 15 K -4 K - 112 K -7 K 50 K - 25 K - - - - - - - - - - - - - -

EBITDA

-72.1 M -30.5 M - - - -48.9 M - - - -33.4 M - - - -28.9 M - -33.8 M -38.7 M -36.4 M - -1.9 M -36 M -41.5 M - -28.3 M -34.6 M -48 M -60.5 M -48.6 M -42 M -46.2 M -48.9 M -34.4 M -34.2 M -34.6 M -31.2 M -25.1 M -24 M -19.9 M -18.5 M -16.7 M -11.3 M -7.8 M -7.21 M -4.71 M -3.45 M -3.38 M - -1.26 M - - - - - - - - - - - - - -

Operating Expenses

76.1 M 69.5 M - 64 M 61.5 M 59 M - 56.2 M 54.7 M 47 M - 44.8 M 45.6 M 43.2 M - 39.2 M 42.5 M 39.8 M - 44 M 42.6 M 43.5 M - 37.9 M 41.7 M 54.2 M 62.9 M 57.1 M 53.2 M 51 M 52.6 M 42.7 M 41.5 M 37.2 M 32.3 M 27.7 M 25.8 M 20.6 M 19.2 M 17.6 M 12.1 M 7.95 M 7.21 M 4.99 M 3.76 M 3.49 M 1.78 M 1.35 M 1.29 M 968 K - - - - - - - - - - - -

General and Administrative Expenses

24.8 M 22.1 M - 18.1 M 18 M 18.4 M - 15 M 14.3 M 13.5 M - 13.1 M 12.3 M 12.2 M - 11.6 M 12.8 M 12.4 M - 12.9 M 11 M 10.1 M - 9.59 M 10.2 M 13 M - 12.5 M 11.6 M 10.9 M - 9.85 M 8.9 M 8 M - 7.57 M 6.67 M 5.85 M - 3.94 M 3.65 M 3.22 M - 2.86 M 1.9 M 1.88 M - 769 K - - - - - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company Wave Life Sciences Ltd. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Biotechnology industry

Issuer Price % 24h Market Cap Country
ADC Therapeutics SA ADC Therapeutics SA
ADCT
$ 1.31 6.5 % $ 166 M schweizSchweiz
ADMA Biologics ADMA Biologics
ADMA
$ 9.7 3.21 % $ 2.31 B usaUSA
Adaptive Biotechnologies Corporation Adaptive Biotechnologies Corporation
ADPT
$ 27.89 0.3 % $ 4.23 B usaUSA
Arcturus Therapeutics Holdings Arcturus Therapeutics Holdings
ARCT
$ 13.3 1.06 % $ 364 M israelIsrael
AbbVie AbbVie
ABBV
$ 265.08 0.02 % $ 469 B usaUSA
Axsome Therapeutics Axsome Therapeutics
AXSM
$ 193.45 0.24 % $ 9.62 B usaUSA
Aytu BioScience Aytu BioScience
AYTU
$ 2.28 2.24 % $ 28.1 M usaUSA
Adagene Adagene
ADAG
$ 2.97 0.62 % $ 175 M chinaChina
Abeona Therapeutics Abeona Therapeutics
ABEO
$ 5.53 2.65 % $ 293 M usaUSA
Adial Pharmaceuticals Adial Pharmaceuticals
ADIL
$ 4.04 0.24 % $ 2.7 M usaUSA
Evelo Biosciences Evelo Biosciences
EVLO
- -14.46 % $ 27.9 M usaUSA
BioMarin Pharmaceutical BioMarin Pharmaceutical
BMRN
$ 62.21 0.06 % $ 11.9 B usaUSA
Arbutus Biopharma Corporation Arbutus Biopharma Corporation
ABUS
$ 4.85 0.2 % $ 929 M canadaCanada
Can-Fite BioPharma Ltd. Can-Fite BioPharma Ltd.
CANF
$ 2.16 0.45 % $ 3.56 M israelIsrael
Achieve Life Sciences Achieve Life Sciences
ACHV
$ 7.83 0.87 % $ 341 M usaUSA
Catalyst Biosciences Catalyst Biosciences
CBIO
$ 14.19 1.17 % $ 1.27 B usaUSA
Amryt Pharma plc Amryt Pharma plc
AMYT
- - $ 621 M britainBritain
C4 Therapeutics C4 Therapeutics
CCCC
$ 3.08 0.3 % $ 255 M usaUSA
Codexis Codexis
CDXS
$ 1.38 0.72 % $ 120 M usaUSA
Allakos Allakos
ALLK
- - $ 28.6 M usaUSA
Cerus Corporation Cerus Corporation
CERS
$ 2.6 4.3 % $ 496 M usaUSA
Coherus BioSciences Coherus BioSciences
CHRS
$ 1.26 1.48 % $ 148 M usaUSA
Celldex Therapeutics Celldex Therapeutics
CLDX
$ 31.12 0.28 % $ 2.07 B usaUSA
CollPlant Biotechnologies Ltd. CollPlant Biotechnologies Ltd.
CLGN
$ 4.04 4.94 % $ 49.3 M israelIsrael
AbCellera Biologics AbCellera Biologics
ABCL
$ 12.31 0.12 % $ 3.68 B canadaCanada
Aclaris Therapeutics Aclaris Therapeutics
ACRS
$ 5.26 2.69 % $ 645 M usaUSA
Фармсинтез Фармсинтез
LIFE
- - - russiaRussia
Clovis Oncology Clovis Oncology
CLVS
- -7.23 % $ 13 M usaUSA
Cocrystal Pharma Cocrystal Pharma
COCP
$ 1.19 1.26 % $ 13.4 M usaUSA
Collegium Pharmaceutical Collegium Pharmaceutical
COLL
$ 22.45 1.05 % $ 711 M usaUSA
Corcept Therapeutics Incorporated Corcept Therapeutics Incorporated
CORT
$ 112.94 3.29 % $ 11.7 B usaUSA
Crinetics Pharmaceuticals Crinetics Pharmaceuticals
CRNX
$ 84.95 0.13 % $ 7.99 B usaUSA
Corbus Pharmaceuticals Holdings Corbus Pharmaceuticals Holdings
CRBP
$ 7.74 0.19 % $ 103 M usaUSA
Cardiff Oncology Cardiff Oncology
CRDF
$ 1.31 0.74 % $ 87.6 M usaUSA
Curis Curis
CRIS
$ 0.95 0.98 % $ 12.5 M usaUSA
CorMedix CorMedix
CRMD
$ 7.69 0.06 % $ 554 K usaUSA
CRISPR Therapeutics AG CRISPR Therapeutics AG
CRSP
$ 55.76 1.2 % $ 5.01 B schweizSchweiz
Corvus Pharmaceuticals Corvus Pharmaceuticals
CRVS
$ 12.54 8.21 % $ 990 M usaUSA
Concert Pharmaceuticals Concert Pharmaceuticals
CNCE
- - $ 401 M usaUSA
Cue Biopharma Cue Biopharma
CUE
$ 31.71 2.62 % $ 3 B usaUSA
CEL-SCI Corporation CEL-SCI Corporation
CVM
$ 1.68 0.59 % $ 13.5 M usaUSA
Cytokinetics, Incorporated Cytokinetics, Incorporated
CYTK
$ 65.81 0.04 % $ 7.9 M usaUSA
Axon Enterprise Axon Enterprise
AXON
$ 450.61 1.61 % $ 35.2 B usaUSA
Brickell Biotech Brickell Biotech
BBI
- -5.38 % $ 6.06 M usaUSA
DiaMedica Therapeutics DiaMedica Therapeutics
DMAC
$ 7.56 7.16 % $ 355 M usaUSA
Denali Therapeutics Denali Therapeutics
DNLI
$ 20.46 5.52 % $ 3.53 B usaUSA
Precision BioSciences Precision BioSciences
DTIL
$ 6.36 10.62 % $ 81.6 M usaUSA
Dyadic International Dyadic International
DYAI
$ 0.41 3.72 % $ 14.8 M usaUSA
Editas Medicine Editas Medicine
EDIT
$ 2.69 0.17 % $ 239 M usaUSA
Edesa Biotech Edesa Biotech
EDSA
$ 3.97 1.46 % $ 22.5 M usaUSA