Lightwave Logic (LWLG) Gross Margin (2024 - 2026)
Lightwave Logic's Gross Margin came in at 95.42% for Q1 2026, up 4.27 percentage points from 91.15% a year earlier but down 3.74 percentage points from the prior quarter.
Powered by 
Analysis
Lightwave Logic (LWLG) Gross Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Lightwave Logic reported Gross Margin of 97.48%, up 2.30 percentage points year-over-year; for FY2025, it came in at 97.12%, up 4.85 percentage points from FY2024.
- Going back by year, Gross Margin was 92.27% in FY2024 (-1.53 pp) and 93.80% in FY2023.
- The five-year range for quarterly Gross Margin is 82.99% (Q1 2024) to 100.00% (Q3 2025).
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +1.55 percentage points over the last five quarters.
- Business Quant data shows LWLG's Gross Margin at 99.16% (Q4 2025), 100.00% (Q3 2025) and 86.48% (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.45 Bn | 213.03 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 116.59 Bn | 109.15 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 82.19 Bn | 81.23 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 32.77% |
| 5 | LyondellBasell Industries | 40.93 Bn | 30.44 Bn | 2.04 Bn | 22.21% |
| 6 | Nutrien | 33.12 Bn | 29.95 Bn | 3.25 Bn | 30.07% |
| 7 | Qnity Electronics | 25.20 Bn | 22.33 Bn | 666.00 Mn | 46.61% |
| 8 | Ppg Industries | 24.54 Bn | 17.20 Bn | 1.81 Bn | 40.22% |
| 9 | Ati | 24.54 Bn | 22.56 Bn | 309.80 Mn | 24.57% |
| 10 | Lightwave Logic | 682.22 Mn | 682.22 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 95.42% |
| Dec 31, 2025 | 99.16% |
| Sep 30, 2025 | 100.00% |
| Jun 30, 2025 | 86.48% |
| Mar 31, 2025 | 91.15% |
| Dec 31, 2024 | 95.71% |
| Sep 30, 2024 | 94.61% |
| Jun 30, 2024 | 100.00% |
| Mar 31, 2024 | 82.99% |
API Access
Lightwave Logic Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LWLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LWLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LWLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();