Lightwave Logic (LWLG) Operating Expenses (2010 - 2026)

Lightwave Logic (LWLG) reported Operating Expenses of $6.8 million for Q1 2026, up 37.06% year-over-year from $4.9 million in Q1 2025, and up 29.14% quarter-over-quarter from $5.2 million in Q4 2025.

Lightwave Logic (LWLG) Operating Expenses (2010 - 2026) Analysis & Trends

Lightwave Logic (LWLG) has 12 years of Operating Expenses data on file, last reported at $6.8 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $6.8 million, up 37.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $22.1 million (down 0.51% YoY), and the FY2025 annual result was $21.0 million, down 9.43% from the prior year.
  • Operating Expenses grew to $6.8 million in Q1 2026 per LWLG's latest filing, from $5.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $6.8 million in Q1 2026 and troughed at $3.5 million in Q1 2022.
  • A 5-year average of $5.2 million and a median of $5.2 million in 2025 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 85.18% in 2022 and fell as far as 30.64% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $5.1 million in 2022, then increased by 4.9% to $5.4 million in 2023, then climbed by 6.41% to $5.7 million in 2024, then dropped by 8.63% to $5.2 million in 2025, then advanced by 29.14% to $6.8 million in 2026.
  • Business Quant data shows LWLG's Operating Expenses at $6.8 million in Q1 2026, $5.2 million in Q4 2025, and $5.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 931.00 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -48.90 Mn
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 1.97 Bn
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 1.08 Bn
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 248.80 Mn
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 1.10 Bn
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 599.00 Mn
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 302.00 Mn
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 6.96 Bn
10 Lightwave Logic 1.44 Bn 1.36 Bn 27,831.00 6.75 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.75 Mn
Dec 31, 2025 5.23 Mn
Sep 30, 2025 5.21 Mn
Jun 30, 2025 4.93 Mn
Mar 31, 2025 4.93 Mn
Dec 31, 2024 5.72 Mn
Sep 30, 2024 5.32 Mn
Jun 30, 2024 6.26 Mn
Mar 31, 2024 5.88 Mn
Dec 31, 2023 5.38 Mn
Sep 30, 2023 5.39 Mn
Jun 30, 2023 5.34 Mn
Mar 31, 2023 5.16 Mn
Dec 31, 2022 5.13 Mn
Sep 30, 2022 4.73 Mn
Jun 30, 2022 3.77 Mn
Mar 31, 2022 3.51 Mn
Dec 31, 2021 7.39 Mn
Sep 30, 2021 4.25 Mn
Jun 30, 2021 3.46 Mn