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| Date | Value |
|---|---|
| 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 |