Lightwave Logic (LWLG) Operating Expenses (2010 - 2026)
Lightwave Logic (LWLG) posted quarterly 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 reported Operating Expenses for 12 consecutive years, with $6.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 37.06% year-over-year to $6.8 million; the TTM figure through Mar 2026 stood at $22.1 million (down 0.51% YoY), while the FY2025 annual figure was $21.0 million, down 9.43% from the prior year.
- Operating Expenses improved to $6.8 million in Q1 2026 per LWLG's latest filing, from $5.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $6.8 million in Q1 2026 and bottomed at $3.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $5.2 million across 5 years, with a median of $5.2 million in 2025.
- On a YoY basis, Operating Expenses climbed as much as 85.18% in 2022 and fell as far as 30.64% in 2022.
- Lightwave Logic's Operating Expenses stood at $5.1 million in 2022, then rose by 4.9% to $5.4 million in 2023, then grew by 6.41% to $5.7 million in 2024, then declined by 8.63% to $5.2 million in 2025, then climbed 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.67 Bn | 220.77 Bn | 4.43 Bn | 928.00 Mn |
| 2 | Sherwin Williams | 84.74 Bn | 84.44 Bn | 3.34 Bn | 2.10 Bn |
| 3 | Ecolab | 78.90 Bn | 73.77 Bn | 1.95 Bn | 1.19 Bn |
| 4 | Air Products & Chemicals | 68.19 Bn | 67.21 Bn | 1.04 Bn | 3.15 Bn |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn | 1.15 Bn |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn | -48.90 Mn |
| 7 | LyondellBasell Industries | 21.91 Bn | 19.28 Bn | 2.04 Bn | 7.63 Bn |
| 8 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | 613.00 Mn |
| 9 | DuPont de Nemours | 18.83 Bn | 17.09 Bn | 639.00 Mn | 311.00 Mn |
| 10 | Lightwave Logic | 954.64 Mn | 954.64 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 |