Growth Metrics

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% on a QoQ basis from $5.2 million in Q4 2025.

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

  • Quarterly Operating Expenses rose 37.06% year-over-year to $6.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $22.1 million (down 0.51% YoY) and the FY2025 annual result came in at $21.0 million, down 9.43% from the prior year.
  • Operating Expenses advanced 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.
  • The 5-year median for Operating Expenses is $5.2 million (2025), against an average of $5.2 million.
  • Peak annual rise in Operating Expenses reached 85.18% in 2022, while the deepest fall reached 30.64% in 2022.
  • Tracing LWLG's Operating Expenses over 5 years: stood at $5.1 million in 2022, then climbed by 4.9% to $5.4 million in 2023, then gained by 6.41% to $5.7 million in 2024, then decreased by 8.63% to $5.2 million in 2025, then rose by 29.14% to $6.8 million in 2026.
  • Per Business Quant, the three latest LWLG Operating Expenses figures stand at $6.8 million (Q1 2026), $5.2 million (Q4 2025), and $5.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 230.79 Bn 226.84 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 72.51 Bn 72.30 Bn 2.78 Bn 1.97 Bn
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 1.08 Bn
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 248.80 Mn
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 1.10 Bn
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 6.96 Bn
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn -
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 302.00 Mn
10 Lightwave Logic 1.65 Bn 1.58 Bn 27,831.00 6.75 Mn

Historic Data

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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
Mar 31, 2021 1.90 Mn
Dec 31, 2020 1.58 Mn
Sep 30, 2020 1.59 Mn
Jun 30, 2020 1.63 Mn
Mar 31, 2020 1.80 Mn
Jun 30, 2014 1.01 Mn
Mar 31, 2014 987,671.00
Dec 31, 2013 835,175.00
Sep 30, 2013 997,760.00
Jun 30, 2013 964,502.00
Mar 31, 2013 903,000.00
Dec 31, 2012 1.68 Mn
Sep 30, 2012 969,797.00
Jun 30, 2012 1.01 Mn
Mar 31, 2012 769,599.00
Dec 31, 2011 776,538.00
Sep 30, 2011 726,119.00
Jun 30, 2011 887,576.00
Mar 31, 2011 926,110.00
Dec 31, 2010 1.02 Mn
Sep 30, 2010 797,983.00
Jun 30, 2010 883,469.00