Lightwave Logic (LWLG) Research & Development (2010 - 2026)
Lightwave Logic (LWLG) posted quarterly Research & Development of $3.5 million for Q1 2026, up 12.98% year-over-year from $3.1 million in Q1 2025, and up 22.85% quarter-over-quarter from $2.8 million in Q4 2025.
Lightwave Logic (LWLG) Research & Development (2010 - 2026) Analysis & Trends
Lightwave Logic (LWLG) has reported Research & Development for 12 consecutive years, with $3.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 12.98% year-over-year to $3.5 million; the TTM figure through Mar 2026 stood at $11.9 million (down 22.29% YoY), while the FY2025 annual figure was $11.5 million, down 31.64% from the prior year.
- Research & Development rose to $3.5 million in Q1 2026 per LWLG's latest filing, from $2.8 million in the prior quarter.
- Across five years, Research & Development topped out at $4.6 million in Q1 2024 and bottomed at $2.6 million in Q2 2025.
- Historically, Research & Development has averaged $3.6 million across 5 years, with a median of $3.8 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development soared 92.63% — and 2025, when it slumped 39.91%.
- Lightwave Logic's Research & Development stood at $3.8 million in 2022, then gained by 2.25% to $3.9 million in 2023, then increased by 2.52% to $4.0 million in 2024, then retreated by 28.89% to $2.8 million in 2025, then rose by 22.85% to $3.5 million in 2026.
- Business Quant data shows LWLG's Research & Development at $3.5 million in Q1 2026, $2.8 million in Q4 2025, and $2.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | - |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | - |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 21.50 Mn |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 107.00 Mn |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | - |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 34.00 Mn |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 170.00 Mn |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 42.00 Mn |
| 10 | Lightwave Logic | 934.69 Mn | 934.69 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.49 Mn |
| Dec 31, 2025 | 2.84 Mn |
| Sep 30, 2025 | 2.92 Mn |
| Jun 30, 2025 | 2.62 Mn |
| Mar 31, 2025 | 3.09 Mn |
| Dec 31, 2024 | 4.00 Mn |
| Sep 30, 2024 | 3.83 Mn |
| Jun 30, 2024 | 4.36 Mn |
| Mar 31, 2024 | 4.62 Mn |
| Dec 31, 2023 | 3.90 Mn |
| Sep 30, 2023 | 4.04 Mn |
| Jun 30, 2023 | 4.17 Mn |
| Mar 31, 2023 | 3.80 Mn |
| Dec 31, 2022 | 3.81 Mn |
| Sep 30, 2022 | 3.59 Mn |
| Jun 30, 2022 | 2.78 Mn |
| Mar 31, 2022 | 2.63 Mn |
| Dec 31, 2021 | 4.71 Mn |
| Sep 30, 2021 | 3.60 Mn |
| Jun 30, 2021 | 2.80 Mn |