Lightwave Logic (LWLG) Research & Development (2010 - 2026)

Lightwave Logic (LWLG) reported 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 12 years of Research & Development data on file, last reported at $3.5 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $3.5 million, up 12.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.9 million (down 22.29% YoY), and the FY2025 annual result was $11.5 million, down 31.64% from the prior year.
  • Research & Development advanced to $3.5 million in Q1 2026 per LWLG's latest filing, from $2.8 million in the prior quarter.
  • Over five years, Research & Development peaked at $4.6 million in Q1 2024 and troughed at $2.6 million in Q2 2025.
  • A 5-year average of $3.6 million and a median of $3.8 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2025: Research & Development soared 92.63% in 2022, then slumped 39.91% in 2025.
  • A 5-year view of Research & Development shows it stood at $3.8 million in 2022, then rose by 2.25% to $3.9 million in 2023, then grew by 2.52% to $4.0 million in 2024, then fell by 28.89% to $2.8 million in 2025, then increased 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 38.00 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn -
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn -
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 21.60 Mn
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 113.00 Mn
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 166.00 Mn
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 47.00 Mn
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 36.00 Mn
10 Lightwave Logic 1.44 Bn 1.36 Bn 27,831.00 3.49 Mn

Historic Data

Download Data
DateValue
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