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| 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 |