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

Lightwave Logic (LWLG) has reported Research & Development for 12 consecutive years, with $3.5 million the latest figure, recorded in Q1 2026.

• On a quarterly basis, Research & Development rose 12.98% year-over-year to $3.5 million in Q1 2026; TTM through Mar 2026 was $11.9 million, a 22.29% decrease from a year earlier, with the FY2025 full-year figure at $11.5 million, down 31.64% from the prior year.
• Research & Development was $3.5 million for Q1 2026 at Lightwave Logic, up 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.
• Across the five-year window, Research & Development surged 92.63% in 2022 and tumbled 39.91% in 2025, its largest moves.
• Over 5 years, Research & Development stood at $3.8 million in 2022, then increased by 2.25% to $3.9 million in 2023, then climbed by 2.52% to $4.0 million in 2024, then declined by 28.89% to $2.8 million in 2025, then grew by 22.85% to $3.5 million in 2026.
• The last three Research & Development figures came in at $3.5 million (Q1 2026), $2.8 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.