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% on a QoQ basis from $2.8 million in Q4 2025.
Lightwave Logic (LWLG) has 12 years of Research & Development data on file, last reported at $3.5 million in Q1 2026.
- Quarterly Research & Development rose 12.98% year-over-year to $3.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.9 million (down 22.29% YoY) and the FY2025 annual result came in at $11.5 million, down 31.64% from the prior year.
- Research & Development climbed 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.
- The 5-year median for Research & Development is $3.8 million (2023), against an average of $3.6 million.
- The widest annual swing landed in 2022, when Research & Development jumped 92.63%; it then plunged 39.91% in 2025.
- Tracing LWLG's Research & Development over 5 years: stood at $3.8 million in 2022, then grew by 2.25% to $3.9 million in 2023, then advanced by 2.52% to $4.0 million in 2024, then dropped by 28.89% to $2.8 million in 2025, then climbed by 22.85% to $3.5 million in 2026.
- Per Business Quant, the three latest LWLG Research & Development figures stand at $3.5 million (Q1 2026), $2.8 million (Q4 2025), and $2.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | - |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | - |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 21.60 Mn |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 113.00 Mn |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 36.00 Mn |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | - |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 47.00 Mn |
| 10 | Lightwave Logic | 1.65 Bn | 1.58 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 |
| Mar 31, 2021 | 1.36 Mn |
| Dec 31, 2020 | 1.16 Mn |
| Sep 30, 2020 | 1.16 Mn |
| Jun 30, 2020 | 1.06 Mn |
| Mar 31, 2020 | 1.19 Mn |
| Jun 30, 2014 | 618,454.00 |
| Mar 31, 2014 | 585,506.00 |
| Dec 31, 2013 | 501,149.00 |
| Sep 30, 2013 | 580,403.00 |
| Jun 30, 2013 | 531,116.00 |
| Mar 31, 2013 | 455,382.00 |
| Dec 31, 2012 | 1.07 Mn |
| Sep 30, 2012 | 490,694.00 |
| Jun 30, 2012 | 455,253.00 |
| Mar 31, 2012 | 472,409.00 |
| Dec 31, 2011 | 395,249.00 |
| Sep 30, 2011 | 322,402.00 |
| Jun 30, 2011 | 498,041.00 |
| Mar 31, 2011 | 466,864.00 |
| Dec 31, 2010 | 566,280.00 |
| Sep 30, 2010 | 369,227.00 |
| Jun 30, 2010 | 407,232.00 |