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

Lightwave Logic's (LWLG) quarterly Research & Development came in at $3.5 million in Q1 2026, up 12.98% year-on-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) 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.

  • 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 for Q1 2026 stood at $3.5 million, up from $2.8 million in the prior quarter.
  • Over the last five years, Research & Development for LWLG reached as high as $4.6 million in Q1 2024 and fell as low as $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.
  • Across the five-year window, Research & Development jumped 92.63% in 2022 and plunged 39.91% in 2025, its largest moves.
  • Year by year, Research & Development stood at $3.8 million in 2022, then climbed by 2.25% to $3.9 million in 2023, then gained by 2.52% to $4.0 million in 2024, then slipped by 28.89% to $2.8 million in 2025, then advanced by 22.85% to $3.5 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $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 237.95 Bn 233.99 Bn 4.26 Bn 38.00 Mn
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn -
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn -
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 21.60 Mn
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 113.00 Mn
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn 36.00 Mn
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn -
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 166.00 Mn
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 47.00 Mn
10 Lightwave Logic 900.36 Mn 900.36 Mn 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