Eco Wave Power Global AB (publ) (WAVE) Net Income (2020 - 2026)
Eco Wave Power Global AB (publ) (WAVE) posted quarterly Net Income of -$609000.0 for Q1 2026, down 30.41% year-over-year from -$875086.2 in Q1 2025, and up 52.42% quarter-over-quarter from -$1.3 million in Q4 2025.
Eco Wave Power Global AB (publ) (WAVE) Net Income (2020 - 2026) Analysis & Trends
Eco Wave Power Global AB (publ) (WAVE) has reported Net Income for 7 consecutive years, with -$609000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 30.41% year-over-year to -$609000.0; the TTM figure through Mar 2026 stood at -$2.7 million (down 28.1% YoY), while the FY2025 annual figure was -$3.7 million, down 76.66% from the prior year.
- Net Income grew to -$609000.0 in Q1 2026 per WAVE's latest filing, from -$1.3 million in the prior quarter.
- Across five years, Net Income topped out at -$163000.0 in Q3 2023 and bottomed at -$1.3 million in Q4 2025.
- Historically, Net Income has averaged -$582294.1 across 5 years, with a median of -$558000.0 in 2022.
- Annual changes were most pronounced in 2022 — Net Income jumped 81.57% — and 2024, when it slumped 104.91%.
- Eco Wave Power Global AB (publ)'s Net Income stood at -$856000.0 in 2022, then fell by 4.67% to -$896000.0 in 2023, then gained by 9.6% to -$810000.0 in 2024, then slumped by 58.02% to -$1.3 million in 2025, then jumped by 52.42% to -$609000.0 in 2026.
- Business Quant data shows WAVE's Net Income at -$609000.0 in Q1 2026, -$1.3 million in Q4 2025, and -$608000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.99 Bn | 10.83 Bn | 117.49 Mn | 31.18 Mn |
| 2 | Ormat Technologies | 7.09 Bn | 6.43 Bn | 68.70 Mn | 26.83 Mn |
| 3 | Brookfield Renewable Partners | 4.64 Bn | 2.14 Bn | 623.00 Mn | -287.00 Mn |
| 4 | Clearway Energy | 3.80 Bn | 3.46 Bn | 332.00 Mn | 30.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 9.00 Mn |
| 6 | Fluence Energy | 1.82 Bn | 1.26 Bn | 33.24 Mn | -44.30 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 582.56 Mn | - | - |
| 8 | Energy Vault Holdings | 684.89 Mn | 616.14 Mn | 4.79 Mn | -32.49 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | - |
| 10 | Eco Wave Power Global AB (publ) | 332.87 Mn | 332.87 Mn | - | -609,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -609,000.00 |
| Dec 31, 2025 | -1.28 Mn |
| Sep 30, 2025 | -608,000.00 |
| Jun 30, 2025 | -165,000.00 |
| Mar 31, 2025 | -467,000.00 |
| Dec 31, 2024 | -810,000.00 |
| Sep 30, 2024 | -334,000.00 |
| Jun 30, 2024 | -467,000.00 |
| Mar 31, 2024 | -497,000.00 |
| Dec 31, 2023 | -896,000.00 |
| Sep 30, 2023 | -163,000.00 |
| Jun 30, 2023 | -308,000.00 |
| Mar 31, 2023 | -499,000.00 |
| Dec 31, 2022 | -856,000.00 |
| Sep 30, 2022 | -558,000.00 |
| Jun 30, 2022 | -695,000.00 |
| Mar 31, 2022 | -687,000.00 |
| Dec 31, 2021 | -4.64 Mn |
| Sep 30, 2021 | -515,000.00 |
| Jun 30, 2021 | -765,000.00 |