Eco Wave Power Global AB (publ) (WAVE) Research & Development (2020 - 2026)
Eco Wave Power Global AB (publ) (WAVE) posted quarterly Research & Development of -$695000.0 for Q1 2026, down 37.62% year-over-year from -$1.1 million in Q1 2025, and down 118.21% quarter-over-quarter from $3.8 million in Q4 2025.
Eco Wave Power Global AB (publ) (WAVE) Research & Development (2020 - 2026) Analysis & Trends
Eco Wave Power Global AB (publ) (WAVE) has reported Research & Development for 7 consecutive years, with -$695000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 37.62% year-over-year to -$695000.0; the TTM figure through Mar 2026 stood at $2.3 million (up 75.77% YoY), while the FY2025 annual figure was $928000.0, up 37.08% from the prior year.
- Research & Development fell to -$695000.0 in Q1 2026 per WAVE's latest filing, from $3.8 million in the prior quarter.
- Across five years, Research & Development topped out at $3.8 million in Q4 2025 and bottomed at -$996000.0 in Q3 2025.
- Historically, Research & Development has averaged $96352.9 across 5 years, with a median of -$505000.0 in 2025.
- Annual changes were most pronounced in 2023 — Research & Development soared 293.93% — and 2024, when it plunged 187.05%.
- Eco Wave Power Global AB (publ)'s Research & Development stood at -$890000.0 in 2022, then jumped by 293.93% to $1.7 million in 2023, then soared by 30.3% to $2.2 million in 2024, then surged by 69.68% to $3.8 million in 2025, then plunged by 118.21% to -$695000.0 in 2026.
- Business Quant data shows WAVE's Research & Development at -$695000.0 in Q1 2026, $3.8 million in Q4 2025, and -$996000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.98 Bn | 10.81 Bn | 117.49 Mn | 4.69 Mn |
| 2 | Ormat Technologies | 7.11 Bn | 6.45 Bn | 68.70 Mn | 5.97 Mn |
| 3 | Brookfield Renewable Partners | 4.73 Bn | 2.23 Bn | 623.00 Mn | - |
| 4 | Clearway Energy | 3.81 Bn | 3.47 Bn | 332.00 Mn | - |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | - |
| 6 | Fluence Energy | 1.84 Bn | 1.28 Bn | 33.24 Mn | 25.30 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 580.68 Mn | - | - |
| 8 | Energy Vault Holdings | 685.75 Mn | 617.00 Mn | 4.79 Mn | 2.59 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | - |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - | -140,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -695,000.00 |
| Dec 31, 2025 | 3.82 Mn |
| Sep 30, 2025 | -996,000.00 |
| Jun 30, 2025 | 218,000.00 |
| Mar 31, 2025 | -505,000.00 |
| Dec 31, 2024 | 2.25 Mn |
| Sep 30, 2024 | -554,000.00 |
| Jun 30, 2024 | 143,000.00 |
| Mar 31, 2024 | -527,000.00 |
| Dec 31, 2023 | 1.73 Mn |
| Sep 30, 2023 | -193,000.00 |
| Jun 30, 2023 | 113,000.00 |
| Mar 31, 2023 | -523,000.00 |
| Dec 31, 2022 | -890,000.00 |
| Sep 30, 2022 | -580,000.00 |
| Jun 30, 2022 | -441,000.00 |
| Mar 31, 2022 | -723,000.00 |
| Dec 31, 2021 | -591,000.00 |
| Sep 30, 2021 | -515,000.00 |
| Jun 30, 2021 | -195,000.00 |