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
DateValue
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