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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | - |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | -4.69 Mn |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | 5.97 Mn |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | - |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | - |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | - |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | 25.30 Mn |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | - |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | 2.87 Mn |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | 78,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78,000.00 |
| Mar 31, 2026 | -140,000.00 |
| Dec 31, 2025 | -142,000.00 |
| Sep 30, 2025 | -192,000.00 |
| Jun 30, 2025 | 218,000.00 |
| Mar 31, 2025 | -181,000.00 |
| Dec 31, 2024 | -102,000.00 |
| Sep 30, 2024 | -114,000.00 |
| Jun 30, 2024 | 143,000.00 |
| Mar 31, 2024 | -177,000.00 |
| Dec 31, 2023 | -136,000.00 |
| Sep 30, 2023 | -60,000.00 |
| Jun 30, 2023 | 113,000.00 |
| Mar 31, 2023 | -210,000.00 |
| Dec 31, 2022 | -143,000.00 |
| Sep 30, 2022 | -120,000.00 |
| Jun 30, 2022 | -441,000.00 |
| Mar 31, 2022 | -194,000.00 |
| Dec 31, 2021 | -154,000.00 |
| Sep 30, 2021 | -161,000.00 |