Wave Life Sciences (WVE) Cash & Current Investments (2014 - 2026)
Wave Life Sciences (WVE) reported Cash & Current Investments of $368.01 million for Q2 2026, up 76.5% from $208.5 million a year earlier but down 32.4% from the prior quarter.
Wave Life Sciences (WVE) Cash & Current Investments (2014 - 2026) Analysis & Trends
At the end of FY2025, Wave Life Sciences posted Cash & Current Investments of $602.07 million, up 99.3% from FY2024.
- Cash & Current Investments has increased for three consecutive years, with a five-year compound annual growth rate of 26.7% (FY2020 to FY2025).
- By year, Cash & Current Investments came in at $302.08 million in FY2024 (+50.8%), $200.35 million in FY2023 (+126.4%), $88.5 million in FY2022 (-41.2%) and $150.56 million in FY2021 (-18.4%).
- Five-year quarterly Cash & Current Investments spans a low of $88.5 million in Q4 2022 and a high of $602.07 million in Q4 2025.
- Year over year, Cash & Current Investments has now increased in each of the last three quarters, with growth averaging 63.2% over the last eight quarters.
- The high point for year-over-year Cash & Current Investments in five years was Q4 2023 (growth of 126.4%); the low point was Q3 2021 (a decline of 42.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $544.6 million (Q1 2026), $602.07 million (Q4 2025) and $196.22 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 8.95 Bn |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 20.76 Bn |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 6.57 Bn |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 7.14 Bn |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 9.92 Bn |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 4.97 Bn |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 13.99 Bn |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | 3.18 Bn |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 11.70 Bn |
| 10 | Wave Life Sciences | 730.59 Mn | -980.30 Mn | - | 368.01 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 368.01 Mn |
| Mar 31, 2026 | 544.60 Mn |
| Dec 31, 2025 | 602.07 Mn |
| Sep 30, 2025 | 196.22 Mn |
| Jun 30, 2025 | 208.50 Mn |
| Mar 31, 2025 | 243.10 Mn |
| Dec 31, 2024 | 302.08 Mn |
| Sep 30, 2024 | 310.95 Mn |
| Jun 30, 2024 | 154.00 Mn |
| Mar 31, 2024 | 180.92 Mn |
| Dec 31, 2023 | 200.35 Mn |
| Sep 30, 2023 | 139.94 Mn |
| Jun 30, 2023 | 173.00 Mn |
| Mar 31, 2023 | 207.60 Mn |
| Dec 31, 2022 | 88.50 Mn |
| Sep 30, 2022 | 122.00 Mn |
| Jun 30, 2022 | 148.20 Mn |
| Mar 31, 2022 | 111.70 Mn |
| Dec 31, 2021 | 150.56 Mn |
| Sep 30, 2021 | 123.90 Mn |
Wave Life Sciences Cash & Current Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=WVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "ticker": "WVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=WVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();