Wave Life Sciences (WVE) Cash & Equivalents (2014 - 2026)
Wave Life Sciences' (WVE) quarterly Cash & Equivalents came in at $368.0 million in Q2 2026, up 76.5% YoY from $208.5 million in Q2 2025, and down 32.43% on a QoQ basis from $544.6 million in Q1 2026.
Analysis
Wave Life Sciences (WVE) Cash & Equivalents (2014 - 2026) Analysis & Trends
Wave Life Sciences (WVE) has 13 years of Cash & Equivalents data on file, last reported at $368.0 million in Q2 2026.
- Quarterly Cash & Equivalents rose 76.5% year-over-year to $368.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $368.0 million (up 76.5% YoY) and the FY2025 annual result came in at $602.1 million, up 99.31% from the prior year.
- Cash & Equivalents retreated to $368.0 million in Q2 2026, from $544.6 million in the prior quarter.
- In the past five years, Cash & Equivalents ranged from a high of $602.1 million in Q4 2025 to a low of $88.5 million in Q4 2022.
- A 5-year average of $239.0 million and a median of $198.3 million in 2023 frame the typical range for Cash & Equivalents.
- Annual changes were most pronounced in 2022 — Cash & Equivalents plunged 41.22% — and 2023, when it soared 126.39%.
- Tracing WVE's Cash & Equivalents over 5 years: stood at $88.5 million in 2022, then surged by 126.39% to $200.4 million in 2023, then soared by 50.77% to $302.1 million in 2024, then jumped by 99.31% to $602.1 million in 2025, then sank by 38.88% to $368.0 million in 2026.
- The last three Cash & Equivalents figures came in at $368.0 million (Q2 2026), $544.6 million (Q1 2026), and $602.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 6.14 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 2.46 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 3.58 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 1.72 Bn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 815.44 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 5.10 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.71 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 811.99 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 544.80 Mn |
| 10 | Wave Life Sciences | 994.54 Mn | 626.53 Mn | - | 368.01 Mn |
Historic Data
Download Data
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 |