Wave Life Sciences (WVE) Change in Cash (2014 - 2026)
Wave Life Sciences' (WVE) quarterly Change in Cash came in at -$176.6 million in Q2 2026, down 410.62% YoY from $56.8 million in Q2 2025, and down 207.27% on a QoQ basis from -$57.5 million in Q1 2026.
Analysis
Wave Life Sciences (WVE) Change in Cash (2014 - 2026) Analysis & Trends
Wave Life Sciences (WVE) has 13 years of Change in Cash data on file, last reported at -$176.6 million in Q2 2026.
- Quarterly Change in Cash fell 410.62% year-over-year to -$176.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $159.6 million (up 192.36% YoY) and the FY2025 annual result came in at $300.0 million, up 194.77% from the prior year.
- Change in Cash eased to -$176.6 million in Q2 2026, from -$57.5 million in the prior quarter.
- In the past five years, Change in Cash ranged from a high of $405.9 million in Q4 2025 to a low of -$176.6 million in Q2 2026.
- A 5-year average of $12.1 million and a median of -$22.8 million in 2022 frame the typical range for Change in Cash.
- Annual changes were most pronounced in 2025 — Change in Cash soared 4682.88% — and 2026, when it tumbled 410.62%.
- Tracing WVE's Change in Cash over 5 years: stood at -$8.5 million in 2022, then soared by 815.0% to $60.4 million in 2023, then sank by 114.66% to -$8.9 million in 2024, then soared by 4682.88% to $405.9 million in 2025, then slumped by 143.51% to -$176.6 million in 2026.
- The last three Change in Cash figures came in at -$176.6 million (Q2 2026), -$57.5 million (Q1 2026), and $405.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.43 Bn | 130.58 Bn | 2.84 Bn | 649.20 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | -504.60 Mn |
| 3 | Argenx Se | 63.34 Bn | 58.15 Bn | 1.37 Bn | - |
| 4 | Moderna | 57.98 Bn | 52.85 Bn | 52.00 Mn | -185.00 Mn |
| 5 | Revolution Medicines | 43.98 Bn | 43.98 Bn | - | 374.50 Mn |
| 6 | BeOne Medicines | 39.92 Bn | 34.82 Bn | 1.53 Bn | 427.25 Mn |
| 7 | Alnylam Pharmaceuticals | 35.42 Bn | 32.11 Bn | 992.69 Mn | -2.94 Mn |
| 8 | Royalty Pharma | 28.42 Bn | 27.58 Bn | - | 225.59 Mn |
| 9 | Insmed | 27.36 Bn | 26.20 Bn | 358.27 Mn | -37.42 Mn |
| 10 | Wave Life Sciences | 986.38 Mn | 618.37 Mn | - | -176.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -176.58 Mn |
| Mar 31, 2026 | -57.47 Mn |
| Dec 31, 2025 | 405.86 Mn |
| Sep 30, 2025 | -12.25 Mn |
| Jun 30, 2025 | -34.58 Mn |
| Mar 31, 2025 | -58.99 Mn |
| Dec 31, 2024 | -8.86 Mn |
| Sep 30, 2024 | 157.01 Mn |
| Jun 30, 2024 | -26.95 Mn |
| Mar 31, 2024 | -19.41 Mn |
| Dec 31, 2023 | 60.43 Mn |
| Sep 30, 2023 | -33.02 Mn |
| Jun 30, 2023 | -35.58 Mn |
| Mar 31, 2023 | 120.07 Mn |
| Dec 31, 2022 | -8.45 Mn |
| Sep 30, 2022 | -26.21 Mn |
| Jun 30, 2022 | 61.45 Mn |
| Mar 31, 2022 | -88.85 Mn |
| Dec 31, 2021 | 26.67 Mn |
| Sep 30, 2021 | -19.94 Mn |