Wave Life Sciences WVE
NASDAQ WVE
$4.84 +0.14 (+2.87%)
As of: Sep 4, 2026 · 1:34 PM EDT

Wave Life Sciences (WVE) EBITDA (2014 - 2026)

Wave Life Sciences' (WVE) quarterly EBITDA came in at -$73.8 million in Q2 2026, down 39.89% YoY from -$122.8 million in Q2 2025, and down 135.8% on a QoQ basis from -$31.3 million in Q1 2026.

Analysis

Wave Life Sciences (WVE) EBITDA (2014 - 2026) Analysis & Trends

Wave Life Sciences (WVE) has 13 years of EBITDA data on file, last reported at -$73.8 million in Q2 2026.

  • Quarterly EBITDA fell 39.89% year-over-year to -$73.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$217.9 million (down 51.85% YoY) and the FY2025 annual result came in at -$215.4 million, down 95.09% from the prior year.
  • EBITDA slipped to -$73.8 million in Q2 2026, from -$31.3 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $23.0 million in Q4 2024 to a low of -$73.8 million in Q2 2026.
  • A 5-year average of -$36.8 million and a median of -$38.5 million in 2022 frame the typical range for EBITDA.
  • The widest YoY moves for EBITDA: up 222.94% in 2024, down 1538.23% in 2024.
  • Tracing WVE's EBITDA over 5 years: stood at -$43.6 million in 2022, then jumped by 57.11% to -$18.7 million in 2023, then jumped by 222.94% to $23.0 million in 2024, then slumped by 345.86% to -$56.5 million in 2025, then sank by 30.7% to -$73.8 million in 2026.
  • The last three EBITDA figures came in at -$73.8 million (Q2 2026), -$31.3 million (Q1 2026), and -$56.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vertex Pharmaceuticals 139.27 Bn 131.42 Bn 2.84 Bn 1.25 Bn
2 Regeneron Pharmaceuticals 85.55 Bn 77.56 Bn 3.93 Bn 1.29 Bn
3 Argenx Se 63.45 Bn 58.27 Bn 1.37 Bn 493.00 Mn
4 Moderna 57.73 Bn 52.59 Bn 52.00 Mn -815.00 Mn
5 Revolution Medicines 44.08 Bn 44.08 Bn - -505.13 Mn
6 BeOne Medicines 39.95 Bn 34.85 Bn 1.53 Bn 325.05 Mn
7 Alnylam Pharmaceuticals 35.14 Bn 31.84 Bn 992.69 Mn 231.44 Mn
8 Royalty Pharma 28.44 Bn 27.60 Bn - 133.12 Mn
9 Insmed 27.32 Bn 26.16 Bn 358.27 Mn -1.55 Mn
10 Wave Life Sciences 988.42 Mn 620.41 Mn - -73.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -73.80 Mn
Mar 31, 2026 -31.30 Mn
Dec 31, 2025 -56.47 Mn
Sep 30, 2025 -56.35 Mn
Jun 30, 2025 -52.76 Mn
Mar 31, 2025 -49.80 Mn
Dec 31, 2024 22.97 Mn
Sep 30, 2024 -63.92 Mn
Jun 30, 2024 -35.00 Mn
Mar 31, 2024 -34.46 Mn
Dec 31, 2023 -18.68 Mn
Sep 30, 2023 4.44 Mn
Jun 30, 2023 -23.47 Mn
Mar 31, 2023 -30.29 Mn
Dec 31, 2022 -43.56 Mn
Sep 30, 2022 -38.90 Mn
Jun 30, 2022 -42.16 Mn
Mar 31, 2022 -38.09 Mn
Dec 31, 2021 -36.11 Mn
Sep 30, 2021 -7.61 Mn