Wave Life Sciences (WVE) Enterprise Value (2015 - 2026)
Wave Life Sciences' (WVE) quarterly Enterprise Value came in at -$368.0 million in Q2 2026, down 76.5% YoY from -$1.6 billion in Q2 2025, and up 32.43% on a QoQ basis from -$544.6 million in Q1 2026.
Analysis
Wave Life Sciences (WVE) Enterprise Value (2015 - 2026) Analysis & Trends
Wave Life Sciences (WVE) has 13 years of Enterprise Value data on file, last reported at -$368.0 million in Q2 2026.
- Quarterly Enterprise Value fell 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 (down 76.5% YoY) and the FY2025 annual result came in at -$602.1 million, down 99.31% from the prior year.
- Enterprise Value climbed to -$368.0 million in Q2 2026, from -$544.6 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$88.5 million in Q4 2022 to a low of -$602.1 million in Q4 2025.
- A 5-year average of -$244.5 million and a median of -$198.3 million in 2023 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value jumped 41.22% — and 2023, when it sank 126.39%.
- Tracing WVE's Enterprise Value over 5 years: stood at -$88.5 million in 2022, then tumbled by 126.39% to -$200.4 million in 2023, then sank by 50.77% to -$302.1 million in 2024, then sank by 99.31% to -$602.1 million in 2025, then surged by 38.88% to -$368.0 million in 2026.
- The last three Enterprise Value 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) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn |
| 10 | Wave Life Sciences | 994.54 Mn | 626.53 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 754.93 Mn |
| Mar 31, 2026 | 849.85 Mn |
| Dec 31, 2025 | 2.59 Bn |
| Sep 30, 2025 | 977.09 Mn |
| Jun 30, 2025 | 803.38 Mn |
| Mar 31, 2025 | 1.00 Bn |
| Dec 31, 2024 | 1.59 Bn |
| Sep 30, 2024 | 905.87 Mn |
| Jun 30, 2024 | 457.17 Mn |
| Mar 31, 2024 | 573.80 Mn |
| Dec 31, 2023 | 401.42 Mn |
| Sep 30, 2023 | 429.38 Mn |
| Jun 30, 2023 | 185.78 Mn |
| Mar 31, 2023 | 217.19 Mn |
| Dec 31, 2022 | 519.98 Mn |
| Sep 30, 2022 | 166.45 Mn |
| Jun 30, 2022 | 42.86 Mn |
| Mar 31, 2022 | -39.98 Mn |
| Dec 31, 2021 | 37.34 Mn |
| Sep 30, 2021 | 130.89 Mn |