Wave Life Sciences, Inc. (WVE) FCF Margin (2015 - 2026)
Wave Life Sciences' FCF Margin came in at -2397.27% for Q2 2026, down 1864.82 percentage points from -532.45% a year earlier and down 2240.42 percentage points from the prior quarter.
Wave Life Sciences, Inc. (WVE) FCF Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Wave Life Sciences reported FCF Margin of -295.46%, down 112.37 percentage points year-over-year; for FY2025, it came in at -440.50%, down 300.18 percentage points from FY2024.
- FCF Margin carries a five-year change of +143.85 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -140.32% in FY2024 (-122.18 pp), -18.13% in FY2023 (+3520.97 pp), -3539.11% in FY2022 (-3320.49 pp) and -218.61% in FY2021 (+365.74 pp).
- The Q2 2026 figure represents the lowest quarterly FCF Margin since Q4 2022.
- Year-over-year, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -343.07 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2023 (a gain of 9088.53 percentage points), and the weakest in Q3 2022 (a drop of 9081.30 percentage points).
- Business Quant data shows WVE's FCF Margin at -156.86% (Q1 2026), -195.85% (Q4 2025) and -590.35% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2,397.27% |
| Mar 31, 2026 | -156.86% |
| Dec 31, 2025 | -195.85% |
| Sep 30, 2025 | -590.35% |
| Jun 30, 2025 | -532.45% |
| Mar 31, 2025 | -688.87% |
| Dec 31, 2024 | -52.22% |
| Sep 30, 2024 | -610.49% |
| Jun 30, 2024 | -139.75% |
| Mar 31, 2024 | -269.97% |
| Dec 31, 2023 | -115.62% |
| Sep 30, 2023 | -70.42% |
| Jun 30, 2023 | -168.86% |
| Mar 31, 2023 | 657.69% |
| Dec 31, 2022 | -2,715.42% |
| Sep 30, 2022 | -9,158.95% |
| Jun 30, 2022 | -7,817.07% |
| Mar 31, 2022 | -2,290.34% |
| Dec 31, 2021 | -399.32% |
| Sep 30, 2021 | -77.65% |
Wave Life Sciences, Inc. FCF Margin 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=fcf-margin&ticker=WVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=WVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();