Wave Life Sciences WVE
NASDAQ WVE
$4.85 +0.15 (+3.19%)
As of: Sep 4, 2026 · 3:59 PM EDT

Wave Life Sciences (WVE) Net Cash Flow (2014 - 2026)

Wave Life Sciences' (WVE) quarterly Net Cash Flow came in at -$176.7 million in Q2 2026, down 410.34% YoY from $56.9 million in Q2 2025, and down 207.51% on a QoQ basis from -$57.5 million in Q1 2026.

Analysis

Wave Life Sciences (WVE) Net Cash Flow (2014 - 2026) Analysis & Trends

Wave Life Sciences (WVE) has 13 years of Net Cash Flow data on file, last reported at -$176.7 million in Q2 2026.

  • Quarterly Net Cash Flow fell 410.34% year-over-year to -$176.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $159.5 million (up 192.94% YoY) and the FY2025 annual result came in at $300.0 million, up 194.35% from the prior year.
  • Net Cash Flow eased to -$176.7 million in Q2 2026, from -$57.5 million in the prior quarter.
  • In the past five years, Net Cash Flow ranged from a high of $405.9 million in Q4 2025 to a low of -$176.7 million in Q2 2026.
  • A 5-year average of $12.1 million and a median of -$22.7 million in 2022 frame the typical range for Net Cash Flow.
  • Annual changes were most pronounced in 2025 — Net Cash Flow jumped 4737.5% — and 2026, when it plunged 410.34%.
  • Tracing WVE's Net Cash Flow over 5 years: stood at -$8.5 million in 2022, then soared by 806.46% to $60.4 million in 2023, then plunged by 114.5% to -$8.8 million in 2024, then jumped by 4737.5% to $405.9 million in 2025, then slumped by 143.53% to -$176.7 million in 2026.
  • The last three Net Cash Flow figures came in at -$176.7 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) Net Cash Flow (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 652.90 Mn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn -504.30 Mn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn -183.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - 374.50 Mn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 407.41 Mn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn -496,000.00
8 Royalty Pharma 28.45 Bn 27.61 Bn - 225.59 Mn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn -37.14 Mn
10 Wave Life Sciences 994.54 Mn 626.53 Mn - -176.71 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -176.71 Mn
Mar 31, 2026 -57.46 Mn
Dec 31, 2025 405.92 Mn
Sep 30, 2025 -12.22 Mn
Jun 30, 2025 -34.63 Mn
Mar 31, 2025 -59.05 Mn
Dec 31, 2024 -8.75 Mn
Sep 30, 2024 156.89 Mn
Jun 30, 2024 -26.87 Mn
Mar 31, 2024 -19.34 Mn
Dec 31, 2023 60.37 Mn
Sep 30, 2023 -32.99 Mn
Jun 30, 2023 -35.48 Mn
Mar 31, 2023 120.09 Mn
Dec 31, 2022 -8.55 Mn
Sep 30, 2022 -26.13 Mn
Jun 30, 2022 61.59 Mn
Mar 31, 2022 -88.77 Mn
Dec 31, 2021 26.75 Mn
Sep 30, 2021 -19.93 Mn