Wave Life Sciences (WVE) Net Margin (2015 - 2026)
Wave Life Sciences (WVE) recorded Net Margin of -3052.60% in Q2 2026, down 2472.43 percentage points from -580.17% a year earlier and down 2984.39 percentage points from the prior quarter.
Wave Life Sciences (WVE) Net Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Wave Life Sciences' Net Margin came in at -309.73% as of Jun 30, 2026, down 190.90 percentage points year-over-year; for FY2025, it came in at -478.33%, down 388.76 percentage points from FY2024.
- Annual Net Margin has a five-year change of +268.34 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -89.57% in FY2024 (-38.81 pp), -50.76% in FY2023 (+4383.96 pp), -4434.72% in FY2022 (-4136.30 pp) and -298.42% in FY2021 (+448.25 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q4 2022.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -459.61 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 13700.35 percentage points in Q3 2023, against a drop of 13668.51 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -68.21% (Q1 2026), -308.37% (Q4 2025) and -707.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 21.86% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 21.27% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | -8.04% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 22.61% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 18.81% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 23.62% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | -134.51% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | -1.65% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 32.99% |
| 10 | Wave Life Sciences | 709.33 Mn | -1.00 Bn | - | -3,052.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3,052.60% |
| Mar 31, 2026 | -68.21% |
| Dec 31, 2025 | -308.37% |
| Sep 30, 2025 | -707.83% |
| Jun 30, 2025 | -580.17% |
| Mar 31, 2025 | -510.93% |
| Dec 31, 2024 | 34.93% |
| Sep 30, 2024 | -804.85% |
| Jun 30, 2024 | -167.19% |
| Mar 31, 2024 | -251.70% |
| Dec 31, 2023 | -55.95% |
| Sep 30, 2023 | 14.74% |
| Jun 30, 2023 | -95.47% |
| Mar 31, 2023 | -211.97% |
| Dec 31, 2022 | -3,527.76% |
| Sep 30, 2022 | -13,685.61% |
| Jun 30, 2022 | -11,012.27% |
| Mar 31, 2022 | -2,160.80% |
| Dec 31, 2021 | -1,970.82% |
| Sep 30, 2021 | -17.10% |
Wave Life Sciences Net 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=net-margin&ticker=WVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=WVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();