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) Operating Expenses (2014 - 2026)

Wave Life Sciences' (WVE) quarterly Operating Expenses came in at $76.1 million in Q2 2026, up 23.78% YoY from $61.5 million in Q2 2025, and up 9.39% on a QoQ basis from $69.5 million in Q1 2026.

Analysis

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

Wave Life Sciences (WVE) has 13 years of Operating Expenses data on file, last reported at $76.1 million in Q2 2026.

  • Quarterly Operating Expenses rose 23.78% year-over-year to $76.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $283.3 million (up 19.3% YoY) and the FY2025 annual result came in at $258.1 million, up 18.02% from the prior year.
  • Operating Expenses grew to $76.1 million in Q2 2026, from $69.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $76.1 million in Q2 2026 to a low of $39.2 million in Q3 2022.
  • A 5-year average of $53.9 million and a median of $51.2 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses dropped 11.01% — and 2024, when it grew 27.32%.
  • Tracing WVE's Operating Expenses over 5 years: stood at $44.8 million in 2022, then advanced by 6.55% to $47.7 million in 2023, then grew by 27.32% to $60.8 million in 2024, then gained by 21.27% to $73.7 million in 2025, then advanced by 3.2% to $76.1 million in 2026.
  • The last three Operating Expenses figures came in at $76.1 million (Q2 2026), $69.5 million (Q1 2026), and $73.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 139.27 Bn 131.42 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 85.55 Bn 77.56 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 63.45 Bn 58.27 Bn 1.37 Bn -1.05 Bn
4 Moderna 57.73 Bn 52.59 Bn 52.00 Mn 960.00 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 1.21 Bn
7 Alnylam Pharmaceuticals 35.14 Bn 31.84 Bn 992.69 Mn 1.06 Bn
8 Royalty Pharma 28.44 Bn 27.60 Bn - 541.02 Mn
9 Insmed 27.32 Bn 26.16 Bn 358.27 Mn 427.03 Mn
10 Wave Life Sciences 988.42 Mn 620.41 Mn - 76.07 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 76.07 Mn
Mar 31, 2026 69.54 Mn
Dec 31, 2025 73.71 Mn
Sep 30, 2025 63.96 Mn
Jun 30, 2025 61.46 Mn
Mar 31, 2025 58.98 Mn
Dec 31, 2024 60.78 Mn
Sep 30, 2024 56.24 Mn
Jun 30, 2024 54.69 Mn
Mar 31, 2024 47.00 Mn
Dec 31, 2023 47.74 Mn
Sep 30, 2023 44.77 Mn
Jun 30, 2023 45.58 Mn
Mar 31, 2023 43.21 Mn
Dec 31, 2022 44.80 Mn
Sep 30, 2022 39.18 Mn
Jun 30, 2022 42.54 Mn
Mar 31, 2022 39.84 Mn
Dec 31, 2021 37.88 Mn
Sep 30, 2021 44.03 Mn