Wave Life Sciences (WVE) Revenue (2015 - 2026)

Wave Life Sciences' (WVE) quarterly Revenue came in at $2.3 million in Q2 2026, down 73.88% YoY from $8.7 million in Q2 2025, and down 94.06% on a QoQ basis from $38.2 million in Q1 2026.

Wave Life Sciences (WVE) Revenue (2015 - 2026) Analysis & Trends

Wave Life Sciences (WVE) has 12 years of Revenue data on file, last reported at $2.3 million in Q2 2026.

  • Quarterly Revenue fell 73.88% year-over-year to $2.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $58.4 million (up 16.54% YoY) and the FY2025 annual result came in at $42.7 million, down 60.55% from the prior year.
  • Revenue slipped to $2.3 million in Q2 2026, from $38.2 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $49.2 million in Q3 2023 to a low of $285000.0 in Q3 2022.
  • A 5-year average of $14.8 million and a median of $10.9 million in 2024 frame the typical range for Revenue.
  • Annual changes were most pronounced in 2022 — Revenue slumped 99.22% — and 2023, when it surged 17168.07%.
  • Tracing WVE's Revenue over 5 years: stood at $1.2 million in 2022, then surged by 2245.12% to $29.1 million in 2023, then plunged by 32.23% to $19.7 million in 2024, then tumbled by 55.82% to $8.7 million in 2025, then tumbled by 73.88% to $2.3 million in 2026.
  • The last three Revenue figures came in at $2.3 million (Q2 2026), $38.2 million (Q1 2026), and $8.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 3.33 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 4.29 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 1.56 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 1.71 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 3,001.92
7 Royalty Pharma 33.72 Bn 35.84 Bn - 674.14 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 1.29 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 425.49 Mn
10 Wave Life Sciences 1.05 Bn 677.62 Mn - 2.27 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 2.27 Mn
Mar 31, 2026 38.25 Mn
Jun 30, 2025 8.70 Mn
Mar 31, 2025 9.18 Mn
Jun 30, 2024 19.69 Mn
Mar 31, 2024 12.54 Mn
Dec 31, 2023 29.06 Mn
Sep 30, 2023 49.21 Mn
Jun 30, 2023 22.11 Mn
Mar 31, 2023 12.93 Mn
Dec 31, 2022 1.24 Mn
Sep 30, 2022 285,000.00
Jun 30, 2022 375,000.00
Mar 31, 2022 1.75 Mn
Dec 31, 2021 1.77 Mn
Sep 30, 2021 36.42 Mn
Jun 30, 2021 2.78 Mn
Dec 31, 2020 9.44 Mn
Sep 30, 2020 3.45 Mn
Jun 30, 2020 3.03 Mn