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Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$29.2K+27.3%
Gross profit$27.8K+33.2%
Operating income-$6.7M-37.1%
Net income-$6.3M-34.1%
EPS (diluted)-$0.040.0%

Balance sheet

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Cash & equivalents$75.1M+200%
Total debt$2.6M-6.4%
Total equity$81.3M+158%
Total assets$85.9M+141%

Cash flow

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Operating cash flow-$4.1M-16.4%
CapEx$450.5K-47.2%
Free cash flow-$4.5M-3.9%

Valuation

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Market cap$1.25B+361%
Enterprise value$1.18B+367%
P/S5,140.1×+2,264×

Profitability

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Gross margin97.5%+2.3pp
Operating margin-9,288.7%-3,592pp
Net margin-9,015.6%-3,489pp
FCF margin-6,272.6%-2,511pp

Returns & leverage

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Return on equity-38.8%-10.7pp
Debt / equity-0.1×
Current ratio34×+17.4×

Where this comes from

Calculated from Lightwave Logic, Inc.’s reported figures.

$6.7Mebit+
$496.4KDepreciation Depletion & Amortization
=-$6.23M

The source filing: Lightwave Logic, Inc.’s 10-Q, filed May 15, 2026. Open the filing →

Filed
May 15, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001553350-26-000087

FAQ

What is Lightwave Logic, Inc.'s EBITDA?
Lightwave Logic, Inc. (LWLG) reported EBITDA of -$6.23M in Q1 2026.
How has Lightwave Logic, Inc.'s EBITDA changed year-over-year?
Lightwave Logic, Inc.'s EBITDA decreased by 40.0% year-over-year, from -$4.45M to -$6.23M.
What is the long-term trend for Lightwave Logic, Inc.'s EBITDA?
Over 4 years (2021 to 2025), Lightwave Logic, Inc.'s EBITDA has grown at a 4.0% compound annual growth rate (CAGR), from -$16.12M to -$18.86M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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