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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%
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$1.29B+719%
Enterprise value$1.22B+824%
P/S5,317.6×+3,526×

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.

The official record: Lightwave Logic, Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lightwave Logic, Inc.'s gross profit?
Lightwave Logic, Inc. (LWLG) reported gross profit of $27.83K in Q1 2026.
How has Lightwave Logic, Inc.'s gross profit changed year-over-year?
Lightwave Logic, Inc.'s gross profit increased by 33.2% year-over-year, from $20.89K to $27.83K.
What is the long-term trend for Lightwave Logic, Inc.'s gross profit?
Over 2 years (2023 to 2025), Lightwave Logic, Inc.'s gross profit has grown at a 146.1% compound annual growth rate (CAGR), from $37.99K to $230.03K.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.