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Other financials

Income statement

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Gross profit$32.8K+47.9%
Operating income-$7.3M-48.3%
Net income-$6.6M-33.2%
EPS (diluted)-$0.040.0%

Balance sheet

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Cash & equivalents$47.2M+114%
Total debt$2.5M-6.8%
Total equity$104.2M+261%
Total assets$108.1M+233%

Cash flow

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Operating cash flow-$5.8M-54.4%
CapEx$1.1M+2,547%
Free cash flow-$6.9M-80.8%

Valuation

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Market cap$838.67M+49.6%
Enterprise value$793.96M+50.3%
P/S3,351.3×-2,220×

Profitability

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Gross margin98.9%+7.1pp
Operating margin-9,688.2%-3,480pp
Net margin-9,134.4%-3,352pp
FCF margin-7,323.7%-2,617pp

Returns & leverage

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Return on equity-34.4%-10.8pp
Debt / equity0×-0.1×
Current ratio62.8×+42.1×

Where this comes from

Reported directly by Lightwave Logic, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Lightwave Logic, Inc.’s 10-Q, filed August 14, 2026.

Filed
Aug 14, 2026, 8:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001079973-26-001097
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025 (Restated)Six Months Ended June 30, 2026Six Months Ended June 30, 2025 (Restated)
NET SALES$32,751$25,605$61,918$48,522
COST AND EXPENSE
Cost of sales—3,4631,3365,491
Research and development3,878,7032,621,4417,368,9985,710,659
General and administrative3,423,1882,300,8846,686,0544,137,936
TOTAL COST AND EXPENSE7,301,8914,925,78814,056,3889,854,086
LOSS FROM OPERATIONS(7,269,140)(4,900,183)(13,994,470)(9,805,564)
OTHER INCOME (EXPENSE)

Item 1.A “Risk Factors” in this report on Form 10-Q. Many factors could cause our actual results to differ materially from

FAQ

What is Lightwave Logic, Inc.'s total revenue?
Lightwave Logic, Inc. (LWLG) reported total revenue of $32.75K in Q2 2026.
How has Lightwave Logic, Inc.'s total revenue changed year-over-year?
Lightwave Logic, Inc.'s total revenue increased by 27.9% year-over-year, from $25.61K to $32.75K.
What is the long-term trend for Lightwave Logic, Inc.'s total revenue?
Over 2 years (2023 to 2025), Lightwave Logic, Inc.'s total revenue has grown at a 141.8% compound annual growth rate (CAGR), from $40.5K to $236.86K.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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