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Wave Life Sciences WVE Q2 2025 earnings

Reported July 30, 2025 · Before market open

Revenue$8.7MMiss by $1.2M
EPS-$0.31Miss by $0.02
Revenue estimate$9.9M
EPS estimate-$0.29

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$7.4M
EPS estimate-$0.31

Financials

Q2 2025

Income statement

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Revenue$8.7M-55.8%
Operating income-$52.8M-50.8%
Net income-$50.5M-53.3%
EPS (diluted)-$0.31-24.0%

Balance sheet

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Cash & equivalents$208.5M+35.4%
Total debt$21.7M-24.8%
Total equity$139.3M+4,105%
Total assets$252.4M+20.8%

Cash flow

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Operating cash flow-$46.0M-67.5%
CapEx$306.0K+488%
Free cash flow-$46.3M-68.3%

Valuation & ratios

Valuation

as of 06/30/25
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Market cap$1.06B+64.7%
Enterprise value$875.72M+68.4%

Returns & leverage

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Debt / equity0.2×
Current ratio2.6×+1.6×

Versus estimates

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Questions, answered.

When did Wave Life Sciences report Q2 2025 earnings?
Wave Life Sciences (WVE) reported Q2 2025 earnings on July 30, 2025 before market open.
What were Wave Life Sciences's Q2 2025 revenue and EPS?
Wave Life Sciences reported revenue of $8.7M and eps of $-0.31 for Q2 2025.
Did Wave Life Sciences beat estimates in Q2 2025?
Revenue missed the consensus estimate of $9.9M by $1.2M. EPS missed the consensus estimate of $-0.29 by $0.02.
How did Wave Life Sciences's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 55.8% from $19.7M a year earlier and eps declined 24.0% from $-0.25.
Where can I find Wave Life Sciences's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0000950170-25-099884) directly on SEC EDGAR. The filing index links above go to sec.gov.