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Wave Life Sciences WVE Operating Cash Flow

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Other financials

Income statement

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Revenue$2.3M-73.9%
Operating income-$73.8M-39.9%
Net income-$69.4M-37.4%
EPS (diluted)-$0.34-9.7%

Balance sheet

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Cash & equivalents$368.0M+76.5%
Total debt$43.6M+101%
Total equity$453.5M+226%
Total assets$558.3M+121%

Cash flow

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CapEx$884.0K+189%
Free cash flow-$54.5M-17.6%

Valuation

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Market cap$1.2B-6.8%
Enterprise value$877.58M-20.4%
P/S20.6×-16.6×

Profitability

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Operating margin-75.7%-33.6pp
Net margin-66.5%-29.9pp
FCF margin-27.2%-12.6pp

Returns & leverage

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Return on equity-68.3%
Debt / equity0.1×-0.1×
Current ratio10×+7.4×

Where this comes from

Reported directly by Wave Life Sciences in its filing.

Tagged under the XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities.

The source filing: Wave Life Sciences’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 7:50 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-324949
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Accrued expenses and other current liabilities(8,322)(8,055)
Deferred revenue(29,631)(16,257)
Operating lease liabilities(4,191)(3,693)
Net cash used in operating activities(113,135)(109,051)
Cash flows from investing activities
Purchases of property and equipment(1,322)(471)
Purchases of marketable securities(122,570)
Net cash used in investing activities(123,892)(471)

Item 1. Financial Statements

FAQ

What is Wave Life Sciences's operating cash flow?
Wave Life Sciences (WVE) reported operating cash flow of -$53.58M in Q2 2026.
How has Wave Life Sciences's operating cash flow changed year-over-year?
Wave Life Sciences's operating cash flow decreased by 16.5% year-over-year, from -$46.01M to -$53.58M.
What is the long-term trend for Wave Life Sciences's operating cash flow?
Over 3 years (2021 to 2025), Wave Life Sciences's operating cash flow has grown at a 28.2% compound annual growth rate (CAGR), from -$88.99M to -$187.49M.
What does operating cash flow mean?
Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.

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