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Wave Life Sciences WVE Operating Cash Flow

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Other financials

Income statement

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Revenue$38.2M+317%
Operating income-$31.3M+37.2%
Net income-$26.1M+44.4%
EPS (diluted)-$0.13+55.2%

Balance sheet

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Cash & equivalents$544.6M+124%
Total debt$15.7M-33.4%
Total equity$511.7M+198%
Total assets$583.5M+102%

Cash flow

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CapEx$438.0K+165%
Free cash flow-$60.0M+5.1%

Valuation

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Market cap$1.14B+13.0%
Enterprise value$615.92M-22.3%
P/S15.1×-12.2×

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-53.7%
Debt / equity-0.1×
Current ratio11.3×+8.3×

Where this comes from

Reported directly by Wave Life Sciences in its filing.

Tagged under the XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities.

The official record: Wave Life Sciences’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wave Life Sciences's operating cash flow?
Wave Life Sciences (WVE) reported operating cash flow of -$59.55M in Q1 2026.
How has Wave Life Sciences's operating cash flow changed year-over-year?
Wave Life Sciences's operating cash flow increased by 5.5% year-over-year, from -$63.04M to -$59.55M.
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.