What is Wave Life Sciences's net margin?

Wave Life Sciences (WVE) reported net margin of -66.5% in Q2 2024.

How has Wave Life Sciences's net margin changed year-over-year?

Wave Life Sciences's net margin increased by 81.5% year-over-year, from -358.9% to -66.5%.

What is the long-term trend for Wave Life Sciences's net margin?

Over 3 years (2020 to 2023), Wave Life Sciences's net margin has grown at a -59.2% compound annual growth rate (CAGR), from -746.7% to -50.8%.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

Wave Life Sciences WVE Net margin

Net margin at other companies

Eli LillyLLY

35%+12.3pp

Sarepta Therapeutics, Inc.SRPT

4.6%+2.4pp

Ionis PharmaceuticalsIONS

-30.9%-10.5pp

Madrigal Pharmaceuticals, Inc.MDGL

-27.3%-12.0pp

ALN

Alnylam PharmaceuticalsALNY

11.7%+8.0pp

Beam TherapeuticsBEAM

-742.7%—

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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Operating cash flow-$59.6M+5.5%

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

FCF margin-27.2%-12.6pp

Returns & leverage

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Return on equity-53.7%—

Debt / equity0×-0.1×

Current ratio11.3×+8.3×

Where this comes from

Calculated from Wave Life Sciences’s reported figures.

net income/total revenue=-66.5%

Based on trailing twelve months.

The official record: Wave Life Sciences’s 10-Q, filed August 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wave Life Sciences's net margin?: Wave Life Sciences (WVE) reported net margin of -66.5% in Q2 2024.
How has Wave Life Sciences's net margin changed year-over-year?: Wave Life Sciences's net margin increased by 81.5% year-over-year, from -358.9% to -66.5%.
What is the long-term trend for Wave Life Sciences's net margin?: Over 3 years (2020 to 2023), Wave Life Sciences's net margin has grown at a -59.2% compound annual growth rate (CAGR), from -746.7% to -50.8%.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.