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Wave Life Sciences WVE Operating Income

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-$92.72M-16.9%
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-$125.28M-2.4%
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Zevra Therapeutics, Inc.ZVRA
$52.15M+1,073%

Other financials

Income statement

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Revenue$38.2M+317%
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
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:OperatingIncomeLoss.

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 income?
Wave Life Sciences (WVE) reported operating income of -$31.3M in Q1 2026.
How has Wave Life Sciences's operating income changed year-over-year?
Wave Life Sciences's operating income increased by 37.2% year-over-year, from -$49.8M to -$31.3M.
What is the long-term trend for Wave Life Sciences's operating income?
Over 3 years (2021 to 2025), Wave Life Sciences's operating income has grown at a 19.2% compound annual growth rate (CAGR), from -$127.02M to -$215.38M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.