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Wave Life Sciences WVE Restricted Cash

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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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Operating cash flow-$53.6M-16.5%
CapEx$884.0K+189%
Free cash flow-$54.5M-17.6%

Valuation

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Market cap$1.2B-7.3%
Enterprise value$871.66M-21.0%
P/S20.5×-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:RestrictedCashAndCashEquivalentsNoncurrent.

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 itemJune 30, 2026December 31, 2025
Long-term assets:
Property and equipment, net of accumulated depreciation of $50,819 and $49,522 as of June 30, 2026 and December 31, 2025, respectively6,8337,405
Operating lease right-of-use assets39,49812,458
Restricted cash3,8153,806
Other assets66716
Total long-term assets50,81323,685
Total assets$558,321$638,499
Liabilities, Series A preferred shares, and shareholders’ equity

Item 1. Financial Statements

FAQ

What is Wave Life Sciences's restricted cash?
Wave Life Sciences (WVE) reported restricted cash of $3.82M in Q2 2026.
How has Wave Life Sciences's restricted cash changed year-over-year?
Wave Life Sciences's restricted cash increased by 0.8% year-over-year, from $3.78M to $3.82M.
What is the long-term trend for Wave Life Sciences's restricted cash?
Over 5 years (2020 to 2025), Wave Life Sciences's restricted cash has grown at a 0.8% compound annual growth rate (CAGR), from $3.65M to $3.81M.
What does restricted cash mean?
Cash restricted for specific purposes by contractual, regulatory, or legal requirements — not available for general corporate use.

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