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Wave Life Sciences WVE JP — Deferred Tax Assets Operating Loss Carryforwards

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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$877.58M-21.0%
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:DeferredTaxAssetsOperatingLossCarryforwards.

The source filing: Wave Life Sciences’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 7:50 AM EST
Fiscal year
FY2025
Accession
0001193125-26-073472

As of December 31, 2025 and 2024, the Company had net operating loss carryforwards in Japan of $0.1 million and $0.7 million, respectively, which may be available to offset future Japan taxable income and begin to expire in 2027.

Item 16. Form 10-K Summary

FAQ

What is Wave Life Sciences's JP — deferred tax assets operating loss carryforwards?
Wave Life Sciences (WVE) reported JP — deferred tax assets operating loss carryforwards of $100K in Q4 2025.
How has Wave Life Sciences's JP — deferred tax assets operating loss carryforwards changed year-over-year?
Wave Life Sciences's JP — deferred tax assets operating loss carryforwards decreased by 85.7% year-over-year, from $700K to $100K.
What does JP — deferred tax assets operating loss carryforwards mean?
This metric represents the total value of tax losses generated within the Japan geographic segment that can be carried forward to offset future taxable income. It serves as a potential tax shield, reflecting the historical cumulative losses of the regional operations. Investors monitor this to assess the future tax savings potential and the company's ability to utilize these assets against future profitability in the Japanese market.

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