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Wave Life Sciences WVE SG — 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 Singapore of $144.8 million and $132.7 million, respectively, which may be available to offset future Singapore taxable income and can be carried forward indefinitely.

Item 16. Form 10-K Summary

FAQ

What is Wave Life Sciences's SG — deferred tax assets operating loss carryforwards?
Wave Life Sciences (WVE) reported SG — deferred tax assets operating loss carryforwards of $144.8M in Q4 2025.
How has Wave Life Sciences's SG — deferred tax assets operating loss carryforwards changed year-over-year?
Wave Life Sciences's SG — deferred tax assets operating loss carryforwards increased by 9.1% year-over-year, from $132.7M to $144.8M.
What does SG — deferred tax assets operating loss carryforwards mean?
This metric quantifies the value of tax losses that can be carried forward to offset future taxable income within the segment. It represents a potential future tax benefit that is contingent upon the segment achieving future profitability.

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