Lightwave Logic, Inc.
LWLG
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Lightwave Logic operates in the specialty chemicals industry, which is experiencing a surge in demand for innovative materials, particularly in the optics and photonics sectors.
- In the latest quarter, revenue increased by 12% compared to the prior quarter, reflecting a positive growth trend.
- The company achieved a gross margin of 100%, indicating strong pricing power and cost management.
- Lightwave Logic's high debt-to-equity ratio of 2.402 raises concerns about financial stability and risk in a volatile market.
- The company reported a net income loss of -6.61 million in the most recent quarter, continuing a trend of negative earnings.
- Operating margin remains significantly negative at -22195.2%, highlighting ongoing operational challenges.
Fundamentals
| Market cap | $787.79M | Enterprise value | $694.39M | Trailing P/E | — | Forward P/E | -25.55 |
| PEG | — | Price / book | 7.56 | Beta | 2.41 | Dividend yield | 0.00% |
| Revenue growth | 27.9% | Earnings growth | — | Gross margin | 98.9% | Operating margin | -222.0% |
| Profit margin | 0.0% | ROE | -35.4% | ROA | -22.3% | Debt / equity | 0.02 |
| Current ratio | 62.84 | Free cash flow | -$10.94M | Analyst recommendation | none | Mean target | $10.00 |
| 52w high | $18.71 | 52w low | $2.84 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $0.0M | $0.0M | $0.2M | $0.0M | $0.0M | — |
| Op margin | -22195.2% | -23058.0% | -3186.1% | -17757.5% | -19137.6% | — |
| Net income | -$6.6M | -$6.3M | -$4.8M | -$5.1M | -$5.0M | — |
| Gross margin | 100.0% | 95.4% | 99.2% | 100.0% | 86.5% | — |
| Gross profit | $0.0M | $0.0M | $0.2M | $0.0M | $0.0M | — |
| Operating income | -$7.3M | -$6.7M | -$5.1M | -$5.2M | -$4.9M | — |
- Revenue +12% vs prior quarter ($0.0M vs $0.0M).
- Gross margin 100% (was 95.4% prior quarter).
- Operating margin expanded to -22195.2%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $0.2M | $0.1M | $0.0M | $0.0M | — |
| Op margin | -8765.5% | -24150.6% | -52405.5% | — | — |
| Net income | -$20.3M | -$22.5M | -$21.0M | -$17.2M | — |
| Gross margin | 97.1% | 92.3% | 93.8% | — | — |
| Gross profit | $0.2M | $0.1M | $0.0M | $0.0M | — |
| Operating income | -$20.8M | -$23.1M | -$21.2M | -$17.1M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-09-29 · Lightwave Logic Appoints Edward H. Kennedy to Board as Commercial Strategy Advances
2026-09-29 · Lightwave Logic, Inc. Appoints Edward H. Kennedy to its Board of Directors
2026-08-19 · Lightwave Logic's (LWLG) Rising Sales But Wider Losses: What Does This Say About Its Path To Scale?
2026-08-19 · Lightwave Logic (LWLG) Stock Could Be Pricey Despite Rich Growth Hopes
2026-08-18 · Lightwave Logic (LWLG) Reports A Wider Loss, Is The 91% Below Fair Value View Credible?
2026-08-18 · Tradr Debuts First-to-Market ETFs on Meta, AXT, Coherent & Lightwave Logic
2026-08-14 · Blaize Holdings, Lightwave Logic, nLight Diverge in Big Price Swings Today
2026-08-11 · Lightwave Logic Inc (LWLG) (Q2 2026) Earnings Call Highlights: Advancing Polymer Photonics with ...
2026-08-11 · Lightwave Logic Q2 Earnings Call Highlights
2026-08-11 · Lightwave Logic Posts Flat Q2 Loss, Revenue Increases
2026-08-11 · Lightwave Logic, Inc. Q2 2026 Earnings Call Summary
Price (daily)
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