Filing Flows › Lightwave Logic (LWLG) › Q1 2026
Lightwave Logic (LWLG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Lightwave Logic (LWLG) reported revenue of $29K for the first quarter 2026 (Q1 2026), +27% from a year earlier and -82% from the quarter before.
Lightwave Logic, Q1 2026: revenue $29K (+27% year over year), net loss $6.3M, operating cash flow −$4.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29K | -82% | +27% |
| Operating profit | −$6.7M | — | — |
| Net earnings | −$6.3M | — | — |
| Operating cash flow | −$4.1M | — | — |
What changed
Revenue was $29K in Q1 2026, up 27% year over year and down 82% from the previous quarter.
Operating costs exceeded revenue by $6.7M, an operating margin of -23058.0%. The fastest-growing cost line was General & admin (+78%). The quarter ended with a net loss of $6.3M, wider than the previous quarter's $4.8M loss.
Operating cash flow was −$4.1M. Non-cash charges added back $496K of depreciation and amortization and $1.7M of share-based compensation. Capital expenditures of $450K exceeded it, leaving free cash flow of −$4.5M.
Questions
What was Lightwave Logic's revenue in the first quarter 2026?
Lightwave Logic (LWLG) reported revenue of $29K for the first quarter 2026 (Q1 2026), +27% from a year earlier and -82% from the quarter before.
Source: Lightwave Logic 10-Q on SEC EDGAR.