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Wave Life Sciences (WVE) R&D spending by quarter

Wave Life Sciences' R&D spending was $53.8M in Q3 2026 (third quarter 2026), +5% from Q2 2026. Over the last 5 quarters it ranged from $40.6M (Q1 2025) to $53.8M (Q3 2026).

Wave Life Sciences R&D spending by quarterWave Life Sciences R&D spending by quarter$40.6MQ1 2025$43.5MQ2 2025$47.4MQ1 2026$51.3MQ2 2026$53.8MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$53.8M+5%—
Q2 2026$51.3M+8%+18%
Q1 2026$47.4M+9%+17%
Q2 2025$43.5M+7%—
Q1 2025$40.6M——

Q3 2026 at a glance

Wave Life Sciences, Q3 2026: revenue $13.2M (+73% year over year), operating margin -502.0%, net loss $61.9M, operating cash flow −$60.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Wave Life Sciences' R&D spending?

Wave Life Sciences' R&D spending was $53.8M in Q3 2026 (third quarter 2026), +5% from Q2 2026.

How has Wave Life Sciences' R&D spending changed?

Over the last 5 quarters it ranged from $40.6M (Q1 2025) to $53.8M (Q3 2026).

Q3 2026 results → · How Wave Life Sciences makes money →