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Wave Life Sciences vs Ocular Therapeutix: WVE and OCUL compared
Wave Life Sciences is the larger company: $13.2M of revenue in its latest quarter (Q3 2026) against $12.9M for Ocular Therapeutix (Q3 2026). Wave Life Sciences is growing faster (+73% against -12% a year earlier). Wave Life Sciences is more profitable, with an operating margin of -502.0% against -760.1%.
Where the money goes: WVE and OCUL
Wave Life Sciences (WVE) · Q3 2026
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.
Ocular Therapeutix (OCUL) · Q3 2026
Ocular Therapeutix, Q3 2026: revenue $12.9M (-12% year over year), operating margin -760.1%, net loss $94.8M, operating cash flow −$65.6M. The chart follows the revenue to costs, profit and cash.
| Wave Life Sciences (WVE) | Ocular Therapeutix (OCUL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $13.2M | $12.9M |
| Revenue growth, Y/Y | +73% | -12% |
| Operating margin | -502.0% | -760.1% |
| Net earnings | −$61.9M | −$94.8M |
| Net margin | -470.5% | -736.2% |
| Operating cash flow | −$60.1M | −$65.6M |
Questions
Which is bigger, Wave Life Sciences or Ocular Therapeutix?
Wave Life Sciences is the larger company: $13.2M of revenue in its latest quarter (Q3 2026) against $12.9M for Ocular Therapeutix (Q3 2026).
Is Wave Life Sciences or Ocular Therapeutix growing faster?
Wave Life Sciences is growing faster (+73% against -12% a year earlier).
Which is more profitable, Wave Life Sciences or Ocular Therapeutix?
Wave Life Sciences is more profitable, with an operating margin of -502.0% against -760.1%.
More: Wave Life Sciences earnings · how Wave Life Sciences makes money · Ocular Therapeutix earnings · how Ocular Therapeutix makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 27, 2026; 10-Q filed Nov 9, 2026). Fiscal quarters can end on different dates. Not investment advice.