Lightwave Logic Operating Expenses Growth & History (LWLG)
Lightwave Logic's operating expenses was $21.0M for fiscal 2025.
View full Lightwave Logic company overviewLightwave Logic annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $21.0M | −$2.2M | −9.43% |
| 2024 | 2024-12-31 | $23.2M | $1.9M | +9.02% |
| 2023 | 2023-12-31 | $21.3M | $4.1M | +24.07% |
| 2022 | 2022-12-31 | $17.1M | $143,221 | +0.84% |
| 2021 | 2021-12-31 | $17.0M | $10.4M | +157.52% |
| 2020 | 2020-12-31 | $6.6M | $280,567 | +4.44% |
| 2019 | 2019-12-31 | $6.3M | $718,391 | +12.83% |
| 2018 | 2018-12-31 | $5.6M | $77,478 | +1.40% |
| 2017 | 2017-12-31 | $5.5M | $1.4M | +33.56% |
| 2016 | 2016-12-31 | $4.1M | −$710,103 | −14.65% |
| 2015 | 2015-12-31 | $4.8M | $449,997 | +10.24% |
| 2014 | 2014-12-31 | $4.4M | $695,247 | +18.79% |
| 2013 | 2013-12-31 | $3.7M | −$725,727 | −16.40% |
| 2012 | 2012-12-31 | $4.4M | $1.1M | +33.47% |
| 2011 | 2011-12-31 | $3.3M | −$399,728 | −10.76% |
| 2010 | 2010-12-31 | $3.7M | — | — |
Lightwave Logic quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.3M | $2.4M | +48.24% |
| Q1 2026 | 2026-03-31 | $6.8M | $1.8M | +37.06% |
| Q4 2025 | 2025-12-31 | $5.9M | $211,368 | +3.69% |
| Q3 2025 | 2025-09-30 | $5.2M | −$111,706 | −2.10% |
| Q2 2025 | 2025-06-30 | $4.9M | −$1.3M | −21.30% |
| Q1 2025 | 2025-03-31 | $4.9M | −$952,989 | −16.20% |
| Q4 2024 | 2024-12-31 | $5.7M | — | — |
| Q3 2024 | 2024-09-30 | $5.3M | −$66,258 | −1.23% |
| Q2 2024 | 2024-06-30 | $6.3M | $918,230 | +17.19% |
| Q1 2024 | 2024-03-31 | $5.9M | — | — |
| Q3 2023 | 2023-09-30 | $5.4M | — | — |
| Q2 2023 | 2023-06-30 | $5.3M | — | — |
| Q1 2022 | 2022-03-31 | $3.5M | $1.6M | +85.18% |
| Q4 2021 | 2021-12-31 | $7.4M | $5.8M | +367.40% |
| Q3 2021 | 2021-09-30 | $4.3M | $2.7M | +167.39% |
| Q2 2021 | 2021-06-30 | $3.5M | $1.8M | +111.74% |
| Q1 2021 | 2021-03-31 | $1.9M | $99,576 | +5.54% |
| Q4 2020 | 2020-12-31 | $1.6M | $132,719 | +9.16% |
| Q3 2020 | 2020-09-30 | $1.6M | $13,549 | +0.86% |
| Q2 2020 | 2020-06-30 | $1.6M | $58,586 | +3.72% |
| Q1 2020 | 2020-03-31 | $1.8M | $75,713 | +4.40% |
| Q4 2019 | 2019-12-31 | $1.4M | $222,300 | +18.12% |
| Q3 2019 | 2019-09-30 | $1.6M | $132,413 | +9.17% |
| Q2 2019 | 2019-06-30 | $1.6M | $119,462 | +8.21% |
| Q1 2019 | 2019-03-31 | $1.7M | $244,216 | +16.54% |
| Q4 2018 | 2018-12-31 | $1.2M | −$264,226 | −17.72% |
| Q3 2018 | 2018-09-30 | $1.4M | $237,602 | +19.70% |
| Q2 2018 | 2018-06-30 | $1.5M | −$183,238 | −11.19% |
| Q1 2018 | 2018-03-31 | $1.5M | $287,340 | +24.17% |
| Q4 2017 | 2017-12-31 | $1.5M | $397,605 | +36.36% |
| Q3 2017 | 2017-09-30 | $1.2M | $262,606 | +27.84% |
| Q2 2017 | 2017-06-30 | $1.6M | $598,133 | +57.55% |
| Q1 2017 | 2017-03-31 | $1.2M | $129,616 | +12.24% |
| Q4 2016 | 2016-12-31 | $1.1M | $295,644 | +37.05% |
| Q3 2016 | 2016-09-30 | $943,326 | −$986,598 | −51.12% |
| Q2 2016 | 2016-06-30 | $1.0M | −$13,008 | −1.24% |
| Q1 2016 | 2016-03-31 | $1.1M | −$6,141 | −0.58% |
| Q4 2015 | 2015-12-31 | $797,967 | −$437,952 | −35.44% |
| Q3 2015 | 2015-09-30 | $1.9M | $769,201 | +66.27% |
| Q2 2015 | 2015-06-30 | $1.1M | $40,967 | +4.05% |
| Q1 2015 | 2015-03-31 | $1.1M | $77,781 | +7.88% |
| Q4 2014 | 2014-12-31 | $1.2M | $400,744 | +47.98% |
| Q3 2014 | 2014-09-30 | $1.2M | $162,963 | +16.33% |
| Q2 2014 | 2014-06-30 | $1.0M | $46,869 | +4.86% |
| Q1 2014 | 2014-03-31 | $987,671 | $84,671 | +9.38% |
| Q4 2013 | 2013-12-31 | $835,175 | −$842,480 | −50.22% |
| Q3 2013 | 2013-09-30 | $997,760 | $27,963 | +2.88% |
| Q2 2013 | 2013-06-30 | $964,502 | −$44,611 | −4.42% |
| Q1 2013 | 2013-03-31 | $903,000 | $133,401 | +17.33% |
| Q4 2012 | 2012-12-31 | $1.7M | $901,117 | +116.04% |
| Q3 2012 | 2012-09-30 | $969,797 | $243,678 | +33.56% |
| Q2 2012 | 2012-06-30 | $1.0M | $121,537 | +13.69% |
| Q1 2012 | 2012-03-31 | $769,599 | −$156,511 | −16.90% |
| Q4 2011 | 2011-12-31 | $776,538 | — | — |
| Q3 2011 | 2011-09-30 | $726,119 | −$71,864 | −9.01% |
| Q2 2011 | 2011-06-30 | $887,576 | $4,107 | +0.46% |
| Q1 2011 | 2011-03-31 | $926,110 | — | — |
| Q3 2010 | 2010-09-30 | $797,983 | — | — |
| Q2 2010 | 2010-06-30 | $883,469 | — | — |
Lightwave Logic operating expenses trends
Over the last five fiscal years, Lightwave Logic's operating expenses increased from $6.6M to $21.0M, a change of $14.4M. The latest reported quarter, Q2 2026, shows $7.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lightwave Logic source filings ↗