LWLGLightwave Logic, Inc.

$5.83

Is the business good?

How good a business is LWLG?

Lightwave Logic, Inc. keeps −8999% of every revenue dollar as operating profit, against 9.1% for the median Specialty Chemicals name.

−8999%

Operating margin · Specialty Chemicals median 9.1% · 12 months to Q1 2026

Share count, year on year
+19%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
4883%

R&D as % of revenue

Gross margin
97%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2023−52405%
FY2024−24151%
FY2025−8765%
Details
Gross margin12 months to Q1 2026
97%
Operating margin12 months to Q1 2026
−8999%
Net margin12 months to Q1 2026
−8725%
Free cash flow margin
−6273%
R&D as % of revenue
4883%
Revenue, trailing twelve months
$243K
Free cash flow, trailing twelve months
−$15M
Net income, trailing twelve months
−$21M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.