earnings
confidence high
sentiment positive
materiality 0.75
Wave Q1 revenue $38.2M; net loss narrows to $26.1M; WVE-007 Phase 2a begins Q2 2026
Wave Life Sciences Ltd.
2026-Q1 EPS reported
-$0.13
revenue$38,246,000
- Revenue $38.2M (up from $9.2M); net loss $26.1M (vs $46.9M).
- Cash $544.6M; runway into Q3 2028, excluding GSK milestones.
- FDA accepted Phase 2a multidose portion of WVE-007 (obesity); trial to start Q2 2026.
- Phase 1 six-month data: total fat -5.3%, visceral fat -14.3% (p<0.05), muscle +2.4%.
- WVE-006 AATD data at ATS May 18 & EASL May 29; accelerated approval feedback mid-2026.