Lightwave Logic, Inc. (LWLG) Revenue History
Annual and quarterly revenue from 2005 to present
LWLG Revenue Over Time (2005–2025)
LWLG Revenue Growth History
2 of 4 years with positive growth- FY2005 revenue growth
- N/A
- FY2006 revenue growth
- N/A
- FY2007 revenue growth
- N/A
- FY2008 revenue growth
- N/A
- FY2009 revenue growth
- N/A
- FY2010 revenue growth
- N/A
- FY2011 revenue growth
- -100.0%
- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- N/A
- FY2014 revenue growth
- N/A
- FY2015 revenue growth
- -100.0%
- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- N/A
- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- N/A
- FY2023 revenue growth
- N/A
- FY2024 revenue growth
- +136.1%
- FY2025 revenue growth
- +147.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $29K | +27.3% |
| Q4 2025 | $159K | +594.5% |
| Q3 2025 | $29K | +27.3% |
| Q2 2025 | $26K | +32.3% |
| Q1 2025 | $23K | -24.7% |
| Q4 2024 | $23K | -43.4% |
| Q3 2024 | $23K | — |
| Q2 2024 | $19K | — |
Multi-year avg. share of annual revenue by fiscal quarter
LWLG Revenue Analysis (2005–2025)
Current Revenue & Growth
As of June 28, 2026, Lightwave Logic, Inc. (LWLG) generated trailing twelve-month (TTM) revenue of $243,105, reflecting exceptional growth of +27.3% year-over-year. The most recent quarter (Q1 2026) recorded $29,167 in revenue, down 81.7% sequentially.
Historical Growth Trajectory
LWLG's historical revenue data shows various trends over time. Lightwave Logic, Inc.'s highest annual revenue of $236,855 was recorded in 2025, an all-time high.
Peer Comparison
Compared to Basic Materials sector peers — including POET (+607.6% YoY), COHU (+23.1% YoY), and AAOI (+64.3% YoY) — LWLG has underperformed the peer group in revenue growth. Compare LWLG vs POET →
LWLG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LWLGCurrent | $243,105 | +27.3% | - | -8765.5% | |
 POET | $1M | +607.6% | -22.7% | -3150.5% | |
 COHU | $453M | +23.1% | -6.6% | -13.3% | |
 AAOI | $456M | +64.3% | +14.2% | -12.0% | |
 LITE | $1.6B | +69.0% | -0.4% | -10.9% | |
 COHR | $5.8B | +32257.9% | +19.5% | 9.4% |
LWLG Historical Revenue Data (2005–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $237K | +147.7% | $-1,878,690 | -793.2% | $-20,761,424 | -8765.5% |
| 2024 | $96K | +136.1% | $88K | 92.3% | $-23,089,143 | -24150.6% |
| 2023 | $41K | - | $38K | 93.8% | $-21,225,265 | -52405.5% |
| 2022 | $0 | - | $-1,045,207 | - | $-17,139,664 | - |
| 2021 | $0 | - | $-878,520 | - | $-16,996,443 | - |
| 2020 | $0 | - | $-784,419 | - | $-6,599,974 | - |
| 2019 | $0 | - | $-698,694 | - | $-6,319,407 | - |
| 2018 | $0 | - | $-465,795 | - | $-5,601,016 | - |
| 2017 | $0 | - | $-325,946 | - | $-5,523,538 | - |
| 2016 | $0 | - | $-195,610 | - | $-4,135,578 | - |
| 2015 | $0 | -100.0% | $-179,907 | - | $-4,845,681 | - |
| 2014 | $3K | - | $3K | 100.0% | $-4,393,184 | -175727.4% |
| 2013 | $0 | - | $0 | - | $-3,700,437 | - |
| 2012 | $0 | - | $0 | - | $-4,426,164 | - |
| 2011 | $0 | -100.0% | $0 | - | $-3,316,343 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
21+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
LWLG — Frequently Asked Questions
Quick answers to the most common questions about buying LWLG stock.
Is LWLG's revenue growth accelerating or slowing?
LWLG revenue growth is accelerating. TTM revenue reached $243105.00, up +27.3% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is LWLG's revenue history from 2005 to 2026?
Lightwave Logic, Inc. (LWLG) revenue history spans 2005 to 2026. TTM revenue as of 2026 is $243105.00, growing at +27.3% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is LWLG's long-term revenue growth rate (CAGR)?
Lightwave Logic, Inc.'s 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +27.3% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for LWLG.
Why does LWLG's quarterly revenue fluctuate?
LWLG quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Lightwave Logic, Inc.'s revenue data from 2005 to 2026 shows full historical quarterly detail on this page.
How is LWLG's revenue distributed by segment?
LWLG reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does LWLG's revenue compare to industry peers?
Lightwave Logic, Inc. (LWLG) with TTM revenue of $243105.00 and +27.3% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.