Lightwave Logic, Inc. (LWLG) Net Income
The trailing-twelve-month (TTM) net income for Lightwave Logic, Inc. (LWLG) is ($21.92 Million) — a year-over-year growth rate is not meaningful while net income is negative, so we show an honest n/m rather than a sign-ambiguous percentage. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
LWLG Annual Net Income
LWLG Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
Net Income (TTM)
($21.92M)
($21.92 Million)
Year-over-Year Change
n/m
not meaningful — net income is negative this period
Net Income CAGR
N/A
Compound annual growth rate unavailable
Net Income CAGR (Compound Annual Growth Rate)
1 Year
N/A
3 Year
N/A
5 Year
N/A
10 Year
N/A
15 Year
N/A
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | ($20.31M) | +$2.22M | — |
| 2024 | ($22.54M) | ($1.50M) | — |
| 2023 | ($21.04M) | ($3.81M) | — |
| 2022 | ($17.23M) | +$1.40M | — |
| 2021 | ($18.63M) | ($11.92M) | — |
| 2020 | ($6.72M) | +$11,403 | — |
| 2019 | ($6.73M) | ($954,009) | — |
| 2018 | ($5.77M) | ($23,576) | — |
| 2017 | ($5.75M) | ($1.34M) | — |
| 2016 | ($4.41M) | +$438,224 | — |
Net Income Growth Summary
TTM Growth
n/m
3-Year Avg Growth
n/m
5-Year Avg Growth
n/m
About Lightwave Logic, Inc.
Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in intellectual property licensing; and royalty activities. The company serves semiconductor foundries, silicon photonics device designers, and optical module manufacturers, as well as system integrators serving artificial intelligence, cloud computing, data center, and telecommunications markets. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.
- Sector
- Technology
- Industry
- Chemicals - Specialty
- CEO
- Yves LeMaitre