Lightwave Logic
Develops electro-optic polymers and modulator designs for high-speed photonic data links.
Something off on this page? Send us feedback.
Profile
Develops Perkinamine electro-optic polymers and modulator designs for high-speed data communications. Its business combines material supply and licensing, with integration aimed at third-party silicon-photonics and related foundry platforms.
Perkinamine electro-optic polymers, modulator designs, supporting materials, fabrication processes, and metrology form a technology platform for high-speed optical modulators in data communications and other photonic applications. The technology is designed to convert electrical signals to optical signals within silicon-photonics and related photonic-integrated-circuit platforms.
Materials synthesis, device and package design, wafer fabrication, and testing capabilities are based in Englewood, Colorado. Rather than build proprietary semiconductor wafer fabs, the company plans for EO-material integration at third-party semiconductor foundries.
A non-exclusive Perkinamine material-supply and licence agreement pairs material supply with royalties tied to licensed-product sales. The commercialization model depends on technical qualification, partner and foundry adoption, and licensees’ product sales.
Company facts
Key statistics
Year to date +49.5% · Average volume (30d) 3.0M
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 11, 2026Q2 FY26 | — | −$0.04 | — | — | $32.8K | — | −0.66% |
| May 14, 2026Q1 FY26 | — | −$0.04 | — | — | $29.0K | — | −8.57% |
| Mar 20, 2026Q4 FY25 | — | −$0.04 | — | — | $159.2K | — | +9.31% |
| Nov 14, 2025Q3 FY25 | — | −$0.04 | — | — | $29.2K | — | −3.72% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $22.9K | $25.6K | $29.2K | $159.2K | $29.2K | $32.8K | |
| Gross profit | $20.9K | $22.1K | −$514.1K | −$363.6K | −$522.1K | $32.8K | |
| Operating income | −$4.9M | −$5.6M | −$5.2M | −$5.1M | −$6.7M | −$7.3M | |
| Net income | −$4.7M | −$5.7M | −$5.1M | −$4.8M | −$6.3M | −$6.6M | |
| Diluted EPS | −$0.04 | −$0.05 | −$0.04 | −$0.04 | −$0.04 | −$0.04 | |
| Gross margin | 91.2% | 86.5% | -1,762.7% | -228.4% | -1,790.1% | 100.0% | |
| Operating margin | -21,405.0% | -21,892.9% | -17,757.5% | -3,186.1% | -23,058.0% | -22,195.2% |
Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $40.5K · FY24 $95.6K · FY25 $236.9K
Balance sheet, Jun 30, 2026Cash & short-term investments $95.9M · Total debt $2.5M · Total assets $108.1M · Shareholders' equity $104.2M
Dividends
No dividends on record.
Ownership
Shares outstanding 154.08M · Float 152.55M · 99.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 12.04M | 7.80% | 13G | Jul 29, 2026 |
| Vanguard Capital Management LLC | 6.11M | 3.97% | 13F | May 15, 2026 |
| Marshall Wace, LLP | 5.90M | 3.83% | 13F | May 15, 2026 |
| Vanguard Portfolio Management LLC | 3.08M | 2.00% | 13F | May 8, 2026 |
| Millennium Management LLC | 2.98M | 1.94% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 1, 2026 | Snizhana P. Quan | officer: Principal Financial Officer | −345 | $11.41 |
| Apr 10, 2026 | Snizhana P. Quan | officer: Principal Financial Officer | −20,000 | $10.36 |
| Apr 1, 2026 | Craig Ciesla | director | −11,000 | $6.81 |
| Apr 7, 2026 | Siraj Nour El-Ahmadi | director | −54,536 | $7.76 |
| Apr 6, 2026 | Thomas M. Jr Connelly | director | −9,000 | $8.52 |
Peers
- Coherent
InP optical engines and transceivers for AI and data-center links
- Lumentum
InP EMLs for 400G/800G data-center optical modules
- Intel
Silicon-photonics PICs and optical interconnects for data centers
- POET Technologies
Hybrid InP interposer and optical engines for AI data centers
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Lightwave Logic | $5.54 | +1.25% | $845.9M | — | — | 3,380.2 | +27.9% |
| Coherent | $279.00 | −0.02% | $54.62B | 67.9 | 29.8 | 7.7 | +33.7% |
| Lumentum | $895.00 | +0.03% | $69.63B | — | 41.5 | 23.1 | +136.7% |
| Intel | $89.24 | −0.21% | $451.29B | — | 53.8 | 7.9 | +25.4% |
| POET Technologies | $7.55 | +0.53% | $990.1M | — | — | 578.0 | +112.3% |
| Median | 67.9 | 41.5 | 15.5 | +73.0% |