In 2002, eight years after Marvel Comics' last Transformers book was cancelled, Transformers were once again brought back to the comic book scene by the publisher Dreamwave Productions. The young company had acquired the rights to produce a wide range of Transformers-related products, such as comic books, posters, calendars, litographs, and scrolls, and they assertively announced that they would publish not one, but two Transformers books every month. It was a bold strategy that turned out to be more successful than anyone could have imagined - Transformers Generation 1 immediately grabbed the position as North America's best-selling comic book, a position it kept for three months until it was dethroned... by the first issue of it's sister comic, Transformers Armada!

During the three years Dreamwave possessed the Transformers license they published more than a dozen Transformers titles, the large majority of them various mini-series.
Even though Transformers Generation 1 was Dreamwave's first Transformers book, the main comic - at least from Hasbro's point of view - was actually Transformers Armada (renamed Transformers Energon after # 18), which was an ongoing series specifically created to feature Hasbro's current toyline(s). The name change took place to reflect Hasbro's switch from the Armada toyline to the new Energon toys.

The titles that sold the best were the comics based on the Generation One series though. The G1 characters had seven different titles, three of them based in the present, and four of them in the past. Transformers Generation 1, a six-issue limited series, was followed in 2003 by another mini-series called Transformers Generation 1, Volume 2: War and Peace, and in 2004 by an ongoing series called Transformers Generation One, Volume 3. The early days of the Autobot/Decepticon war were depicted in Transformers: The War Within, The War Within, Volume 2: The Dark Ages, and The War Within, Volume 3: The Age of Wrath. Yet another mini-series, Transformers: Micromasters told the events on Cybertron shortly after Optimus Prime's and Megatron's crews had left for Earth.

Just like in the old Marvel comics, the Transformers also encountered the characters from Hasbro's other flagship toyline, G.I. Joe. In 2003 Dreamwave published a mini-series aptly named Transformers: G.I. Joe, which stood out from the other books in that it depicted an alternative continuity, in which the Transformers, G.I. Joe and Cobra battled it out in 1939. A second crossover, called Transformers vs G.I. Joe: Divided Front, started in October 2004. The latter series took place in modern times.

Dreamwave also published various one-shots based on various Transformers generations, plus that they completed two series of character profiles for the Generation 1 characters (in Transformers: More Than Meets The Eye) and the Transformers Armada characters (in More Than Meets The Eye Official Guidebook: Transformers Armada).

In 2005 Dreamwave had planned to start a six-issue mini-series based on the Beast Wars toys, and a series of character profiles for the Transformers Energon characters, but because Dreamwave ceased operations in early 2005, unfortunately these books never came to be. Dreamwave's depature also caused the cancellation of two mini-series and the two ongoing books.

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• Miscellaneous books (2002-04)
  
  
• Transformers Generation 1 (six issues, 2002)
• Transformers Generation 1 (volume 2): War and Peace (six issues, 2003)
• Transformers Generation One (volume 3) (eleven issues†, 2003-04)
  
  
• Transformers: The War Within (six issues, 2002-03)
• Transformers War Within (volume 2): The Dark Ages (six issues, 2003-04)
• Transformers War Within (volume 3): The Age of Wrath (three issues†, 2004)
• Transformers: Micromasters (four issues, 2004)
  
  
• Transformers: Armada (18 issues, 2002-03)
• Transformers: Energon (12 issues†, 2004)
  
  
• Transformers: G.I. Joe (six issues, 2003-04)
• Transformers vs G.I. Joe (volume 2): Divided Front (one issue†, 2004)
  
  
• Beast Wars (cancelled†, 2005)
  
  
• Transformers: More Than Meets The Eye Official Guide (eight issues, 2003)
• More Than Meets The Eye Official Guidebook: Transformers Armada (three issues, 2004)
• More Than Meets The Eye Official Guidebook: Transformers Energon (cancelled†, 2005)

† indicates a series cut short when Dreamwave ceased operations.