Energous CorpWATTEarnings & Financial Report
Energous Corporation develops, manufactures and licenses patented radio frequency-based over-the-air wireless charging technologies and solutions. Its offerings cater to consumer electronics, wearables, IoT sensors, industrial and healthcare hardware segments, serving global hardware manufacturing clients across major regions worldwide.
Revenue
$343.0K
Gross Profit
$93.0K
Operating Profit
$-3.6M
Net Profit
$-3.4M
Gross Margin
27.1%
Operating Margin
-1052.8%
Net Margin
-981.3%
YoY Growth
435.9%
EPS
$-0.12
Energous Corp Q1 FY2025 Financial Summary
Energous Corp reported revenue of $343.0K (up 435.9% YoY) for Q1 FY2025, with a net profit of $-3.4M (up 49.0% YoY) (-981.3% margin). Cost of goods sold was $250.0K, operating expenses totaled $3.7M.
Key Financial Metrics
| Total Revenue | $343.0K |
|---|---|
| Net Profit | $-3.4M |
| Gross Margin | 27.1% |
| Operating Margin | -1052.8% |
| Report Period | Q1 FY2025 |
Energous Corp Annual Revenue by Year
Energous Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.6M |
| 2024 | $768.0K |
| 2023 | $474.0K |
| 2022 | $851.3K |
Energous Corp Quarterly Revenue & Net Profit History
Energous Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $3.0M | +610.3% | $-1.3M | -43.6% |
| Q3 FY2025 | $1.3M | +453.0% | $-2.1M | -166.1% |
| Q2 FY2025 | $975.0K | +2019.6% | $-2.8M | -285.9% |
| Q1 FY2025 | $343.0K | +435.9% | $-3.4M | -981.3% |
| Q4 FY2024 | $428.0K | +370.3% | $-4.1M | -964.7% |
| Q3 FY2024 | $230.0K | +36.1% | $-3.4M | -1483.5% |
| Q2 FY2024 | $46.0K | -60.7% | $-4.3M | -9256.5% |
| Q1 FY2024 | $64.0K | -34.0% | $-6.6M | -10310.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $64000 | $46000 | $230000 | $428000 | $343000 | $975000 | $1.3M | $3.0M |
| YoY Growth | -34.0% | -60.7% | 36.1% | 370.3% | 435.9% | 2019.6% | 453.0% | 610.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $13.1M | $7.2M | $4.0M | $3.8M | $13.4M | $12.3M | $17.8M | $16.7M |
| Liabilities | $5.9M | $4.2M | $3.5M | $4.9M | $3.9M | $3.6M | $4.1M | $4.2M |
| Equity | $7.2M | $3.0M | $434000 | $-1.1M | $9.5M | $8.8M | $13.7M | $12.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-5.1M | $-5.8M | $-4.0M | $-2.7M | $-4.7M | $-2.9M | $-2.5M | $-2.4M |