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Side-by-side financial comparison of Consolidated Edison (ED) and Energous Corp (WATT). Click either name above to swap in a different company.

Consolidated Edison is the larger business by last-quarter revenue ($4.0M vs $3.0M, roughly 1.3× Energous Corp). On growth, Energous Corp posted the faster year-over-year revenue change (610.3% vs 8.9%). Over the past eight quarters, Energous Corp's revenue compounded faster (589.2% CAGR vs -96.5%).

Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is an energy company based in New York City. It is one of the largest investor-owned energy companies in the United States, with approximately $15.26 billion in annual revenues as of 2024, and over $70 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:Consolidated Edison Company of New York, Inc.

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.

ED vs WATT — Head-to-Head

Bigger by revenue
ED
ED
1.3× larger
ED
$4.0M
$3.0M
WATT
Growing faster (revenue YoY)
WATT
WATT
+601.4% gap
WATT
610.3%
8.9%
ED
Faster 2-yr revenue CAGR
WATT
WATT
Annualised
WATT
589.2%
-96.5%
ED

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ED
ED
WATT
WATT
Revenue
$4.0M
$3.0M
Net Profit
$-1.3M
Gross Margin
37.5%
Operating Margin
12.2%
-47.1%
Net Margin
-43.6%
Revenue YoY
8.9%
610.3%
Net Profit YoY
67.9%
EPS (diluted)
$0.82
$-4.95

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ED
ED
WATT
WATT
Q1 26
$4.0M
Q4 25
$4.0B
$3.0M
Q3 25
$4.6B
$1.3M
Q2 25
$3.6B
$975.0K
Q1 25
$4.9B
$343.0K
Q4 24
$3.7B
$428.0K
Q3 24
$4.2B
$230.0K
Q2 24
$3.3B
$46.0K
Net Profit
ED
ED
WATT
WATT
Q1 26
Q4 25
$298.0M
$-1.3M
Q3 25
$688.0M
$-2.1M
Q2 25
$246.0M
$-2.8M
Q1 25
$791.0M
$-3.4M
Q4 24
$310.0M
$-4.1M
Q3 24
$588.0M
$-3.4M
Q2 24
$202.0M
$-4.3M
Gross Margin
ED
ED
WATT
WATT
Q1 26
Q4 25
37.5%
Q3 25
36.0%
Q2 25
34.7%
Q1 25
27.1%
Q4 24
48.8%
Q3 24
Q2 24
Operating Margin
ED
ED
WATT
WATT
Q1 26
12.2%
Q4 25
12.3%
-47.1%
Q3 25
21.2%
-172.2%
Q2 25
9.8%
-285.1%
Q1 25
23.0%
-1052.8%
Q4 24
13.0%
-820.8%
Q3 24
20.4%
-1557.0%
Q2 24
9.7%
-10110.9%
Net Margin
ED
ED
WATT
WATT
Q1 26
Q4 25
7.5%
-43.6%
Q3 25
15.1%
-166.1%
Q2 25
6.8%
-285.9%
Q1 25
16.2%
-981.3%
Q4 24
8.5%
-964.7%
Q3 24
13.9%
-1483.5%
Q2 24
6.1%
-9256.5%
EPS (diluted)
ED
ED
WATT
WATT
Q1 26
$0.82
Q4 25
$0.81
$-4.95
Q3 25
$1.90
$-1.31
Q2 25
$0.68
$-0.08
Q1 25
$2.25
$-0.12
Q4 24
$0.89
$-60.42
Q3 24
$1.69
$-14.98
Q2 24
$0.58
$-0.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ED
ED
WATT
WATT
Cash + ST InvestmentsLiquidity on hand
$10.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$12.5M
Total Assets
$16.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ED
ED
WATT
WATT
Q1 26
Q4 25
$1.6B
$10.4M
Q3 25
$181.0M
$12.9M
Q2 25
$1.5B
$8.7M
Q1 25
$360.0M
$10.1M
Q4 24
$1.3B
$1.4M
Q3 24
$93.0M
$1.5M
Q2 24
$1.5B
$4.9M
Total Debt
ED
ED
WATT
WATT
Q1 26
Q4 25
$25.8B
Q3 25
Q2 25
Q1 25
Q4 24
$24.7B
Q3 24
Q2 24
Stockholders' Equity
ED
ED
WATT
WATT
Q1 26
Q4 25
$24.2B
$12.5M
Q3 25
$24.2B
$13.7M
Q2 25
$23.8B
$8.8M
Q1 25
$23.8B
$9.5M
Q4 24
$22.0B
$-1.1M
Q3 24
$21.9B
$434.0K
Q2 24
$21.6B
$3.0M
Total Assets
ED
ED
WATT
WATT
Q1 26
Q4 25
$74.6B
$16.7M
Q3 25
$71.8B
$17.8M
Q2 25
$71.5B
$12.3M
Q1 25
$70.7B
$13.4M
Q4 24
$70.6B
$3.8M
Q3 24
$68.6B
$4.0M
Q2 24
$67.9B
$7.2M
Debt / Equity
ED
ED
WATT
WATT
Q1 26
Q4 25
1.07×
Q3 25
Q2 25
Q1 25
Q4 24
1.13×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ED
ED
WATT
WATT
Operating Cash FlowLast quarter
$-2.4M
Free Cash FlowOCF − Capex
$-2.4M
FCF MarginFCF / Revenue
-80.5%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ED
ED
WATT
WATT
Q1 26
Q4 25
$1.5B
$-2.4M
Q3 25
$504.0M
$-2.5M
Q2 25
$2.0B
$-2.9M
Q1 25
$837.0M
$-4.7M
Q4 24
$1.3B
$-2.7M
Q3 24
$392.0M
$-4.0M
Q2 24
$1.3B
$-5.8M
Free Cash Flow
ED
ED
WATT
WATT
Q1 26
Q4 25
$-2.4M
Q3 25
$-2.5M
Q2 25
$-2.9M
Q1 25
$-4.7M
Q4 24
Q3 24
$-4.1M
Q2 24
$-5.8M
FCF Margin
ED
ED
WATT
WATT
Q1 26
Q4 25
-80.5%
Q3 25
-194.3%
Q2 25
-296.8%
Q1 25
-1367.1%
Q4 24
Q3 24
-1788.3%
Q2 24
-12667.4%
Capex Intensity
ED
ED
WATT
WATT
Q1 26
Q4 25
1.3%
Q3 25
0.5%
Q2 25
1.6%
Q1 25
6.1%
Q4 24
0.0%
Q3 24
28.3%
Q2 24
123.9%
Cash Conversion
ED
ED
WATT
WATT
Q1 26
Q4 25
4.97×
Q3 25
0.73×
Q2 25
8.04×
Q1 25
1.06×
Q4 24
4.23×
Q3 24
0.67×
Q2 24
6.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ED
ED

Electric$2.9M72%
Gas$923.0K23%
Other$187.0K5%
Non-utility$1.0K0%

WATT
WATT

Segment breakdown not available.

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