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Energous

WATT

Energous Corporation develops scalable, over-the-air Wireless Power Network (WPN) technology that enables radio frequency (RF)-based charging for ambient IoT devices.

Market cap
$104.52M+728%
Revenue$8.4M+699%
Net income-$7.9M+48.0%
Free cash flow-$13.4M+22.5%
EPS (diluted)-$3.34+88.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$3.4M
EPS estimate-$0.22

Financials

Q1 2026

Income statement

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Revenue$3.1M+799%
Gross profit$1.1M+1,077%
Operating income-$1.8M+48.9%
Net income-$1.7M+50.8%
EPS (diluted)-$0.43+87.9%

Balance sheet

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Cash & equivalents$36.6M+263%
Total debt$996.0K-46.7%
Total equity$42.8M+350%
Total assets$45.6M+241%

Cash flow

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Operating cash flow-$5.6M-19.4%
CapEx$38.0K+81.0%
Free cash flow-$5.6M-19.6%

Valuation & ratios

Valuation

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Market cap$104.52M+728%
Enterprise value$68.91M+2,643%
P/S12.5×+7.6×

Profitability

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Gross margin36.2%+21.9pp
Operating margin-98.6%-47.6pp
Net margin-94.2%-45.5pp
FCF margin-160.4%-76.1pp

Returns & leverage

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Return on equity-30.2%-13.7pp
Debt / equity-0.2×
Current ratio18.5×+14.5×

Segments

By product

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Power Bridge Sales And Shipping$2.9M+868%
Other$159.0K+288%

By geography

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Europe$296.0K+1,038%

Competitors

Profile

Energous Corporation develops scalable, over-the-air Wireless Power Network (WPN) technology that enables radio frequency (RF)-based charging for ambient IoT devices. Their platform integrates semiconductor chipsets, software controls, and antenna systems to deliver power and data to battery-free devices across various distances. The company's core value proposition is transforming supply chain and industrial operations by providing continuous power to sensors and trackers without the need for wired connections or battery replacements.

Competitive position

Energous is a pioneer in over-the-air RF charging with a significant patent portfolio of over 300 issued patents and extensive global regulatory approvals.

GeographiesUnited States, European Union, United Kingdom, China, Australia
Customer segmentsEnterprise, Retail, Logistics, Healthcare, Industrial
Business modelFabless semiconductor, Hardware sales, IP licensing, SaaS
SuppliersContract semiconductor manufacturers (foundries), Electronic component suppliers, Raw material providers (copper, silicon, polymers)
CustomersRetailers, Warehouse operators, Medical device manufacturers, System integrators, Networking equipment manufacturers
Listed2014
Employees43.0
CEOMallorie Sara Burak
FilingsSEC EDGAR

Questions, answered.

What is Energous's market cap?
Energous (WATT) has a market capitalization of $104.5M and trades on NASDAQ.
What is Energous's revenue and profitability?
Energous generated $8.4M in trailing twelve-month revenue with a net loss of $7.9M, representing a net margin of -94.2%. Gross margin stands at 36.2%, with free cash flow of -$13.4M. These figures are based on the Q1 2026 filing.
Who are Energous's competitors?
Energous's key competitors include Semtech Corp, Franklin Wireless Corp. Common Stock, Smith Micro Software Inc, and others. These companies compete in similar markets and product categories.
Who does Energous partner with?
Energous's notable partners include Amazon Web Services, H.C. Wainwright & Co., LLC.
Where is Energous headquartered?
Energous is headquartered in United States of America and employs approximately 43 people. It has been publicly traded since 2014.