Energous Earnings Reports

Energous Wireless Power Solutions experienced significant revenue growth in Q1 2025, with a 436% increase year-over-year, primarily driven by increased adoption of their PowerBridge transmitter systems. The company also improved gross profit and reduced operating expenses and net loss compared to the prior year.

Energous Wireless Power Solutions reported a 62% increase in full-year revenue to $0.8 million in 2024, primarily driven by PowerBridge transmitter sales. The company also significantly reduced its non-GAAP operating expenses by 19% year-over-year and improved its net loss.

Energous Wireless Power Solutions reported their Q3 2024 financial results, highlighting sales momentum and increased interest in their Wireless Power Network (WPN) technology, as they focus on commercial accounts, demonstrating the value of their solutions, and optimizing operations.

Energous reported its Q2 2024 results, marking a turning point as ongoing Proofs of Concept transitioned into commercial deployments and active POCs increased to 47. The company focused on stabilizing operations and driving POC conversions.

Energous Corporation reported first quarter 2024 financial results, highlighting efforts to streamline business operations, reduce costs, and transition proofs of concept to deployment phase, while also establishing new relationships with key technology partners for IoT deployments.

Energous Corporation reported its 2023 financial results, highlighting a reduction in cost of revenue leading to a 41% gross margin compared to a negative 50% in the prior year. The company is focused on improving cash flow through sales, gross margin improvements, and spending reductions in 2024.

Energous Corporation reported a revenue increase of 44% compared to the previous quarter, alongside a net loss of $4.1 million, or $0.86 per share. The company highlighted strategic partnerships aimed at expanding the application of its wireless power network technology.

Energous Corporation reported second-quarter results, with revenue increasing by 21% compared to the previous quarter. The company continues to focus on its wireless charging technology and partnerships.

Energous Corporation reported first-quarter 2023 financial results with a revenue of approximately $96,676 and a net loss of approximately $(6.7) million, or $(0.08) per basic and diluted share. The company highlighted new partnerships with InnoTractor, Thinaer, LIXIL, SATO, Catapult, and amsOSRAM, and regulatory progress with approval from Japan's regulatory body for its 1W WattUp PowerBridge.

Energous Corporation reported Q4 2022 revenue of $179,000, a decrease from $225,000 in Q4 2021. The net loss was $(6.1) million, an improvement from $(9.4) million in the same quarter of the previous year. The company ended the quarter with $26.3 million in cash and cash equivalents and focused on partnership momentum and company highlights.

Energous Corporation reported a revenue increase of approximately 11% compared to the third quarter of 2021. The company also continued to advance its technology through key partnerships and regulatory approvals.

Energous Corporation reported a revenue of $233,000 for the second quarter of 2022, a 26% increase from the previous year. The company's net loss was $(7.0) million, or $(0.09) per share. They also announced FCC approval for their 15W WattUp PowerBridge transmitter and several new partnerships.

Energous Corporation reported first-quarter revenue of $216,000, a significant increase from $145,000 in the first quarter of 2021. The company's net loss was $(7.2) million, or $(0.09) per share, and net non-GAAP loss was $(6.3) million. They ended the quarter with $42.8 million in cash and cash equivalents.

Energous Corporation reported a significant increase in revenue for the fourth quarter of 2021, driven by advancements in its RF-based charging for wireless power networks. The company secured key regulatory approvals and formed strategic partnerships, expanding its global ecosystem. While operating expenses remained high, cash reserves were maintained at a solid level.

Energous Corporation reported increased revenue in Q3 2021 compared to the same period last year and highlighted progress in regulatory approvals and partnerships.

Energous Corporation reported revenue of $184,960 for the second quarter ended June 30, 2021. The company's net loss was $11.0 million, or $0.18 per basic and diluted share. Cash and cash equivalents totaled $38.23 million at the end of the quarter.

Energous Corporation reported revenue of $145,065 and a net loss of $8.5 million, or $0.14 per basic and diluted share, for the first quarter ended March 31, 2021. The company's cash and cash equivalents totaled $44.8 million at the end of the quarter.

Energous Corporation reported revenue of $61,500 for the third quarter of 2020, with a net loss of $7.6 million, or $(0.18) per basic and diluted share. The company's cash and cash equivalents totaled $17.3 million at the end of the quarter.

Energous Corporation reported financial results for the second quarter ended June 30, 2020. The company announced several partnerships and collaborations, including with Grepow Battery and E Ink Holdings. They also completed an offering of shares, raising $9.2 million in net proceeds. Energous recorded revenue of $114,375 and a net loss of $(8.2) million, or $(0.20) per basic and diluted share. Cash and cash equivalents totaled $23.4 million at the end of the quarter.

Energous Corporation reported first quarter revenue of $61,475 and a net loss of $8.6 million, or $(0.25) per share. The company ended the quarter with $20.0 million in cash and cash equivalents.

Energous Corporation reported fourth-quarter financial results, with revenue reaching $45,643 and a net loss of $9.4 million, or $0.29 per share. The company highlighted recent achievements, including regulatory approval in Japan and partnerships for its WattUp wireless charging technology, expressing confidence in revenue growth for 2020.