Energous reports preliminary Q3 revenue $1.3M vs. $0.2M last year

For the quarter ended September 30, 2025, Energous (WATT) expects to report revenue of approximately $1.3M, compared to approximately $0.2M in the same period last year – representing an improvement of over six times year-over-year and a 31% increase over the prior quarter’s reported revenue. This marks the highest recorded quarterly revenue for Energous since 2015, contributing to year-to-date revenue of approximately $2.6M through September 30, 2025 – generated by shipments to two Fortune 10 customers, among others, and representing a 237% increase over full-year 2024 revenue. The company expects to report a loss from operations in the range of $2.1M to $2.3M for the quarter ended September 30, 2025, the lowest since 2014, and a significant improvement from the $2.8M loss in the second quarter of 2025, underscoring continued progress toward profitability. During the third quarter of 2025, Energous also continued to strengthen its balance sheet by accessing additional strategic capital and eliminating certain warrants, including all adjustable price warrants, through the early exercise of the warrants. “Ambient IoT is quickly becoming a foundational layer of enterprise infrastructure – and Energous is helping power that future,” said Mallorie Burak, CEO. “The combination of our expanding commercial deployments and the strongest financial results in nearly a decade demonstrate the market’s accelerating recognition of Energous as the backbone of wireless power networks for ambient IoT.”