Energous 2025 Q3 Earnings 91.3% EPS Improvement, 38.1% Net Loss Reduction

Energous (WATT) reported third-quarter 2025 results that aligned with expectations, showcasing significant progress in narrowing losses and boosting revenue. The company’s 453% year-over-year revenue growth and 38.1% reduction in net losses highlight operational improvements, though sustained profitability remains a long-term goal.

Revenue

Energous’s total revenue surged to $1.27 million in Q3 2025, a 453% increase from $230,000 in Q3 2024. This marks the company’s third consecutive quarter of revenue growth, driven by commercial adoption of its wireless power solutions.

Earnings/Net Income

The company narrowed its per-share loss to -$1.31 in Q3 2025 from -$14.98 in Q3 2024, a 91.3% improvement. Net losses also declined to -$2.11 million, a 38.1% reduction from -$3.41 million year-over-year. While these metrics indicate progress, Energous has sustained losses for 11 consecutive years, underscoring ongoing challenges.

Price Action

Energous’s stock price rose 2.09% in the latest trading day but fell 5.27% over the past week and 23.26% month-to-date, reflecting mixed investor sentiment.

The stock’s post-earnings performance reflects a cautious market reaction. A 2.09% intraday gain contrasts with a 5.27% weekly decline and a sharp 23.26% monthly drop, highlighting volatility. Analysts note that while the company’s revenue and loss improvements are positive, concerns over long-term profitability and cash runway sustainability persist.

CEO Commentary

Mallorie Burak, CEO and CFO, emphasized strategic execution and operational discipline in driving Q3 results. She highlighted the company’s transition from a technology pioneer to a scalable solutions provider, citing revenue growth, improved margins, and a $4.1 million confirmed order backlog as key drivers. Burak expressed confidence in Energous’s ability to convert enterprise proof-of-concepts into deployments, though she acknowledged the need to sustain revenue momentum and manage costs. The tone was cautiously optimistic, balancing progress with recognition of long-term challenges.

Guidance

Energous expects to ship $4.1 million in confirmed orders within 12 months and anticipates sufficient cash to fund operations for the next year. The company also aims to maintain gross margins above 30% while scaling manufacturing.

Additional News

• Strategic Expansion: Energous announced five new U.S. patents and launched updated products, including PowerBridge MOD and PRO+, to strengthen its wireless power offerings.

• Analyst Optimism: A lone analyst issued a “strong buy” rating with a $60 price target, nearly 88% above its November 11 closing price.

• Capital Raising: The company raised $22.7 million year-to-date through ATM programs, warrant exercises, and a registered direct offering, bolstering liquidity.

Energous’s Q3 results reflect a pivotal step toward profitability, but investors must weigh near-term volatility against long-term strategic execution risks.