Energous 2025 Q3 Earnings Record Revenue and Narrowed Losses Signal Progress

Energous (WATT) reported a 453% year-over-year revenue surge to $1.27 million in Q3 2025, alongside a 38% reduction in net loss to -$2.11 million. The company also confirmed $4.1 million in orders expected to ship within 12 months and highlighted $12.9 million in cash reserves. Analysts have assigned a "strong buy" rating with a $60 price target, nearly 88% above its November 11 closing price.

Revenue

The company’s total revenue rose sharply to $1.27 million in Q3 2025, a 453% increase from $230,000 in the same period a year earlier. This marked the third consecutive quarter of revenue growth and the highest since 2015.

Earnings/Net Income

Energous narrowed its net loss to $2.11 million (or $1.31 per share) in Q3 2025, a 38% improvement from $3.41 million in the prior-year period. The 38% reduction in net loss highlights operational progress toward profitability.

Post-Earnings Price Action Review

The stock price of Energous edged up 2.09% during the latest trading day, reflecting short-term optimism, but dropped 5.27% during the most recent full trading week. Month-to-date, shares plunged 23.26%, underscoring market volatility amid mixed investor sentiment. Despite the post-earnings dip, the company’s long-term cash runway and confirmed order backlog have drawn attention from analysts and investors.

CEO Commentary

Mallorie Burak, CEO and CFO, emphasized strategic execution as a driver of the company’s third consecutive quarter of revenue growth. “We are transforming from a wireless power technology pioneer into a scalable solutions provider,” she stated. Burak highlighted product quality—zero returns since the PowerBridge Pro launch—and operational discipline as key priorities. The leadership remains optimistic about converting confirmed orders into revenue and expanding market adoption of its wireless power solutions.

Guidance

Energous expects to ship $4.1 million in confirmed orders within the next 12 months and anticipates sufficient cash to fund operations for the same period. The company also aims to maintain fiscal discipline while scaling manufacturing and converting proof-of-concept projects into repeat enterprise deployments.

Additional News

Energous secured $22.7 million in capital year-to-date through ATM programs, warrant exercises, and a registered direct offering. The company added five U.S. patents and launched new products, including PowerBridge MOD and PowerBridge PRO+. Analysts have upgraded their outlook, with one firm assigning a “strong buy” rating and a $60 price target, reflecting confidence in the company’s growth trajectory.