NASDAQ$WATT

Energous Corp · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Energous Corp reported strong revenue growth and a narrowed net loss for Q1 2026.

Energous Corporation achieved revenue of $3.1 million in Q1 2026, up significantly from $0.3 million in the prior year quarter, driven by expanded commercial deployments of its wireless power technology. The company narrowed its net loss to $1.7 million from $3.4 million year-over-year while maintaining a strong cash position of $36.6 million following an at-the-market equity offering. Gross profit improved markedly to $1.1 million as product margins benefited from scaled manufacturing.

  • Revenue surged 799% year-over-year to $3.1 million, primarily from PowerBridge transmitter sales to enterprise retail customers.
  • Net loss narrowed 51% to $1.7 million as operating expenses declined 21% and gross margin expanded substantially.
  • Cash and cash equivalents increased to $36.6 million after raising $31.9 million net via ATM equity issuances.
  • Two customers accounted for 83% of revenue, highlighting ongoing customer concentration risk.

Headline financials

Total Revenue

$3.08M

Previous: -$22K+14109.1%
EPS (adj)

-$0.43

Previous: $1.00-143.0%
Capital Expenditures

-$38K

Previous: -$21K-81.0%
Free Cash Flow

-$5.61M

No prior period
Net Income

-$1.66M

Previous: -$3.37M+50.8%
Operating Income

-$1.85M

Previous: -$3.61M+48.9%
Gross Profit

$1.1M

Previous: $93K+1077.4%
Cash & Equivalents

$36.6M

No prior period
Total Assets

$45.6M

No prior period

Revenue & EPS history

Energous · Revenue · Quarterly

$3.08M

Q1 2026-14,109.1%vs Q1 2025
Beat estimate in 0 of 12 quarters(0%)
ActualEstimate

Forward guidance

No explicit forward guidance provided; management highlighted continued investment in commercial scaling and potential need for additional financing.

Tailwinds

  • Strong revenue traction with Fortune 10 retailers and AWS channel partners
  • Improved gross margins from manufacturing scale-up
  • Robust cash position supporting operations for at least 12 months

Headwinds

  • High customer concentration with two customers representing 83% of revenue
  • Ongoing net losses and cash burn from operations
  • Dependence on successful adoption of emerging wireless power technology

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-3.3%

Avg return

Earnings day

-4.0%

Avg return

5 days after

-10.2%

Avg return

30 days after

34%

17 / 50 earnings

Positive

+17.9%

Q3 2016

Best reaction

-29.4%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+2.9%+0.0%
Q1 2026-7.1%-3.9%-10.0%
Q3 2025+2.4%-7.7%-25.0%
Q2 2025+1.2%-5.3%-20.6%
Q1 2025-7.7%-8.2%-7.9%
Q4 2024-2.9%-11.1%-23.6%
Q3 2024-0.7%-4.8%-42.9%
Q2 2024-9.4%-9.8%-12.0%
Q1 2024+6.0%+3.3%-20.5%
Q4 2023-6.7%-5.1%-30.3%
Q3 2023-28.8%-31.5%-21.7%
Q2 2023-3.9%-26.0%-64.7%
Q1 2023-8.7%-20.1%-18.0%
Q4 2022-15.3%-19.9%-24.8%
Q3 2022-6.0%-9.5%-11.2%
Q2 2022+4.6%+11.5%+6.9%
Q1 2022-1.5%+4.7%+27.1%
Q4 2021+10.4%+4.7%+14.2%
Q3 2021-3.5%-6.5%-29.0%
Q2 2021+11.0%+9.7%+5.3%
Q1 2021-14.1%-2.3%+14.1%
Q4 2020-12.8%-7.0%-21.4%
Q3 2020-0.5%-5.1%-17.7%
Q2 2020+0.6%+2.8%-2.8%
Q1 2020-16.2%-13.7%-2.5%
Q4 2019-7.3%-13.6%-50.2%
Q3 2019-16.8%-16.8%-30.1%
Q2 2019-0.8%+2.4%-5.8%
Q1 2019-4.0%+2.8%-12.3%
Q4 2018-29.4%-20.7%-22.3%
Q3 2018-5.2%+1.7%-4.2%
Q2 2018-10.2%+4.1%-6.6%
Q1 2018+1.0%+2.8%+2.6%
Q4 2017-1.0%-1.2%-0.5%
Q3 2017+14.6%+19.1%+12.7%
Q2 2017-4.7%-13.2%-12.2%
Q1 2017+14.7%+16.9%+23.8%
Q4 2016-2.9%+2.1%-4.5%
Q3 2016+17.9%+8.9%+32.7%
Q2 2016+0.5%+5.1%+17.9%
Q1 2016-9.7%
Q4 2015-3.1%
Q3 2015-15.6%
Q2 2015+0.9%
Q1 2015-5.1%
Q4 2014+3.6%
Q3 2014+1.8%
Q2 2013+6.1%
Q2 2014-0.2%
Q1 2014-3.0%
Q3 2013
Q1 2013

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