Earnings ·
Energous Corporation reported financial results for the second quarter ended June 30, 2026
WATTEnergous Corp
Energous Corporation reported financial results for the second quarter ended June 30, 2026. Revenue increased approximately 217% year-over-year to $3.1 million for the quarter and 368% to $6.2 million for the six-month period. GAAP net loss was $2.9 million, or $0.53 per share, compared to a $2.8 million loss in the prior year period. The company holds approximately $31.2 million in cash and has no plans to utilize its ATM program in the next twelve months. Energous operates in the wireless power technology industry, developing over-the-air charging solutions for IoT devices.