earnings
confidence high
sentiment positive
materiality 0.70
Energous Q2 revenue $1.0M, highest since 2016; net loss narrows 35% YoY
Energous Corp
2025-Q2 EPS reported
-$0.19
revenue$1,318,000
- Revenue $1.0M, up 21x from $46k in Q2 2024, and 184% QoQ; highest quarterly since 2016.
- GAAP net loss $(2.8)M ($0.08/sh), lowest in a decade, vs $(4.3)M ($0.65) in Q2 2024.
- Gross margin improved to 35% from negative in Q2 2024; zero product returns since PowerBridge Pro launch.
- Operating expenses $3.1M, down 32% YoY; cash $8.7M at June 30, 2025.
- Backlog $4M; year-to-date revenue $1.3M exceeds full FY2024 revenue of ~$0.8M.
item 2.02item 9.01