Energous Q1 revenue $3.1M (+799% YoY); net loss improves 51% to $1.7M

Energous Corp

Revenue $3.1M, up 799% YoY; gross margin 36%; fifth consecutive quarter of revenue growth.
GAAP net loss improved 51% to $1.7M ($0.43/share) from $3.4M ($3.55/share) in Q1 2025.
Cash $36.6M; raised $31.9M via ATM in Q1; no ATM sales since March 19, no plans to use ATM next 12 months.
Two Fortune 10 commercial deployments active; retail program targeting ~4,700 U.S. locations with over 1,500 installations.
International expansion: 14+ installations completed; ~35 facilities targeted for 2026.

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