Energous Corp. ( (WATT) ) has released its Q2 earnings. Here is a breakdown of the information Energous Corp. presented to its investors.
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Energous Corporation, operating as Energous Wireless Power Solutions, is a leader in the development of scalable, over-the-air wireless power networks, primarily serving industries focused on enterprise infrastructure modernization and asset tracking. The company is known for its innovative wireless power transmitter and receiver technologies that support battery-free devices.
In its second quarter of 2025 earnings report, Energous Corporation announced a significant revenue increase, achieving its highest quarterly revenue since 2016. The company reported a revenue of $1 million, marking a 184% increase from the previous quarter and a 21-fold increase from the same period last year. Additionally, Energous reported the lowest quarterly net loss in a decade, highlighting its strategic focus on operational efficiency and fiscal responsibility.
Key financial highlights for the second quarter of 2025 include a gross margin improvement to 35%, driven by enhanced manufacturing yields and operational optimizations. Operating expenses saw a notable reduction, with GAAP operating expenses decreasing by 32% year-over-year. The company also reported a significant backlog of $4 million in confirmed orders, indicating growing market adoption of its wireless power network solutions.
Energous continues to innovate, with the introduction of new products such as the AI-driven PowerBridge MOD and PowerBridge PRO+, and the launch of a battery-free e-Sense tag. These developments are part of the company’s strategy to expand its technology portfolio and strengthen its position in the wireless power industry.
Looking forward, Energous Corporation remains committed to its growth initiatives and technological advancements, aiming to further penetrate the market with its wireless power solutions. The company anticipates continued demand for its products as enterprises increasingly adopt large-scale, battery-free sensor networks for enhanced operational visibility and automation.