Energous Reports Record Preliminary Financial Results for Fiscal Year 2025
SAN JOSE, Calif., Jan. 13, 2026 (GLOBE NEWSWIRE) — Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ: WATT), a leader in over-the-air (OTA) wireless power networks, has announced preliminary financial results for the year ending December 31, 2025. The company reported a remarkable annual revenue of approximately $5.6 million, reflecting over 630% year-over-year growth and marking the highest annual revenue in its history.
Impressive Year-over-Year Revenue Growth
For the fiscal year 2025, Energous expects to report annual revenue of $5.6 million, a significant rise from approximately $0.8 million in 2024. This represents an increase of more than 630%, underscoring the company's accelerated revenue growth.
- Fourth quarter revenue of approximately $3.0 million, a 139% increase compared to the previous quarter.
- Net loss improved by over 25% compared to Q3 2025.
Strengthened Financial Position
Energous bolstered its financial health in 2025 by raising approximately $23.9 million in equity capital, while simultaneously reducing debt and certain liabilities. This financial strategy enables sustained investment in product innovation and commercial discovery, positioning the company for future growth.
According to Mallorie Burak, CEO and CFO of Energous, "2025 was a defining year for Energous, marked by consecutive quarters of revenue growth, improved operating performance, and strengthening of our balance sheet to provide crucial capital to drive operating results and strategy." The remarks highlight the positive shift in the company’s trajectory towards profitability.
Product Innovations and Market Expansion
In addition to its impressive financial performance, Energous expanded its product portfolio in 2025 with four innovative solutions that enhance its end-to-end wireless power platform:
- e-Sense: A battery-free, maintenance-free wireless sensor for monitoring location and temperature.
- e-Compass: A secure, cloud-based platform for managing Wireless Power Network (WPN) deployments.
- PowerBridge MOD: An AI-driven modular transmitter designed for adaptive asset tracking.
- PowerBridge PRO+: A high-performance transmitter featuring an integrated gateway for enterprise applications.
These innovations are positioned to create a battery-free Ambient IoT platform that integrates power, sensing, data, and intelligence.
Energous also achieved several operational milestones in 2025, including:
- Support for over 410 retail stores and fulfillment centers.
- Deployment across three national grocery distribution centers.
- 14 international deployments.
- More than 25,000 PowerBridge units shipped.
- Zero product returns on PowerBridge systems.
Looking Forward
Energous' successful integration into the Amazon Web Services (AWS) Partner Network further solidifies its commercial momentum, allowing the seamless integration of its wireless technologies with AWS cloud services. The company's solutions are now also available through the Amazon Marketplace, simplifying procurement for enterprise-level customers.
Burak concluded, “This past year marked an important inflection point for Energous, as we translated years of technology development into tangible financial and commercial momentum. With a stronger balance sheet, expanding customer deployments, and a growing ecosystem around our wireless power platform, we believe the Company is well positioned to scale in 2026 and beyond.”