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Energous Corp (WATT) stock

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NASDAQ: WATT Nasdaq Electronic Equipment & Instruments

D Fundamentals grade

Energous Corp is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Energous Corp is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: free cash flow after stock pay is not positive. We'll show the comparison once resolved.

Energous Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 0 selling1 purchase and 0 sales by directors and officers, last 12 monthsInsider trades

Value diary

Our note on each quarter Energous files

Where Energous stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $10m, up 430.5% on a year earlier, slower than the 699.3% growth a quarter earlier. Free-cash-flow margin rose to -153.1% from -727.6% a year earlier. Operating margin widened to -82.6% from -682.4%. It passes 2 of our 3 financial-health checks.

Our model value for Energous is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 13, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Energous Corp's trailing-twelve-month revenue grew 430.5% year on year, with a free-cash-flow margin of -153.1%. Where it stands out: revenue growth of 430.5% ranks 1 of 53 electronic equipment & instruments companies we cover. Where it lags: change in growth rate of -268.8pp ranks 52 of 53 electronic equipment & instruments companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 11.6% while net income grew 41.5%: a 53pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 430.5% over the last 12 months, against a median of 9.8% for electronic equipment & instruments companies we cover.
  • Margins widening. Operating margin is up 599.8 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Growth slowing. The growth rate is 268.8 points lower than a quarter earlier.
  • Loss-making. Operating margin is -82.6%: costs exceed revenue.
  • Burning cash. Free cash flow was -153.1% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 63.2% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 112% and a beta of 2.8 against the S&P 500.
  • Below peers: days sales outstanding. Days sales outstanding of 114 days ranks 45 of 52 electronic equipment & instruments companies we cover (median 68 days).

Latest results: FY2026 Q2

Filed August 13, 2026
Earnings per share
-$0.50 against an average estimate of -$0.21: missed by 136.7%
Revenue
$3m, up 216.8% on a year earlier
Share reaction
-20.1% in the first session after the results on August 12, 2026, against +0.9% for the S&P 500

Energous' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.1%
  • 1 week-4.0%
  • 1 month-35.5%
  • This year+115.8%
  • 1 year+17.6%
  • 5 years-99.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$10.5M
Operating margin
-82.6%
Net margin
-76.4%

Growth

Revenue growth
+430.5%
Change in growth rate
−268.8 pts

Cash

Free cash flow (TTM)
-$16M
FCF margin
-153.1%
Stock pay % of revenue
1.8%

Earnings

Last results
August 12, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Energous Corp valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: free cash flow after stock pay is not positive.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Energous Corp as an operating company, with every model that fits that kind of business. Cost of equity 10.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.15 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.8 ~$2.0–$10 Left out: out of range vs price (0.09x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Energous Corp with Electronic Equipment & Instruments in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025
Share price$4746.00$10110.00$11670.00$3474.00$1062.00$1080.00$750.00$501.60$54.90$30.30$3.99
Market value$105m$297.4bn$415.1bn$147.6bn$53.6bn$75.0bn$81.2bn$64.8bn$9m$7m$6m
+ Net debt (− = net cash)−$30m−$31m−$13m−$20m−$22m−$51m−$49m−$26m−$14m−$535000−$10m
Enterprise value$75m$297.4bn$415.1bn$147.5bn$53.5bn$74.9bn$81.1bn$64.8bn−$5m$7m−$4m
Multiples
Price / sales 42.1xn/mn/mn/mn/mn/mn/mn/m18.0x9.4x1.1x
Price / earnings ———————————
Price / free cash flow ———————————
EV / EBITDA ———————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

20 /100

Weak moat

How hard Energous's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -118.6% of total assets over 10 years.

  • Durability 10 / 20

    Operating margin has been a median -4898.6%; its worst year was -13218.7%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 9 years, at a median -2893.7% of revenue.

  • Discipline 10 / 20

    The diluted share count fell 99.4% over five years; stock-based pay has been a median 745.9% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (25 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$3.39 — $15m +169%
Next $0.81 +124% $31m +106%

Next year's EPS estimate has moved 0.0% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +80.3% on 90 days ago. In the last 30 days, 0 analysts raised Energous Corp's forecast and 1 cut it.

Consensus EPS forecast Energous Corp, last 90 days
−$4.00 −$2.00 $0.00 $2.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$1.88 Current fiscal year, 60 days ago: −$1.88 Current fiscal year, 30 days ago: −$1.88 Current fiscal year, 7 days ago: −$1.88 Current fiscal year, Now: −$3.39 −$3.39 Next fiscal year, 90 days ago: $0.81 Next fiscal year, 60 days ago: $0.81 Next fiscal year, 30 days ago: $0.81 Next fiscal year, 7 days ago: $0.81 Next fiscal year, Now: $0.81 $0.81

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$1.88$0.81
60 days ago −$1.88$0.81
30 days ago −$1.88$0.81
7 days ago −$1.88$0.81
Now −$3.39$0.81

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.21 −$0.50 −136.7%
Mar 2026 −$0.60 −$0.40 +32.5%
Sept 2025 −$1.80 −$1.31 +27.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

2 analysts, Oct 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202622
  2. Sep 202611

Counts of recommendations published by analysts covering Energous Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
14.8%
of tradable shares
Days to cover
5.31
at average volume
Short interest, 1 month
+20%
to October 15, 2026
Held by institutions
41%
of shares
Held by insiders
7.0%
of shares
Employees
27
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
WATT−31%−33%−89%−45%−87%+116%
Industry peers (median)0%−38%+25%+2%−5%−21%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WATT25%42%25%25%25%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WATT−83%−52%−91%−89%−90%−76%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 100% from December 28, 2017 to December 26, 2025. Getting back needed a 504347% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$3.75 – $35.33
From 52-week high
−75.6%
vs 50-day average
−21.9%
vs 200-day average
−47.5%
Volatility (1 year)
112%
Beta vs S&P 500
2.79

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
3 up, 9 down
typical move ±9.8%
After a week
3 up, 9 down
typical move ±15.2%
After a month
3 up, 9 down
typical move ±28.2%
Results releasedNext dayS&P 500 next day5 days21 days
August 12, 2026 −20.1% +0.9% −31.6% −39.3%
May 13, 2026 +2.0% +1.4% −2.3% −8.3%
March 25, 2026 −11.0% −1.2% −17.5% +55.7%
January 13, 2026 −6.7% −0.7% +20.3% +82.6%
November 12, 2025 −3.9% −1.6% −7.4% −25.0%
October 15, 2025 +35.8% −0.2% +10.3% −8.8%
July 29, 2025 −14.6% −0.4% −4.9% −39.6%
July 8, 2025 +10.7% +0.5% +47.1% +1.8%
May 13, 2025 −1.8% +0.8% −0.4% −0.4%
February 27, 2025 −0.3% −0.1% −11.1% −21.7%
November 12, 2024 −0.7% −0.3% −10.1% −42.9%
August 8, 2024 −9.4% +2.8% −19.2% −12.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Energous Corp in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Energous Corp
$0 $5M $10M $15M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $562.2K Revenue (TTM), FY23 Q4: $474K Revenue (TTM), FY24 Q1: $441K Revenue (TTM), FY24 Q2: $370K Revenue (TTM), FY24 Q3: $431K Revenue (TTM), FY24 Q4: $768K Revenue (TTM), FY25 Q1: $1M Revenue (TTM), FY25 Q2: $2M Revenue (TTM), FY25 Q3: $3M Revenue (TTM), FY25 Q4: $5.6M Revenue (TTM), FY26 Q1: $8.4M Revenue (TTM), FY26 Q2: $10.5M $10.5M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $562.2K
FY23 Q4 $474K
FY24 Q1 $441K
FY24 Q2 $370K
FY24 Q3 $431K
FY24 Q4 $768K
FY25 Q1 $1M
FY25 Q2 $2M
FY25 Q3 $3M
FY25 Q4 $5.6M
FY26 Q1 $8.4M
FY26 Q2 $10.5M
Revenue growth, TTM YoY Energous Corp
-200% 0% 200% 400% 600% 800% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -37.4% Revenue growth, TTM YoY, FY23 Q4: -44.3% Revenue growth, TTM YoY, FY24 Q1: -39.8% Revenue growth, TTM YoY, FY24 Q2: -40.0% Revenue growth, TTM YoY, FY24 Q3: -23.3% Revenue growth, TTM YoY, FY24 Q4: 62.0% Revenue growth, TTM YoY, FY25 Q1: 137.4% Revenue growth, TTM YoY, FY25 Q2: 434.1% Revenue growth, TTM YoY, FY25 Q3: 600.2% Revenue growth, TTM YoY, FY25 Q4: 633.1% Revenue growth, TTM YoY, FY26 Q1: 699.3% Revenue growth, TTM YoY, FY26 Q2: 430.5% 430.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -37.4%
FY23 Q4 -44.3%
FY24 Q1 -39.8%
FY24 Q2 -40.0%
FY24 Q3 -23.3%
FY24 Q4 62.0%
FY25 Q1 137.4%
FY25 Q2 434.1%
FY25 Q3 600.2%
FY25 Q4 633.1%
FY26 Q1 699.3%
FY26 Q2 430.5%
Operating margin (TTM) Energous Corp
-6000% -4000% -2000% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -4244.4% Operating margin (TTM), FY23 Q4: -4662.2% Operating margin (TTM), FY24 Q1: -5095.2% Operating margin (TTM), FY24 Q2: -5673.8% Operating margin (TTM), FY24 Q3: -4522.7% Operating margin (TTM), FY24 Q4: -2397.1% Operating margin (TTM), FY25 Q1: -1466.7% Operating margin (TTM), FY25 Q2: -682.4% Operating margin (TTM), FY25 Q3: -400.8% Operating margin (TTM), FY25 Q4: -177.9% Operating margin (TTM), FY26 Q1: -98.6% Operating margin (TTM), FY26 Q2: -82.6% -82.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -4244.4%
FY23 Q4 -4662.2%
FY24 Q1 -5095.2%
FY24 Q2 -5673.8%
FY24 Q3 -4522.7%
FY24 Q4 -2397.1%
FY25 Q1 -1466.7%
FY25 Q2 -682.4%
FY25 Q3 -400.8%
FY25 Q4 -177.9%
FY26 Q1 -98.6%
FY26 Q2 -82.6%
FCF margin (TTM) Energous Corp
-6000% -4000% -2000% 0% FY22 Q2 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY22 Q2: -3415.8% FCF margin (TTM), FY22 Q3: -2812.4% FCF margin (TTM), FY22 Q4: -2795.9% FCF margin (TTM), FY24 Q2: -5024.6% FCF margin (TTM), FY24 Q3: -4277.7% FCF margin (TTM), FY24 Q4: -2304.2% FCF margin (TTM), FY25 Q1: -1653.4% FCF margin (TTM), FY25 Q2: -727.6% FCF margin (TTM), FY25 Q3: -422.0% FCF margin (TTM), FY25 Q4: -222.1% FCF margin (TTM), FY26 Q1: -160.4% FCF margin (TTM), FY26 Q2: -153.1% -153.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY22 Q2 -3415.8%
FY22 Q3 -2812.4%
FY22 Q4 -2795.9%
FY24 Q2 -5024.6%
FY24 Q3 -4277.7%
FY24 Q4 -2304.2%
FY25 Q1 -1653.4%
FY25 Q2 -727.6%
FY25 Q3 -422.0%
FY25 Q4 -222.1%
FY26 Q1 -160.4%
FY26 Q2 -153.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 0 0 3 1 1 1 0 0 1 1 0 1 6 10
Gross profit — — — — — — — 0 — −0 0 0 2 3
EBITDA −4 −20 −27 −45 −48 −50 −38 −32 −41 −26 −22 −18 −10 −9
Operating income −4 −20 −28 −46 −49 −51 −39 −32 −41 −27 −22 −18 −10 −9
Net income −6 −46 −28 −46 −49 −51 −38 −32 −41 −26 −19 −18 −10 −8
Diluted EPS −$2.11 −$5.75 −$2.07 −$2.60 −$2.31 −$1.99 −$1.27 −$0.76 −$0.64 −$203.40 −$4.15 −$77.16 −$6.46 —
Growth (year on year)
Revenue — — — −41.9% −20.5% −55.4% −61.1% +63.6% +131.2% +12.5% −44.3% +62.0% +633.1% +430.5%
Margins
Gross margin — — — — — — — 61.3% — −50.1% 41.1% 1.6% 36.0% 26.6%
EBITDA margin — — <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% −175.4% −81.4%
Operating margin — — <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% −177.9% −82.6%
Net margin — — <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% −170.4% −76.4%
Free-cash-flow margin — — −841.5% <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999% −222.1% −153.1%
Cash flow
Cash from operations −3 −16 −20 −33 −34 −33 −27 −25 −29 −24 −19 −18 −12 −16
Capital spending 0 2 1 1 1 1 0 0 0 0 0 0 0 0
Free cash flow −4 −17 −21 −34 −35 −33 −27 −25 −29 −24 −19 −18 −13 −16
Stock-based pay 0 3 6 10 16 17 11 8 12 3 2 1 0 0
Free cash flow after stock pay −4 −20 −27 −44 −51 −50 −37 −33 −41 −27 −21 −18 −13 −16
Balance sheet
Cash 2 31 30 31 13 20 22 51 49 26 14 1 10 31
Total debt 1 — 0 0 0 0 0 0 0 0 0 1 0 0
Net debt (negative = net cash) −1 −31 −30 −31 −13 −20 −22 −51 −49 −26 −14 −1 −10 −31
Diluted shares — 13m — 29m 36m 42m 50m 69m 108m 129m — — 1m —
Returned to shareholders
Buybacks 0 0 0 — — — — — — — — — — —
Total returned 0 0 0 — — — — — — — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 3 checks passed · June 30, 2026
What it owns · $45m
Short-term assets $44mLonger-term assets $2m
What it owes, and who funded it · $45m
Short-term liabilities $5mLonger-term liabilities $0mShareholders' equity $40m
  • Short-term assets cover short-term liabilities $44m of assets due within a year against $5m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $44m short-term assets against $300,000 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of −$9m against $304,000 of interest.

From Energous Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

R&D spending
38.0%
of revenue
Days sales outstanding
114 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic equipment & instruments
Last 12 months unless stated WATT LINK SERV WFF VTSI MSAI Median
Revenue, last 12 months $10m $13m $8m $7m $18m $6m $104m
Revenue growth, last 12 months 430.5% 7.8% 426.4% 61.9% −35.3% 12.2% 9.8%
Revenue growth, 3-year average 157.2% 5.5% 249.4% — −19.8% — 7.2%
Revenue growth, latest quarter 216.8% 10.4% 404.4% — −17.4% 19.5% 16.5%
Gross margin 26.6% 40.7% −370.1% 31.9% 61.4% — 38.5%
Operating margin −82.6% −9.9% <−999% −20.5% −19.2% −147.8% −7.3%
Operating margin, 3-year average <−999% −12.9% <−999% — 2.4% −265.1% −5.1%
Net margin −76.4% −7.9% <−999% −64.4% −15.8% −141.7% −5.3%
Cash from operations / revenue −150.0% −4.2% <−999% −32.9% −23.9% −129.5% −1.6%
Free-cash-flow margin −153.1% −8.4% <−999% −36.7% −34.9% −146.6% −2.5%
Free-cash-flow margin, 3-year average <−999% −5.5% <−999% — −0.1% −206.7% 3.7%
Stock pay / revenue 1.8% 0.3% 449.4% — −1.3% 11.2% 3.0%
Change in share count 63.2% −0.1% 43.9% 7.3% 0.5% — 1.9%

Median of all 53 companies we cover in electronic equipment & instruments. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

53 electronic equipment & instruments companies
Measure Company Peer median Rank
Revenue growth Growth 430.5% 9.8% 1 of 53
Change in growth rate Growth -268.8pp +2.3pp 52 of 53
Gross margin Profitability 26.6% 39.7% 38 of 48
Operating margin Profitability -82.6% -7.3% 43 of 53
Net margin Profitability -76.4% -5.3% 43 of 53
Free-cash-flow margin Cash generation -153.1% -2.1% 44 of 52
Stock pay as % of revenue Cash generation 1.8% 3.0% 15 of 49
Days sales outstanding Balance sheet 114 days 68 days 45 of 52

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Technology services $5.6M ▲ 600.0%
Product Development Projects Revenue $5.6M ▲ 600.0%
Power Bridge Sales and Shipping $5.5M ▲ 717.0%
Other $107,000 ▲ 16.3%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $5.2M 92.1% ▲ 696.6%
Europe $420,000 7.5% ▲ 412.2%
Other Regions $24,000 0.4% ▼ 31.4%

From Energous Corp's 10-K filed March 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

13F filings for June 30, 2026
Reported value
$49.4M
Institutions reporting
52
Shares held vs prior quarter
▲ 105.7%
Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $6.4M 264K 12.9% ▲ 23355.7%
Vanguard Capital Management LLC $5.6M 234K 11.4% ▲ 1028.1%
UBS Group AG $4.5M 188K 9.2% ▲ 4058.7%
Aigh Capital Management LLC $4.4M 182K 8.9% ▼ 15.3%
Geode Capital Management, LLC $3.3M 138K 6.7% ▲ 348.1%
Gatepass Capital, LLC $3.3M 136K 6.6% ▲ 17.2%
G2 Investment Partners Management LLC $2.8M 115K 5.6% New
Myda Advisors LLC $2.4M 100K 4.9% ▼ 50.0%
Raymond James Financial Inc $2.4M 98K 4.8% ▼ 19.8%
State Street Corp $2.3M 95K 4.6% ▲ 653.6%
Marshall Wace, LLP $1.8M 76K 3.7% New
Northern Trust Corp $1M 42K 2.1% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Energous Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $49,419 1 trade by 1 insider, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $49,419 net buying
Insider Date Trade Shares Price Value
Burak Mallorie Sara CEO & CFO May 27, 2026 Buy 1,867 $26.47 $49,419

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • August 12, 2026
  • May 13, 2026
  • March 25, 2026
  • January 13, 2026
  • November 12, 2025
  • October 15, 2025

Recent SEC filings

Data status

When each part of this page on Energous Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Energous Corp in brief

What does Energous Corp do?
Energous Corp is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.
What is Energous Corp's stock ticker?
Energous Corp trades under the ticker WATT on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Energous Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Energous Corp reported revenue of $10.5M, 430.5% higher than a year earlier, according to its SEC filings.
What is Energous Corp's free cash flow?
Energous Corp's free-cash-flow margin is -153.1% of revenue over the trailing twelve months, ranking 44 of the 52 electronic equipment & instruments companies we cover.
Who are Energous Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and UBS Group AG. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Energous Corp's market cap?
On December 31, 2025, Energous Corp's market capitalisation was about $5.9M and net debt of -$10.3M. Market figures come from third-party market data and may be delayed.
Who are Energous Corp's competitors?
In our Electronic Equipment & Instruments peer group, the companies closest to Energous Corp are Interlink Electronics Inc, Serve Robotics Inc., WF Holding Ltd, Virtra, Inc and Multisensor AI Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Energous Corp's.
Are insiders buying or selling Energous Corp stock?
Over the last 12 months, Energous Corp's directors and officers reported 1 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.