Energous Reports 630% Revenue Growth to $5.6M for 2025
Energous Corporation announced preliminary financial results for the year ended December 31, 2025, highlighting record revenue growth, improved operating performance, and accelerating commercial momentum. For the year ended December 31, 2025, Energous expects to report annual revenue of $5.6M versus approximately $0.8M in 2024, representing an increase of more than 630% year-over-year and the highest recorded annual revenue in the Company's history. The Company also expects to report a significant improvement in operating performance, with net loss decreasing more than 45% year-over-year, reflecting increased scale, improved cost discipline, and continued progress toward profitability. Energous also strengthened its financial position by raising approximately $23.9M in equity capital while also eliminating debt and certain liabilities from its balance sheet, enabling sustained investment in product innovation, commercial expansion, and strategic growth initiatives. Financial momentum continued in the fourth quarter of 2025, with preliminary reported revenue increasing by approximately 139% quarter-over-quarter to approximately $3M, while net loss improved by over 25% compared to the third quarter of 2025.
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Energous Reports $5.6 Million Revenue for 2025, Achieving 630% Growth
- Significant Revenue Growth: Energous expects to report approximately $5.6 million in revenue for 2025, representing over 630% growth from $0.8 million in 2024, marking the highest annual revenue in the company's history and indicating strong market demand and product acceptance.
- Strong Quarterly Performance: For Q4 2025, the company reported preliminary revenue of approximately $3.0 million, a 139% increase quarter-over-quarter, while net loss improved by over 25% compared to Q3, reflecting significant progress in operational efficiency and cost control.
- Optimized Capital Structure: Energous raised approximately $23.9 million in equity capital in 2025, strengthening its financial position and eliminating certain debts, ensuring sustained investment in product innovation and commercial expansion to support future strategic growth.
- Expanded Product Portfolio: The company launched four new products in 2025, enhancing its wireless power platform, while securing 15 new patents, which bolstered its market competitiveness and technological barriers, driving commercial validation and expanding customer relationships.
WATT Fuel Cell Installs First 2kW WATT HOME System in West Virginia
- Commercial Expansion Progress: WATT Fuel Cell successfully installed its first 2kW WATT HOME solid oxide fuel cell system at Hope Gas's training center, marking a significant milestone in its commercialization strategy, with residential installations expected to begin in January 2026 to meet growing market demand.
- Product Certification Enhancement: The WATT HOME system has achieved 2kW power certification, validating its performance and strengthening the company's competitive position in the natural gas backup power solutions market, which is anticipated to accelerate adoption by customers and utilities.
- Large-Scale Deployment Plan: WATT's multi-year agreement with Hope Gas aims to deploy 7,250 WATT HOME units across West Virginia over three years, representing the largest committed volume opportunity in the company's history, addressing the region's frequent electrical outages.
- Innovative Collaboration Model: Hope Gas will launch the WATT HOME Ambassador Program next year to implement early installations for customer feedback, further driving energy technology innovation in the region and enhancing electric reliability and resilience.
