Energous Wireless Power Solutions Reports First Quarter 2026 Results

Published: 2026-05-13 16:16:25 ET WATT

Published on 05/13/2026 at 04:16 pm EDT

– Reports Revenue of $3.1 Million – Posting Fifth Consecutive Quarter of Revenue Growth – Conference Call Today at 4:30 p.m. Eastern Time

SAN JOSE, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (Nasdaq: WATT) (“Energous,” the “Company,” “we,” or “our”), a pioneer in scalable, over-the-air wireless power networks, today announced financial results for the first quarter ended March 31, 2026, reporting revenue of approximately $3.1 million, representing a 1% increase versus the fourth quarter of 2025, and a 799% improvement versus the same prior year period. The Company also provided an update on recent events and Company highlights.

“The first quarter of 2026 marked a defining moment in Energous' evolution,” said Mallorie Burak, CEO and CFO of Energous. “Having successfully stabilized the business over the last two years and completed our transition from technology validation to commercial deployment, we are now scaling by growing our Fortune 10 customer programs and expanding our proof-of-concept pipeline – resulting in a fifth consecutive quarter of revenue growth. The foundation we built over the past two years is now producing results, and we believe the trajectory reflects the full potential of what wireless power networks can deliver at enterprise scale.”

First Quarter 2026 Financial Results

Company Highlights and Updates__________________________¹ See “Non-GAAP Financial Measures” below for additional information.

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