- Reports Revenue of $5.6 Million – Posting fourth consecutive quarter of growth and highest recorded annual revenue in the Company’s history -- Lowest Quarterly Net Loss since 2013 – Evidencing further progress toward profitability - SAN JOSE, Calif., March 25, 2026 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (Nasdaq: WATT) (the “Company,” “we,” or “our”), a leader in over-the-air (OTA) wireless power networks, today announced financial results for the year ended Decemb ...

Core Insights - Energous Corporation reported record revenue growth for the year ended December 31, 2025, with annual revenue expected to be $5.6 million, a 630% increase from approximately $0.8 million in 2024, marking the highest annual revenue in the company's history [2][7] - The company achieved a significant improvement in operating performance, with net loss decreasing by over 45% year-over-year, attributed to increased scale and improved cost discipline [2][4] - Energous raised approximately $23.9 million in equity capital in 2025, enhancing its financial position and enabling sustained investment in product innovation and strategic growth initiatives [2][7] Financial Performance - For Q4 2025, preliminary revenue was approximately $3.0 million, reflecting a 139% increase quarter-over-quarter from approximately $1.3 million in Q3 2025, while net loss improved by over 25% compared to the previous quarter [3][7] - The company expects to finalize its financial results in its Annual Report on Form 10-K [3] Product Development - Energous expanded its product portfolio in 2025 with four new products aimed at enhancing its wireless power platform, including e-Sense, e-Compass, PowerBridge MOD, and PowerBridge PRO+ [5][8] - The company was granted 15 new patents in 2025, strengthening its technology foundation and ability to deliver differentiated solutions [5] Commercial Expansion - Energous joined the Amazon Web Services (AWS) Partner Network, allowing integration of its wireless power and sensing technologies with AWS cloud services, facilitating scalable operations [6] - The company's hardware and software solutions are now qualified and available through the Amazon Marketplace, streamlining procurement for enterprise customers [6] Operational Milestones - The year 2025 marked a significant inflection point for Energous, translating years of technology development into tangible financial and commercial momentum [9] - The company reported support for over 410 retail stores and fulfillment centers, deployment across three national grocery distribution centers, and 14 international deployments, with more than 25,000 PowerBridge units shipped and zero product returns on PowerBridge systems [12]

Core Viewpoint - Energous Corporation has received regulatory approval for its PowerBridge Pro Directional transmitter, enabling commercialization across the European Union and the UK, marking a significant step in the company's global expansion strategy [1][3]. Group 1: Product Certification and Features - The PowerBridge Pro delivers 2W conducted power with an Effective Isotropic Radiated Power (EIRP) of 39.5 dBi, providing enterprises with broader coverage and higher performance for at-a-distance wireless power [2]. - The system has received dual-band approval for both lower (865 MHz) and upper (918 MHz) bands, allowing unrestricted deployment across EU member countries [2]. Group 2: Strategic Importance and Market Impact - The EU certification is seen as a major milestone for Energous, positioning the company to replicate its success in the U.S. market within Europe, facilitating the scaling of wireless power infrastructures across supply chains [3]. - The approval is expected to accelerate the adoption of wireless power as a foundational infrastructure layer for Ambient IoT, offering a sustainable alternative to batteries and enhancing operational connectivity globally [5]. Group 3: Company Overview and Mission - Energous is pioneering scalable over-the-air wireless power networks, aiming to drive a new generation of battery-free devices for various applications, including asset tracking and environmental monitoring [6]. - The company's technology is designed to provide continuous access to wireless power, supporting smarter and more connected operations [6].

Supply Chain Challenges & Solutions - US retailers face approximately $300 billion in annual financial losses due to poor inventory management and lack of visibility[7] - Cold chain applications experience roughly $46.7 billion in annual financial losses because retailers lack visibility in managing temperature-sensitive products[7] - Energous offers wireless power networks (WPNs) to provide visibility, control, and intelligent business automation for supply chains[11] - WPNs can reduce infrastructure costs by eliminating batteries, cables, and wires[10] Energous Technology & Advantages - Energous transmitters deliver always-on, automated energy flow and act as data links for IoT devices[13] - Energous's WPNs offer wireless charging and data transmission at a distance[18] - Energous's solutions enable a new generation of battery-free IoT devices for asset and inventory tracking[15] - Energous has a competitive advantage with higher output power delivery (8W vs <2W), leading to higher levels of asset visibility[35] Market Opportunity & Financials - The total addressable market (TAM) for IoT sensors is $16 billion[38] - The TAM for RF tags is $15.8 billion[41] - The company's revenue for FY 2024 was $0.8 million[59]