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Energous Wireless Power Solutions — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue reached $3.4 million, a 167% year-over-year increase and 10% sequential rise, while year-to-date revenue of $9.6 million exceeded full-year 2025 total revenue of $5.6 million.
  • Gross margins improved to 14% in Q3 2026 from 3% in Q2 2026, with GAAP net loss narrowing to $2.5 million ($0.45 per share) from $2.1 million in the prior year period.
  • Management expects continued gross margin improvement in Q4 2026 and 2027 as offshore contract manufacturers ramp production, alongside a strategic shift from market validation to commercial adoption.
  • Key product milestones include shipping over 69,500 PowerBridge transmitters since 2024 and receiving FCC certification for the PowerBridge Pro+ in July 2026, while cash and cash equivalents grew to $28.8 million.
  • The company is pursuing recurring revenue opportunities through data services and advanced analytics, with a long-term goal of becoming a foundational infrastructure provider for enterprise Physical AI applications.
Company
ENERGOUS CORP
Sector
Technology
Industry
Scientific & Technical Instruments