Energous NASDAQ: WATT reported sharply higher first-quarter revenue and a narrower loss as management said the wireless power company is moving from technology validation into commercial deployment across enterprise Internet of Things markets.
Energous Corporation (WATT) Q1 2026 Earnings Call Transcript
WATT's third-quarter 2024 revenues increase 36.1% year over year, driven by higher commercial Power Bridge transmitter system shipments.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| ABB Alexander Bjornager Bonde Danske Bank A/S | 4 | $31 | $66.5 | $35.5 | 114.52% |
| YA Yinka Akinsola Blue Trust Inc. | 1 | $7.72 | $16.64 | $8.92 | 115.54% |
| 3IP 3Chopt Investment Partners LLC 3Chopt Investment Partners, LLC | 18,000 | $282,420 | $276,840 | -$5,580 | -1.98% |
Matthew Jenkins GatePass Capital LLC | 116,000 | $1.82M | $1.77M | -$52,200 | -2.87% |
| Automobile Components Industry | Consumer Discretionary Sector | Mallorie Sara Burak CEO | NASDAQ (CM) Exchange | 29272C301 CUSIP |
| US Country | 26 Employees | - Last Dividend | 11 Aug 2025 Last Split | 28 Mar 2014 IPO Date |
Energous Corporation is at the forefront of developing innovative wireless charging technology through its flagship WattUp wireless power technology. With a strong focus on revolutionizing how electronic devices are powered, Energous incorporates advanced semiconductor chipsets, sophisticated software control, creative hardware designs, and efficient antennas. This enables the implementation of radio frequency-based charging solutions that are not only efficient but also versatile in application. Originally established as DvineWave Inc., the company rebranded to Energous Corporation in January 2014, marking a new phase in its commitment to pioneering wireless charging solutions. Incorporated in 2012 and based in San Jose, California, Energous aims to bridge the gap in the charging landscape by providing power without the constraints of wires and cords.
Energous Corporation's WattUp technology encompasses a broad range of applications designed to meet diverse needs, making wireless charging more accessible across different sectors: