Energous Co.

Energous Co achieved a 933% year-over-year revenue increase in Q1 2026 to USD 3.1 million and improved its gross margin by 9 percentage points to 36%. The GAAP net loss narrowed by 51% to USD 1.7 million, while total operating expenses fell by 21%. The stock dropped intraday by 8.66% to USD 25.86 but recovered slightly in after-hours trading; the company did not withdraw its quarterly guidance and emphasized its focus on scaling U.S. production and reaching profitability. » Más en de.investing.com

Energous reports preliminary revenue for Q3 2025 of about 1.3 million USD, a sixfold increase year‑over‑year and up 31% versus Q2; this is the highest quarterly revenue since 2015. Year‑to‑date revenue is approximately 2.6 million USD, and the backlog stands at around 4.2 million USD, including purchase commitments from a Fortune‑10 customer. An operating loss of 2.1–2.3 million USD is expected for the quarter, the smallest burden since 2014. In addition, Energous completed a registered direct offering of roughly 5 million USD and carried out a 1‑for‑30 reverse stock split; proof‑of‑concept projects are underway in telecommunications, logistics and the food and beverage industry. » Más en de.investing.com

Energous plans a registered at‑the‑market direct offering of approximately 585,347 common shares with accompanying warrants at $7.92 per share and expects total gross proceeds of about $5 million. In addition, agreements were made for the immediate exercise of outstanding warrants for 47,764 shares; new unregistered warrants with an exercise price of $7.79 will be issued as consideration. Rodman & Renshaw and H.C. Wainwright are acting as placement agents; proceeds are intended for working capital and general corporate purposes. Energous also reported record quarterly revenue of more than $900,000, its lowest quarterly net loss in a decade, and plans a 1‑for‑30 reverse split to meet NASDAQ minimum bid requirements. » Más en de.investing.com