WATTNasdaqRadio & Tv Broadcasting & Communications EquipmentFiscal year ends December 31
Energous Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$8.87+0.30 (+3.50%)
Close on Oct 19, 2026
- Market cap
- $48.86M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2025
Gross margin
36.0%−25.3 pts over 5 years
Operating margin
-177.9%+9566.8 pts over 5 years
Net margin
-170.4%+9553.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +633.1% | +87.7% | +76.6% | +8.5% | |
| Gross profit | +16808.3% | – | +58.8% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -158.5% | -93.5% | -168.0% | |
| Return on assets | -134.9% | -81.6% | -93.4% | |
| Current ratio | 4.90 | 14.65 | 4.19 | |
| Interest coverage | – | – | -50.1× | |
| Inventory turnover | – | – | 3.6× | |
| Capex to revenue | 78.3% | 41.7% | 1.5% | |
| Diluted shares | 0M | 0M | 1M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Energous generated $101.60M from operations and spent $922.73K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$101.60M
Used
$922.73K
Capital expenditure$922.73K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-170.4%
×Asset turnover0.55×
×Equity multiplier1.80×
=Return on equity, FY2025-168.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -170.4% | 0.55× | 1.80× | -168.0% |
| FY2024 | -2395.6% | 0.08× | 1.96× | -353.1% |
| FY2023 | -4085.9% | 0.02× | 1.28× | -107.2% |
| FY2022 | -3086.4% | 0.02× | 1.13× | -73.4% |
| FY2021 | -5474.1% | 0.01× | 1.09× | -86.3% |
| FY2020 | -9724.2% | 0.01× | 1.15× | -93.5% |
| FY2019 | -19185.8% | 0.01× | 1.25× | -205.4% |
| FY2018 | -9875.3% | 0.03× | 1.24× | -337.5% |
| FY2017 | -4278.7% | 0.05× | 1.26× | -245.0% |
| FY2016 | -3155.6% | 0.04× | 1.17× | -158.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$9.59M
- Cash generatingOperating cash flow above zero-$12.42M
- Return on assets improvedROA up on the prior year-110.3% → -252.8%
- Earnings backed by cashOperating cash flow above net income-$12.42M vs -$9.59M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.60 → 4.19
- No dilutionShare count did not rise0M → 1M
- Gross margin improvedGross margin up on the prior year1.56% → 36.04%
- More efficientAsset turnover rose0.05 → 1.48