Filing Flows › Energous (WATT) › Q2 2025
Energous (WATT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Energous (WATT) reported revenue of $975K for the second quarter 2025 (Q2 2025), up 21-fold from a year earlier and +184% from the quarter before. Operating margin was -285.1%, net loss $2.8M (285.9% of revenue).
Energous, Q2 2025: revenue $975K (21× year over year), operating margin -285.1%, net loss $2.8M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $975K | +184% | 21× |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $1.0M in Q2 2025, up 2020% year over year and up 184% from the previous quarter.
Gross margin was 34.7%. Operating costs exceeded revenue by $2.8M, an operating margin of -285.1%. The quarter ended with a net loss of $2.8M, narrower than the previous quarter's $3.4M loss.
Operating cash flow was −$2.9M. Non-cash charges added back $55K of depreciation and amortization and $97K of share-based compensation. Working capital and other items used $242K. Capital expenditures of $16K exceeded it, leaving free cash flow of −$2.9M.
Questions
What was Energous' revenue in the second quarter 2025?
Energous (WATT) reported revenue of $975K for the second quarter 2025 (Q2 2025), up 21-fold from a year earlier and +184% from the quarter before.
Was Energous profitable in the second quarter 2025?
Operating loss was $2.8M (-285.1% of revenue) and net loss $2.8M.
Source: Energous 10-Q on SEC EDGAR.