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Energous (WATT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Energous (WATT) reported revenue of $3.1M for the second quarter 2026 (Q2 2026), +217% from a year earlier and +0.2% from the quarter before. Operating margin was -103.4%, net loss $2.9M (94.2% of revenue).

Revenue$3.1M
Year over year+217%
Quarter over quarter+0.2%
Operating margin-103.4%
Net earnings−$2.9M

Energous, Q2 2026: revenue $3.1M (+217% year over year), operating margin -103.4%, net loss $2.9M, operating cash flow −$5.3M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$3.1M+0.2%+217%
Operating profit−$3.2M——
Net earnings−$2.9M——
Operating cash flow−$5.3M——

What changed

Revenue was $3.1M in Q2 2026, up 217% year over year and roughly flat from the previous quarter. Power Bridge Sales and Shipping was the largest line at 98% of revenue. Power Bridge Sales and Shipping added $2.1M year over year (up 220%), 98% of the total change.

Gross margin was 3.0%, down 31.6 points from Q2 2025. Operating costs exceeded revenue by $3.2M, an operating margin of -103.4%. Operating expenses grew 5% against revenue growth of 217%. The fastest-growing cost line was Other operating costs (+146%). The quarter ended with a net loss of $2.9M, wider than the previous quarter's $1.7M loss.

Operating cash flow was −$5.3M. Non-cash charges added back $66K of depreciation and amortization and $62K of share-based compensation. Working capital and other items used $2.5M. Capital expenditures of $235K exceeded it, leaving free cash flow of −$5.5M.

Questions

What was Energous' revenue in the second quarter 2026?

Energous (WATT) reported revenue of $3.1M for the second quarter 2026 (Q2 2026), +217% from a year earlier and +0.2% from the quarter before.

Was Energous profitable in the second quarter 2026?

Operating loss was $3.2M (-103.4% of revenue) and net loss $2.9M.

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Source: Energous 10-Q on SEC EDGAR.