Filing Flows › Energous (WATT) › Q3 2025
Energous (WATT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Energous (WATT) reported revenue of $1.3M for the third quarter 2025 (Q3 2025), +453% from a year earlier and +30% from the quarter before. Operating margin was -172.2%, net loss $2.1M (166.1% of revenue).
Energous, Q3 2025: revenue $1.3M (+453% year over year), operating margin -172.2%, net loss $2.1M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | +30% | +453% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $1.3M in Q3 2025, up 453% year over year and up 30% from the previous quarter.
Gross margin was 36.0%. Operating costs exceeded revenue by $2.2M, an operating margin of -172.2%. The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $2.8M loss.
Operating cash flow was −$2.5M. Non-cash charges added back $25K of depreciation and amortization and $40K of share-based compensation. Working capital and other items used $418K. Capital expenditures of $6K exceeded it, leaving free cash flow of −$2.5M.
Questions
What was Energous' revenue in the third quarter 2025?
Energous (WATT) reported revenue of $1.3M for the third quarter 2025 (Q3 2025), +453% from a year earlier and +30% from the quarter before.
Was Energous profitable in the third quarter 2025?
Operating loss was $2.2M (-172.2% of revenue) and net loss $2.1M.
Source: Energous 10-Q on SEC EDGAR.