Filing Flows › Energous (WATT) › Q4 2024
Energous (WATT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 27, 2025
Energous (WATT) reported revenue of $428K for the fourth quarter 2024 (Q4 2024), +370% from a year earlier and +86% from the quarter before. Operating margin was -820.8%, net loss $4.1M (964.7% of revenue).
Energous, Q4 2024: revenue $428K (+370% year over year), operating margin -820.8%, net loss $4.1M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $428K | +86% | +370% |
| Operating profit | −$3.5M | — | — |
| Net earnings | −$4.1M | — | — |
| Operating cash flow | −$2.7M | — | — |
What changed
Revenue was $428K in Q4 2024, up 370% year over year and up 86% from the previous quarter.
Gross margin was 48.8%. Operating costs exceeded revenue by $3.5M, an operating margin of -820.8%. The quarter ended with a net loss of $4.1M, wider than the previous quarter's $3.4M loss.
Operating cash flow was −$2.7M. Non-cash charges added back $48K of depreciation and amortization and $123K of share-based compensation. Working capital and other items added $1.3M.
Questions
What was Energous' revenue in the fourth quarter 2024?
Energous (WATT) reported revenue of $428K for the fourth quarter 2024 (Q4 2024), +370% from a year earlier and +86% from the quarter before.
Was Energous profitable in the fourth quarter 2024?
Operating loss was $3.5M (-820.8% of revenue) and net loss $4.1M.
Source: Energous 10-K on SEC EDGAR.