Energous Corporation reported second-quarter 2026 revenue of approximately $3.1 million during an earnings call on Wednesday [1, 2].
The financial results highlight the company's struggle to balance growth from new deployments with significant operational losses. As a provider of wireless charging technology, Energous is attempting to scale its production and secure larger enterprise contracts to reach profitability.
For the quarter ending June 30, 2026, the company reported revenue between $3.09 million [2] and $3.1 million [1]. This performance was accompanied by a net loss of $2.9 million [3, 4]. The company's earnings per share (EPS) for the period stood at -$0.53 [2].
Beyond the quarterly figures, the company reported that its trailing 12-month revenue reached $10 million [5]. This long-term figure provides a broader view of the company's trajectory, though the recent quarterly miss indicates continued volatility in its financial performance.
Energous is now focusing on deployments with Fortune 10 companies to drive future growth [6]. The company also said that it is targeting gross margins of 40 percent as overseas production resumes and scales during the third and fourth quarters of 2026 [6].
Based in San Jose, California, the company held the disclosure via a virtual earnings-call platform [7, 8]. The session served to update investors on the company's current production status and its outlook for the remainder of the year.
“Energous reported second-quarter 2026 revenue of approximately $3.1 million.”
The gap between Energous's trailing 12-month revenue and its quarterly net loss suggests a company in a high-burn growth phase. By targeting Fortune 10 clients and resuming overseas production to hit a 40 percent margin goal, the company is pivoting from early-stage development to industrial scaling. However, the miss on analyst expectations indicates that the market remains skeptical of the speed at which these wireless charging deployments can offset operational costs.
