Energous Corporation (WATT) Stock

Energous Corporation (WATT) is a Technology stock trading at $14.61 (as of 2026-07-24), with a market capitalization of $80.37M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Energous Corporation (WATT) develops wireless charging technology under its WattUp approach, including semiconductor chipsets, software, hardware designs, and antennas that use radio-frequency methods to deliver power to electronic devices. Its solutions are used across markets such as building and home automation, retail shelf labels, industrial IoT sensors, and medical, consumer, and public safety applications.

Understand Energous Corporation: how it makes money

Energous develops wireless charging technology (WattUp and related PowerBridge solutions) that uses semiconductor chipsets, software, hardware designs, and antennas to enable radio frequency based charging for electronics, and it progresses commercialization through technology and distribution partners into customer deployments.

The profit model appears to be conversion of proof-of-concept and trial activity into deployed customer systems, culminating in customers shipping revenue, supported by coverage improvement metrics and growing transmitter and retail installations.

Business quality (Weak): Investor focus should center on whether proof-of-concept and deployment metrics convert into shipping revenue, because the latest quarter shows a negative operating margin.

Bull case

  • Large and measurable deployment footprint: The company reports PowerBridge Transmitters Deployed (39,000) and PowerBridge Pro Retail Locations Installed (1,500), which indicates progress beyond early testing into installed infrastructure.
  • Performance improvement signals are tracked: The company reports Improved Wireless Power Coverage (98 percent) and Asset Tracking Coverage Improvement (92 percent), suggesting it monitors technical outcomes that support adoption.

Bear case

  • Operating losses remain substantial: For the latest period, operating margin is -59.9 percent, indicating the business is not yet covering operating costs from current revenue.
  • Commercialization, while underway, looks limited in the Fortune 10 track: Fortune 10 Customers Shipping Revenue is 2, which suggests only a small number of top tier customers are currently shipping revenue relative to broader proof-of-concept and trial activity.
Valuation — source: SEC EDGAR (first-party)
Price$14.61
Market Cap$80.37M
Price / Book1.88
Price / Sales14.17
FCF Yield-34.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$5.63M
Net Margin-170.4%
Revenue Growth (YoY)798.5%
EPS Growth (YoY)-88.1%
FCF Growth (YoY)19.6%
Financial Health — source: SEC EDGAR
Altman Z-Score-23.73 (distress)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Technology)34.6
Industry P/E (Electronic Equipment)41.3
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Buys (12mo)1
Top Institutional HolderBlackRock Fund Advisors ($7.97M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOMallorie Sara Burak
Employees26
CountryUS
IPO Date2014-03-28

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WATT earnings history · WATT institutional & insider holders · WATT KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.