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WATT Financials Energous Corp

14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 76.6% per year over the past 5 years.
  • Operating margin has expanded, at -177.9% in the latest year.

Financial health

  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$51M -$23M $6M $0 2013 2014 2016 2018 2020 2022 2024
RevenueNet income
Margins (gross / operating / net)
-19390% -9664% 61% 0% 2013 2014 2016 2018 2020 2022 2024
GrossOperatingNet
Free cash flow (CFO − capex)
-$35M -$18M $0 2013 2014 2016 2018 2020 2022 2024
Free cash flow
Cash vs total debt
$0 $25M $51M 2013 2014 2016 2018 2020 2022 2024
CashTotal debt
Cash flow: operating / investing / financing
-$34M $10M $54M $0 2013 2014 2016 2018 2020 2022 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $6M -$10M 36.0% -177.9% -$13M $10M
2024 $768000 -$18M 1.6% -2397.1% -$18M $1M
2023 $474000 -$19M 41.1% -4662.2% -$19M $14M
2022 $851321 -$26M -50.1% -3134.7% -$24M $26M
2021 $756793 -$41M 0.0% -5474.8% -$29M $49M
2020 $327350 -$32M 61.3% -9744.7% -$25M $51M
2019 $200143 -$38M 0.0% -19390.1% -$27M $22M
2018 $514823 -$51M 0.0% -9892.6% -$33M $20M
2017 $1M -$49M 0.0% -4279.7% -$35M $13M
2016 -$46M -$34M $31M
2015 -$28M -$21M $30M
2014 -$46M $31M
2014 -$37M $124009 $730279
2013 -$6M $2M

Valuation over time

How the market has priced WATT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 28.1 56.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is WATT growing its revenue and profit?

Over the past 5 years, Energous Corp's revenue has grown 76.6% per year. These are computed facts, not advice.

How much debt does WATT have?

As of FY2025, Energous Corp reported — of total debt against $10M of cash.

What is WATT's profit margin?

In FY2025, gross margin was 36.0%, operating margin -177.9%, and net margin -170.4%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.