Energous Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 217% year-over-year in Q2 2026, with gross margin at 19% due to temporary supply chain and manufacturing costs. Major deployments with Fortune 10 and federal customers are scaling, and the pipeline is larger and higher quality than ever, supporting confidence in margin recovery and sustained growth.
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A scalable wireless power network enables real-time, battery-free asset tracking, addressing a $1.85 trillion industry problem. The platform integrates with RFID, supports recurring revenue, and is positioned for growth amid regulatory changes and expanding use cases.
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Revenue grew to $3.1M in Q1 2026, marking five straight quarters of growth and improved margins. Large-scale deployments with Fortune 10 firms, expanded product offerings, and a strong AWS partnership are fueling momentum, with $37M in cash supporting future growth.