Saturday 17 October 2026
Export WATT’s income statement to Excel — free account
Energous Corporation
WATT Technology Communication Equipment
Energous Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.6 million, up 633.1% from fiscal 2024. In the quarter to June 2026, revenue grew 216.8%, EPS grew 77.9%, free cash flow fell 90.6% and total debt fell 12.3%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.
8.57
0.38
−4.25%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | 3 | 3 | 3 | 4 | 5 | 4 | 3 | 3 | 5 |
P/E ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z-Score |
18.28 | 42.65 | 3.31 | (13.62) | 2.32 | 0.35 | (11.45) | (34.68) | (163.26) | (34.25) |
P/S ratio |
213.70 | 412.34 | 286.07 | 267.49 | 228.60 | 107.11 | 75.45 | 16.02 | 9.41 | 1.05 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
(10.91) | (50.59) | (38.43) | (36.88) | (3.61) | (9.66) | (35.51) | (77.17) | (380.21) | (76.20) |
Beneish M-Score |
— | — | — | 290.99 | (2.48) | (2.17) | — | (4.22) | 9.17 | 7.56 |
P/Operating CF |
(35.98) | (63.08) | (18.12) | (9.47) | (13.97) | (13.03) | (13.39) | (2.28) | (2.69) | (2.46) |
P/B ratio |
10.87 | 40.47 | 8.02 | 2.82 | 1.53 | 1.73 | 2.61 | 0.66 | 0.00 | 0.47 |
Price to Tangible BV |
10.87 | 40.47 | 8.02 | 2.82 | 1.53 | 1.73 | 2.61 | 0.66 | 0.00 | 0.47 |
EV/Sales |
192.17 | 401.25 | 247.02 | 162.73 | 76.18 | 43.11 | 45.41 | (11.91) | 8.71 | (0.78) |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.26 | 0.00 | 0.45 |
EV/Operating CF |
(8.44) | (13.45) | (3.91) | (1.22) | (1.01) | (1.14) | (1.64) | 0.29 | (0.38) | 0.35 |
EV/FCF |
(8.16) | (13.14) | (3.81) | (1.21) | (1.00) | (1.12) | (1.62) | 0.29 | (0.38) | 0.35 |
Quick Ratio |
4.68 | 3.51 | 5.54 | 4.87 | 14.47 | 11.36 | 6.88 | 3.04 | 0.29 | 3.66 |
Current Ratio |
4.90 | 3.81 | 5.71 | 4.97 | 14.65 | 11.56 | 7.12 | 3.25 | 0.60 | 4.19 |
Net Debt/EBITDA |
0.70 | 0.27 | 0.40 | 0.55 | 1.62 | 1.18 | 0.97 | 0.64 | 0.03 | 1.05 |
Debt/Assets |
0.00% | 0.00% | 0.00% | 2.90% | 1.55% | 1.22% | 2.37% | 0.00% | 21.55% | 0.53% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.04 | 0.02 | 0.01 | 0.03 | 0.00 | (0.76) | 0.01 |
Asset Turnover |
0.04 | 0.05 | 0.03 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.08 | 0.55 |
Operating CF/Net income |
0.72 | 0.70 | 0.64 | 0.69 | 0.78 | 0.69 | 0.90 | 0.99 | 0.96 | 1.29 |
Capex/Depreciation |
(1.10) | (0.59) | (0.76) | (0.25) | (0.12) | (1.42) | (0.67) | (1.00) | (0.59) | (0.46) |
Interest Coverage |
3,445.92 | 4,221.18 | 570.32 | 93.22 | 448.02 | 7,533.24 | 64.91 | 27.32 | — | 60.33 |
| (158.47%) | (244.99%) | (337.48%) | (205.43%) | (93.53%) | (86.27%) | (73.36%) | (107.17%) | (353.09%) | (167.99%) | |
| (134.89%) | (194.92%) | (271.76%) | (163.77%) | (81.60%) | (79.28%) | (64.78%) | (83.43%) | (179.75%) | (93.42%) | |
ROIC |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | (286.47%) |
Return on Tangible Assets |
(161.53%) | (423.12%) | (276.79%) | (209.20%) | (65.86%) | (89.30%) | (109.71%) | (179.08%) | 1,147.01% | (80.19%) |
Average Days of Receivables |
37.58 | 0.00 | 31.62 | 115.10 | 84.62 | 136.78 | 61.48 | 78.54 | 37.07 | 193.72 |
Research and Development Expense of Revenue |
2,261.36% | 2,879.61% | 6,385.33% | 11,608.60% | 5,212.61% | 2,718.37% | 1,468.08% | 2,280.80% | 1,000.78% | 73.29% |
Selling, General and Administrative Expense of Revenue |
995.25% | 1,500.10% | 3,607.73% | 7,885.66% | 4,591.91% | 2,325.55% | 1,522.84% | 2,346.84% | 1,218.62% | 121.74% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
654.88% | 1,369.39% | 3,254.43% | 5,320.64% | 2,412.34% | 1,576.53% | 342.86% | 354.01% | 104.04% | 4.99% |
Graham Net Nets |
0.08 | 0.02 | 0.12 | 0.31 | 0.63 | 0.57 | 0.35 | 1.29 | (0.27) | 1.87 |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 89.41 | 0.00 |
Earnings Yield |
(14.80%) | (10.40%) | (34.58%) | (71.82%) | (43.38%) | (52.05%) | (41.00%) | (252.40%) | (259.67%) | (164.56%) |
Free Cash Flow Yield |
(11.02%) | (7.41%) | (22.67%) | (50.10%) | (33.34%) | (35.88%) | (37.05%) | (256.43%) | (244.87%) | (210.98%) |
Revenue per Share |
49.38 | 32.51 | 12.14 | 3.97 | 4.72 | 7.00 | 6.60 | 3.05 | 3.22 | 3.79 |
Operating CF per Share |
(1,124.57) | (969.87) | (767.15) | (528.20) | (357.74) | (265.68) | (183.23) | (123.95) | (73.68) | (8.36) |
Capex per Share |
(38.69) | (22.95) | (20.28) | (3.89) | (1.97) | (3.38) | (1.28) | (1.20) | (0.52) | (0.06) |
Free Cash Flow per Share |
(1,163.26) | (992.81) | (787.42) | (532.09) | (359.71) | (269.07) | (184.51) | (125.15) | (74.20) | (8.42) |
Cash per Share |
1,063.22 | 360.43 | 474.21 | 430.24 | 732.03 | 453.94 | 203.78 | 89.74 | 5.67 | 7.00 |
Shareholders Equity per Share |
971.13 | 331.23 | 433.26 | 377.24 | 707.83 | 434.64 | 191.05 | 74.04 | (4.52) | 8.42 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
971.13 | 331.23 | 433.26 | 377.24 | 707.83 | 434.64 | 191.05 | 74.04 | (4.52) | 8.42 |
Free Cash Flow |
(34.20) | (35.24) | (33.39) | (26.82) | (24.93) | (29.09) | (23.80) | (19.44) | (17.70) | (12.50) |
Working Capital |
26.16 | 10.26 | 17.15 | 17.73 | 47.93 | 45.88 | 23.52 | 10.39 | (1.96) | 11.67 |
Capital Expenditures |
(1.14) | (0.81) | (0.86) | (0.20) | (0.14) | (0.37) | (0.16) | (0.19) | (0.12) | (0.08) |
Net Current Asset Value |
26.16 | 10.26 | 17.15 | 16.33 | 47.35 | 45.84 | 22.26 | 9.83 | (1.96) | 11.08 |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.26 | 0.00 | 0.44 |
Capex to Sales |
0.78 | 0.71 | 1.67 | 0.98 | 0.42 | 0.48 | 0.19 | 0.39 | 0.16 | 0.01 |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.47 | 0.98 | 0.93 | 1.25 | 2.78 | 0.51 | 0.57 | 0.44 | 0.59 | 0.60 |
Cash ROIC |
(57.18%) | (143.54%) | (86.77%) | (64.75%) | (24.78%) | (30.08%) | (46.09%) | (76.42%) | (1,617.55%) | (54.39%) |
Accounts Receivable Turnover |
14.96 | 0.00 | 5.30 | 3.72 | 4.71 | 4.21 | 3.99 | 3.86 | 8.53 | 3.67 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.81 | 1.21 | 0.20 | 0.41 | 2.57 |
Inventory Turnover |
— | — | — | — | 0.00 | 0.00 | 0.00 | 1.04 | 1.63 | 3.59 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 3,164.68 | 472.00 | 257.35 | 2,458.19 | 894.15 | 96.70 |
Days of Inventory on Hand |
— | — | — | — | 0.00 | 0.00 | 30.23 | 562.54 | 240.44 | 152.95 |
Average Receivables |
0.10 | — | 0.10 | 0.05 | 0.07 | 0.18 | 0.21 | 0.12 | 0.09 | 1.53 |
Average Payables |
3.52 | 3.37 | 1.94 | 1.77 | 1.38 | 1.15 | 1.05 | 1.39 | 1.87 | 1.40 |
Average Inventory |
— | — | — | — | — | — | — | 0.27 | 0.46 | 1.00 |
Average Assets |
33.97 | 25.33 | 18.71 | 23.45 | 39.01 | 52.26 | 40.56 | 23.21 | 10.24 | 10.27 |
Average Common Equity |
28.91 | 20.15 | 15.06 | 18.69 | 34.03 | 48.02 | 35.81 | 18.07 | 5.21 | 5.71 |
Columns are period end dates