Energous Corporation (WATT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Energous Corporation (WATT) stock price & volume — 10-year historical chart
Energous Corporation (WATT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Energous Corporation (WATT) competitors in Power Conversion and Protection Electronics — business model, growth, and fundamentals comparison
Energous Corporation (WATT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Energous Corporation (WATT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.45M | 1.15M | 514.82K | 200.14K | 327.35K | 756.79K | 851.32K | 474.18K | 768K | 3.02M |
| Revenue Growth % | -41.92% | -20.52% | -55.39% | -61.12% | 63.56% | 131.19% | 12.49% | -44.3% | 61.96% | 600.23% |
| Cost of Goods Sold | 0 | 0 | 0 | 0 | 126.54K | 0 | 1.28M | 279.08K | 756K | 1.93M |
| COGS % of Revenue | - | - | - | - | 38.66% | - | 150.07% | 58.86% | 98.44% | - |
| Gross Profit | 1.45M▲ 0% | 1.15M▼ 20.5% | 514.82K▼ 55.4% | 200.14K▼ 61.1% | 200.81K▲ 0.3% | 756.79K▲ 276.9% | -426.24K▼ 156.3% | 195.1K▲ 145.8% | 12K▼ 93.8% | 1.09M▲ 0% |
| Gross Margin % | 100% | 100% | 100% | 100% | 61.34% | 100% | -50.07% | 41.14% | 1.56% | 36.12% |
| Gross Profit Growth % | -41.92% | -20.52% | -55.39% | -61.12% | 0.33% | 276.87% | -156.32% | 145.77% | -93.85% | - |
| Operating Expenses | 47.28M | 50.54M | 51.44M | 39.01M | 32.1M | 42.19M | 26.26M | 22.29M | 18.42M | 13.19M |
| OpEx % of Revenue | 3256.51% | 4379.67% | 9992.61% | 19490.09% | 9806.01% | 5574.78% | 3084.63% | 4701.73% | 2398.7% | - |
| Selling, General & Admin | 14.45M | 17.31M | 18.57M | 15.78M | 15.03M | 17.6M | 12.96M | 11.12M | 8.77M | 7.15M |
| SG&A % of Revenue | 995.22% | 1500.09% | 3607.56% | 7883.98% | 4592.59% | 2325.58% | 1522.8% | 2346.11% | 1141.93% | - |
| Research & Development | 32.83M | 33.23M | 32.87M | 23.23M | 17.07M | 20.57M | 12.5M | 10.81M | 8.28M | 4.97M |
| R&D % of Revenue | 2261.3% | 2879.58% | 6385.05% | 11606.11% | 5213.42% | 2718.39% | 1468.05% | 2279.83% | 1077.47% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 4.02M | 798.39K | 359.42K | 1.38M | 1.03M |
| Operating Income | -45.83M▲ 0% | -49.39M▼ 7.8% | -50.93M▼ 3.1% | -38.81M▲ 23.8% | -31.9M▲ 17.8% | -41.43M▼ 29.9% | -26.69M▲ 35.6% | -22.1M▲ 17.2% | -18.41M▲ 16.7% | -12.1M▲ 0% |
| Operating Margin % | -3156.51% | -4279.67% | -9892.61% | -19390.09% | -9744.67% | -5474.78% | -3134.7% | -4660.58% | -2397.14% | -400.76% |
| Operating Income Growth % | -66.19% | -7.76% | -3.12% | 23.8% | 17.8% | -29.89% | 35.59% | 17.19% | 16.7% | - |
| EBITDA | -44.87M | -48.08M | -49.87M | -38.03M | -30.78M | -41.17M | -26.44M | -21.91M | -18.21M | -11.94M |
| EBITDA Margin % | -3090.54% | -4166.16% | -9687.74% | -18999.75% | -9402.34% | -5440.66% | -3105.78% | -4621.1% | -2371.61% | -395.49% |
| EBITDA Growth % | -67.69% | -7.14% | -3.74% | 23.76% | 19.06% | -33.78% | 35.79% | 17.12% | 16.88% | 36.53% |
| D&A (Non-Cash Add-back) | 957.84K | 1.31M | 1.05M | 781.23K | 1.12M | 258.25K | 246.16K | 187.21K | 196K | 159K |
| EBIT | -45.83M | -49.39M | -50.93M | -38.81M | -31.9M | -37.42M | -25.89M | -21.74M | -17.03M | -11.75M |
| Net Interest Income | 13.33K | 11.68K | 89.29K | 416.27K | 71.21K | 5.49K | 411.06K | 809.23K | 0 | -156K |
| Interest Income | 13.33K | 11.68K | 89.29K | 416.27K | 71.21K | 5.49K | 411.06K | 809.23K | 0 | -127K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29K |
| Other Income/Expense | 13.33K | 10.95K | 89.29K | 408.81K | 67.08K | 5.49K | 411.06K | 2.73M | 12K | -301K |
| Pretax Income | -45.82M▲ 0% | -49.38M▼ 7.8% | -50.84M▼ 3.0% | -38.4M▲ 24.5% | -31.83M▲ 17.1% | -41.43M▼ 30.1% | -26.28M▲ 36.6% | -19.37M▲ 26.3% | -18.4M▲ 5.0% | -12.4M▲ 0% |
| Pretax Margin % | -3155.6% | -4278.73% | -9875.26% | -19185.83% | -9724.17% | -5474.06% | -3086.41% | -4084.23% | -2395.57% | -410.74% |
| Income Tax | 0 | 0 | 89.29K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | -0.18% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -45.82M▲ 0% | -49.38M▼ 7.8% | -50.84M▼ 3.0% | -38.4M▲ 24.5% | -31.83M▲ 17.1% | -41.43M▼ 30.1% | -26.28M▲ 36.6% | -19.37M▲ 26.3% | -18.4M▲ 5.0% | -12.4M▲ 0% |
| Net Margin % | -3155.6% | -4278.73% | -9875.26% | -19185.83% | -9724.17% | -5474.06% | -3086.41% | -4084.23% | -2395.57% | -410.74% |
| Net Income Growth % | -66.24% | -7.77% | -2.96% | 24.47% | 17.1% | -30.14% | 36.58% | 26.29% | 5% | 34.32% |
| Net Income (Continuing) | -45.82M | -49.38M | -50.84M | -38.4M | -31.83M | -41.43M | -26.28M | -19.37M | -18.4M | -12.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1560.00▲ 0% | -1386.00▲ 11.2% | -1196.88▲ 13.6% | -761.40▲ 36.4% | -458.70▲ 39.8% | -382.80▲ 16.5% | -203.40▲ 46.9% | -124.50▲ 38.8% | -77.10▲ 38.1% | -7.70▲ 0% |
| EPS Growth % | -25.6% | 11.15% | 13.64% | 36.38% | 39.76% | 16.55% | 46.87% | 38.79% | 38.07% | 82.58% |
| EPS (Basic) | -1560.00 | -1386.00 | -1196.88 | -761.40 | -458.70 | -382.80 | -203.40 | -124.50 | -77.10 | - |
| Diluted Shares Outstanding | 29.39K | 35.54K | 42.44K | 50.39K | 69.33K | 108.1K | 129.01K | 155.3K | 238.21K | 1.61M |
| Basic Shares Outstanding | 29.39K | 35.54K | 42.44K | 50.39K | 69.33K | 108.1K | 129.01K | 155.3K | 238.21K | 1.61M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Energous Corporation (WATT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 32.86M | 13.9M | 20.79M | 22.2M | 51.44M | 50.23M | 27.36M | 15.01M | 2.91M | 16.58M |
| Cash & Short-Term Investments | 31.26M | 12.8M | 20.11M | 21.68M | 50.73M | 49.07M | 26.29M | 13.88M | 1.35M | 12.9M |
| Cash Only | 31.26M | 12.8M | 20.11M | 21.68M | 50.73M | 49.07M | 26.29M | 13.88M | 1.35M | 12.9M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 149.5K | 0 | 44.55K | 63.14K | 75.85K | 283.6K | 143.35K | 102K | 78K | 1.24M |
| Days Sales Outstanding | 37.58 | - | 31.59 | 115.16 | 84.57 | 136.78 | 61.46 | 78.51 | 37.07 | 72.41 |
| Inventory | 80.78K | 0 | 56.67K | 0 | 0 | 0 | 105.82K | 430K | 498K | 1.24M |
| Days Inventory Outstanding | - | - | - | - | - | - | 30.23 | 562.38 | 240.44 | 145.11 |
| Other Current Assets | 1.37M | 1.03M | 581.04K | 450.23K | 636.7K | 874.89K | 827.55K | 243K | 983K | 1.2M |
| Total Non-Current Assets | 2.4M | 1.5M | 1.22M | 2.69M | 1.7M | 1.14M | 2.39M | 1.67M | 883K | 1.26M |
| Property, Plant & Equipment | 2.21M | 1.41M | 1.22M | 2.68M | 1.7M | 1.13M | 2.39M | 1.67M | 883K | 1.26M |
| Fixed Asset Turnover | 0.66x | 0.82x | 0.42x | 0.07x | 0.19x | 0.67x | 0.36x | 0.28x | 0.87x | 2.41x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 185.96K | 89.18K | 2.41K | 2.41K | 1.61K | 11.99K | 0 | -1 | 0 | 0 |
| Total Assets | 35.26M▲ 0% | 15.41M▼ 56.3% | 22.01M▲ 42.9% | 24.88M▲ 13.1% | 53.14M▲ 113.6% | 51.37M▼ 3.3% | 29.75M▼ 42.1% | 16.68M▼ 44.0% | 3.79M▼ 77.2% | 17.84M▲ 0% |
| Asset Turnover | 0.04x | 0.07x | 0.02x | 0.01x | 0.01x | 0.01x | 0.03x | 0.03x | 0.20x | 0.25x |
| Asset Growth % | 7.91% | -56.31% | 42.87% | 13.06% | 113.55% | -3.33% | -42.08% | -43.95% | -77.24% | 348.28% |
| Total Current Liabilities | 6.71M | 3.65M | 3.64M | 4.47M | 3.51M | 4.35M | 3.84M | 4.62M | 4.87M | 3.4M |
| Accounts Payable | 4.71M | 2.02M | 1.86M | 1.67M | 1.1M | 1.21M | 900.76K | 1.88M | 1.85M | 1.28M |
| Days Payables Outstanding | - | - | - | - | 3.16K | - | 257.35 | 2.46K | 894.15 | 245.16 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 818K | 594K |
| Deferred Revenue (Current) | 131.96K | 0 | 0 | 12K | 12K | 13.36K | 29.73K | 0 | 13K | 50K |
| Other Current Liabilities | 870.09K | 0 | 0 | 965.1K | 330.14K | 1.28M | 1.72M | 647K | 781K | 1.51M |
| Current Ratio | 4.90x | 3.81x | 5.71x | 4.97x | 14.65x | 11.56x | 7.12x | 3.25x | 0.60x | 0.60x |
| Quick Ratio | 4.89x | 3.81x | 5.70x | 4.97x | 14.65x | 11.56x | 7.09x | 3.15x | 0.50x | 0.50x |
| Cash Conversion Cycle | - | - | - | - | - | - | -165.65 | -1.82K | -616.65 | -27.64 |
| Total Non-Current Liabilities | 4.84M | 2.02M | 1.86M | 1.4M | 576.76K | 40.41K | 1.26M | 557K | 0 | 715K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 1.4M | 576.76K | 40.41K | 1.26M | 557K | 0 | 2.51M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 |
| Total Liabilities | 6.71M | 3.65M | 3.64M | 5.87M | 4.09M | 4.39M | 5.11M | 5.18M | 4.87M | 4.11M |
| Total Debt | 0 | 0 | 0 | 2.12M | 1.4M | 668.72K | 1.97M | 1.26M | 1.49M | 1.31M |
| Net Debt | -31.26M | -12.8M | -20.11M | -19.56M | -49.33M | -48.4M | -24.32M | -12.61M | 133K | -11.59M |
| Debt / Equity | - | - | - | 0.11x | 0.03x | 0.01x | 0.08x | 0.11x | - | 0.10x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.11x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 0.97x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -405.21x |
| Total Equity | 28.55M▲ 0% | 11.76M▼ 58.8% | 18.37M▲ 56.2% | 19.01M▲ 3.5% | 49.05M▲ 158.0% | 46.98M▼ 4.2% | 24.65M▼ 47.5% | 11.5M▼ 53.3% | -1.08M▼ 109.4% | 13.73M▲ 0% |
| Equity Growth % | -2.47% | -58.82% | 56.23% | 3.5% | 158% | -4.22% | -47.55% | -53.35% | -109.37% | 3177.69% |
| Book Value per Share | 971.61 | 330.90 | 432.91 | 377.33 | 707.52 | 434.63 | 191.03 | 74.04 | -4.52 | 8.52 |
| Total Shareholders' Equity | 28.55M | 11.76M | 18.37M | 19.01M | 49.05M | 46.98M | 24.65M | 11.5M | -1.08M | 13.73M |
| Common Stock | 202 | 225 | 265 | 333 | 614 | 767 | 789 | 1K | 1K | 1K |
| Retained Earnings | -124.52M | -173.9M | -224.74M | -263.14M | -294.97M | -336.4M | -362.68M | -382.04M | -400.44M | -408.71M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Energous Corporation (WATT) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -33.06M | -34.43M | -32.53M | -26.62M | -24.79M | -28.72M | -23.64M | -19.25M | -17.57M | -17.57M |
| Operating CF Margin % | -2277.11% | -2983.54% | -6318.1% | -13301.06% | -7573.41% | -3795.01% | -2776.48% | -4059.39% | -2288.15% | - |
| Operating CF Growth % | -65.26% | -4.14% | 5.53% | 18.16% | 6.87% | -15.85% | 17.7% | 18.56% | 8.71% | 116.7% |
| Net Income | -45.82M | -49.38M | -50.84M | -38.4M | -31.83M | -41.43M | -26.28M | -19.37M | -18.4M | -12.4M |
| Depreciation & Amortization | 957.84K | 1.31M | 1.05M | 1.57M | 1.12M | 258.25K | 246.16K | 187K | 196K | 159K |
| Stock-Based Compensation | 9.51M | 15.8M | 16.75M | 10.65M | 7.9M | 11.93M | 2.92M | 1.68M | 799K | 248K |
| Deferred Taxes | 0 | 726 | 0 | -743.88K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 80.78K | 80.78K | 80.78K | 786.34K | 25.51K | 685.16K | 771.19K | -1.77M | 146K | 485K |
| Working Capital Changes | 2.21M | -2.25M | 423.84K | -478.67K | -2M | -167.69K | -1.3M | 22K | -316K | -1.19M |
| Change in Receivables | -149.5K | 149.5K | -44.55K | -53.59K | -34.08K | -218.6K | 99.51K | 54K | 24K | -1.09M |
| Change in Inventory | -156.9K | 417.8K | 601.59K | -247.21K | 0 | 0 | -105.82K | -491K | -68K | -500K |
| Change in Payables | 2.38M | -2.68M | -163.31K | -189.87K | -574.68K | 109.12K | -305.19K | 979K | -27K | -258K |
| Cash from Investing | -1.14M | -814.65K | -859.82K | -196.2K | -136.63K | -365.74K | -164.99K | -187K | -123K | -43K |
| Capital Expenditures | -1.14M | -817.45K | -859.82K | -196.2K | -136.63K | -365.74K | -164.99K | -187K | -123K | -43K |
| CapEx % of Revenue | 78.34% | 70.84% | 167.01% | 98.03% | 41.74% | 48.33% | 19.38% | 39.44% | 16.02% | - |
| Acquisitions | 0 | 2.8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 2.8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 35.59M | 16.78M | 40.7M | 28.39M | 53.97M | 27.43M | 1.02M | 7.08M | 5.11M | 24.18M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 532K | -341K |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 744.79K | 1000K | 1000K | 2.25M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -312.68K | 0 | 0 | -339.37K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 1.11M | 1.85M | 1.85M | 857.47K | 417.55K | 384.13K | 272.83K | 73K | -342K | 2.57M |
| Net Change in Cash | 1.39M▲ 0% | -18.46M▼ 1432.1% | 7.31M▲ 139.6% | 1.58M▼ 78.4% | 29.05M▲ 1741.1% | -1.66M▼ 105.7% | -22.78M▼ 1274.0% | -12.35M▲ 45.8% | -12.58M▼ 1.9% | 11.45M▲ 0% |
| Free Cash Flow | -34.2M▲ 0% | -35.25M▼ 3.1% | -33.39M▲ 5.3% | -26.82M▲ 19.7% | -24.93M▲ 7.0% | -29.09M▼ 16.7% | -23.8M▲ 18.2% | -19.44M▲ 18.3% | -17.7M▲ 9.0% | -12.74M▲ 0% |
| FCF Margin % | -2355.45% | -3054.37% | -6485.11% | -13399.09% | -7615.14% | -3843.34% | -2795.86% | -4098.83% | -2304.17% | -422.03% |
| FCF Growth % | -62.56% | -3.06% | 5.28% | 19.68% | 7.04% | -16.68% | 18.17% | 18.34% | 8.95% | 30.91% |
| FCF per Share | -1163.83 | -991.89 | -786.78 | -532.22 | -359.56 | -269.06 | -184.49 | -125.15 | -74.29 | -74.29 |
| FCF Conversion (FCF/Net Income) | 0.72x | 0.70x | 0.64x | 0.69x | 0.78x | 0.69x | 0.90x | 0.99x | 0.96x | 1.03x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 140K | 267K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Energous Corporation (WATT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -158.47% | -244.99% | -337.48% | -205.43% | -93.53% | -86.27% | -73.36% | -107.17% | -353.09% | -160.37% |
| Return on Invested Capital (ROIC) | - | - | - | - | - | - | - | - | - | -786.58% |
| Gross Margin | 100% | 100% | 100% | 100% | 61.34% | 100% | -50.07% | 41.14% | 1.56% | 36.12% |
| Net Margin | -3155.6% | -4278.73% | -9875.26% | -19185.83% | -9724.17% | -5474.06% | -3086.41% | -4084.23% | -2395.57% | -410.74% |
| Debt / Equity | - | - | - | 0.11x | 0.03x | 0.01x | 0.08x | 0.11x | - | 0.10x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -405.21x |
| FCF Conversion | 0.72x | 0.70x | 0.64x | 0.69x | 0.78x | 0.69x | 0.90x | 0.99x | 0.96x | 1.03x |
| Revenue Growth | -41.92% | -20.52% | -55.39% | -61.12% | 63.56% | 131.19% | 12.49% | -44.3% | 61.96% | 600.23% |
Energous Corporation (WATT) stock FAQ — growth, dividends, profitability & financials explained
Energous Corporation (WATT) reported $3.0M in revenue for fiscal year 2024.
Energous Corporation (WATT) grew revenue by 62.0% over the past year. This is strong growth.
Energous Corporation (WATT) reported a net loss of $12.4M for fiscal year 2024.
Energous Corporation (WATT) has a return on equity (ROE) of -353.1%. Negative ROE indicates the company is unprofitable.
Energous Corporation (WATT) had negative free cash flow of $12.7M in fiscal year 2024, likely due to heavy capital investments.
Energous Corporation (WATT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates