Energous Corporation · NASDAQ:WATT
Energous — Q3 2026 Earnings Presentation
22 slides from Energous's earnings presentation, Nov 12, 2026
Slide 1: Battery-Free IoT Infrastructure
Energous Corporation Battery-Free IoT Infrastructure Battery-Free IoT Infrastructure The Only Wireless Power Network Enabling Battery-Free, Real-Time IoT at Enterprise Scale 4,700+ 69,000+ 300+ Zero Active Locations PowerBridges Shipped Patents Product Returns November 2026
Slide 2: Forward Looking Statements
Forward Looking Statements Forward Looking Statements This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe
Slide 3: Enabling Ambient IoT at Enterprise Scale
Enabling Ambient IoT at Enterprise Scale Enabling Ambient IoT at Enterprise Scale What is Ambient IoT? The Challenge Today The Energous Solution Ambient IoT connects everyday assets and Current solutions fall short: environments to the cloud through low- power/battery-free sensors. These sensors gen
Slide 4: Positioned Across Multiple Large IoT Markets with Active Deployments
Positioned Across Multiple Large IoT Markets with Active Deployments Positioned Across Multiple Large IoT Markets with Active Deployments Multiple entry points across Bluetooth, IoT sensors, RFID, and Ambient IoT markets Bluetooth/BLE Ecosystem IoT Sensors Market 8B devices by 2029 $101.6B by 2032 5
Slide 5: Energous Solution: Transforming the Physical Layer into a Digital Twin
Energous Solution: Transforming the Physical Layer into a Digital Twin Energous Solution: Transforming the Physical Layer into a Digital Twin Powering the infrastructure layer that makes battery-free IoT viable at enterprise scale. User Data Management Management Energy Pre-Processed Enriched Sensor
Slide 6: Energous End-to-End Solution: Recurring Revenue Model
Energous End-to-End Solution: Recurring Revenue Model Energous End-to-End Solution: Recurring Revenue Model End-to-End Solution Drives Recurring Revenue Stream • Revenue generated through bundled sales of PowerBridge PRO+ transmitters, e-Sense tags, and e-Compass software Subscription-Based Model •
Slide 7: Energous End-to-End Solution in Action
Energous End-to-End Solution in Action Energous End-to-End Solution in Action • High accuracy zone-based asset tracking • Validation from origin to last mile • Real-time monitoring • Network device management • Temperature and location monitoring • Real-time events for 3rd party integration Copyrigh
Slide 8: Enterprises Need Real-Time Visibility — Without the Battery Burden
Enterprises Need Real-Time Visibility — Without the Battery Burden Enterprises Need Real-Time Visibility — Without the Battery Burden Enterprises already invest in item-level tracking, but battery-powered IoT creates cost, maintenance, and reliability challenges. Energous eliminates battery dependen
Slide 9: The Future of Supply Chain
The Future of Supply Chain The Future of Supply Chain Ambient IoT transforms supply chains from tracking to always-on intelligence From Event-Based Tracking to Continuous Labor Efficiency & Automation Intelligence Ambient IoT real-time data powers AI software models By automating data collection and
Slide 10: Ambient IoT is Scaling — And Energous Powers It
Ambient IoT is Scaling — And Energous Powers It Ambient IoT is Scaling — And Energous Powers It Converging market demand, regulatory momentum, and enterprise adoption positions Energous as the leader of the growing ambient IoT market. Market Acceleration Regulatory Leadership Real-Time Data Powers A
Slide 11: PowerBridge: Enterprise Wireless Power Infrastructure
PowerBridge: Enterprise Wireless Power Infrastructure PowerBridge: Enterprise Wireless Power Infrastructure Technical Specifications PowerBridge PRO+ (NEW) PowerBridge PRO High-power Transmitter with Gateway High-power Transmitter ✓ FCC 2W over-the-air certification (Industry First) • 8W EIRP / 2W c
Slide 12: Why Energous Wins: We’ve Pioneered the Infrastructure
Why Energous Wins: We’ve Pioneered the Infrastructure Why Energous Wins: We’ve Pioneered the Infrastructure Energous delivers the wireless power infrastructure that makes enterprise-scale deployment reliable and manageable. Legacy RFID Battery-Powered IoT Ambient Harvesting Energous Power Source Pas
Slide 13: Strategic Partner Ecosystem
Strategic Partner Ecosystem Strategic Partner Ecosystem Strategic partnerships accelerating enterprise adoption and commercial scale • AWS ISV Accelerate partner Cloud & Platform • AWS Partner Page: 100+ posted customer launches as of Nov 2, 2026* Amazon Web Services • Active co-selling with AWS acc
Slide 14: Enterprise Sales Cycle 6-9 months
Enterprise Sales Cycle From Evaluation to Deployment Management-reported enterprise sales cycles in August 2026, compared 6-9 months* with 18-24 months two years earlier. 1 - 2 months 3 months 1 - 4 months 1 2 3 4 Demo Technology & Proof-of-Concept Evaluation and Commercial Define Use Case and Deplo
Slide 15: Active Commercial Programs and PoC Pipeline
Active Commercial Programs and PoC Pipeline Selected enterprise programs and potential expansion opportunities Program Reported status Expansion or Next Steps COMMERCIAL DEPLOYMENTS Approximately 100 U.S. super stores scoped for 2027. 4,700+ retail locations deployed. Approximately Fortune 10 Retail
Slide 16: Enterprise deployments at scale - driving revenue growth
Enterprise deployments at scale - driving revenue growth and improved operational efficiency. Enterprise deployments at scale - driving revenue growth and improved operational efficiency. Estimated quarterly revenue breakeven: ~$5M–$7.5M Revenue ($M) 10 8 6 4 2 0 2021 2022 2023 2024 2025 2026 YTD 20
Slide 17: 2026 Financial Highlights (through September 30, 2026)
2026 Financial Highlights (through September 30, 2026) 2026 Financial Highlights (through September 30, 2026) YTD September 30th • $3.4M Q3 2026 revenue, marking another consecutive quarter of growth $9.6M Revenue, up 270% YOY • 2026 YTD revenue through September 30 exceeded full- year 2025 revenue
Slide 18: Operational Efficiency
Operational Efficiency Financial Trajectory Deployment Scale Metrics Revenue Gross Profit Expansion FY 2024: $0.8M FY 2025: $5.6M Q3 2024 YTD: $(0.2)M Q3 2025 YTD: $0.9M 4,700+ Active Locations Q3 2026 YTD: $9.6M Q3 2026 YTD: $1.7M Target: Product sales + recurring revenue from end-to-end solution T
Slide 19: Why Now? Five Converging Tailwinds
Why Now? Five Converging Tailwinds Why Now? Five Converging Tailwinds Market infrastructure, regulatory momentum, and AI demand converge at this inflection point 1. Strategic Pivot Complete 2. Regulatory Push Accelerating Evolved from an OEM-dependent consumer product model to enterprise UK/EU/FCC 2
Slide 20: Clear Path to Scale
Clear Path to Scale Deployments expanding, ecosystem accelerating, profitability approaching Clear Path to Scale Deployments expanding, ecosystem accelerating, profitability approaching 1 Current Deployments and POCs 2 AWS Partnership Scales • Fortune 10 customers: Commercial deployments underway, w
Slide 21: Energous Q3 2026 YTD: Commercial Momentum at Scale
Energous Q3 2026 YTD: Commercial Momentum at Scale Revenue Gross Profit GAAP Net Loss Cash Position $9.6M $1.7M $(7.1)M $28.8M 270% increase from 88% improvement from 14% improvement from As of September 30, 2026 Q3 2025 YTD Q3 2025 YTD Q3 2025 YTD Commercial Scale-Up Operational Efficiency vs Q3 20
Slide 22: Thank You
Thank You Thank You Energous Corporation Investor Relations ir.energous.com NASDAQ: WATT Copyright 2026 Energous Corporation. Energous®, the Energous logo, and WattUp® are trademarks of Energous Corporation. All other trademarks are property of their respective owners.