# Energous Expects Q4 Growth Acceleration, Mid-30% Hardware Margins in H1 2027

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/56920
Published: 2026-11-13T17:32:50.000Z
Updated: 2026-11-13T17:32:50.000Z
Section: Business

> Energous posted $3.4 million in third-quarter 2026 revenue, up about 10% sequentially, and expects active paying customers in deployment to double to four during 2027.

Energous Corporation expects revenue growth to accelerate in the fourth quarter of 2026 and hardware gross margins to return to the mid-30% range in the first half of 2027, outlining near-term operating targets.

Revenue in the third quarter of 2026 was $3.4 million, up about 10% from $3.1 million in the second quarter. Energous expects sequential revenue growth to continue and accelerate in the fourth quarter of 2026.

The company also expects gross margins to improve quarter over quarter. Its hardware gross margin target is the mid-30% range in the first half of 2027, with a longer-term goal of 40% or higher.

Energous expects its active paying customers in deployment to increase from two to four during 2027. It also has $28.8 million in cash and cash equivalents at quarter-end, had not used its at-the-market equity program since the first quarter and expressed confidence it can execute without additional equity financing.

The company expects its first conversion from its end-to-end proof-of-concept pipeline to deployment in the first quarter of 2027.