Abstract-In this paper, we present a measurement-based analysis of the indoor radio channel characteristics of both the specular and dense multipath components (SMC and DMC) at 94 GHz within a 3 GHz bandwidth. Based on an investigation of the frequency-stationarity of this band, we have selected multiple sub-bands to perform our evaluation. A method is developed that allowed for the estimation of the specular propagation paths, after which the remainder is regarded as the diffuse spectrum. Radio channel characteristics such as the path loss, root-meansquare delay spread and the SMC ratio have been calculated as a function of transmitter-receiver distance, and in the different sub-bands. Based on the diffuse spectrum, the behavior of the reverberation time is analyzed for the first time in the 94 GHz band.