Ocean Power Technologies, Inc. (OPTT)
Ocean Power Technologies, Inc. brought in $4.3M of revenue over the twelve months to July 31, 2026, down 25.8% from a year earlier. It posted a net loss of $52.1M. In fiscal 2026 capital spending exceeded operating cash flow by $24.8M. At July 31, 2026 it held $7.4M in cash against $9.9M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on September 14, 2026.
Key facts about Ocean Power Technologies, Inc.
- Net worth
- Ocean Power Technologies, Inc. has a market value (market cap) of $113.4M at the latest share price, and shareholders' equity of $8.5M on its balance sheet at July 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $3.7M (-36.2% year on year), with a net loss of $48.9M. Over the 12 months to July 31, 2026: revenue $4.3M, net loss $52.1M.
- Cash flow
- In fiscal 2026 operations used $20.8M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on September 14, 2026 and covers the period to July 31, 2026. Open on SEC EDGAR
- Next earnings report
- Ocean Power Technologies, Inc.'s next report is expected around November 19, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Ocean Power Technologies, Inc. does
Ocean Power Technologies, Inc. is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker OPTT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $3.7M | -$48.9M | -$0.25 | -$24.8M |
| 2025 | $5.9M | -$24.5M | -$0.19 | -$19.1M |
| 2024 | $5.5M | -$27.5M | -$0.53 | -$32.3M |
| 2023 | $2.7M | -$26.3M | -$0.53 | -$22.4M |
| 2022 | $1.8M | -$18.9M | -$0.39 | -$21.4M |
| 2021 | $1.2M | -$14.8M | -$0.55 | -$11.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where OPTT ranks in Utilities
Latest SEC filings
What Ocean Power Technologies, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 2, 2026Preliminary proxy statement PRE 14A
- September 25, 2026
- September 25, 2026Material agreement8-KOcean Power Technologies exchanged its Series C-1 convertible notes for new Series D notes and reduced warrant exercise prices.
- September 17, 2026
- September 14, 2026Quarterly report 10-Q · period to July 31, 2026Revenue rose 44% to $1.7M versus the same quarter last year; diluted EPS -$1.28 versus -$1.28.
- September 11, 2026
- September 8, 2026IPO registration S-1
- August 25, 2026IPO registration S-1
- August 24, 2026
- August 20, 2026
Insider trades
What the people running Ocean Power Technologies, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 30, 2026 | Pagliara Tracy DInterim President and CEO, Director | Received as pay | 75,000 | - |
| March 5, 2026 | Powers Robert PatrickSenior VP and CFO | Shares withheld for tax | 437,550 | $189.9K |
| March 5, 2026 | Pagliara Tracy DSenior VP and General Counsel | Shares withheld for tax | 322,897 | $140.1K |
| March 5, 2026 | Stratmann PhilippPresident and CEO, Director | Shares withheld for tax | 901,096 | $391.1K |
| January 30, 2026 | Powers Robert PatrickCFO | Received as pay | 54,013 | - |
| January 30, 2026 | Powers Robert PatrickCFO | Received as pay | 54,032 | - |
| January 30, 2026 | Powers Robert PatrickCFO | Received as pay | 173,920 | - |
| January 30, 2026 | Pagliara Tracy DSenior VP and General Counsel | Received as pay | 201,442 | - |
Who owns OPTT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 81 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Vanguard Capital Management LLC | 8,919,165 | +340,643 |
| UBS Group AG | 6,869,388 | +2,887,946 |
| BlackRock, Inc. | 3,329,108 | -1 |
| Polar Asset Management Partners Inc. | 3,043,227 | new |
| Geode Capital Management, LLC | 2,198,484 | +43,075 |
| Vanguard Fiduciary Trust Co | 1,387,399 | +353,192 |
| Spinnaker Investment Group, LLC | 1,041,240 | 0 |
| State Street Corp | 982,684 | +172,400 |
| Northern Trust Corp | 519,151 | +169,793 |
| Royal Bank of Canada | 518,050 | -187,500 |
| Hamilton Capital Partners, LLC | 500,195 | new |
| HighTower Advisors, LLC | 350,100 | new |
| Susquehanna International Group, Llp | 256,667 | -104,748 |
| Essex Investment Management Co LLC | 204,864 | -329 |
| D'Orazio & Associates, Inc. | 197,503 | -207,174 |
| OneDigital Investment Advisors LLC | 159,532 | -22,737 |
| Pinnacle Financial Partners, Inc. | 130,500 | +30,000 |
| Simplex Trading, LLC | 129,786 | -22,529 |
| IMC-Chicago, LLC | 103,241 | +68,900 |
| Group One Trading LLC | 99,787 | -40,844 |
Insiders
9 insiders reported holding 9,207,667 shares in total, about $3.9M at the last price.
| Holder | Shares |
|---|---|
| Cryan Terence JamesDirector | 2,333,368 |
| Stratmann PhilippPresident and CEO, Director | 1,932,356 |
| Purcel Diana GDirector | 1,327,554 |
| Hewlett Clyde WDirector | 1,133,075 |
| Slaiby Peter E.Director | 1,052,014 |
| Powers Robert PatrickSenior VP and CFO | 1,037,129 |
| Thompson Jim RaymondDirector | 151,189 |
| Montesi Corliss J.Director | 151,189 |
| Pagliara Tracy DInterim President and CEO, Director | 89,793 |
Questions about OPTT
What does Ocean Power Technologies, Inc. do?
Ocean Power Technologies, Inc. is a company in the Utilities sector, listed on NYSE as OPTT. Its shares trade on NYSE under the ticker OPTT.
What is Ocean Power Technologies, Inc.'s net worth?
Ocean Power Technologies, Inc. has a market value (market cap) of $113.4M at the latest share price, and shareholders' equity of $8.5M on its balance sheet at July 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Ocean Power Technologies, Inc. profitable?
No. Over the twelve months to July 31, 2026 it reported a net loss of $52.1M on revenue of $4.3M.
How much revenue does Ocean Power Technologies, Inc. make?
Over the twelve months to July 31, 2026 Ocean Power Technologies, Inc. reported revenue of $4.3M. That is 25.8% less than a year earlier.
When did Ocean Power Technologies, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on September 14, 2026. It covers the period to July 31, 2026. Its newest filing of any kind is the preliminary proxy statement from October 2, 2026.
When is Ocean Power Technologies, Inc.'s next earnings report?
Ocean Power Technologies, Inc.'s next report is expected around November 19, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Ocean Power Technologies, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.