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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.

Revenue (last 12 months)
$4.3M
-25.8% year on year
Net margin
-1,222.7%

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

Revenue
FY19: $632K $632K FY19FY20: $1.7M $1.7M FY20FY21: $1.2M $1.2M FY21FY22: $1.8M $1.8M FY22FY23: $2.7M $2.7M FY23FY24: $5.5M $5.5M FY24FY25: $5.9M $5.9M FY25FY26: $3.7M $3.7M FY26
Net income
FY19: -$12.2M -$12.2M FY19FY20: -$10.4M -$10.4M FY20FY21: -$14.8M -$14.8M FY21FY22: -$18.9M -$18.9M FY22FY23: -$26.3M -$26.3M FY23FY24: -$27.5M -$27.5M FY24FY25: -$24.5M -$24.5M FY25FY26: -$48.9M -$48.9M FY26

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2026$3.7M-$38.4M-$48.9M-$0.25-$24.8M
2025$5.9M-$21.7M-$24.5M-$0.19-$19.1M
2024$5.5M-$29.3M-$27.5M-$0.53-$32.3M
2023$2.7M-$29.2M-$26.3M-$0.53-$22.4M
2022$1.8M-$21.6M-$18.9M-$0.39-$21.4M
2021$1.2M-$13.6M-$14.8M-$0.55-$11.7M

Latest SEC filings

What Ocean Power Technologies, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 25, 2026
  2. September 25, 2026
  3. September 17, 2026
  4. September 14, 2026
    Quarterly report 10-Q · period to July 31, 2026
  5. September 11, 2026
  6. September 8, 2026
  7. August 25, 2026
  8. August 24, 2026
  9. August 20, 2026
  10. August 19, 2026
    Annual report 10-K · period to April 30, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 5, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about OPTT

What does Ocean Power Technologies, Inc. do?

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.

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 iPO registration (amended) from September 25, 2026.

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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.