Ocean Power Technologies, Inc.

Ocean Power Technologies, Inc.

OPTTยทAMEX

$0.40

-4.5%
IndustrialsElectrical Equipment & Parts

Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

At a Glance

Live Snapshot
Market Cap$71.45M
EPS-0.1700
P/E Ratio-2.32
Earnings Date07/15/2026
3Y+233.0%
5Y+248.0%
10Y+732.0%
3Y+14.0%
5Y+108.0%
10Y+64.0%
3Y-12.0%
5Y+76.0%
10Y+70.0%
Ocean Power Technologies, Inc.

Ocean Power Technologies, Inc. Profit Bridge

OPTT ยท AMEX
Revenue5.86M
Cost of Goods Sold (4.20M)
Gross Profit1.66M
Operating Expenses (23.35M)
Operating Income-21.69M
Interest Expense (0.00)
Other Income/Expense-859.00K
Pretax Income-22.55M
Income Tax (-1.03M)
Net Income-21.51M
Net Income
-21.51M

Profitability Analysis

Gross Margin

28.3%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

-370.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-367.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Ocean Power Technologies, Inc. Income Statement

OPTT โ€ข AMEX

Ocean Power Technologies, Inc. Income StatementApr 2025Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010Apr 2009Apr 2008Apr 2007Apr 2006
REVENUE
5.9M
5.5M
2.7M
1.8M
1.2M
1.7M
632K
511K
843K
704.8K
4.1M
1.5M
3.6M
5.7M
6.7M
5.1M
4M
4.8M
2.5M
1.7M
GROSS PROFIT
(4.2M)
(2.7M)
(2.5M)
(1.9M)
(2.3M)
(1.8M)
(1.3M)
(763K)
(938K)
(667.9K)
(4.7M)
(1.5M)
(3.5M)
(5.7M)
(6.3M)
(4.3M)
(4.8M)
(8M)
(4M)
(2.1M)
1.7M
2.8M
236K
-101K
-1.1M
-105K
-671K
-252K
-95K
37K
-566K
-11.4K
135.3K
54.8K
435.6K
802.4K
-791K
-3.2M
-1.5M
-311.6K
OPERATING INCOME
(23.3M)
(32.2M)
(28.3M)
(21.5M)
(12.5M)
(11.3M)
(12.6M)
(11.3M)
(11.6M)
(13.8M)
(13.7M)
(13.9M)
(16.5M)
(16.6M)
(21.7M)
(22.1M)
(17.9M)
(16M)
(11.1M)
(7.4M)
(0.0)
(32.2M)
(28.3M)
(11.9M)
(7.8M)
(6.9M)
(7.6M)
(7M)
(6.6M)
(6.7M)
(9.6M)
(9.4M)
(9.1M)
(8.3M)
(8.4M)
(9.1M)
(9.5M)
(7.7M)
(4.9M)
(3.2M)
(0.0)
(0.0)
(0.0)
(9.6M)
(4.7M)
(4.3M)
(5M)
(4.3M)
(5M)
(7.1M)
(4.1M)
(4.6M)
(7.3M)
(8.3M)
(13.3M)
(13M)
(8.4M)
(8.3M)
(6.2M)
(4.2M)
-21.7M
-29.3M
-29.2M
-21.6M
-13.6M
-11.4M
-13.3M
-11.6M
-11.7M
-14.9M
-14.3M
-13.2M
-16.3M
-16.6M
-21.3M
-21.3M
-18.7M
-19.2M
-12.6M
-7.7M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(31.6K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
47K
800K
902K
124K
124K
124K
35K
83K
28K
8K
-31.6K
29.7K
126.4K
418.1K
689.3K
1M
1.7M
0.0
0.0
0.0
(23.3M)
-72K
(0.0)
(60K)
-83K
(0.0)
(0.0)
(4K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-859K
594K
2.6M
856K
-1.2M
118K
175K
284K
1.5M
-568.4K
-75K
213.4K
43K
313.3K
459.9K
2.1M
377.1K
4.5M
2.9M
504.4K
-22.5M
-28.7M
-26.6M
-20.7M
-14.8M
-11.2M
-13.1M
-11.3M
-10.2M
-14.8M
-14.4M
-12.9M
-16.3M
-16.2M
-20.8M
-19.1M
-18.3M
-14.7M
-9.6M
-7.2M
NET INCOME
-1M
-1.3M
-278K
-1.8M
(0.0)
-895K
-850K
-1.1M
-698K
-1.7M
-1.1M
-1.7M
-1.5M
-1.1M
-364.1K
(38.3K)
(0.0)
(0.0)
(0.0)
-144K
-21.5M
-27.5M
-26.3M
-18.9M
-15.8M
-10.4M
-12.2M
-10.2M
-9.5M
-13.1M
-13.1M
-11M
-14.7M
-15.1M
-20.4M
-19.2M
-18.3M
-14.7M
-9.6M
-7.1M

SEC Filings

OPTT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 19, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

April 01, 2026
April 01, 2026
2026
8-K

8-K 2026

N/A

March 26, 2026
March 24, 2026
2026
10-Q

10-Q 2026 Q1

Q1

March 17, 2026
January 31, 2026
2026
8-K

8-K 2026

N/A

March 13, 2026
March 11, 2026
2026
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
8-K

8-K 2026

N/A

February 24, 2026
February 23, 2026
2026
8-K

8-K 2026

N/A

January 28, 2026
January 27, 2026
2026
8-K

8-K 2026

N/A

January 09, 2026
January 08, 2026
2026
Showing 1 to 10 of 487 filings