$0.40
-4.5%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.
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
OPTT โข AMEX
| Ocean Power Technologies, Inc. Income Statement | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | Apr 2009 | Apr 2008 | Apr 2007 | Apr 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 |
OPTT - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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