Stocktoria
Ocean Power Technologies, Inc. OPTT
Ocean Power Technologies, Inc. financials (annual)
Bars are annual figures from 2017 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7M | $5.9M | $5.5M | $2.7M | $1.8M | $1.2M | $1.7M | $632,000 | $511,000 | $843,000 |
| Gross profit | -$5.9M | $1.7M | $2.8M | $236,000 | -$101,000 | -$1.1M | -$105,000 | -$671,000 | -$252,000 | -$95,000 |
| R&D expense | — | $3.6M | $7.7M | $10.0M | — | — | — | — | — | — |
| SG&A expense | — | — | — | — | — | $7.8M | $6.9M | $7.6M | $7.0M | $6.6M |
| Operating income | -$38.4M | -$21.7M | -$29.3M | -$29.2M | -$21.6M | -$13.6M | -$11.4M | -$13.3M | -$11.6M | -$11.7M |
| Interest expense | $124,000 | — | — | — | — | — | — | — | — | — |
| Income tax | — | -$1.0M | -$1.3M | -$278,000 | -$1.8M | — | -$895,000 | -$850,000 | -$1.1M | -$698,000 |
| Net income | -$48.9M | -$24.5M | -$27.5M | -$26.3M | -$18.9M | -$14.8M | -$10.4M | -$12.2M | -$10.2M | -$9.5M |
| EPS (diluted) | $-0.25 | $-0.19 | $-0.47 | $-0.47 | $-0.35 | — | — | — | — | — |
| Operating cash flow | -$20.8M | -$18.6M | -$29.8M | -$21.7M | -$21.3M | -$11.7M | -$10.6M | -$12.1M | -$10.7M | -$10.0M |
| Free cash flow | -$24.8M | -$19.1M | -$32.3M | -$22.4M | -$21.4M | -$11.7M | — | — | — | — |
| Cash & equivalents | $8.7M | $6.7M | $3.2M | $6.9M | $7.9M | $83.0M | $10.0M | $16.7M | $11.5M | $8.4M |
| Inventory | $3.2M | $4.2M | $4.8M | $1.0M | $442,000 | — | — | — | — | — |
| Total assets | $39.9M | $30.8M | $28.7M | $53.4M | $73.4M | $86.4M | $13.5M | $18.4M | $14.1M | $10.1M |
| Total liabilities | $27.4M | $4.1M | $9.4M | $9.4M | $4.6M | $5.9M | $3.0M | $2.6M | $3.9M | $4.6M |
| Shareholders' equity | $12.5M | $26.7M | $19.3M | $44.0M | $68.8M | $80.5M | $10.5M | $15.8M | $10.2M | $5.4M |
Growth · year-over-year · Revenue CAGR 18%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -36.2% | +6.1% | +102.2% | +55.3% | +45.9% | -29.1% | +169.0% | +23.7% | -39.4% | +19.6% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-04-30. Facts plus Stocktoria's own computed scores — not investment advice.