OPTT
Ocean Power Technologies Inc
NYSE MKT: OPTT · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$0.36
+4.12% today
Updated 2026-04-30
Market cap
$84.03M
P/E ratio
—
P/S ratio
24.46x
EPS (TTM)
$-0.20
Dividend yield
—
52W range
$0 – $1
Volume
5.5M
Ocean Power Technologies Inc (OPTT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.75M | $2.53M | $4.77M | $4.05M | $5.10M | $6.69M | $5.74M | $3.62M | $1.50M | $4.11M | $704820.00 | $843000.00 | $511000.00 | $632000.00 | $1.68M | $1.21M | $1.76M | $2.73M | $5.53M | $5.86M |
| Revenue growth (YoY) | — | +44.8% | +88.5% | -15.1% | +26.0% | +31.2% | -14.2% | -37.0% | -58.5% | +173.9% | -82.8% | +19.6% | -39.4% | +23.7% | +166.1% | -28.3% | +45.9% | +55.3% | +102.2% | +6.1% |
| Cost of revenue | $2.06M | $3.98M | $7.96M | $4.84M | $4.30M | $6.26M | $5.68M | $3.48M | $1.51M | $4.67M | $667869.00 | $938000.00 | $763000.00 | $1.30M | $1.79M | $2.28M | $1.86M | $2.50M | $2.70M | $4.20M |
| Gross profit | $-311603.00 | $-1.45M | $-3.19M | $-790958.00 | $802356.00 | $435645.00 | $54775.00 | $135308.00 | $-11444.00 | $-565979.00 | $36951.00 | $-95000.00 | $-252000.00 | $-671000.00 | $-105000.00 | $-1.07M | $-101000.00 | $236000.00 | $2.83M | $1.66M |
| Gross margin | -17.8% | -57.4% | -66.8% | -19.5% | 15.7% | 6.5% | 1.0% | 3.7% | -0.8% | -13.8% | 5.2% | -11.3% | -49.3% | -106.2% | -6.2% | -89.0% | -5.7% | 8.6% | 51.1% | 28.3% |
| R&D | $4.22M | $6.22M | $8.26M | $8.37M | $13.00M | $13.32M | $8.34M | $7.33M | $4.56M | $4.15M | $7.05M | $5.03M | $4.32M | $4.98M | $4.34M | $4.75M | $9.61M | — | — | — |
| SG&A | $7.42M | $11.11M | $7.73M | $9.53M | $9.06M | $8.40M | $8.27M | $9.13M | $9.36M | $9.57M | $6.75M | $6.56M | $6.99M | $7.62M | $6.92M | $7.77M | $11.91M | $29.45M | — | — |
| Operating income | $-7.73M | $-12.57M | $-19.18M | $-18.69M | $-21.26M | $-21.28M | $-16.56M | $-16.32M | $-13.15M | $-14.29M | $-14.86M | $-11.69M | $-11.56M | $-13.27M | $-11.37M | $-13.59M | $-21.61M | $-29.22M | $-29.33M | $-21.69M |
| Operating margin | -442.1% | -496.4% | -401.8% | -461.6% | -416.8% | -318.1% | -288.5% | -451.3% | -877.3% | -348.0% | -2108.1% | -1386.4% | -2262.2% | -2099.8% | -675.7% | -1127.0% | -1228.7% | -1069.4% | -530.9% | -370.0% |
| EBITDA | $-7.49M | $-12.57M | $-19.18M | $-18.39M | $-21.26M | $-20.92M | $-16.12M | $-15.82M | $-12.52M | $-13.32M | $-13.65M | $-11.55M | $-11.44M | $-13.09M | $-11.01M | $-13.22M | $-21.10M | $-27.47M | $-28.24M | $-20.79M |
| EBITDA margin | -428.8% | -496.4% | -401.8% | -454.2% | -416.8% | -312.7% | -280.9% | -437.4% | -835.0% | -324.5% | -1936.5% | -1369.8% | -2238.4% | -2071.4% | -654.6% | -1096.2% | -1199.4% | -1005.4% | -511.2% | -354.7% |
| EBIT | $-7.73M | $-12.83M | $-19.42M | $-18.69M | $-21.63M | $-21.28M | $-16.56M | $-16.32M | $-12.94M | $-14.29M | $-13.76M | $-11.69M | $-11.56M | $-13.27M | $-11.37M | $-13.59M | $-21.61M | $-28.10M | $-29.40M | $-22.55M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $31634.00 | $7542.00 | $0.00 | $0.00 | $315000.00 | $112000.00 | $0.00 | $124000.00 | $2.61M | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-7.08M | $-9.64M | $-14.66M | $-18.32M | $-19.17M | $-20.44M | $-15.14M | $-14.68M | $-10.97M | $-13.11M | $-13.13M | $-9.49M | $-10.16M | $-12.25M | $-10.35M | $-15.85M | $-18.87M | $-26.33M | $-27.48M | $-21.51M |
| Net income growth (YoY) | — | -36.2% | -52.1% | -25.0% | -4.7% | -6.6% | +25.9% | +3.0% | +25.3% | -19.6% | -0.1% | +27.7% | -7.1% | -20.6% | +15.5% | -53.1% | -19.1% | -39.5% | -4.4% | +21.7% |
| Profit margin | -405.0% | -380.8% | -307.1% | -452.3% | -375.8% | -305.4% | -263.8% | -406.0% | -731.8% | -319.4% | -1862.7% | -1125.3% | -1987.7% | -1937.7% | -615.5% | -1313.8% | -1073.0% | -963.6% | -497.4% | -367.0% |