Ocean Power Technologies, Inc.(OPTT)Earnings, Financials & Key Ratios

OPTT•AMEX

$0.25

Price updated Jul 7, 2026

SectorIndustrials IndustryElectrical Equipment Sub-IndustryGrid-Scale Storage and Microgrids

AboutOcean 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.Show more

Revenue$6M+6.1%
EBITDA-$20M+29.3%
Net Income-$22M+21.7%
EPS (Diluted)-0.17+63.8%
Gross Margin28.32%-44.6%
EBITDA Margin-340.04%+33.3%
Operating Margin-370.01%+30.3%
Net Margin-367.02%+26.2%
ROE-93.53%-7.7%

OPTT Price & Volume

Ocean Power Technologies, Inc. (OPTT) stock price & volume — 10-year historical chart

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Persistent Operational Losses Challenge Capital Structure Stability

Investment Thesis • Updated 2026Q3

VerdictNegative

Growth:Contracting

Profitability:Negative

Financial:Vulnerable

Cash Flow:Burning

Primary Risk:Liquidity and dilution risk

Key Thesis Takeaways

Ocean Power Technologies faces a precarious outlook characterized by a 37.8% year-over-year revenue contraction and a persistent inability to align its high fixed-cost structure with commercial output.
The company's reliance on external financing to cover operating losses, which reached $9.1 million in 2026Q3, raises significant concerns regarding the long-term viability of its maritime robotics strategy.
Investors should monitor the eroding equity base and the potential for further dilution as the firm struggles to convert its hardware-focused project pipeline into sustainable, positive cash flow.

Verdict Logic

the company's current ratio has compressed to 1.07 in 2026Q3, signaling a tightening liquidity buffer that leaves little room for error in its project-based business model.

OPTT Growth Metrics

Ocean Power Technologies, Inc. (OPTT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.62%

5 Years28.36%

3 Years49.36%

TTM-43.82%

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-65.1%

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM22.24%

Return on Capital

10 Years-100.39%

5 Years-56.91%

3 Years-75.67%

Last Year-88.79%

Latest OPTT News

Recent stock market news and headlines for Ocean Power Technologies, Inc. (OPTT)

Proactive Investors·Jun 27, 2026

Ocean Power Technologies CEO Philipp Stratmann on growing ocean monitoring demand - ICYMI

Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company's latest deployment with Rutgers University and how its buoy technology is helping modernize ocean sensing infrastructure while creating new opportunities across research, security and environmental monitoring applications. Ocean Power Technologies recently completed a deployment for Rutgers University, replacing a failing cable endpoint at a long-running ocean and underwater sensing laboratory with one of the company's buoy systems.

Proactive Investors - Finance·Jun 27, 2026

Ocean Power Technologies CEO Philipp Stratmann on growing ocean monitoring demand - ICYMI

Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company's latest deployment with Rutgers University and how...

Proactive Investors - Finance·Jun 24, 2026

Dow closes in the green despite renewed AI valuation concerns

4:20pm: AI trade faces fresh scrutiny US stocks finished mixed on the session, with the Dow managing a solid gain while the S&P 500 and Nasdaq edged lower...

Proactive Investors - Finance·Jun 24, 2026

Bath & Body Works’ Ulta Beauty launch may expand reach, but channel shift risks remain: Jefferies

Bath & Body Works Inc (NYSE:BBWI) is preparing to launch a curated assortment of products at Ulta Beauty stores and online in July, a move that analysts at...

Proactive Investors·Jun 24, 2026

Ocean Power Technologies deploys PowerBuoy for Rutgers, receives maritime drone order from Stevens Institute

Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has deployed and commissioned a PowerBuoy system for Rutgers University off the coast of New Jersey and received an order for a WAM-V unmanned surface vehicle from Stevens Institute of Technology. The Rutgers project, supported by the New Jersey Economic Development Authority, is fully installed and operational, according to the company.

Peers Comparison

Key metrics vs top competitors for Ocean Power Technologies, Inc. (OPTT)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
OPTTOcean Power Technologies, Inc.Current	$0.25	$49.66M	-1.50	6.08%	-367.02%	-93.53%	—
WAVEEco Wave Power Global AB (publ)	$9.07	$52.97M	-14.17	-77.26%	-1759.75%	-40.89%	—
NRGVEnergy Vault Holdings, Inc.	$3.79	$655.58M	-5.83	340.86%	-52.97%	-146.8%	—
HYACHaymaker Acquisition Corp. III	$10.75	$317.64M	28.29	-2.52%	-0.78%	-0.86%	—
AMRCAmeresco, Inc.	$25.49	$1.35B	30.71	9.16%	1.59%	2.86%	—
GPREGreen Plains Inc.	$15.80	$1.11B	-8.78	-14.93%	-0.79%	-2.01%	—

Compare OPTT vs Peers

Ocean Power Technologies, Inc. (OPTT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WAVE

Most directly comparable listed peer for OPTT.

Scale Benchmark

vs BE

Larger-name benchmark to compare OPTT against a more recognizable public peer.

Peer Set

Compare Top 5

vs WAVE, NRGV, HYAC, AMRC

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OPTT Frequently Asked Questions

Ocean Power Technologies, Inc. (OPTT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Ocean Power Technologies, Inc.'s revenue?

Ocean Power Technologies, Inc. (OPTT) reported $3.4M in revenue for fiscal year 2025. This represents a 36% decrease from $5.4M in 2005.

How fast is Ocean Power Technologies, Inc. growing?

Ocean Power Technologies, Inc. (OPTT) grew revenue by 6.1% over the past year. This is steady growth.

Is OPTT profitable?

Ocean Power Technologies, Inc. (OPTT) reported a net loss of $36.0M for fiscal year 2025.

Dividend & Returns

What is OPTT's return on equity?

Ocean Power Technologies, Inc. (OPTT) has a return on equity (ROE) of -93.5%. Negative ROE indicates the company is unprofitable.

What is Ocean Power Technologies, Inc.'s free cash flow?

Ocean Power Technologies, Inc. (OPTT) had negative free cash flow of $25.8M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in OPTT back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

OPTTOcean Power Technologies, Inc.Current

$0.25

$49.66M

-1.50

6.08%

-367.02%

-93.53%

—

WAVEEco Wave Power Global AB (publ)

$9.07

$52.97M

-14.17

-77.26%

-1759.75%

-40.89%

—

NRGVEnergy Vault Holdings, Inc.

$3.79

$655.58M

-5.83

340.86%

-52.97%

-146.8%

—

HYACHaymaker Acquisition Corp. III

$10.75

$317.64M

28.29

-2.52%

-0.78%

-0.86%

—

AMRCAmeresco, Inc.

$25.49

$1.35B

30.71

9.16%

1.59%

2.86%

—

GPREGreen Plains Inc.

$15.80

$1.11B

-8.78

-14.93%

-0.79%

-2.01%

—