Ocean Power Technologies, Inc.
OPTT NYSE· Electric Services
Last close · Oct 23, 2026
$0.69
KIRA · Stoqly’s AI analyst, in plain words
- Ocean Power Technologies, Inc. had $3.7M of revenue in fiscal 2026, down 36.2% on the year before. Over five years, revenue changed +25.4% a year on average.
- Its operating margin was −1,026.6%, down 656.6 pts: of every 100 in sales, about −1,027 is left after running the business.
- Ocean Power Technologies, Inc. lost $48.9M in fiscal 2026.
- Free cash flow was −$24.8M in fiscal 2026, −663.2% of revenue.
- Ocean Power Technologies, Inc. owes $3.3M more than it holds in cash.
Market cap
$5.7M
P/E
—
Revenue
$3.7M
Net income
−$48.9M
Free cash flow
−$24.8M
Operating margin
−1,026.6%
Ocean Power Technologies, Inc. in 30 seconds · fiscal 2026
Are sales growing?
−36.2%
No. Sales fell 36.2% last year.
Does it make a profit?
−1,308.9%
No. It lost money last year.
Does profit turn into cash?
−663.2%
No. It spent more cash than it brought in.
How healthy are the accounts?
1 / 8
Weak. It passes 1 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Ocean Power Technologies, Inc. does
No business description yet.
- Fiscal year ends
- April 30, 2026
- Latest annual report
- 10-K · Aug 19, 2026
- Legal name
- Ocean Power Technologies, Inc.
- CIK
- 0001378140
Ocean Power Technologies, Inc. · OPTT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.8M | $2.7M | $5.5M | $5.9M | $3.7M |
| Revenue growth | 45.9% | 55.3% | 102.2% | 6.1% | −36.2% |
| Net interest income | $0.1M | $0.9M | $0.8M | $0.0M | −$2.8M |
| Gross margin | −5.7% | 8.6% | 51.1% | 28.3% | −158.4% |
| Operating margin | −1,225.3% | −1,069.4% | −530.9% | −370.0% | −1,026.6% |
| Net income | −$18.9M | −$26.3M | −$27.5M | −$24.5M | −$48.9M |
| Net margin | −1,073.0% | −963.6% | −497.4% | −417.4% | −1,308.9% |
| Diluted EPS | −$0.35 | −$0.47 | −$0.47 | −$0.19 | −$0.25 |
| Cash | |||||
| Cash from operations | −$21.3M | −$21.7M | −$29.8M | −$18.6M | −$20.8M |
| Capital expenditure | $0.1M | $0.6M | $2.6M | $0.5M | $4.0M |
| Free cash flow | −$21.4M | −$22.4M | −$32.3M | −$19.1M | −$24.8M |
| FCF margin | −1,218.9% | −818.3% | −585.5% | −326.5% | −663.2% |
| Share buybacks | $0.0M | $0.0M | $0.0M | — | — |
| Share count change | 179,821.4% | −99.9% | 5.4% | 115.0% | 53.1% |
| Debt and strength | |||||
| Cash and short-term investments | $57.3M | $34.7M | $3.2M | $6.7M | $8.7M |
| Debt incl. finance leases | — | — | — | — | $12.0M |
| Shareholders' equity | $68.8M | $44.0M | $19.3M | $26.7M | $12.5M |
| Current ratio | 19.9x | 4.8x | 1.4x | 4.1x | 0.6x |
| Interest coverage | — | — | — | — | −309.4x |
| Returns and quality | |||||
| Return on capital | — | — | — | — | −192.2% |
| Return on equity | −25.3% | −46.7% | −86.8% | −106.4% | −250.0% |
| Return on tangible equity | −33.6% | −83.7% | −382.5% | −167.3% | −8,404.6% |
| Piotroski F-score | 3 | 4 | 2 | 3 | 1 |
| Altman Z'' | 7.6 | −12.2 | −38.9 | −30.9 | −38.8 |
Insiders bought, 12 months
$0.0M
2 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Ocean Power Technologies, Inc. · OPTT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.69 a share, the company is worth $5.7M.
Source: SEC EDGAR XBRL filings (CIK 0001378140). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.