OPTT
Income statement / Annual
Last year (2026), Ocean Power Technologies's total revenue was $4.08 M,
a decrease of 30.46% from the previous year.
In 2026, Ocean Power Technologies's net income was -$43.68 M.
See Ocean Power Technologies,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2026
|
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
04/30/2026 |
04/30/2025 |
04/30/2024 |
04/30/2023 |
04/30/2022 |
04/30/2021 |
04/30/2020 |
04/30/2019 |
04/30/2018 |
04/30/2017 |
| Operating Revenue |
$4.08 M |
$5.86 M |
$5.53 M |
$2.73 M |
$1.76 M |
$1.21 M |
$1.68 M |
$632.00 K |
$511.00 K |
$843.00 K |
| Cost of Revenue |
$12.21 M
|
$4.20 M
|
$2.70 M
|
$2.50 M
|
$1.86 M
|
$2.28 M
|
$1.79 M
|
$1.30 M
|
$763.00 K
|
$938.00 K
|
| Gross Profit |
-$8.14 M
|
$1.66 M
|
$2.83 M
|
$236.00 K
|
-$101.00 K
|
-$1.07 M
|
-$105.00 K
|
-$671.00 K
|
-$252.00 K
|
-$95.00 K
|
| Gross Profit Ratio |
-2
|
0.28
|
0.51
|
0.09
|
-0.06
|
-0.89
|
-0.06
|
-1.06
|
-0.49
|
-0.11
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$9.61 M
|
$4.75 M
|
$4.34 M
|
$4.98 M
|
$4.32 M
|
$5.03 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$6.99 M
|
$6.56 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$31.68 M
|
$23.35 M
|
$32.23 M
|
$28.34 M
|
$11.91 M
|
$7.77 M
|
$6.92 M
|
$7.62 M
|
$6.99 M
|
$6.56 M
|
| Other Expenses |
$0.00
|
$0.00
|
-$72.00 K
|
$1.11 M
|
-$60.00 K
|
$0.00
|
$0.00
|
$0.00
|
$4.00 K
|
$0.00
|
| Operating Expenses |
$31.68 M
|
$23.35 M
|
$32.16 M
|
$29.45 M
|
$21.45 M
|
$12.52 M
|
$11.26 M
|
$12.60 M
|
$11.31 M
|
$11.59 M
|
| Cost And Expenses |
$43.89 M
|
$27.55 M
|
$34.86 M
|
$31.95 M
|
$23.31 M
|
$14.80 M
|
$13.05 M
|
$13.90 M
|
$12.07 M
|
$12.53 M
|
| Interest Income |
$0.00
|
$47.00 K
|
$800.00 K
|
$902.00 K
|
$124.00 K
|
$124.00 K
|
$124.00 K
|
$35.00 K
|
$83.00 K
|
$28.00 K
|
| Interest Expense |
$2.78 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$1.97 M
|
$1.76 M
|
$1.16 M
|
$637.00 K
|
$515.00 K
|
$372.00 K
|
$355.00 K
|
$180.00 K
|
$122.00 K
|
$140.00 K
|
| EBITDA |
-$37.84 M |
-$19.93 M |
-$28.24 M |
-$27.47 M |
-$21.10 M |
-$13.22 M |
-$11.01 M |
-$13.09 M |
-$11.44 M |
-$11.55 M |
| EBITDA Ratio |
-9.28
|
-3.4
|
-5.11
|
-10.05
|
-11.99
|
-10.96
|
-6.55
|
-20.71
|
-22.38
|
-13.7
|
| Operating Income Ratio |
-9.77
|
-3.7
|
-5.31
|
-10.69
|
-12.25
|
-11.27
|
-6.76
|
-21
|
-22.62
|
-13.86
|
| Total Other Income/Expenses Net |
-$3.87 M
|
-$859.00 K
|
$594.00 K
|
$2.61 M
|
$856.00 K
|
-$1.17 M
|
$118.00 K
|
$175.00 K
|
$284.00 K
|
$1.50 M
|
| Income Before Tax |
-$43.68 M
|
-$22.55 M
|
-$28.74 M
|
-$26.60 M
|
-$20.70 M
|
-$14.76 M
|
-$11.25 M
|
-$13.10 M
|
-$11.28 M
|
-$10.18 M
|
| Income Before Tax Ratio |
-10.72
|
-3.85
|
-5.2
|
-9.74
|
-11.77
|
-12.24
|
-6.69
|
-20.72
|
-22.07
|
-12.08
|
| Income Tax Expense |
$0.00
|
-$1.03 M
|
-$1.25 M
|
-$278.00 K
|
-$1.82 M
|
$0.00
|
-$895.00 K
|
-$850.00 K
|
-$1.12 M
|
-$698.00 K
|
| Net Income |
-$43.68 M
|
-$21.51 M
|
-$27.48 M
|
-$26.33 M
|
-$18.87 M
|
-$14.76 M
|
-$10.35 M
|
-$12.25 M
|
-$10.16 M
|
-$9.49 M
|
| Net Income Ratio |
-10.72
|
-3.67
|
-4.97
|
-9.64
|
-10.73
|
-12.24
|
-6.15
|
-19.38
|
-19.88
|
-11.25
|
| EPS |
-0.19 |
-0.17 |
-0.47 |
-0.47 |
-0.35 |
-0.53 |
-1.44 |
-9.52 |
-13.24 |
-44.54 |
| EPS Diluted |
-0.19 |
-0.17 |
-0.47 |
-0.47 |
-0.35 |
-0.53 |
-1.44 |
-9.52 |
-13.24 |
-44.54 |
| Weighted Average Shares Out |
$1.94 B
|
$126.91 M
|
$59.03 M
|
$56.00 M
|
$54.01 M
|
$30.02 M
|
$7.21 M
|
$1.29 M
|
$767.33 K
|
$212.96 K
|
| Weighted Average Shares Out Diluted |
$1.94 B
|
$126.91 M
|
$59.03 M
|
$56.00 M
|
$54.01 M
|
$30.02 M
|
$7.21 M
|
$1.29 M
|
$767.33 K
|
$212.96 K
|
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