Ocean Power Technologies, Inc. Financial Summary

Quick Answer

Ocean Power Technologies, Inc. reported Total Revenue of $5.86 million for fiscal year 2025.

Ocean Power Technologies, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $5.86M
+6.1%
$5.53M
+102.2%
$2.73M
+55.3%
$1.76M
+45.9%
$1.21M
-28.3%
$1.68M
+166.1%
Revenue (ASC 606) $1.76M
+45.9%
$1.21M
-28.3%
$1.68M
+166.1%
Net Income -$21.51M
+21.7%
-$27.48M
-4.4%
-$26.33M
-39.5%
-$18.87M
-27.9%
-$14.76M
-42.6%
-$10.35M
+15.5%
Diluted EPS -$0.17
+63.8%
-$0.47
+0.0%
-$0.47
-34.3%
-$0.35
Total Assets $30.79M
+7.3%
$28.70M
-46.2%
$53.37M
-27.3%
$73.39M
-15.0%
$86.38M
+538.0%
$13.54M
-26.3%
Cash and Equivalents $6.71M
+113.1%
$3.15M
-54.2%
$6.88M
-12.7%
$7.88M
-90.5%
$83.03M
+730.1%
$10.00M
-40.0%
Long-Term Debt $396.0K
Stockholders Equity $26.65M
+37.8%
$19.34M
-56.0%
$43.95M
-36.1%
$68.83M
-14.5%
$80.47M
+666.9%
$10.49M
-33.5%
Operating Income -$21.69M
+26.1%
-$29.33M
-0.4%
-$29.22M
-35.6%
-$21.55M
-58.6%
-$13.59M
-19.6%
-$11.37M
+14.4%
Gross Profit $1.66M
-41.3%
$2.83M
+1097.5%
$236.0K
+333.7%
-$101.0K
+90.6%
-$1.07M
-921.9%
-$105.0K
+84.4%
Shares Outstanding 171.26M
+179.5%
61.26M
+8.9%
56.26M
+0.7%
55.88M
+6.5%
52.48M
+305.6%
12.94M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue January 31, 2026 $513.0K -37.8% +21.0%
Revenue (ASC 606) October 31, 2022 $303.0K +22.7% -57.6%
Net Income January 31, 2026 -$11.37M -69.1% -5.0%
Diluted EPS January 31, 2026 -$0.06 -50.0% +0.0%
Total Assets January 31, 2026 $41.14M +19.6% +4.6%
Cash and Equivalents January 31, 2026 $7.06M -29.6% -39.5%
Long-Term Debt April 30, 2021 $396.0K +1484.0%
Stockholders Equity January 31, 2026 $20.09M -30.5% -9.9%
Operating Income January 31, 2026 -$9.12M -55.2% +9.9%
Gross Profit January 31, 2026 -$755.0K -483.2% +45.3%
Shares Outstanding January 31, 2026 216.11M +27.1% +14.3%
  • Ocean Power Technologies, Inc. reported Total Revenue of $5.86 million for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed an increase of +6.1% in Total Revenue compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Revenue (ASC 606) of $1.76 million for fiscal year 2022.
  • Ocean Power Technologies, Inc. showed an increase of +45.9% in Revenue (ASC 606) compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Net Income of -$21.51 million for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed an increase of +21.7% in Net Income compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Diluted EPS of $0.17 per share (loss) for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed an increase of +63.8% in Diluted EPS compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Total Assets of $30.79 million for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed an increase of +7.3% in Total Assets compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Cash and Equivalents of $6.71 million for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed an increase of +113.1% in Cash and Equivalents compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Long-Term Debt of $396.0 thousand for fiscal year 2021.
  • Ocean Power Technologies, Inc. showed an increase of +692.0% in Long-Term Debt compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Stockholders Equity of $26.65 million for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed an increase of +37.8% in Stockholders Equity compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Operating Income of -$21.69 million for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed an increase of +26.1% in Operating Income compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Gross Profit of $1.66 million for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed a decrease of -41.3% in Gross Profit compared to the prior fiscal year.
  • Ocean Power Technologies, Inc. reported Shares Outstanding of 171.26 million shares for fiscal year 2025.
  • Ocean Power Technologies, Inc. showed an increase of +179.5% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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