Quick Answer
Ocean Power Technologies, Inc. reported Revenue (ASC 606) of $1.76 million for fiscal year 2022.
Ocean Power Technologies, Inc. Revenue (ASC 606) — Annual History
| Fiscal Year | Revenue (ASC 606) | YoY Change |
|---|---|---|
| 2022 | $1.76M | +45.9% |
| 2021 | $1.21M | -28.3% |
| 2020 | $1.68M | +166.1% |
| 2019 | $632.0K | +23.7% |
| 2018 | $511.0K | — |
Quarterly Revenue (ASC 606)
| Quarter Ending | Revenue (ASC 606) | YoY | QoQ |
|---|---|---|---|
| October 31, 2022 | $303.0K | +22.7% | -57.6% |
| July 31, 2022 | $714.0K | +162.5% | +47.5% |
| January 31, 2022 | $484.0K | +52.7% | +96.0% |
| October 31, 2021 | $247.0K | +109.3% | -9.2% |
| July 31, 2021 | $272.0K | +60.9% | -14.2% |
| January 31, 2021 | $317.0K | -56.3% | +168.6% |
| October 31, 2020 | $118.0K | -42.2% | -30.2% |
| July 31, 2020 | $169.0K | -16.3% | -76.7% |
- Ocean Power Technologies, Inc. showed an increase of +45.9% in Revenue (ASC 606) compared to the prior fiscal year.
- Over the 2018–2022 period, Ocean Power Technologies, Inc.’s revenue (asc 606) has grown by 244.2% (from $511.0 thousand to $1.76 million).
- The most recent figure is from Ocean Power Technologies, Inc.’s fiscal year 2022 report (Form 10-K), filed with the SEC on July 13, 2022.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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