Ocean Power Technologies, Inc.
OPTTNYSE
$0.20
↓ -0.6%Jul 17 close · end-of-day
Price
1Y↓ -66.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$38.3M
Enterprise Value
$31.3M
P/E
—
P/S
11.2
P/B
1.9
EV/EBITDA
—
PEG
—
FCF Yield
-67.4%
Dividend Yield
—
Revenue (TTM)
$3.4M
Net Income (TTM)
-$36.0M
Free Cash Flow (TTM)
-$25.8M
Gross Margin
-56.4%
Operating Margin
-982.0%
Net Margin
-1047.9%
ROE
-179.2%
ROIC
-204.5%
Debt / Equity
—
Net Cash
$7.1M
Return 1Y
-71.9%
Company profile
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in America, Europe, and Australia. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services.
- CEO
- J. Philipp Stratmann
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Utilities
- Employees
- 50
- Headquarters
- New Jersey
- Website
- oceanpowertechnologies.com
Management & directors
- Pagliara Tracy DSenior VP and General Counsel
- Powers Robert PatrickSenior VP and CFO
- Stratmann PhilippPresident and CEO
Roles derived from SEC Form 4 filings.
Earnings
OPTT Q3 2026 Earnings
Period ends 2026-01-31
MetricActualYoY
Revenue$513,000.00↓ -37.8%
Diluted EPS-$0.06↑ +50.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $1.2M | $1.8M | $2.7M | $5.5M | $5.9M |
| Gross profit | -$1.1M | -$101,000.00 | $236,000.00 | $2.8M | $1.7M |
| Operating income | -$13.6M | -$21.6M | -$29.2M | -$29.3M | -$21.7M |
| Net income | -$14.8M | -$18.9M | -$26.3M | -$27.5M | -$21.5M |
| Diluted EPS | — | -$0.35 | -$0.47 | -$0.47 | -$0.17 |
| Operating cash flow | -$11.7M | -$21.3M | -$21.7M | -$29.8M | -$18.6M |
| Free cash flow | -$11.7M | -$21.4M | -$22.4M | -$32.3M | -$19.1M |
| Gross margin | -89.0% | -5.7% | 8.6% | 51.1% | 28.3% |
| Operating margin | -1127.0% | -1225.3% | -1069.4% | -530.9% | -370.0% |
| Net margin | -1223.9% | -1073.0% | -963.6% | -497.4% | -367.0% |
| Line item | Q4 '24 | Q1 '24 | Q2 '24 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6M | $1.3M | $2.4M | $825,000.00 | $1.3M | $1.2M | $424,000.00 | $513,000.00 |
| Gross profit | $862,000.00 | $447,000.00 | $795,000.00 | $197,000.00 | $221,000.00 | -$23,000.00 | -$1.4M | -$755,000.00 |
| Operating income | -$6.8M | -$4.5M | -$3.9M | -$5.9M | -$7.4M | -$7.1M | -$10.1M | -$9.1M |
| Net income | -$6.7M | -$4.5M | -$3.9M | -$6.7M | -$6.4M | -$7.4M | -$10.8M | -$11.4M |
| Diluted EPS | -$0.12 | -$0.05 | -$0.04 | -$0.04 | -$0.04 | -$0.04 | -$0.06 | -$0.06 |
| Operating cash flow | -$5.1M | -$6.1M | -$4.8M | -$3.7M | -$4.0M | -$5.6M | -$7.5M | -$6.8M |
| Free cash flow | -$6.4M | -$6.5M | -$5.0M | -$4.0M | -$4.2M | -$7.1M | -$7.8M | -$6.8M |
| Gross margin | 54.8% | 34.4% | 32.9% | 23.9% | 16.8% | -1.9% | -325.5% | -147.2% |
| Operating margin | -430.3% | -343.8% | -161.9% | -712.1% | -563.6% | -598.8% | -2387.5% | -1777.4% |
| Net margin | -427.6% | -342.3% | -161.8% | -814.5% | -487.9% | -625.0% | -2553.1% | -2215.6% |
Company news
Jul 17, 2026
Jul 1, 2026
Jun 24, 2026
- 26d agoRutgers, Stevens deals grow Ocean Power Technologies’ marine research footprintfinance.yahoo.com
- 26d agoOcean Power Technologies deploys PowerBuoy for Rutgers, receives maritime drone order from Stevens Instituteproactiveinvestors.com
- 26d agoOcean Power Technologies Announces Deployment of PowerBuoy® System for Rutgers University and New Maritime Drone Order from Stevens Institute of Technologyfinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-03-05 | Stratmann Philipp· President and CEO | Tax withholding | 901,096 | $0.43 | $391,075.66 | filing |
| 2026-03-05 | Powers Robert Patrick· Senior VP and CFO | Tax withholding | 437,550 | $0.43 | $189,896.70 | filing |
| 2026-03-05 | PAGLIARA TRACY D· Senior VP and General Counsel | Tax withholding | 322,897 | $0.43 | $140,137.30 | filing |
| 2026-01-30 | Stratmann Philipp· President and CEO | Award | 100,198 | — | — | filing |
| 2026-01-30 | Stratmann Philipp· President and CEO | Award | 392,553 | — | — | filing |
| 2026-01-30 | Stratmann Philipp· President and CEO | Award | 100,162 | — | — | filing |
| 2026-01-30 | Powers Robert Patrick· CFO | Award | 54,013 | — | — | filing |
| 2026-01-30 | Powers Robert Patrick· CFO | Award | 54,032 | — | — | filing |
| 2026-01-30 | Powers Robert Patrick· CFO | Award | 173,920 | — | — | filing |
| 2026-01-30 | PAGLIARA TRACY D· Senior VP and General Counsel | Award | 201,442 | — | — | filing |
| 2026-01-27 | cryan terence james | Award | 377,973 | — | — | filing |
| 2026-01-27 | Thompson Jim Raymond | Award | 151,189 | — | — | filing |
| 2026-01-27 | Powers Robert Patrick· CFO | Award | 427,447 | — | — | filing |
| 2026-01-27 | Hewlett Clyde W | Award | 151,189 | — | — | filing |
| 2026-01-27 | Stratmann Philipp· President and CEO | Award | 805,944 | — | — | filing |
| 2026-01-27 | PAGLIARA TRACY D· Senior VP and General Counsel | Award | 414,578 | — | — | filing |
| 2026-01-27 | Montesi Corliss J. | Award | 151,189 | — | — | filing |
| 2026-01-16 | Stratmann Philipp· President and CEO | D | 527,846 | $0.00 | $0.00 | filing |
| 2026-01-16 | Powers Robert Patrick· CFO | D | 103,983 | $0.00 | $0.00 | filing |
| 2026-01-16 | Stratmann Philipp· President and CEO | Award | 569,045 | — | — | filing |
| 2026-01-16 | cryan terence james | Award | 1,354,802 | — | — | filing |
| 2026-01-16 | Slaiby Peter E. | Award | 593,208 | — | — | filing |
| 2026-01-16 | PAGLIARA TRACY D· Senior VP and General Counsel | Award | 291,974 | — | — | filing |
| 2026-01-16 | PAGLIARA TRACY D· Senior VP and General Counsel | Award | 273,256 | — | — | filing |
| 2026-01-16 | Powers Robert Patrick· CFO | Award | 31,458 | — | — | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.