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NYSE:OPTT

Ocean Power Technologies, Inc.

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Ocean Power Technologies, Inc.'s revenue fell 36.2% in fiscal 2026 to $3.7M while operating margin fell to −1026.6%. Free cash flow was −$24.8M, −663.2% of revenue, and the diluted share count rose 53.1%.Summary generated from Ocean Power Technologies, Inc.'s SEC filings. Latest annual report filed Aug 19, 2026.

Key statistics

Fiscal 2026 from SEC filings. Methodology
Revenue (FY26)$3.7M
Revenue growth−36.2%
Revenue, 5-yr CAGR+25.4%
Gross margin−158.4%
Operating margin−1026.6%
Net margin−1308.9%
ROICn/a
Return on equity−250.0%
Debt / equity0.96
Free cash flow−$24.8M
FCF margin−663.2%
Share count change+53.1%

Financials

Fiscal years, $M
Item20222023202420252026
Revenue23664
Operating income−22−29−29−22−38
Net income−19−26−27−24−49
Free cash flow−21−22−32−19−25

Recent filings

From SEC EDGAR

Peers

Electric services