Ocean Power Technologies, Inc.(OPTT)Earnings, Financials & Key Ratios
OPTT•AMEX
$0.36
$70M mkt cap·Price updated May 6, 2026
AboutOcean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.Show more
- Revenue$6M+6.1%
- EBITDA-$20M+29.3%
- Net Income-$22M+21.7%
- EPS (Diluted)-0.17+63.8%
- Gross Margin28.32%-44.6%
- EBITDA Margin-340.04%+33.3%
- Operating Margin-370.01%+30.3%
- Net Margin-367.02%+26.2%
- ROE-93.53%-7.7%
- ROIC-80.32%-5.3%
- Debt/Equity0.07-49.2%
OPTT Key Insights
Ocean Power Technologies, Inc. (OPTT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Strong 5Y sales CAGR of 28.4%
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Shares diluted 100.0% in last year
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
OPTT Price & Volume
Ocean Power Technologies, Inc. (OPTT) stock price & volume — 10-year historical chart
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OPTT Growth Metrics
Ocean Power Technologies, Inc. (OPTT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years3.62%
5 Years28.36%
3 Years49.36%
TTM-43.82%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-65.1%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM22.24%
Return on Capital
10 Years-100.39%
5 Years-56.91%
3 Years-75.67%
Last Year-88.79%
OPTT Peer Comparison
Ocean Power Technologies, Inc. (OPTT) competitors in Grid-Scale Storage and Microgrids — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 WAVE | 47.39M | 8.13 | -21.97 | -45.1% | -17.6% | -40.89% | 0.16 | |
 NRGV | 728.22M | 4.21 | -6.48 | 340.86% | -52.97% | -146.8% | 1.07 | |
 HYAC | 317.64M | 10.75 | 28.29 | 4.82% | 0.00 | |||
 AMRC | 1.67B | 31.55 | 38.01 | 9.16% | 1.59% | 2.86% | 1.73 | |
 GPRE | 1.19B | 16.97 | -9.43 | -14.93% | -5.8% | -15.71% | 0.66 | |
 BWEN | 45.94M | 1.98 | 8.61 | 10.42% | 3.32% | 8.34% | 0.43 | |
 PESI | 218.49M | 11.78 | -15.71 | 4.33% | -22.35% | -24.89% | 0.09 | |
 CLNE | 491.3M | 2.24 | -2.22 | 2.16% | -52.22% | -39.29% | 0.18 |
Compare OPTT vs Peers
Ocean Power Technologies, Inc. (OPTT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
OPTT Income Statement
Ocean Power Technologies, Inc. (OPTT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Apr'17 | Apr'18 | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 843K | 511K | 632K | 1.68M | 1.21M | 1.76M | 2.73M | 5.53M | 5.86M | 3.44M |
| Revenue Growth % | 19.61% | -39.38% | 23.68% | 166.14% | -28.3% | 45.85% | 55.32% | 102.23% | 6.08% | -43.82% |
| Cost of Goods Sold | 938K | 763K | 1.3M | 1.79M | 2.28M | 1.86M | 2.5M | 2.7M | 4.2M | 5.37M |
| COGS % of Revenue | 111.27% | 149.32% | 206.17% | 106.24% | 188.97% | 105.74% | 91.36% | 48.85% | 71.68% | - |
| Gross Profit | -95K▲ 0% | -252K▼ 165.3% | -671K▼ 166.3% | -105K▲ 84.4% | -1.07M▼ 921.9% | -101K▲ 90.6% | 236K▲ 333.7% | 2.83M▲ 1097.5% | 1.66M▼ 41.3% | -1.94M▲ 0% |
| Gross Margin % | -11.27% | -49.32% | -106.17% | -6.24% | -88.97% | -5.74% | 8.64% | 51.15% | 28.32% | -56.37% |
| Gross Profit Growth % | -357.1% | -165.26% | -166.27% | 84.35% | -921.9% | 90.59% | 333.66% | 1097.46% | -41.26% | - |
| Operating Expenses | 11.59M | 11.31M | 12.6M | 11.26M | 12.52M | 21.51M | 28.34M | 32.16M | 23.35M | 31.8M |
| OpEx % of Revenue | 1375.09% | 2212.92% | 1993.67% | 669.44% | 1038.06% | 1222.97% | 1037.34% | 582.03% | 398.33% | - |
| Selling, General & Admin | 6.56M | 6.99M | 7.62M | 6.92M | 7.77M | 11.91M | 28.34M | 32.23M | 0 | 11.97M |
| SG&A % of Revenue | 778.53% | 1367.51% | 1205.06% | 411.18% | 644.44% | 676.86% | 1037.34% | 583.33% | - | - |
| Research & Development | 5.03M | 4.32M | 4.98M | 4.34M | 4.75M | 9.61M | 0 | 0 | 0 | 136K |
| R&D % of Revenue | 596.56% | 845.4% | 788.61% | 258.26% | 393.62% | 546.11% | - | - | - | - |
| Other Operating Expenses | 0 | 4K | 0 | 0 | -83K | 60K | 0 | -72K | 23.35M | 2.86M |
| Operating Income | -11.69M▲ 0% | -11.56M▲ 1.1% | -13.27M▼ 14.8% | -11.37M▲ 14.4% | -13.59M▼ 19.6% | -21.61M▼ 59.0% | -29.22M▼ 35.2% | -29.33M▼ 0.4% | -21.69M▲ 26.1% | -33.74M▲ 0% |
| Operating Margin % | -1386.36% | -2262.23% | -2099.84% | -675.68% | -1127.03% | -1228.71% | -1069.4% | -530.88% | -370.01% | -982.01% |
| Operating Income Growth % | 21.34% | 1.09% | -14.8% | 14.36% | -19.6% | -59.01% | -35.18% | -0.39% | 26.06% | - |
| EBITDA | -11.55M | -11.44M | -13.09M | -11.01M | -13.22M | -21.1M | -28.58M | -28.17M | -19.93M | -33.49M |
| EBITDA Margin % | -1369.75% | -2238.36% | -2071.36% | -654.58% | -1096.19% | -1199.43% | -1046.08% | -509.86% | -340.04% | -974.83% |
| EBITDA Growth % | 21.7% | 0.94% | -14.45% | 15.9% | -20.07% | -59.59% | -35.46% | 1.43% | 29.25% | -67.66% |
| D&A (Non-Cash Add-back) | 140K | 122K | 180K | 355K | 372K | 515K | 637K | 1.16M | 1.76M | 247K |
| EBIT | -11.69M | -11.56M | -13.27M | -11.37M | -13.59M | -21.61M | -28.1M | -29.4M | -22.55M | -33.78M |
| Net Interest Income | 28K | 83K | 35K | 124K | 124K | 124K | 902K | 800K | 47K | -1.57M |
| Interest Income | 28K | 83K | 35K | 124K | 124K | 124K | 902K | 800K | 47K | 34K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6M |
| Other Income/Expense | 1.5M | 284K | 175K | 118K | -1.17M | 856K | 2.61M | 594K | -859K | -3.3M |
| Pretax Income | -10.18M▲ 0% | -11.28M▼ 10.7% | -13.1M▼ 16.1% | -11.25M▲ 14.1% | -14.76M▼ 31.2% | -20.7M▼ 40.2% | -26.6M▼ 28.5% | -28.74M▼ 8.0% | -22.55M▲ 21.5% | -37.04M▲ 0% |
| Pretax Margin % | -1208.07% | -2206.65% | -2072.15% | -668.67% | -1223.88% | -1176.63% | -973.79% | -520.13% | -384.66% | -1077.94% |
| Income Tax | -698K | -1.12M | -850K | -895K | 0 | -1.82M | -278K | -1.25M | -1.03M | -1.03M |
| Effective Tax Rate % | 6.85% | 9.92% | 6.49% | 7.96% | 0% | 8.81% | 1.04% | 4.36% | 4.59% | 2.79% |
| Net Income | -9.49M▲ 0% | -10.16M▼ 7.1% | -12.25M▼ 20.6% | -10.35M▲ 15.5% | -15.85M▼ 53.1% | -18.87M▼ 19.1% | -26.33M▼ 39.5% | -27.48M▼ 4.4% | -21.51M▲ 21.7% | -36M▲ 0% |
| Net Margin % | -1125.27% | -1987.67% | -1937.66% | -615.46% | -1313.85% | -1073% | -963.62% | -497.43% | -367.02% | -1047.85% |
| Net Income Growth % | 27.75% | -7.07% | -20.57% | 15.47% | -53.06% | -19.12% | -39.48% | -4.39% | 21.73% | -65.1% |
| Net Income (Continuing) | -9.49M | -10.16M | -12.25M | -10.35M | -14.76M | -18.87M | -26.33M | -27.48M | -21.51M | -36.01M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -44.54▲ 0% | -13.24▲ 70.3% | -9.52▲ 28.1% | -1.44▲ 84.9% | -0.53▲ 63.2% | -0.35▲ 34.0% | -0.47▼ 34.3% | -0.47▲ 0.0% | -0.17▲ 63.8% | -0.02▲ 0% |
| EPS Growth % | 69.3% | 70.27% | 28.1% | 84.87% | 63.19% | 33.96% | -34.29% | 0% | 63.83% | 22.24% |
| EPS (Basic) | -44.54 | -13.24 | -9.52 | -1.44 | -0.53 | -0.35 | -0.47 | -0.47 | -0.17 | - |
| Diluted Shares Outstanding | 212.96K | 767.33K | 1.29M | 7.21M | 30.02M | 54.01M | 56M | 59.03M | 126.91M | 1.95B |
| Basic Shares Outstanding | 212.96K | 767.33K | 1.29M | 7.21M | 30.02M | 54.01M | 56M | 59.03M | 126.91M | 1.95B |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
OPTT Balance Sheet
Ocean Power Technologies, Inc. (OPTT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Apr'17 | Apr'18 | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 9.75M | 13.26M | 17.62M | 11.65M | 84.44M | 59.3M | 37.67M | 10.54M | 13.62M | 21.11M |
| Cash & Short-Term Investments | 8.45M | 11.52M | 16.66M | 10M | 83.03M | 57.27M | 34.67M | 3.15M | 6.71M | 7.06M |
| Cash Only | 8.42M | 11.5M | 16.66M | 10M | 83.03M | 7.88M | 6.88M | 3.15M | 6.71M | 7.06M |
| Short-Term Investments | 25K | 25K | 0 | 0 | 0 | 49.38M | 27.79M | 0 | 0 | 0 |
| Accounts Receivable | 344K | 592K | 78K | 358K | 540K | 868K | 897K | 814K | 2.28M | 6.86M |
| Days Sales Outstanding | 148.94 | 422.86 | 45.05 | 77.69 | 163.43 | 180.11 | 119.84 | 53.78 | 141.93 | 365.16 |
| Inventory | 334K | 572K | 344K | 0 | 384K | 442K | 1.04M | 4.83M | 4.22M | 5.24M |
| Days Inventory Outstanding | 129.97 | 273.63 | 96.36 | - | 61.5 | 86.74 | 152.67 | 653.32 | 366.82 | 322.98 |
| Other Current Assets | 956K | 1.14M | 532K | 707K | 405K | 385K | 130K | 0 | 0 | 0 |
| Total Non-Current Assets | 327K | 866K | 747K | 1.89M | 1.94M | 14.09M | 15.7M | 18.16M | 17.18M | 20.03M |
| Property, Plant & Equipment | 170K | 712K | 592K | 1.66M | 1.44M | 1.2M | 3.03M | 5.85M | 5M | 7.95M |
| Fixed Asset Turnover | 4.96x | 0.72x | 1.07x | 1.01x | 0.84x | 1.47x | 0.90x | 0.94x | 1.17x | 0.50x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 8.54M | 8.54M | 8.54M | 8.54M | 8.54M |
| Intangible Assets | 0 | 0 | 0 | 0 | 274K | 4.14M | 3.98M | 3.62M | 3.49M | 3.39M |
| Long-Term Investments | 154K | 154K | 155K | 221K | 222K | -49.33M | 155K | 0 | 154K | 616K |
| Other Non-Current Assets | 3K | 0 | 0 | 0 | 222K | 219K | 155K | 154K | 0 | 0 |
| Total Assets | 10.07M▲ 0% | 14.12M▲ 40.2% | 18.37M▲ 30.1% | 13.54M▼ 26.3% | 86.38M▲ 538.0% | 73.39M▼ 15.0% | 53.37M▼ 27.3% | 28.7M▼ 46.2% | 30.79M▲ 7.3% | 41.14M▲ 0% |
| Asset Turnover | 0.08x | 0.04x | 0.03x | 0.12x | 0.01x | 0.02x | 0.05x | 0.19x | 0.19x | 0.09x |
| Asset Growth % | -2.69% | 40.19% | 30.06% | -26.29% | 538.03% | -15.03% | -27.28% | -46.22% | 7.28% | 98.25% |
| Total Current Liabilities | 4.6M | 3.74M | 2.44M | 1.9M | 4.69M | 2.98M | 7.91M | 7.36M | 3.29M | 19.7M |
| Accounts Payable | 586K | 290K | 312K | 220K | 687K | 905K | 952K | 3.37M | 568K | 1.54M |
| Days Payables Outstanding | 228.03 | 138.73 | 87.4 | 44.94 | 110.03 | 177.59 | 139.21 | 455.2 | 49.35 | 82.03 |
| Short-Term Debt | 35K | 23K | 0 | 0 | 495K | 0 | 0 | 6K | 0 | 6.23M |
| Deferred Revenue (Current) | 3.66M | 18K | 188K | 100K | 0 | 129K | 1.38M | 302K | 0 | 0 |
| Other Current Liabilities | 1.77M | 2.46M | 687K | 693K | 1.98M | 1.3M | 3.05M | 1.27M | 1.06M | 11.92M |
| Current Ratio | 2.12x | 3.54x | 7.21x | 6.13x | 17.99x | 19.91x | 4.76x | 1.43x | 4.14x | 4.14x |
| Quick Ratio | 2.04x | 3.39x | 7.07x | 6.13x | 17.91x | 19.77x | 4.63x | 0.78x | 2.86x | 2.86x |
| Cash Conversion Cycle | 50.88 | 557.76 | 54.01 | - | 114.91 | 89.26 | 133.29 | 251.9 | 459.4 | 606.12 |
| Total Non-Current Liabilities | 23K | 142K | 147K | 1.14M | 1.22M | 1.58M | 1.51M | 2M | 852K | 1.35M |
| Long-Term Debt | 23K | 0 | 0 | 0 | 396K | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 23K | 0 | 0 | 1.08M | 819K | 538K | 1.31M | 1.8M | 649K | 3.86M |
| Deferred Tax Liabilities | 0 | 0 | 0 | -1.14M | 0 | 203K | 203K | 203K | 203K | 812K |
| Other Non-Current Liabilities | -23K | 142K | 147K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 4.63M | 3.88M | 2.59M | 3.04M | 5.91M | 4.56M | 9.42M | 9.36M | 4.14M | 21.05M |
| Total Debt | 58K | 23K | 0 | 1.41M | 2.06M | 857K | 1.84M | 2.57M | 1.8M | 6.23M |
| Net Debt | -8.36M | -11.48M | -16.66M | -8.6M | -80.97M | -7.03M | -5.04M | -579K | -4.92M | -822K |
| Debt / Equity | 0.01x | 0.00x | - | 0.13x | 0.03x | 0.01x | 0.04x | 0.13x | 0.07x | 0.07x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.19x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 0.02x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -21.11x |
| Total Equity | 5.45M▲ 0% | 10.24M▲ 87.9% | 15.78M▲ 54.1% | 10.49M▼ 33.5% | 80.47M▲ 666.9% | 68.83M▼ 14.5% | 43.95M▼ 36.1% | 19.34M▼ 56.0% | 26.65M▲ 37.8% | 20.09M▲ 0% |
| Equity Growth % | 54.38% | 87.92% | 54.11% | -33.48% | 666.87% | -14.46% | -36.14% | -55.99% | 37.78% | 16.5% |
| Book Value per Share | 25.58 | 13.34 | 12.26 | 1.46 | 2.68 | 1.27 | 0.78 | 0.33 | 0.21 | 0.01 |
| Total Shareholders' Equity | 5.45M | 10.24M | 15.78M | 10.49M | 80.47M | 68.83M | 43.95M | 19.34M | 26.65M | 20.09M |
| Common Stock | 6K | 18K | 5K | 13K | 52K | 56K | 56K | 61K | 172K | 219K |
| Retained Earnings | -187.37M | -197.54M | -209.78M | -220.14M | -234.9M | -253.77M | -280.1M | -307.58M | -329.09M | -358.67M |
| Treasury Stock | -263K | -300K | -301K | -302K | -338K | -341K | -355K | -369K | -1.02M | -1.82M |
| Accumulated OCI | -160K | -160K | -171K | -183K | -171K | -46K | -45K | -45K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
OPTT Cash Flow Statement
Ocean Power Technologies, Inc. (OPTT) cash flow — operating, investing & free cash flow history
| Line item | Apr'17 | Apr'18 | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -10.04M | -10.7M | -12.14M | -10.58M | -11.67M | -21.3M | -21.71M | -29.76M | -18.63M | -18.63M |
| Operating CF Margin % | -1190.75% | -2093.15% | -1920.89% | -628.95% | -967.99% | -1210.69% | -794.55% | -538.7% | -317.93% | - |
| Operating CF Growth % | 8.16% | -6.56% | -13.5% | 12.86% | -10.35% | -82.42% | -1.93% | -37.11% | 37.39% | -110.43% |
| Net Income | -9.49M | -10.16M | -12.25M | -10.35M | -14.76M | -18.87M | -26.33M | -27.48M | -21.51M | -36M |
| Depreciation & Amortization | 140K | 122K | 180K | 355K | 372K | 515K | 637K | 1.16M | 1.76M | 925K |
| Stock-Based Compensation | 1.23M | 329K | 295K | 340K | 781K | 1.17M | 1.46M | 1.16M | 4.6M | 11.06M |
| Deferred Taxes | 16K | 0 | 0 | 0 | 0 | -377K | 817K | 0 | 0 | 0 |
| Other Non-Cash Items | -1.49M | -192K | -140K | 6K | -13K | -674K | 407K | -154K | 994K | 2.56M |
| Working Capital Changes | -449K | -798K | -229K | -928K | 1.95M | -3M | 1.3M | -4.44M | -4.48M | -2.47M |
| Change in Receivables | -48K | -123K | 108K | -42K | -245K | -133K | -262K | 83K | -1.47M | -4.75M |
| Change in Inventory | -575K | -402K | 65K | -771K | 1.92M | -292K | -602K | -3.79M | 230K | -2.38M |
| Change in Payables | 213K | -296K | 23K | -92K | 441K | 217K | 47K | 2.41M | -2.8M | 911K |
| Cash from Investing | -176K | -658K | -29K | -65K | 74K | -54.03M | 20.46M | 25.5M | -505K | -1.91M |
| Capital Expenditures | -37K | -658K | -54K | -65K | -26K | -145K | -1.02M | -2.58M | -505K | -1.91M |
| CapEx % of Revenue | 4.39% | 128.77% | 8.54% | 3.86% | 2.16% | 8.24% | 37.3% | 46.79% | 8.62% | - |
| Acquisitions | 0 | 0 | -25K | 0 | 100K | -4.44M | 371K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -189K | 0 | 25K | -65K | 100K | -53.89M | -371K | 0 | 0 | 0 |
| Cash from Financing | 11.95M | 14.58M | 17.18M | 4.45M | 84.17M | 87K | -14K | 469K | 22.7M | 22.87M |
| Debt Issued (Net) | -78K | -35K | -23K | 0 | 890K | 0 | 0 | 0 | 3.17M | 17.65M |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | -3K | 0 | 483K | 1000K | 3.19M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -125K | -37K | -1K | -1K | -36K | -3K | -14K | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 20K | -16K | 2.76M | 90K | -14K | -14K | -3.82M | -808K |
| Net Change in Cash | 1.69M▲ 0% | 3.32M▲ 96.1% | 4.93M▲ 48.8% | -6.23M▼ 226.2% | 72.7M▲ 1267.2% | -75.27M▼ 203.5% | -1.26M▲ 98.3% | -3.8M▼ 201.7% | 3.56M▲ 193.8% | -2.97M▲ 0% |
| Free Cash Flow | -10.07M▲ 0% | -11.35M▼ 12.7% | -12.19M▼ 7.4% | -10.64M▲ 12.7% | -11.7M▼ 9.9% | -21.44M▼ 83.3% | -22.73M▼ 6.0% | -32.35M▼ 42.3% | -19.14M▲ 40.8% | -25.84M▲ 0% |
| FCF Margin % | -1195.14% | -2221.92% | -1929.43% | -632.82% | -970.15% | -1218.93% | -831.84% | -585.48% | -326.55% | -752.01% |
| FCF Growth % | 8.03% | -12.69% | -7.4% | 12.71% | -9.92% | -83.26% | -5.99% | -42.34% | 40.83% | -20.79% |
| FCF per Share | -47.31 | -14.80 | -9.48 | -1.48 | -0.39 | -0.40 | -0.41 | -0.55 | -0.15 | -0.15 |
| FCF Conversion (FCF/Net Income) | 1.06x | 1.05x | 0.99x | 1.02x | 0.74x | 1.13x | 0.82x | 1.08x | 0.87x | 0.72x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
OPTT Key Ratios
Ocean Power Technologies, Inc. (OPTT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -211.38% | -129.53% | -94.16% | -78.82% | -34.84% | -25.28% | -46.68% | -86.84% | -93.53% | -154.48% |
| Return on Invested Capital (ROIC) | - | - | - | -1682.87% | -1461.51% | -52.89% | -43.51% | -76.28% | -80.32% | -80.32% |
| Gross Margin | -11.27% | -49.32% | -106.17% | -6.24% | -88.97% | -5.74% | 8.64% | 51.15% | 28.32% | -56.37% |
| Net Margin | -1125.27% | -1987.67% | -1937.66% | -615.46% | -1313.85% | -1073% | -963.62% | -497.43% | -367.02% | -1047.85% |
| Debt / Equity | 0.01x | 0.00x | - | 0.13x | 0.03x | 0.01x | 0.04x | 0.13x | 0.07x | 0.07x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -21.11x |
| FCF Conversion | 1.06x | 1.05x | 0.99x | 1.02x | 0.74x | 1.13x | 0.82x | 1.08x | 0.87x | 0.72x |
| Revenue Growth | 19.61% | -39.38% | 23.68% | 166.14% | -28.3% | 45.85% | 55.32% | 102.23% | 6.08% | -43.82% |
OPTT Frequently Asked Questions
Ocean Power Technologies, Inc. (OPTT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Ocean Power Technologies, Inc. (OPTT) reported $3.4M in revenue for fiscal year 2025. This represents a 36% decrease from $5.4M in 2005.
Ocean Power Technologies, Inc. (OPTT) grew revenue by 6.1% over the past year. This is steady growth.
Ocean Power Technologies, Inc. (OPTT) reported a net loss of $36.0M for fiscal year 2025.
Dividend & Returns
Ocean Power Technologies, Inc. (OPTT) has a return on equity (ROE) of -93.5%. Negative ROE indicates the company is unprofitable.
Ocean Power Technologies, Inc. (OPTT) had negative free cash flow of $25.8M in fiscal year 2025, likely due to heavy capital investments.
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