Ocean Power Technologies financials
$1.36−18.56%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q1 '27 Jul 31 | Q4 '26 Apr 30 | Q3 '26 Jan 31 | Q2 '26 Oct 31 | Q1 '26 Jul 31 | Q4 '25 Apr 30 | Q3 '25 Jan 31 | Q2 '25 Oct 31 | Q1 '25 Jul 31 | Q4 '24 Apr 30 | Q3 '24 Jan 31 | Q2 '24 Oct 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7M | $1.6M | $513.0K | $424.0K | $1.2M | $1.3M | $825.0K | $2.4M | $1.3M | $1.6M | $1.8M | $889.0K |
| Gross profit | -$2.8M | -$3.8M | -$755.0K | -$1.4M | -$23.0K | $221.0K | $197.0K | $795.0K | $447.0K | $862.0K | $813.0K | $488.0K |
| Gross margin | −166.2% | −232.6% | −147.2% | −325.5% | −1.9% | 16.8% | 23.9% | 32.9% | 34.4% | 54.8% | 45.4% | 54.9% |
| Operating income | -$15.1M | -$12.0M | -$9.1M | -$10.1M | -$7.1M | -$7.4M | -$5.9M | -$3.9M | -$4.5M | -$6.8M | -$7.7M | -$7.5M |
| Net income | -$10.5M | -$19.3M | -$11.4M | -$10.8M | -$7.4M | -$9.4M | -$6.7M | -$3.9M | -$4.5M | -$6.7M | -$6.5M | -$7.2M |
| Net margin | −618.7% | −1195.1% | −2215.6% | −2553.1% | −625.0% | −712.8% | −814.5% | −161.8% | −342.3% | −427.6% | −363.2% | −811.4% |
| Diluted EPS | $-1.28 | $-1.48 | $-1.80 | $-1.80 | $-1.28 | $-1.66 | $-1.20 | $-1.20 | $-1.50 | $-3.37 | $-3.30 | $-3.60 |
| EBITDA | -$14.8M | -$11.9M | -$8.9M | -$9.9M | -$6.8M | -$7.4M | -$5.7M | -$3.6M | -$4.2M | -$6.6M | -$7.6M | -$7.3M |
| Operating cash flow | -$10.2M | -$851.0K | -$6.8M | -$7.5M | -$5.6M | -$4.0M | -$3.7M | -$4.8M | -$6.1M | -$5.2M | -$9.1M | -$7.5M |
| Free cash flow | -$10.4M | -$3.1M | -$6.8M | -$7.8M | -$7.1M | -$4.2M | -$4.0M | -$5.0M | -$6.5M | -$6.5M | -$9.6M | -$8.1M |
| Diluted shares | 8.2M | 13.1M | 6.5M | 6.1M | 5.8M | 5.7M | 4.9M | 3.6M | 2.7M | 2.0M | 2.0M | 2.0M |
Balance sheet
| Period end | Jul 31 | Apr 30 | Jan 31 | Oct 31 | Jul 31 | Apr 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $7.4M | $8.7M | $7.1M | $11.7M | $9.9M | $6.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $8.1M | $10.4M | $6.2M | $10.3M | $7.1M | $0.00 |
| Total assets | $38.7M | $39.9M | $41.1M | $39.3M | $36.6M | $30.8M |
| Total liabilities | $30.3M | $27.4M | $21.1M | $17.0M | $12.4M | $4.1M |
| Shareholders' equity | $8.5M | $12.5M | $20.1M | $22.3M | $24.2M | $26.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology