Ocean Power Technologies financials
$1.36−18.56%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Apr 30 | FY25 Apr 30 | FY24 Apr 30 | FY23 Apr 30 | FY22 Apr 30 | FY21 Apr 30 | FY20 Apr 30 | FY19 Apr 30 | FY18 Apr 30 | FY17 Apr 30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7M | $5.9M | $5.5M | $2.7M | $1.8M | $1.2M | $1.7M | $632.0K | $511.0K | $843.0K |
| Gross profit | -$5.9M | $1.7M | $2.8M | $236.0K | -$101.0K | -$1.1M | -$105.0K | -$671.0K | -$252.0K | -$95.0K |
| Gross margin | −158.4% | 28.3% | 51.1% | 8.6% | −5.7% | −89.0% | −6.2% | −106.2% | −49.3% | −11.3% |
| Operating income | -$38.4M | -$21.7M | -$29.4M | -$28.8M | -$21.6M | -$14.8M | -$11.4M | -$13.3M | -$11.6M | -$11.7M |
| Net income | -$48.9M | -$24.5M | -$27.5M | -$26.3M | -$18.9M | -$14.8M | -$10.4M | -$12.2M | -$10.2M | -$9.5M |
| Net margin | −1308.9% | −417.4% | −497.4% | −963.6% | −1073.0% | −1223.9% | −615.5% | −1937.7% | −1987.7% | −1125.3% |
| Diluted EPS | $-7.50 | $-5.70 | $-14.10 | $-14.10 | $-10.50 | $-14.70 | $-43.20 | $-285.60 | $-397.20 | $-1338.00 |
| EBITDA | -$37.5M | -$20.9M | -$28.8M | -$27.8M | -$21.1M | -$13.4M | -$11.2M | -$13.1M | -$11.4M | -$11.5M |
| Operating cash flow | -$20.8M | -$18.6M | -$29.8M | -$21.7M | -$21.3M | -$11.7M | -$10.6M | -$12.1M | -$10.7M | -$10.0M |
| Free cash flow | -$24.8M | -$19.1M | -$32.3M | -$22.4M | -$21.4M | -$11.7M | -$10.6M | -$12.2M | -$11.4M | -$10.1M |
| Diluted shares | 6.5M | 4.2M | 2.0M | 1.9M | 1.8M | 1.0M | 0.2M | 0.0M | 0.0M | 0.0M |
Balance sheet
| Period end | Apr 30 | Apr 30 | Apr 30 | Apr 30 | Apr 30 | Apr 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.7M | $6.7M | $3.2M | $6.9M | $7.9M | $83.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $27.8M | $49.4M | $0.00 |
| Total debt | $10.4M | $0.00 | $0.00 | $0.00 | $0.00 | $891.0K |
| Total assets | $39.9M | $30.8M | $28.7M | $53.4M | $73.4M | $86.4M |
| Total liabilities | $27.4M | $4.1M | $9.4M | $9.4M | $4.6M | $5.9M |
| Shareholders' equity | $12.5M | $26.7M | $19.3M | $44.0M | $68.8M | $80.5M |
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