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Ocean Power Technologies

OPTT

Ocean Power Technologies specializes in intelligent maritime solutions that provide persistent power and data connectivity for remote ocean environments.

Market cap
$47.81M-47.0%
Net income-$44.8M-108%
Free cash flow-$30.2M-57.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 21, 2026 (in a month)
Revenue estimate$1.8M
EPS estimate-$0.03

Financials

Q4 2026

Income statement

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Net income-$15.2M-137%

Balance sheet

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Cash & equivalents$8.7M+26.9%
Total debt$2.0M+13.3%
Total equity$10.7M-59.9%
Total assets$41.3M+34.0%

Cash flow

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Operating cash flow-$2.8M+30.5%
CapEx-$5.8M-3,817%
Free cash flow-$8.5M-105%

Valuation & ratios

Valuation

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Market cap$47.81M-47.0%
Enterprise value$41.13M-50.4%

Returns & leverage

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Return on equity-240%-664pp
Debt / equity0.2×+0.1×
Current ratio0.6×-3.5×

Competitors

Profile

Ocean Power Technologies specializes in intelligent maritime solutions that provide persistent power and data connectivity for remote ocean environments. The company integrates renewable energy platforms, autonomous surface vehicles, and command-and-control software to deliver maritime domain awareness and subsea infrastructure monitoring. Its value proposition centers on replacing expensive, crewed vessels and fossil-fuel-based power with autonomous, sustainable 'as-a-service' models.

Competitive position

The company differentiates itself through a vertically integrated ecosystem of interoperable platforms that combine renewable power generation with high-level autonomous navigation.

GeographiesUnited States, Middle East, Europe, Asia, Oceania
Customer segmentsDefense and intelligence agencies, Offshore energy companies, Scientific research organizations, Homeland security
Business modelSubscription-based leasing, Hardware-as-a-Service, Data-as-a-Service, Direct sales
SuppliersPropulsion system manufacturers, Sensor and radar component suppliers, Satellite and telecommunications providers, Raw material suppliers for marine-grade hardware
CustomersU.S. Department of Defense, U.S. Coast Guard, National Oceanic and Atmospheric Administration (NOAA), Offshore wind farm operators, Oil and gas exploration firms
Listed2007
Employees72.0
CEOPhilipp Stratmann
FilingsSEC EDGAR

FAQ

What is Ocean Power Technologies's market cap?
Ocean Power Technologies (OPTT) has a market capitalization of $47.8M and trades on AMEX.
Who are Ocean Power Technologies's competitors?
Ocean Power Technologies's key competitors include Nauticus Robotics, Inc. Common stock, Coda Octopus Group, Inc. Common stock, Planet Labs PBC, and others. These companies compete in similar markets and product categories.
Who does Ocean Power Technologies partner with?
Ocean Power Technologies's notable partners include AUVSI.
Where is Ocean Power Technologies headquartered?
Ocean Power Technologies is headquartered in United States of America and employs approximately 72 people. It has been publicly traded since 2007.