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Ocean Power Technologies, Inc.

OPTT

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

Market cap
$8.11M-92.1%
Revenue$4.3M-25.8%
Net income-$52.1M-90.0%
Free cash flow-$28.1M-42.6%
EPS (diluted)-$1.49-4.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Dec 16, 2026 (in 2 months)
Revenue estimate$2.8M
EPS estimate-$0.90

Financials

Q1 2027

Income statement

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Revenue$1.7M+44.1%
Gross profit-$2.8M-12,209%
Operating income-$15.1M-113%
Net income-$10.5M-42.6%
EPS (diluted)-$1.280.0%

Balance sheet

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Cash & equivalents$7.5M-25.0%
Total debt$17.7M+1,017%
Total equity$8.5M-65.1%
Total assets$38.7M+5.7%

Cash flow

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Operating cash flow-$10.2M-82.7%
CapEx$124.0K-91.5%
Free cash flow-$10.4M-46.8%

Valuation & ratios

Valuation

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Market cap$8.11M-92.1%
Enterprise value$18.32M-80.4%
P/S1.9×-15.8×

Profitability

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Gross margin-205%-226pp
Operating margin-1,088.8%-2,988pp
Net margin-1,222.8%-3,399pp
FCF margin-659.7%+7,856pp

Returns & leverage

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Return on equity-319%-770pp
Debt / equity2.1×+2.0×
Current ratio0.5×-1.1×

Segments

By geography

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Region$1.7M+44.1%
North And South America$1.4M+913%
Asia And Australia$257.0K+25,600%
EMEA$89.0K-91.5%

By product

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Service$698.0K+6,245%
Buoy$616.0K+833%
WAMV$389.0K-64.8%

Competitors

Profile

Ocean Power Technologies specializes in intelligent maritime solutions that provide persistent power and data connectivity in remote offshore environments. The company integrates renewable energy platforms, autonomous surface vehicles, and AI-enabled command and control software to serve defense, security, and commercial energy markets. Its core value proposition centers on replacing traditional, human-intensive maritime operations with autonomous, sustainable, and scalable "as-a-service" infrastructure.

Competitive position

OPT differentiates itself through a vertically integrated ecosystem of renewable power generation and autonomous robotics, holding a significant patent portfolio in wave energy and maritime autonomy.

GeographiesUnited States, Middle East, Europe, Asia, Oceania, Americas
Customer segmentsU.S. Department of Defense, Homeland Security, Offshore Energy Companies, Scientific Research Organizations
Business modelSubscription SaaS, Robotics as a Service (RaaS), Data as a Service (DaaS), Manufacturing
SuppliersElectronic component suppliers, Specialized marine materials providers, Satellite communication providers, Battery and energy storage manufacturers
CustomersU.S. Navy, U.S. Coast Guard, NOAA, Offshore wind farm developers, Oil and gas exploration firms
Listed2007
Employees72.0
CEOTracy D. Pagliara
FilingsSEC EDGAR

FAQ

What is Ocean Power Technologies, Inc.'s market cap?
Ocean Power Technologies, Inc. (OPTT) has a market capitalization of $8.1M and trades on AMEX.
What is Ocean Power Technologies, Inc.'s revenue and profitability?
Ocean Power Technologies, Inc. generated $4.3M in trailing twelve-month revenue with a net loss of $52.1M, representing a net margin of -1222.8%. Gross margin stands at -205.0%, with free cash flow of -$28.1M. The latest reported period is Q1 2027.
Who are Ocean Power Technologies, Inc.'s competitors?
Ocean Power Technologies, Inc.'s key competitors include HII Unmanned Systems, L3Harris Technologies, Nauticus Robotics, Inc. Common stock, and others. These companies compete in similar markets and product categories.
Who does Ocean Power Technologies, Inc. partner with?
Ocean Power Technologies, Inc.'s notable partners include Association for Uncrewed Vehicle Systems International.
Where is Ocean Power Technologies, Inc. headquartered?
Ocean Power Technologies, Inc. is headquartered in United States of America and employs approximately 72 people. It has been publicly traded since 2007.