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Ocean Power Technologies OPTT Q3 2026 earnings

Reported March 17, 2026 · After market close

Revenue$513.0KMiss by $1.4M
EPS-$0.05In line
Revenue estimate$1.9M
EPS estimate-$0.05

Next report

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

Financials

Q3 2026

Income statement

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Revenue$513.0K-37.8%
Gross profit-$755.0K-483%
Operating income-$9.1M-55.2%
Net income-$11.4M-69.1%
EPS (diluted)-$0.06-50.0%

Balance sheet

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Cash & equivalents$7.2M-29.2%
Total debt$2.3M+12.4%
Total equity$20.1M-30.5%
Total assets$41.1M+19.6%

Cash flow

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Operating cash flow-$6.8M-81.6%
CapEx$35.0K-84.2%
Free cash flow-$6.8M-72.3%

Valuation & ratios

Valuation

as of 01/31/26
See full
Market cap$97.42M+1.7%
Enterprise value$92.53M+5.5%
P/S28.4×+12.7×

Profitability

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Gross margin-56.4%-94.0pp
Operating margin-982.3%-2,128pp
Net margin-1,048.2%-2,164pp
FCF margin-752.2%-5,743pp

Returns & leverage

See full
Return on equity-147%+694pp
Debt / equity0.1×0.0×
Current ratio1.1×-2.8×

Segments

By geography

See full
Region$513.0K-37.8%
Asia And Australia$295.0K—
EMEA$136.0K-72.7%
North And South America$82.0K-74.8%

By product

See full
Service$329.0K—
WAMV$122.0K-81.3%
Buoy$62.0K-63.7%

FAQ

When did Ocean Power Technologies report Q3 2026 earnings?
Ocean Power Technologies (OPTT) reported Q3 2026 earnings on March 17, 2026 after market close.
What were Ocean Power Technologies's Q3 2026 revenue and EPS?
Ocean Power Technologies reported revenue of $513.0K and eps of $-0.05 for Q3 2026.
Did Ocean Power Technologies beat estimates in Q3 2026?
Revenue missed the consensus estimate of $1.9M by $1.4M. EPS beat the consensus estimate of $-0.05 by $0.00.
How did Ocean Power Technologies's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 37.8% from $825.0K a year earlier and eps declined 66.7% from $-0.03.
Where can I find Ocean Power Technologies's Q3 2026 SEC filings?
You can read the 10-Q periodic report (0001493152-26-010556) directly on SEC EDGAR. The filing index links above go to sec.gov.