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Other financials

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%

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×

Where this comes from

Calculated from Ocean Power Technologies, Inc.’s reported figures.

The source filing: Ocean Power Technologies, Inc.’s 10-Q, filed September 14, 2026. Open the filing →

Filed
Sep 14, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q3 2026
Accession
0001493152-26-042579

FAQ

What is Ocean Power Technologies, Inc.'s free cash flow?
Ocean Power Technologies, Inc. (OPTT) reported free cash flow of -$10.36M in Q2 2026.
How has Ocean Power Technologies, Inc.'s free cash flow changed year-over-year?
Ocean Power Technologies, Inc.'s free cash flow decreased by 46.8% year-over-year, from -$7.06M to -$10.36M.
What is the long-term trend for Ocean Power Technologies, Inc.'s free cash flow?
Over 4 years (2022 to 2026), Ocean Power Technologies, Inc.'s free cash flow has grown at a 3.7% compound annual growth rate (CAGR), from -$21.44M to -$24.78M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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