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Other financials

Income statement

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Revenue$513.0K-37.8%
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

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Market cap$66.85M-25.5%
Enterprise value$61.96M-26.8%
P/S19.5×+4.2×

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

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

Where this comes from

Calculated from Ocean Power Technologies’s reported figures.

The official record: Ocean Power Technologies’s 10-Q, filed March 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ocean Power Technologies's gross profit?
Ocean Power Technologies (OPTT) reported gross profit of -$755K in Q4 2025.
How has Ocean Power Technologies's gross profit changed year-over-year?
Ocean Power Technologies's gross profit decreased by 483.2% year-over-year, from $197K to -$755K.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.