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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%
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

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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

Reported directly by Ocean Power Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

Filed
Sep 14, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q3 2026
Accession
0001493152-26-042579
Line item2026 / Three months ended July 31,2025 / Three months ended July 31,
Interest income/(expense), net(373)(310)
Change in fair value of derivative4,912—
Foreign exchange loss1—
Loss before income taxes(10,537)(7,388)
Income tax benefit——
Net loss(10,537)(7,388)
Basic and diluted net loss per share$(1.28)$(1.28)
Weighted average shares used to compute basic and diluted net loss per common share8,236,6175,765,639

Cover / Front Matter

FAQ

What is Ocean Power Technologies, Inc.'s net income?
Ocean Power Technologies, Inc. (OPTT) reported net income of -$10.54M in Q2 2026.
How has Ocean Power Technologies, Inc.'s net income changed year-over-year?
Ocean Power Technologies, Inc.'s net income decreased by 42.6% year-over-year, from -$7.39M to -$10.54M.
What is the long-term trend for Ocean Power Technologies, Inc.'s net income?
Over 4 years (2022 to 2026), Ocean Power Technologies, Inc.'s net income has grown at a 26.9% compound annual growth rate (CAGR), from -$18.87M to -$48.92M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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