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Other product segments

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$329K
Buoy
$62K-63.7%

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Other financials

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

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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

Reported directly by Ocean Power Technologies in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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 WAMV — revenue?
Ocean Power Technologies (OPTT) reported WAMV — revenue of $122K in Q4 2025.
How has Ocean Power Technologies's WAMV — revenue changed year-over-year?
Ocean Power Technologies's WAMV — revenue decreased by 81.3% year-over-year, from $654K to $122K.
What is the long-term trend for Ocean Power Technologies's WAMV — revenue?
Over 3 years (2022 to 2025), Ocean Power Technologies's WAMV — revenue has grown at a 117.8% compound annual growth rate (CAGR), from $401K to $4.14M.
What does WAMV — revenue mean?
This metric represents the total gross revenue generated specifically from the Wave Adaptive Modular Vessel (WAMV) product line and associated services. It reflects the market adoption and commercial traction of the company's autonomous surface vehicle technology within defense, research, and offshore sectors. Tracking this revenue stream helps investors evaluate the growth trajectory and competitive positioning of the company's specialized maritime hardware offerings.