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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-27.1%
Enterprise value$61.96M-28.5%
P/S19.5×+3.8×

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:ShareBasedCompensation.

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 stock-based comp?
Ocean Power Technologies (OPTT) reported stock-based comp of $2.6M in Q4 2025.
How has Ocean Power Technologies's stock-based comp changed year-over-year?
Ocean Power Technologies's stock-based comp increased by 232.5% year-over-year, from $782K to $2.6M.
What is the long-term trend for Ocean Power Technologies's stock-based comp?
Over 3 years (2022 to 2025), Ocean Power Technologies's stock-based comp has grown at a 57.9% compound annual growth rate (CAGR), from $1.17M to $4.61M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.