FY2026 · ended Apr 30, 2026 · Revenue $700,000, -88.1% YoY · Filed Aug 19, 2026
Ocean Power Technologies, Inc. (OPTT) files with the SEC under industry code 4911, Electric Services. In fiscal 2026, which ended Apr 30, 2026, it reported revenue of $700,000 and a net loss of $48.9 million. Free cash flow was -$24.8 million. As of Jul 31, 2026 it held $7.4 million in cash and investments and $11.7 million in total debt.
Revenue (TTM)
$-182,000
-103.2% vs year-ago TTM
Net income (TTM)
$-52.06M
-90.0% vs year-ago TTM
Operating cash flow (TTM)
$-25.41M
-40.3% vs year-ago TTM
Free cash flow (TTM)
$-28.09M
-42.6% vs year-ago TTM
EPS (TTM)
$-0.27
-5.1% vs year-ago TTM
Dividend per share
None
Shares outstanding
270.14M
+52.2% vs prior year
Net cash
$-4.30M
as of Jul 31, 2026
Operating margin
25473.6%
FY 2027
Company profile
- Industry
- Electric Services (SIC 4911)
- Listed as
- OPTT (NYSE)
- Fiscal year ends
- April 30
- Incorporated in
- NJ
- Headquarters
- Monroe Township, NJ
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1378140
Other Electric Services companies
- Nextera Energy Inc NEE
- Southern Co SO
- Constellation Energy Corp CEG
- American Electric Power Co Inc AEP
- Dominion Energy, Inc D
- Entergy Corp /DE/ ETR
- Vistra Corp. VST
- Fortis Inc. FTS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2026 Apr 30, 2026 |
FY 2025 Apr 30, 2025 |
FY 2024 Apr 30, 2024 |
FY 2023 Apr 30, 2023 |
FY 2022 Apr 30, 2022 |
|---|---|---|---|---|---|
| Revenue | $700,000 | $5.9M | $5.5M | $2.7M | $1.8M |
| Operating income | -$38.4M | -$21.7M | -$29.3M | -$29.2M | -$21.6M |
| Net income | -$48.9M | -$24.5M | -$27.5M | -$26.3M | -$18.9M |
| Diluted EPS | -$0.25 | -$0.19 | -$0.47 | -$0.47 | — |
| Operating cash flow | -$20.8M | -$18.6M | -$29.8M | -$21.7M | -$21.3M |
| Free cash flow | -$24.8M | -$19.1M | -$32.3M | -$22.4M | -$21.4M |
| Total assets | $39.9M | $30.8M | $28.7M | $53.4M | $73.4M |
| Total liabilities | $27.4M | $4.1M | $9.4M | $9.4M | $4.6M |
| Stockholders' equity | $12.5M | $26.7M | $19.3M | $44.0M | $68.8M |
| Cash and investments | $8.7M | $6.7M | $3.2M | $34.7M | $57.3M |
| Total debt | $14.1M | $1.8M | $2.6M | $1.8M | $857,000 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale
|
Nov 3, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Auditor change, Other events
|
Oct 28, 2026 | Oct 26, 2026 |
| 8-K/A |
Amended current report
Material agreement, Agreement ended, Officer or director change
|
Oct 7, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement, Agreement ended, Officer or director change
|
Oct 7, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale, Regulation FD disclosure
|
Sep 25, 2026 | Sep 24, 2026 |
| 8-K |
Current report
Material agreement, Agreement ended, Officer or director change, Other events
|
Sep 17, 2026 | Sep 14, 2026 |
All 1000 Ocean Power Technologies, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.