Ocean Power Technologies, Inc. income statement OPTT

Annual Quarterly

In Q1 of fiscal 2027, the quarter ended Jul 31, 2026, Ocean Power Technologies, Inc. reported revenue of $300,000, down 74.6% from the same quarter a year earlier. It recorded a net loss of $10.5 million. The operating loss came to $15.1 million, an operating margin of -5025.7%. Diluted earnings per share were -$1.28.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Jul 31, 2026	Q1 FY2027 Jul 31, 2026	Q4 FY2026 Apr 30, 2026	Q3 FY2026 Jan 31, 2026	Q2 FY2026 Oct 31, 2025	Q1 FY2026 Jul 31, 2025	Q4 FY2025 Apr 30, 2025	Q3 FY2025 Jan 31, 2025	Q2 FY2025 Oct 31, 2024
Revenue	-0 -103.2%	0 -74.6%	2 +22.9%	1 -37.8%	0 -82.5%	1 -9.1%	1 -16.3%	1 -54.0%	2 +172.0%
Cost of revenue	13 +185.3%	5 +276.3%	5 +391.4%	1 +101.9%	2 +11.2%	1 +41.1%	1 +54.2%	1 -35.9%	2 +304.7%
Gross profit	-9 -833.5%	-3 -12208.7%	-4 -1802.7%	-1 -483.2%	-1 -273.6%	-0 -105.1%	0 -74.4%	0 -75.8%	1 +62.9%
Research and development	—	—	—	1 -14.3%	0 -50.0%	1 +20.0%	2 +0.0%	1 -53.3%	1 -71.4%
Selling, general and administrative	—	2	1	1	1	—	—	—	—
Other operating income (expense)	—	0	-1	0	-0	—	—	—	—
Operating income	-46 -90.9%	-15 -113.0%	-12 -62.3%	-9 -55.2%	-10 -158.6%	-7 -58.2%	-7 -9.7%	-6 +23.8%	-4 +47.7%
Pretax income	-52 -83.1%	-11 -42.6%	-19 -85.7%	-11 -69.1%	-11 -176.6%	-7 -65.9%	-10 -54.9%	-7 +13.4%	-4 +45.8%
Net income	-52 -90.0%	-11 -42.6%	-19 -106.1%	-11 -69.1%	-11 -176.6%	-7 -65.9%	-9 -39.6%	-7 -3.2%	-4 +45.8%
Basic EPS	-0.27 -5.1%	-1.28 +0.0%	-0.09 -55.8%	-0.06 -50.0%	-0.06 -50.0%	-1.28 -2460.0%	-0.05 +51.2%	-0.04 +63.6%	-0.04 +66.7%
Diluted EPS	-0.27 -5.1%	-1.28 +0.0%	-0.09 -55.8%	-0.06 -50.0%	-0.06 -50.0%	-1.28 -2460.0%	-0.05 +51.2%	-0.04 +63.6%	-0.04 +66.7%
Weighted average shares, basic	195 +80.7%	8 +42.9%	226 +32.3%	195 +32.5%	184 +69.3%	6 -93.0%	171 +186.2%	148 +150.6%	108 +84.4%
Weighted average shares, diluted	195 +80.7%	8 +42.9%	226 +32.3%	195 +32.5%	184 +69.3%	6 -93.0%	171 +186.2%	148 +150.6%	108 +84.4%
Other measures
Depreciation and amortization	—	0	0	0	0	—	—	—	—
EBITDA	—	-15	-12	-9	-10	—	—	—	—
Interest coverage	—	-54.23x	—	—	—	—	—	—	—
Margins
Gross margin	4,796.15%	-943.67%	-232.57%	-147.17%	-325.47%	-1.95%	16.79%	23.88%	32.88%
Operating margin	25,473.63%	-5,025.67%	-744.44%	-1,777.39%	-2,387.50%	-598.82%	-564.06%	-712.12%	-161.91%
Pretax margin	28,606.59%	-3,512.33%	-1,195.12%	-2,215.59%	-2,553.07%	-625.04%	-791.41%	-814.55%	-161.83%
Profit margin	28,606.59%	-3,512.33%	-1,195.12%	-2,215.59%	-2,553.07%	-625.04%	-712.84%	-814.55%	-161.83%
EBITDA margin	—	-4,919.33%	-726.08%	-1,725.34%	-2,331.60%	—	—	—	—

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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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

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.