Q1 FY2027 · ended Jul 31, 2026 · Revenue $300,000, -74.6% YoY · Filed Sep 14, 2026
Ocean Power Technologies, Inc. (OPTT) files with the SEC under industry code 4911, Electric Services. In Q1 of fiscal 2027, the quarter ended Jul 31, 2026, it reported revenue of $300,000 and a net loss of $10.5 million. Free cash flow was -$10.4 million. As of Jul 31, 2026 it held $7.4 million in cash and investments and $11.7 million in total debt.
Revenue
$300,000
-74.6% vs year-ago quarter
Net income
$-10.54M
-42.6% vs year-ago quarter
Operating cash flow
$-10.24M
-82.7% vs year-ago quarter
Free cash flow
$-10.36M
-46.8% vs year-ago quarter
EPS
$-1.28
+0.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
9.00M
-95.1% vs year-ago quarter
Net cash
$-4.30M
Q1 FY2027
Operating margin
25473.6%
TTM
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; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | 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 |
|---|---|---|---|---|---|
| Revenue | $300,000 | $1.6M | $513,000 | $424,000 | $1.2M |
| Operating income | -$15.1M | -$12.0M | -$9.1M | -$10.1M | -$7.1M |
| Net income | -$10.5M | -$19.3M | -$11.4M | -$10.8M | -$7.4M |
| Diluted EPS | -$1.28 | -$0.09 | -$0.06 | -$0.06 | -$1.28 |
| Operating cash flow | -$10.2M | -$851,000 | -$6.8M | -$7.5M | -$5.6M |
| Free cash flow | -$10.4M | -$3.1M | -$6.8M | -$7.8M | -$7.1M |
| Total assets | $38.7M | $39.9M | $41.1M | $39.3M | $36.6M |
| Total liabilities | $30.3M | $27.4M | $21.1M | $17.0M | $12.4M |
| Stockholders' equity | $8.5M | $12.5M | $20.1M | $22.3M | $24.2M |
| Cash and investments | $7.4M | $8.7M | $7.1M | $11.7M | $9.9M |
| Total debt | $11.7M | $14.1M | $2.3M | $2.6M | $1.6M |
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.