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OPTT:NYSEAMERICAN
Ocean Power Technologies Inc
$0.15
-18.35%
(-0.034) 1D
$0.15
+2.87% (+0.0043)
After hours
Closed: Jul 24, 4:00:00 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for OPTT...
Open
$0.18
High
$0.18
Low
$0.14
Mkt. cap
39.06M
Avg. vol.
3.87M
Volume
15.65M
52-wk high
$0.72
52-wk low
$0.14
EPS
-$0.20
Beta
2.57
Shares outstanding
255.17M
No. of employees
53
Open
$0.18
High
$0.18
Low
$0.14
Mkt. cap
39.06M
Avg. vol.
3.87M
Volume
15.65M
52-wk high
$0.72
52-wk low
$0.14
EPS
-$0.20
Beta
2.57
Shares outstanding
255.17M
No. of employees
53
News stories
From sources across the web
Profile
Ocean Power Technologies is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remote offshore applications. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from wave power can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the economic viability of the theoretical concept has been problematic. Ocean Power was involved in several large PowerBuoy projects, including a very large Australian project with Lockheed Martin from 2012–2014, when they determined that "the project wasn’t 'commercially viable,' and [the company] changed its strategy. It has since commercialized the technology by providing power and communications to remote sites such as offshore oil fields." Ocean Power Technologies Australasia Pty Ltd, OPTA is an Australian-owned subsidiary of Ocean Power Technologies Inc, previously engaged in wave power projects in Australia. Ocean Power Technologies Limited is the UK-based wholly owned subsidiary. Wikipedia
About Ocean Power Technologies Inc
CEOPhilipp Stratmann
Employees53
Founded1984
HeadquartersMonroe Township, New Jersey, United States
Sectorcapital good
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Jul 2025
Oct 2025
Jan 2026
Apr 2026
Revenue
1.18M
424.00K
513.00K
1.96M
Cost of goods sold
1.20M
1.80M
1.27M
7.93M
Cost of revenue
1.20M
1.80M
1.27M
7.93M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
7.06M
8.74M
8.36M
8.66M
Operating expense
7.06M
8.74M
8.36M
8.66M
Total operating expenses
8.26M
10.55M
9.63M
16.59M
Operating income
-7.08M
-10.12M
-9.12M
-14.64M
Other non operating income
-
-
-1.52M
1.76M
EBT including unusual items
-7.39M
-10.82M
-11.37M
-15.25M
EBT excluding unusual items
-7.39M
-10.70M
-11.37M
-14.06M
Income tax expense
-
-
-
-
Effective tax rate
-
-
-
-
Other operating expenses
-
-
-
-
Net income
-7.39M
-10.82M
-11.37M
-15.25M
Net profit margin
-625.04%
-2,553.07%
-2,215.59%
-
Earnings per share
-
-
-
-
Interest and investment income
-
-
-
-
Interest expense
-310.00K
-564.00K
-726.00K
-1.18M
Net interest expenses
-310.00K
-564.00K
-726.00K
-1.18M
Depreciation and amortization charges
-
-
-
-
EBITDA
-6.85M
-9.89M
-8.85M
-14.34M
Gain or loss from assets sale
-
-
-
-
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