Ocean Power Technologies, Inc.
About Ocean Power Technologies, Inc.
Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
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Financial summary
- Revenue FY2025
- $5.9M
- Net income
- -$21.5M
- Total assets
- $30.8M
- Market cap
- $66.4M
- Gross margin
- 28.3%
- Operating margin
- -370.0%
- Net margin
- -367.0%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $5.9M
- Cost of revenue
- $4.2M
- Gross profit
- $1.7M
- Operating expenses
- $23.3M
- Operating income
- -$21.7M
- Income tax
- -$1.0M
- Net income
- -$21.5M
- EPS (basic)
- $-0.17
- EPS (diluted)
- $-0.17
Balance sheet
- Total assets
- $30.8M
- Current assets
- $13.6M
- Total liabilities
- $4.1M
- Current liabilities
- $3.3M
- Shareholders’ equity
- $26.7M
Cash flow
- Operating cash flow
- -$18.6M
- Investing cash flow
- -$505.0K
- Financing cash flow
- $22.7M
- Net cash flow
- $3.6M
Statements via Polygon.io (SEC filings)
- Market cap
- $66.4M
- EPS (diluted)
- $-0.17
- Shares outstanding
- 221.4M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Apr 24, 2007
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $21.5M in FY2025.
- Revenue grew 386% from FY2021 to FY2025.
- Gross margin of 28.3%, net margin -367.0%.
- Trading 64% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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