Growth Metrics

Ocean Power Technologies (OPTT) Cost of Revenue (2016 - 2026)

Ocean Power Technologies' Cost of Revenue history spans 17 years, with the latest figure at $1.3 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 101.91% to $1.3 million in Q1 2026 year-over-year; TTM through Jan 2026 was $4.2 million, a 9.99% increase, with the full-year FY2025 number at $4.2 million, up 55.65% from a year prior.
  • Cost of Revenue hit $1.3 million in Q1 2026 for Ocean Power Technologies, up from $1.2 million in the prior quarter.
  • Over the last five years, Cost of Revenue for OPTT hit a ceiling of $20.2 million in Q2 2022 and a floor of $264000.0 in Q4 2022.
  • Historically, Cost of Revenue has averaged $2.0 million across 5 years, with a median of $782000.0 in 2024.
  • Biggest five-year swings in Cost of Revenue: surged 1858.49% in 2022 and later tumbled 94.48% in 2023.
  • Tracing OPTT's Cost of Revenue over 5 years: stood at $264000.0 in 2022, then soared by 51.89% to $401000.0 in 2023, then surged by 304.74% to $1.6 million in 2024, then dropped by 25.75% to $1.2 million in 2025, then increased by 5.23% to $1.3 million in 2026.
  • Business Quant data shows Cost of Revenue for OPTT at $1.3 million in Q1 2026, $1.2 million in Q3 2025, and $1.1 million in Q2 2025.