Ocean Power Technologies (OPTT) Cost of Revenue (2010 - 2026)
Ocean Power Technologies (OPTT) reported Cost of Revenue of $1.27 million for fiscal Q3 2026 (quarter ended Jan 31, 2026), up 101.9% from $628,000 a year earlier.
Ocean Power Technologies (OPTT) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the twelve months ended Jan 31, 2026, Ocean Power Technologies' Cost of Revenue came in at $4.2 million, up 10.0% year-over-year; for FY2025 (ended Apr 30, 2025), it came in at $4.2 million, up 55.7% from FY2024.
- Cost of Revenue has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 18.6% (FY2020 to FY2025).
- By fiscal year, Cost of Revenue came in at $2.7 million in FY2024 (+8.1%), $2.5 million in FY2023 (+34.2%), $1.86 million in FY2022 (-18.4%) and $2.28 million in FY2021 (+27.5%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Cost of Revenue since fiscal Q2 2025.
- Year over year, Cost of Revenue gained in five of the last seven quarters, with growth averaging 67.2%.
- The high point for year-over-year Cost of Revenue in five years was fiscal Q2 2025 (growth of 304.7%); the low point was fiscal Q4 2022 (a decline of 47.6%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 321.31 Bn | 275.31 Bn | 4.68 Bn | 8.67 Bn |
| 2 | Rtx | 248.97 Bn | 222.19 Bn | 5.13 Bn | 19.58 Bn |
| 3 | Boeing | 152.99 Bn | 59.70 Bn | 2.41 Bn | 22.15 Bn |
| 4 | Lockheed Martin | 116.67 Bn | 103.39 Bn | 2.45 Bn | 17.62 Bn |
| 5 | Howmet Aerospace | 92.54 Bn | 88.15 Bn | 951.00 Mn | 1.60 Bn |
| 6 | General Dynamics | 89.31 Bn | 76.42 Bn | 2.18 Bn | 11.91 Bn |
| 7 | Motorola Solutions | 74.04 Bn | 70.40 Bn | 1.68 Bn | 1.46 Bn |
| 8 | Northrop Grumman | 67.90 Bn | 57.15 Bn | 2.12 Bn | 8.76 Bn |
| 9 | Honeywell International | 67.82 Bn | 20.27 Bn | 3.65 Bn | 6.07 Bn |
| 10 | Ocean Power Technologies | 7.77 Mn | -24.58 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 1.27 Mn |
| Jul 31, 2025 | 1.21 Mn |
| Apr 30, 2025 | 1.10 Mn |
| Jan 31, 2025 | 628,000.00 |
| Oct 31, 2024 | 1.62 Mn |
| Jul 31, 2024 | 854,000.00 |
| Apr 30, 2024 | 710,000.00 |
| Jan 31, 2024 | 979,000.00 |
| Oct 31, 2023 | 401,000.00 |
| Jul 31, 2023 | 609,000.00 |
| Apr 30, 2023 | 1.11 Mn |
| Jan 31, 2023 | 598,000.00 |
| Oct 31, 2022 | 264,000.00 |
| Jul 31, 2022 | 520,000.00 |
| Apr 30, 2022 | 540,000.00 |
| Jan 31, 2022 | 597,000.00 |
| Oct 31, 2021 | 300,000.00 |
| Jul 31, 2021 | 423,000.00 |
| Apr 30, 2021 | 1.03 Mn |
| Jan 31, 2021 | 698,000.00 |
Ocean Power Technologies Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OPTT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "OPTT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OPTT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();