Ocean Power Technologies OPTT
NYSE OPTT
$1.02 +0.01 (+0.99%)
At close: Oct 2, 2026 · 4:00 PM EDT

Ocean Power Technologies (OPTT) Depreciation and Depletion (2018 - 2026)

Updated

Ocean Power Technologies (OPTT) recorded Depreciation and Depletion of $234,000 in fiscal Q3 2026 (quarter ended Jan 31, 2026), up 51.0% from $155,000 a year earlier.

Analysis

Ocean Power Technologies (OPTT) Depreciation and Depletion (2018 - 2026) Analysis & Trends

On a TTM basis, Ocean Power Technologies' Depreciation and Depletion came in at $750,000 as of Jan 31, 2026, up 0.7% year-over-year; for FY2025 (ended Apr 30, 2025), it came in at $771,000, up 83.6% from FY2024.

  • Annual Depreciation and Depletion has increased for four straight fiscal years, with a five-year compound annual growth rate of 31.0% (FY2020 to FY2025).
  • Across earlier fiscal years, Depreciation and Depletion came in at $420,000 in FY2024 (+129.5%), $183,000 in FY2023 (+27.1%), $144,000 in FY2022 (+44.0%) and $100,000 in FY2021 (-50.0%).
  • The fiscal Q3 2026 figure is the highest quarterly Depreciation and Depletion since fiscal Q2 2025.
  • On a year-over-year basis, Depreciation and Depletion rose in six of the last seven quarters, with growth averaging 122.5%.
  • Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 415.4% in fiscal Q4 2024, against a decline of 35.0% in fiscal Q4 2023 at the low end.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Depletion (Qtr)
1 General Electric 321.31 Bn 275.31 Bn 4.68 Bn -
2 Rtx 248.97 Bn 222.19 Bn 5.13 Bn -
3 Boeing 152.99 Bn 59.70 Bn 2.41 Bn -
4 Lockheed Martin 116.67 Bn 103.39 Bn 2.45 Bn -
5 Howmet Aerospace 92.54 Bn 88.15 Bn 951.00 Mn -
6 General Dynamics 89.31 Bn 76.42 Bn 2.18 Bn 175.00 Mn
7 Motorola Solutions 74.04 Bn 70.40 Bn 1.68 Bn 53.00 Mn
8 Northrop Grumman 67.90 Bn 57.15 Bn 2.12 Bn -
9 Honeywell International 67.82 Bn 20.27 Bn 3.65 Bn 156.00 Mn
10 Ocean Power Technologies 7.77 Mn -24.58 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jan 31, 2026 234,000.00
Jul 31, 2025 200,000.00
Apr 30, 2025 161,000.00
Jan 31, 2025 155,000.00
Oct 31, 2024 252,000.00
Jul 31, 2024 204,000.00
Apr 30, 2024 134,000.00
Jan 31, 2024 114,000.00
Oct 31, 2023 101,000.00
Jul 31, 2023 71,000.00
Apr 30, 2023 26,000.00
Jan 31, 2023 40,000.00
Oct 31, 2022 74,000.00
Jul 31, 2022 43,000.00
Apr 30, 2022 40,000.00
Jan 31, 2022 34,000.00
Oct 31, 2021 30,000.00
Jul 31, 2021 40,000.00
Apr 30, 2021 -105.90 Mn
Jan 31, 2021 33,000.00
API Access

Ocean Power Technologies Depreciation and Depletion 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=depreciation-and-depletion&ticker=OPTT&period=max&api_key=YOUR_API_KEY