Ocean Power Technologies (OPTT) EBIT (2010 - 2026)
Ocean Power Technologies (OPTT) posted EBIT of -$9.1 million for Q1 2026, down 28.82% sequentially from -$7.1 million in Q3 2025, and down 55.2% YoY from -$20.4 million in Q1 2025.
Ocean Power Technologies (OPTT) EBIT (2010 - 2026) Analysis & Trends
Ocean Power Technologies has reported EBIT for 17 years, with the latest figure at -$9.1 million in Q1 2026.
- Quarterly EBIT fell 55.2% year-over-year to -$9.1 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was -$29.5 million (down 40.27% YoY) and the FY2025 annual result came in at -$21.7 million, up 26.06% from the prior year.
- EBIT slipped to -$9.1 million in Q1 2026 per OPTT's latest filing, from -$7.1 million in the prior quarter.
- Over five years, EBIT peaked at -$3.9 million in Q4 2024 and troughed at -$9.9 million in Q2 2023.
- A 5-year average of -$6.7 million and a median of -$6.9 million in 2023 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2024: EBIT plunged 73.63% in 2022, then surged 47.69% in 2024.
- Over 5 years, EBIT stood at -$6.3 million in 2022, then decreased by 19.17% to -$7.5 million in 2023, then soared by 47.69% to -$3.9 million in 2024, then sank by 80.79% to -$7.1 million in 2025, then dropped by 28.82% to -$9.1 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered -$9.1 million, -$7.1 million, and -$7.4 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 653.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 1.39 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 1.13 Bn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 1.31 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 1.15 Bn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 528.19 Mn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 481.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 380.30 Mn |
| 10 | Ocean Power Technologies | 36.25 Mn | 29.15 Mn | -755,000.00 | -9.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -9.12 Mn |
| Jul 31, 2025 | -7.08 Mn |
| Apr 30, 2025 | -7.42 Mn |
| Jan 31, 2025 | -5.88 Mn |
| Oct 31, 2024 | -3.92 Mn |
| Jul 31, 2024 | -4.47 Mn |
| Apr 30, 2024 | -6.76 Mn |
| Jan 31, 2024 | -7.71 Mn |
| Oct 31, 2023 | -7.48 Mn |
| Jul 31, 2023 | -7.38 Mn |
| Apr 30, 2023 | -9.89 Mn |
| Jan 31, 2023 | -7.06 Mn |
| Oct 31, 2022 | -6.28 Mn |
| Jul 31, 2022 | -5.99 Mn |
| Apr 30, 2022 | -5.85 Mn |
| Jan 31, 2022 | -5.49 Mn |
| Oct 31, 2021 | -5.19 Mn |
| Jul 31, 2021 | -5.03 Mn |
| Apr 30, 2021 | -4.02 Mn |
| Jan 31, 2021 | -3.16 Mn |