Ocean Power Technologies OPTT
NYSE OPTT
$0.18 -0.02 (-10.00%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
DateValue
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