Ocean Power Technologies OPTT
NYSE OPTT
$0.18 0.00 (-2.23%)
At close: Aug 21, 2026 · 4:00 PM EDT

Ocean Power Technologies (OPTT) Gross Profit (2010 - 2026)

Ocean Power Technologies (OPTT) posted Gross Profit of -$755000.0 for Q1 2026, down 3182.61% sequentially from -$23000.0 in Q3 2025, and down 483.25% YoY from $197000.0 in Q1 2025.

Ocean Power Technologies (OPTT) Gross Profit (2010 - 2026) Analysis & Trends

Ocean Power Technologies has reported Gross Profit for 17 years, with the latest figure at -$755000.0 in Q1 2026.

  • Quarterly Gross Profit fell 483.25% year-over-year to -$755000.0 in Q1 2026, while the trailing twelve-month figure through Jan 2026 was -$360000.0 (down 115.65% YoY) and the FY2025 annual result came in at $1.7 million, down 41.26% from the prior year.
  • Gross Profit retreated to -$755000.0 in Q1 2026 per OPTT's latest filing, from -$23000.0 in the prior quarter.
  • Over five years, Gross Profit peaked at $862000.0 in Q2 2024 and troughed at -$755000.0 in Q1 2026.
  • A 5-year average of $252875.0 and a median of $206500.0 in 2022 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2023 and 2026: Gross Profit soared 1151.28% in 2023, then plunged 483.25% in 2026.
  • Over 5 years, Gross Profit stood at $39000.0 in 2022, then jumped by 1151.28% to $488000.0 in 2023, then jumped by 62.91% to $795000.0 in 2024, then sank by 102.89% to -$23000.0 in 2025, then sank by 3182.61% to -$755000.0 in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered -$755000.0, -$23000.0, and $221000.0 for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GE Vernova 256.94 Bn 243.82 Bn 2.36 Bn
2 Eaton 163.14 Bn 162.45 Bn 2.86 Bn
3 Parker-Hannifin 126.50 Bn 126.02 Bn 2.02 Bn
4 Emerson Electric 87.87 Bn 85.69 Bn 2.66 Bn
5 Cummins 81.13 Bn 76.46 Bn 2.47 Bn
6 Illinois Tool Works 80.86 Bn 80.02 Bn 1.90 Bn
7 Ametek 54.87 Bn 54.38 Bn 735.04 Mn
8 Rockwell Automation 48.51 Bn 48.03 Bn 1.14 Bn
9 Ingersoll Rand 31.31 Bn 30.14 Bn 862.60 Mn
10 Ocean Power Technologies 36.77 Mn 29.67 Mn -755,000.00

Historic Data

Download Data
DateValue
Jan 31, 2026 -755,000.00
Jan 31, 2026 -755,000.00
Jul 31, 2025 -23,000.00
Jul 31, 2025 -23,000.00
Apr 30, 2025 221,000.00
Apr 30, 2025 221,000.00
Jan 31, 2025 197,000.00
Jan 31, 2025 197,000.00
Oct 31, 2024 795,000.00
Oct 31, 2024 795,000.00
Jul 31, 2024 447,000.00
Jul 31, 2024 447,000.00
Apr 30, 2024 862,000.00
Apr 30, 2024 862,000.00
Jan 31, 2024 813,000.00
Jan 31, 2024 813,000.00
Oct 31, 2023 488,000.00
Oct 31, 2023 488,000.00
Jul 31, 2023 663,000.00
Jul 31, 2023 663,000.00