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Ocean Power Technologies (OPTT) Gross Profit (2016 - 2026)

Ocean Power Technologies (OPTT) has disclosed Gross Profit for 17 consecutive years, with -$755000.0 as the latest value for Q1 2026.

  • Quarterly Gross Profit fell 483.25% to -$755000.0 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was -$360000.0 through Jan 2026, down 115.65% year-over-year, with the annual reading at $1.7 million for FY2025, 41.26% down from the prior year.
  • Gross Profit hit -$755000.0 in Q1 2026 for Ocean Power Technologies, down from -$23000.0 in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $862000.0 in Q2 2024 to a low of -$755000.0 in Q1 2026.
  • Historically, Gross Profit has averaged $252875.0 across 5 years, with a median of $206500.0 in 2022.
  • Biggest five-year swings in Gross Profit: soared 1151.28% in 2023 and later tumbled 483.25% in 2026.
  • Year by year, Gross Profit stood at $39000.0 in 2022, then skyrocketed by 1151.28% to $488000.0 in 2023, then skyrocketed by 62.91% to $795000.0 in 2024, then plummeted by 102.89% to -$23000.0 in 2025, then plummeted by 3182.61% to -$755000.0 in 2026.
  • Business Quant data shows Gross Profit for OPTT at -$755000.0 in Q1 2026, -$23000.0 in Q3 2025, and $221000.0 in Q2 2025.