Ocean Power Technologies (OPTT) Net Income (2010 - 2026)
Ocean Power Technologies' (OPTT) quarterly Net Income came in at -$11.4 million in Q1 2026, down 69.14% year-on-year from -$36.8 million in Q1 2025, and down 53.84% quarter-over-quarter from -$7.4 million in Q3 2025.
Ocean Power Technologies (OPTT) Net Income (2010 - 2026) Analysis & Trends
Ocean Power Technologies has disclosed Net Income across 17 years of filings, most recently posting -$11.4 million for Q1 2026.
- Net Income for Q1 2026 came in at -$11.4 million, down 69.14% year-over-year; the trailing twelve-month figure through Jan 2026 was -$26.2 million (down 20.2% YoY), and the FY2025 annual result was -$21.5 million, up 21.73% from the prior year.
- Net Income came in at -$11.4 million for Q1 2026 at Ocean Power Technologies, down from -$7.4 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $15.5 million in Q2 2022 to a low of -$11.4 million in Q1 2026.
- The 5-year median for Net Income is -$6.6 million (2024), against an average of -$5.3 million.
- Across the five-year window, Net Income soared 421.03% in 2022 and slumped 161.5% in 2023, its largest moves.
- Ocean Power Technologies' Net Income stood at -$4.8 million in 2022, then slumped by 48.91% to -$7.2 million in 2023, then surged by 45.75% to -$3.9 million in 2024, then sank by 88.81% to -$7.4 million in 2025, then tumbled by 53.84% to -$11.4 million in 2026.
- The last three Net Income figures came in at -$11.4 million (Q1 2026), -$7.4 million (Q3 2025), and -$7.5 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 4.75 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 867.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 904.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 680.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 618.00 Mn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 768.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 399.36 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 351.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | -316,000.00 |
| 10 | Ocean Power Technologies | 56.95 Mn | 49.89 Mn | -755,000.00 | -11.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -11.37 Mn |
| Jul 31, 2025 | -7.39 Mn |
| Apr 30, 2025 | -7.46 Mn |
| Jan 31, 2025 | -6.72 Mn |
| Oct 31, 2024 | -3.91 Mn |
| Jul 31, 2024 | -4.45 Mn |
| Apr 30, 2024 | -6.72 Mn |
| Jan 31, 2024 | -6.51 Mn |
| Oct 31, 2023 | -7.21 Mn |
| Jul 31, 2023 | -7.04 Mn |
| Apr 30, 2023 | -9.54 Mn |
| Jan 31, 2023 | -6.09 Mn |
| Oct 31, 2022 | -4.84 Mn |
| Jul 31, 2022 | -5.85 Mn |
| Apr 30, 2022 | 15.51 Mn |
| Jan 31, 2022 | -5.47 Mn |
| Oct 31, 2021 | -5.17 Mn |
| Jul 31, 2021 | -3.08 Mn |
| Apr 30, 2021 | -4.83 Mn |
| Jan 31, 2021 | -3.15 Mn |