Ocean Power Technologies (OPTT) Net Income (2016 - 2026)
Ocean Power Technologies (OPTT) has disclosed Net Income for 17 consecutive years, with -$11.4 million as the latest value for Q1 2026.
- Quarterly Net Income fell 69.14% to -$11.4 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was -$26.2 million through Jan 2026, down 20.2% year-over-year, with the annual reading at -$21.5 million for FY2025, 21.73% up from the prior year.
- Net Income hit -$11.4 million in Q1 2026 for 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.
- Historically, Net Income has averaged -$5.3 million across 5 years, with a median of -$6.6 million in 2024.
- Biggest five-year swings in Net Income: skyrocketed 398.31% in 2022 and later plummeted 161.33% in 2023.
- Year by year, Net Income stood at -$4.8 million in 2022, then plummeted by 48.91% to -$7.2 million in 2023, then skyrocketed by 45.75% to -$3.9 million in 2024, then crashed by 88.81% to -$7.4 million in 2025, then tumbled by 53.84% to -$11.4 million in 2026.
- Business Quant data shows Net Income for OPTT at -$11.4 million in Q1 2026, -$7.4 million in Q3 2025, and -$7.5 million in Q2 2025.