Ocean Power Technologies (OPTT) Net Income (2010 - 2026)
Ocean Power Technologies (OPTT) posted Net Income of -$11.4 million for Q1 2026, down 53.84% sequentially from -$7.4 million in Q3 2025, and down 69.14% YoY from -$36.8 million in Q1 2025.
Ocean Power Technologies (OPTT) Net Income (2010 - 2026) Analysis & Trends
Ocean Power Technologies has reported Net Income for 17 years, with the latest figure at -$11.4 million in Q1 2026.
- Quarterly Net Income fell 69.14% year-over-year to -$11.4 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was -$26.2 million (down 20.2% YoY) and the FY2025 annual result came in at -$21.5 million, up 21.73% from the prior year.
- Net Income declined to -$11.4 million in Q1 2026 per OPTT's latest filing, from -$7.4 million in the prior quarter.
- Over five years, Net Income peaked at $17.0 million in Q2 2023 and troughed at -$11.4 million in Q1 2026.
- A 5-year average of -$3.7 million and a median of -$6.3 million in 2023 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2024: Net Income surged 421.03% in 2022, then slumped 139.45% in 2024.
- Over 5 years, Net Income stood at -$4.8 million in 2022, then slumped by 48.91% to -$7.2 million in 2023, then jumped 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.
- According to Business Quant data, Net Income over the past three periods registered -$11.4 million, -$7.4 million, and -$7.5 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 649.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 823.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 904.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 718.00 Mn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 968.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 815.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 406.90 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 408.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 258.00 Mn |
| 10 | Ocean Power Technologies | 36.77 Mn | 29.67 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 | 17.04 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 |