Ocean Power Technologies (OPTT) Operating Expenses (2010 - 2026)

Ocean Power Technologies' (OPTT) quarterly Operating Expenses came in at $8.4 million in Q1 2026, up 37.73% year-on-year from $6.1 million in Q1 2025, and up 18.54% quarter-over-quarter from $7.1 million in Q3 2025.

Ocean Power Technologies (OPTT) Operating Expenses (2010 - 2026) Analysis & Trends

Ocean Power Technologies has disclosed Operating Expenses across 17 years of filings, most recently posting $8.4 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $8.4 million, up 37.73% year-over-year; the trailing twelve-month figure through Jan 2026 was $23.1 million (down 0.64% YoY), and the FY2025 annual result was $23.3 million, down 27.4% from the prior year.
  • Operating Expenses came in at $8.4 million for Q1 2026 at Ocean Power Technologies, up from $7.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $8.8 million in Q2 2023 to a low of $4.7 million in Q4 2024.
  • The 5-year median for Operating Expenses is $6.9 million (2023), against an average of $6.9 million.
  • Across the five-year window, Operating Expenses surged 95.51% in 2022 and slumped 41.09% in 2024, its largest moves.
  • Ocean Power Technologies' Operating Expenses stood at $6.4 million in 2022, then advanced by 24.75% to $8.0 million in 2023, then slumped by 41.09% to $4.7 million in 2024, then surged by 49.79% to $7.1 million in 2025, then rose by 18.54% to $8.4 million in 2026.
  • The last three Operating Expenses figures came in at $8.4 million (Q1 2026), $7.1 million (Q3 2025), and $7.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 1.60 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 884.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn -
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 658.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 492.23 Mn
10 Ocean Power Technologies 56.95 Mn 49.89 Mn -755,000.00 8.36 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 8.36 Mn
Jul 31, 2025 7.06 Mn
Apr 30, 2025 7.64 Mn
Jan 31, 2025 6.07 Mn
Oct 31, 2024 4.71 Mn
Jul 31, 2024 4.92 Mn
Apr 30, 2024 7.51 Mn
Jan 31, 2024 8.55 Mn
Oct 31, 2023 8.00 Mn
Jul 31, 2023 8.10 Mn
Apr 30, 2023 8.79 Mn
Jan 31, 2023 6.82 Mn
Oct 31, 2022 6.41 Mn
Jul 31, 2022 6.32 Mn
Apr 30, 2022 6.00 Mn
Jan 31, 2022 5.44 Mn
Oct 31, 2021 5.13 Mn
Jul 31, 2021 4.88 Mn
Apr 30, 2021 3.59 Mn
Jan 31, 2021 2.78 Mn