Ocean Power Technologies (OPTT) Operating Expenses (2010 - 2026)
Ocean Power Technologies (OPTT) posted Operating Expenses of $8.4 million for Q1 2026, up 18.54% sequentially from $7.1 million in Q3 2025, and up 37.73% YoY from $6.1 million in Q1 2025.
Ocean Power Technologies (OPTT) Operating Expenses (2010 - 2026) Analysis & Trends
Ocean Power Technologies has reported Operating Expenses for 17 years, with the latest figure at $8.4 million in Q1 2026.
- Quarterly Operating Expenses rose 37.73% year-over-year to $8.4 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $23.1 million (down 0.64% YoY) and the FY2025 annual result came in at $23.3 million, down 27.4% from the prior year.
- Operating Expenses grew to $8.4 million in Q1 2026 per OPTT's latest filing, from $7.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $8.8 million in Q2 2023 and troughed at $4.7 million in Q4 2024.
- A 5-year average of $6.9 million and a median of $6.9 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 95.51% in 2022, then slumped 41.09% in 2024.
- Over 5 years, Operating Expenses stood at $6.4 million in 2022, then grew by 24.75% to $8.0 million in 2023, then slumped by 41.09% to $4.7 million in 2024, then jumped by 49.79% to $7.1 million in 2025, then advanced by 18.54% to $8.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $8.4 million, $7.1 million, and $7.6 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 258.49 Bn | 245.37 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 163.47 Bn | 162.77 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 125.80 Bn | 125.33 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 87.23 Bn | 85.05 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.82 Bn | 77.15 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.78 Bn | 79.95 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.56 Bn | 54.06 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 48.52 Bn | 48.04 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 31.59 Bn | 30.41 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Ocean Power Technologies | 36.07 Mn | 28.97 Mn | -755,000.00 | 8.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |