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Ocean Power Technologies (OPTT) Operating Expenses (2016 - 2026)

Ocean Power Technologies' Operating Expenses history spans 16 years, with the latest figure at $7.1 million for Q3 2025.

  • For Q3 2025, Operating Expenses rose 43.39% year-over-year to $7.1 million; the TTM value through Oct 2025 reached $20.8 million, down 19.36%, while the annual FY2025 figure was $23.3 million, 27.56% down from the prior year.
  • Operating Expenses for Q3 2025 was $7.1 million at Ocean Power Technologies, down from $7.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $8.8 million in Q2 2023 and bottomed at $2.8 million in Q1 2021.
  • The 5-year median for Operating Expenses is $6.3 million (2022), against an average of $6.3 million.
  • The largest annual shift saw Operating Expenses soared 95.51% in 2022 before it plummeted 41.1% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $5.1 million in 2021, then increased by 24.91% to $6.4 million in 2022, then grew by 24.78% to $8.0 million in 2023, then tumbled by 41.1% to $4.7 million in 2024, then soared by 49.79% to $7.1 million in 2025.
  • Per Business Quant, the three most recent readings for OPTT's Operating Expenses are $7.1 million (Q3 2025), $7.6 million (Q2 2025), and $6.1 million (Q1 2025).