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| 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 |