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

Ocean Power Technologies (OPTT) reported Operating Expenses of $8.4 million for Q1 2026, up 37.73% on a YoY basis from $6.1 million in Q1 2025, and up 18.54% sequentially from $7.1 million in Q3 2025.

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

Ocean Power Technologies (OPTT) has 17 years of Operating Expenses data on file, last reported at $8.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 37.73% year-over-year to $8.4 million; the trailing twelve-month figure through Jan 2026 stood at $23.1 million (down 0.64% YoY), and the FY2025 full-year result was $23.3 million, down 27.4% from the prior year.
  • Operating Expenses grew to $8.4 million in Q1 2026, 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.
  • A 5-year average of $6.9 million and a median of $6.9 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 95.51% in 2022 and plunged 41.09% in 2024, its largest moves.
  • Tracing OPTT's Operating Expenses over 5 years: stood at $6.4 million in 2022, then gained by 24.75% to $8.0 million in 2023, then tumbled by 41.09% to $4.7 million in 2024, then jumped by 49.79% to $7.1 million in 2025, then increased by 18.54% to $8.4 million in 2026.
  • Business Quant data shows OPTT's Operating Expenses at $8.4 million in Q1 2026, $7.1 million in Q3 2025, and $7.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 1.71 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 884.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 658.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 370.70 Mn
10 Ocean Power Technologies 29.32 Mn 22.22 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