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

Ocean Power Technologies (OPTT) reported Operating Income of -$9.1 million for Q1 2026, down 55.2% on a YoY basis from -$20.4 million in Q1 2025, and down 28.82% sequentially from -$7.1 million in Q3 2025.

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

Ocean Power Technologies (OPTT) has 17 years of Operating Income data on file, last reported at -$9.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 55.2% year-over-year to -$9.1 million; the trailing twelve-month figure through Jan 2026 stood at -$29.5 million (down 40.27% YoY), and the FY2025 full-year result was -$21.7 million, up 26.06% from the prior year.
  • Operating Income slipped to -$9.1 million in Q1 2026, from -$7.1 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of -$3.9 million in Q4 2024 to a low of -$9.9 million in Q2 2023.
  • A 5-year average of -$6.7 million and a median of -$6.9 million in 2023 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income slumped 73.63% in 2022 and soared 47.69% in 2024, its largest moves.
  • Tracing OPTT's Operating Income over 5 years: stood at -$6.3 million in 2022, then declined by 19.17% to -$7.5 million in 2023, then soared by 47.69% to -$3.9 million in 2024, then slumped by 80.79% to -$7.1 million in 2025, then retreated by 28.82% to -$9.1 million in 2026.
  • Business Quant data shows OPTT's Operating Income at -$9.1 million in Q1 2026, -$7.1 million in Q3 2025, and -$7.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 653.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.17 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 1.13 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 949.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.11 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 1.02 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 514.94 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 467.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 289.70 Mn
10 Ocean Power Technologies 29.32 Mn 22.22 Mn -755,000.00 -9.12 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 -9.12 Mn
Jul 31, 2025 -7.08 Mn
Apr 30, 2025 -7.42 Mn
Jan 31, 2025 -5.88 Mn
Oct 31, 2024 -3.92 Mn
Jul 31, 2024 -4.47 Mn
Apr 30, 2024 -6.76 Mn
Jan 31, 2024 -7.71 Mn
Oct 31, 2023 -7.48 Mn
Jul 31, 2023 -7.38 Mn
Apr 30, 2023 -9.89 Mn
Jan 31, 2023 -7.06 Mn
Oct 31, 2022 -6.28 Mn
Jul 31, 2022 -5.99 Mn
Apr 30, 2022 -5.85 Mn
Jan 31, 2022 -5.49 Mn
Oct 31, 2021 -5.19 Mn
Jul 31, 2021 -5.03 Mn
Apr 30, 2021 -4.02 Mn
Jan 31, 2021 -3.16 Mn