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

Ocean Power Technologies' (OPTT) quarterly Operating Income came in at -$9.1 million in Q1 2026, down 55.2% year-on-year from -$20.4 million in Q1 2025, and down 28.82% quarter-over-quarter from -$7.1 million in Q3 2025.

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

Ocean Power Technologies has disclosed Operating Income across 17 years of filings, most recently posting -$9.1 million for Q1 2026.

  • Operating Income for Q1 2026 came in at -$9.1 million, down 55.2% year-over-year; the trailing twelve-month figure through Jan 2026 was -$29.5 million (down 40.27% YoY), and the FY2025 annual result was -$21.7 million, up 26.06% from the prior year.
  • Operating Income came in at -$9.1 million for Q1 2026 at Ocean Power Technologies, down 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.
  • The 5-year median for Operating Income is -$6.9 million (2023), against an average of -$6.7 million.
  • Across the five-year window, Operating Income plunged 73.63% in 2022 and soared 47.69% in 2024, its largest moves.
  • Ocean Power Technologies' Operating Income stood at -$6.3 million in 2022, then fell by 19.17% to -$7.5 million in 2023, then jumped by 47.69% to -$3.9 million in 2024, then sank by 80.79% to -$7.1 million in 2025, then decreased by 28.82% to -$9.1 million in 2026.
  • The last three Operating Income figures came in at -$9.1 million (Q1 2026), -$7.1 million (Q3 2025), and -$7.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 179.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 1.17 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 1.13 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 949.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 1.11 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 1.02 Bn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 514.94 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 467.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 305.91 Mn
10 Ocean Power Technologies 56.95 Mn 49.89 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