Ocean Power Technologies (OPTT) Research & Development (2010 - 2025)

Ocean Power Technologies' (OPTT) quarterly Research & Development came in at $600000.0 in Q3 2025, up 20.0% year-on-year from $500000.0 in Q3 2024, and up 20.0% quarter-over-quarter from $500000.0 in Q3 2024.

Ocean Power Technologies (OPTT) Research & Development (2010 - 2025) Analysis & Trends

Ocean Power Technologies has disclosed Research & Development across 15 years of filings, most recently posting $600000.0 for Q3 2025.

  • Research & Development for Q3 2025 came in at $600000.0, up 20.0% year-over-year; the trailing twelve-month figure through Jul 2025 was $6.6 million (down 17.1% YoY), and the FY2025 annual result was $3.6 million, down 53.25% from the prior year.
  • Research & Development came in at $600000.0 for Q3 2025 at Ocean Power Technologies, up from $500000.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $3.1 million in Q4 2021 to a low of $500000.0 in Q3 2024.
  • The 4-year median for Research & Development is $1.4 million (2021), against an average of $1.6 million.
  • Peak annual rise in Research & Development reached 189.93% in 2021, while the deepest fall reached 13.73% in 2021.
  • Ocean Power Technologies' Research & Development stood at $3.1 million in 2021, then retreated by 20.02% to $2.5 million in 2022, then slumped by 79.72% to $500000.0 in 2024, then grew by 20.0% to $600000.0 in 2025.
  • The last three Research & Development figures came in at $600000.0 (Q3 2025), $500000.0 (Q3 2024), and $2.5 million (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 304.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 211.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn -
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 358.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 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 -
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 180.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn -
10 Ocean Power Technologies 56.95 Mn 49.89 Mn -755,000.00 -

Historic Data

Download Data
DateValue
Jul 31, 2025 600,000.00
Jul 31, 2024 500,000.00
Jan 31, 2022 2.47 Mn
Oct 31, 2021 3.08 Mn
Jul 31, 2021 1.97 Mn
Apr 30, 2021 1.41 Mn
Jan 31, 2021 1.02 Mn
Oct 31, 2020 1.06 Mn
Jul 31, 2020 1.25 Mn
Apr 30, 2020 941,000.00
Jan 31, 2020 896,000.00
Oct 31, 2019 1.31 Mn
Jul 31, 2019 1.20 Mn
Apr 30, 2019 879,000.00
Jan 31, 2019 1.38 Mn
Oct 31, 2018 1.57 Mn
Jul 31, 2018 1.15 Mn
Apr 30, 2018 922,000.00
Jan 31, 2018 1.32 Mn
Oct 31, 2017 978,000.00