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

Ocean Power Technologies (OPTT) reported Research & Development of $600000.0 for Q3 2025, up 20.0% on a YoY basis from $500000.0 in Q3 2024, and up 20.0% sequentially from $500000.0 in Q3 2024.

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

Ocean Power Technologies (OPTT) has 15 years of Research & Development data on file, last reported at $600000.0 in Q3 2025.

  • For the quarter ending Q3 2025, Research & Development rose 20.0% year-over-year to $600000.0; the trailing twelve-month figure through Jul 2025 stood at $6.6 million (down 17.1% YoY), and the FY2025 full-year result was $3.6 million, down 53.25% from the prior year.
  • Research & Development advanced to $600000.0 in Q3 2025, 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.
  • A 4-year average of $1.6 million and a median of $1.4 million in 2021 frame the typical range for Research & Development.
  • Peak annual rise in Research & Development reached 189.93% in 2021, while the deepest fall reached 13.73% in 2021.
  • Tracing OPTT's Research & Development over 4 years: stood at $3.1 million in 2021, then fell by 20.02% to $2.5 million in 2022, then tumbled by 79.72% to $500000.0 in 2024, then climbed by 20.0% to $600000.0 in 2025.
  • Business Quant data shows OPTT's Research & Development at $600000.0 in Q3 2025, $500000.0 in Q3 2024, and $2.5 million in Q1 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 334.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 211.00 Mn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn -
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 358.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 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 -
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 180.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn -
10 Ocean Power Technologies 29.32 Mn 22.22 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