Ocean Power Technologies (OPTT) Research & Development (2010 - 2025)
Ocean Power Technologies (OPTT) posted Research & Development of $600000.0 for Q3 2025, up 20.0% sequentially from $500000.0 in Q3 2024, and up 20.0% YoY from $500000.0 in Q3 2024.
Ocean Power Technologies (OPTT) Research & Development (2010 - 2025) Analysis & Trends
Ocean Power Technologies has reported Research & Development for 15 years, with the latest figure at $600000.0 in Q3 2025.
- Quarterly Research & Development rose 20.0% year-over-year to $600000.0 in Q3 2025, while the trailing twelve-month figure through Jul 2025 was $6.6 million (down 17.1% YoY) and the FY2025 annual result came in at $3.6 million, down 53.25% from the prior year.
- Research & Development advanced to $600000.0 in Q3 2025 per OPTT's latest filing, from $500000.0 in the prior quarter.
- Over five years, Research & Development peaked at $3.1 million in Q4 2021 and troughed at $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.
- The widest YoY moves for Research & Development: up 189.93% in 2021, down 13.73% in 2021.
- Over 4 years, Research & Development stood at $3.1 million in 2021, then slipped by 20.02% to $2.5 million in 2022, then slumped by 79.72% to $500000.0 in 2024, then rose by 20.0% to $600000.0 in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $600000.0, $500000.0, and $2.5 million for Q3 2025, Q3 2024, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 257.83 Bn | 244.71 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 163.36 Bn | 162.67 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Parker-Hannifin | 126.27 Bn | 125.80 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 87.42 Bn | 85.24 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.55 Bn | 76.88 Bn | 2.47 Bn | 385.00 Mn |
| 6 | Illinois Tool Works | 80.96 Bn | 80.12 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.63 Bn | 54.14 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 48.56 Bn | 48.08 Bn | 1.14 Bn | 173.00 Mn |
| 9 | Ingersoll Rand | 31.64 Bn | 30.47 Bn | 862.60 Mn | - |
| 10 | Ocean Power Technologies | 36.36 Mn | 29.26 Mn | -755,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |