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Ocean Power Technologies (OPTT) Research & Development (2016 - 2025)

Ocean Power Technologies (OPTT) has disclosed Research & Development for 15 consecutive years, with $600000.0 as the latest value for Q3 2025.

  • Quarterly Research & Development rose 20.0% to $600000.0 in Q3 2025 from the year-ago period, while the trailing twelve-month figure was $6.6 million through Jul 2025, down 17.1% year-over-year, with the annual reading at $3.6 million for FY2025, 53.25% down from the prior year.
  • Research & Development hit $600000.0 in Q3 2025 for 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.
  • Historically, Research & Development has averaged $1.6 million across 4 years, with a median of $1.4 million in 2021.
  • Biggest YoY gain for Research & Development was 189.93% in 2021; the steepest drop was 13.73% in 2021.
  • Year by year, Research & Development stood at $3.1 million in 2021, then fell by 20.02% to $2.5 million in 2022, then crashed by 79.72% to $500000.0 in 2024, then rose by 20.0% to $600000.0 in 2025.
  • Business Quant data shows Research & Development for OPTT at $600000.0 in Q3 2025, $500000.0 in Q3 2024, and $2.5 million in Q1 2022.