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| 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 |