Ocean Power Technologies OPTT
NYSE OPTT
$0.19 +0.00 (+0.95%)
As of: Aug 21, 2026 · 3:59 PM EDT

Ocean Power Technologies (OPTT) Work In Process (2022 - 2026)

Ocean Power Technologies (OPTT) posted Work In Process of $2.6 million for Q1 2026, up 285.52% sequentially from $663000.0 in Q3 2025, and up 267.77% YoY from $695000.0 in Q1 2025.

Ocean Power Technologies (OPTT) Work In Process (2022 - 2026) Analysis & Trends

Ocean Power Technologies has reported Work In Process for 5 years, with the latest figure at $2.6 million in Q1 2026.

  • Quarterly Work In Process rose 267.77% year-over-year to $2.6 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $2.6 million (up 267.77% YoY) and the FY2025 annual result came in at $636000.0, up 60.2% from the prior year.
  • Work In Process improved to $2.6 million in Q1 2026 per OPTT's latest filing, from $663000.0 in the prior quarter.
  • Over five years, Work In Process peaked at $2.6 million in Q1 2026 and troughed at $144000.0 in Q3 2023.
  • A 5-year average of $650500.0 and a median of $516500.0 in 2024 frame the typical range for Work In Process.
  • The widest YoY moves for Work In Process: up 458.33% in 2024, down 48.41% in 2024.
  • Over 5 years, Work In Process stood at $244000.0 in 2022, then jumped by 196.31% to $723000.0 in 2023, then plunged by 48.41% to $373000.0 in 2024, then jumped by 77.75% to $663000.0 in 2025, then surged by 285.52% to $2.6 million in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $2.6 million, $663000.0, and $636000.0 for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GE Vernova 256.94 Bn 243.82 Bn 2.36 Bn
2 Eaton 163.14 Bn 162.45 Bn 2.86 Bn
3 Parker-Hannifin 126.50 Bn 126.02 Bn 2.02 Bn
4 Emerson Electric 87.87 Bn 85.69 Bn 2.66 Bn
5 Cummins 81.13 Bn 76.46 Bn 2.47 Bn
6 Illinois Tool Works 80.86 Bn 80.02 Bn 1.90 Bn
7 Ametek 54.87 Bn 54.38 Bn 735.04 Mn
8 Rockwell Automation 48.51 Bn 48.03 Bn 1.14 Bn
9 Ingersoll Rand 31.31 Bn 30.14 Bn 862.60 Mn
10 Ocean Power Technologies 36.77 Mn 29.67 Mn -755,000.00

Historic Data

Download Data
DateValue
Jan 31, 2026 2.56 Mn
Jul 31, 2025 663,000.00
Apr 30, 2025 636,000.00
Jan 31, 2025 695,000.00
Oct 31, 2024 373,000.00
Jul 31, 2024 804,000.00
Apr 30, 2024 397,000.00
Jan 31, 2024 326,000.00
Oct 31, 2023 723,000.00
Jul 31, 2023 144,000.00
Jan 31, 2023 245,000.00
Apr 30, 2022 244,000.00