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

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

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

Ocean Power Technologies (OPTT) has 5 years of Work In Process data on file, last reported at $2.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Work In Process rose 267.77% year-over-year to $2.6 million; the trailing twelve-month figure through Jan 2026 stood at $2.6 million (up 267.77% YoY), and the FY2025 full-year result was $636000.0, up 60.2% from the prior year.
  • Work In Process improved to $2.6 million in Q1 2026, from $663000.0 in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $2.6 million in Q1 2026 to a low of $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.
  • Peak annual rise in Work In Process reached 458.33% in 2024, while the deepest fall reached 48.41% in 2024.
  • Tracing OPTT's Work In Process over 5 years: stood at $244000.0 in 2022, then jumped by 196.31% to $723000.0 in 2023, then sank 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.
  • Business Quant data shows OPTT's Work In Process at $2.6 million in Q1 2026, $663000.0 in Q3 2025, and $636000.0 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn
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
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
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