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

Ocean Power Technologies' (OPTT) quarterly Work In Process came in at $2.6 million in Q1 2026, up 267.77% year-on-year from $695000.0 in Q1 2025, and up 285.52% quarter-over-quarter from $663000.0 in Q3 2025.

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

Ocean Power Technologies has disclosed Work In Process across 5 years of filings, most recently posting $2.6 million for Q1 2026.

  • Work In Process for Q1 2026 came in at $2.6 million, up 267.77% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.6 million (up 267.77% YoY), and the FY2025 annual result was $636000.0, up 60.2% from the prior year.
  • Work In Process came in at $2.6 million for Q1 2026 at Ocean Power Technologies, up 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.
  • The 5-year median for Work In Process is $516500.0 (2024), against an average of $650500.0.
  • Peak annual rise in Work In Process reached 458.33% in 2024, while the deepest fall reached 48.41% in 2024.
  • Ocean Power Technologies' Work In Process stood at $244000.0 in 2022, then surged by 196.31% to $723000.0 in 2023, then plunged by 48.41% to $373000.0 in 2024, then surged by 77.75% to $663000.0 in 2025, then soared by 285.52% to $2.6 million in 2026.
  • The last three Work In Process figures came in at $2.6 million (Q1 2026), $663000.0 (Q3 2025), and $636000.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn
10 Ocean Power Technologies 56.95 Mn 49.89 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