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    Ocean Power Technologies, Inc.

    OPTT
    Last price US$0.152
    Market cap US$47.8m
    12M price change -79.72%
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    ITT INC.ITT Industry peer Smith AO CorporationAOS Industry peer DONALDSON Co INCDCI Industry peer TREX CO INCTREX Sector peer
    Overview Earnings Report Price History News Competitors Earnings per Share Return on Equity Net Margin Share Buyback Leverage Financial Statements Financial Ratio
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    Ocean Power Technologies, Inc. Overview

    Industry: Specialty Industrial Machinery

    Sector: Industrials

    Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey. Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in o Read More

    Mavefund brings filings, fundamentals, valuation, price history and news for Ocean Power Technologies, Inc. into one research view. The sections below show what strengthens or weakens the research case.

    Score

    Reported Results

    What the company reported, with filing details kept small.

    Filed Mar 13, 2026

    Quarterly result summary

    Exhibit 99.1 Ocean Power Technologies, Inc. Pre Releases Third Quarter Fiscal 2026 Results Record Backlog and Strategic DHS Win Accelerate Maritime Defense Platform Strategy MONROE TOWNSHIP, N.J., March 11, 2026 (GLOBE NEWSWIRE) – Ocean Power Technologies, In...

    What changed

    • Review the SEC source filing for the full reported results and management commentary.

    Guidance / outlook

    The Company expects to file its third quarter financial results and update after market close on March 17, 2026. 3Q26 RESULTS and RECENT HIGHLIGHTS ● Backlog as of January 31, 2026 was approximately $19.9 million, an increase of $12.4 million and 165% over the prior year period.

    Earnings release Open filing

    Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

    Other recent earnings materials
    SEC filing 10-Q Mar 17, 2026 SEC filing 8-K Mar 13, 2026 SEC filing 8-K Dec 16, 2025 Earnings release Earnings release Dec 16, 2025 SEC filing 10-Q Dec 15, 2025 Earnings release Earnings release Sep 16, 2025 SEC filing 8-K Sep 16, 2025 SEC filing 10-Q Sep 15, 2025 SEC filing 8-K Jul 25, 2025 Earnings release Earnings release Jul 25, 2025 SEC filing 10-K Jul 24, 2025

    Prediction-grade evidence

    Recent News

    Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

    Earnings Per Share

    Score 3.00/5
    Ocean Power Technologies, Inc. boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes TREX CO INC Honeywell International Inc Snap-On Inc
    In Specialty Industrial Machinery industry , ITT INC. , Smith AO Corporation , DONALDSON Co INC are companies with high ratings.

    Return on Equity

    Score 0.21/5
    Ocean Power Technologies, Inc. exhibits a lower score in the Return on Equity (ROE) section, falling below the sector median value and indicating a comparatively weaker performance in this metric. The top companies in the same sector include TREX CO INC Honeywell International Inc Snap-On Inc
    Ocean Power ... OPTT US$47.8m
    TREX CO INC TREX US$4.5b
    Honeywell In... HON US$144.6b
    Snap-On Inc SNA US$21.0b

    Net Margin

    Score 0.15/5
    Ocean Power Technologies, Inc. olds a low score as its net margin consistently trails below the sector median value and doesn't exhibit continuous growth over the last six years; notable companies in the sector with commendable scores include TREX CO INC Honeywell International Inc Snap-On Inc
    Ocean Power ... OPTT US$47.8m
    TREX CO INC TREX US$4.5b
    Honeywell In... HON US$144.6b
    Snap-On Inc SNA US$21.0b

    Share Buyback

    In Specialty Industrial Machinery industry , ITT INC. , Smith AO Corporation , DONALDSON Co INC are companies with high ratings.

    Leverage

    Score 4.22/5
    Ocean Power Technologies, Inc. attains a commendable score in the category due to its lower leverage ratio over the past six years in comparison to the sector median value. Additionally, other notable companies in the same sector, such as TREX CO INC Honeywell International Inc Snap-On Inc , also exhibit high scores.
    Ocean Power ... OPTT US$47.8m
    TREX CO INC TREX US$4.5b
    Honeywell In... HON US$144.6b
    Snap-On Inc SNA US$21.0b

    Financial Statements

    Company-reported SEC EDGAR facts organized into the three core statements.

    Verified SEC statements load when this section enters view.

    Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

    Financial Ratio

    Yearly Quarterly

    Financial
    Profitability
    Growth
    Cash Flow
    Financial Health
    Efficiency Ratios

    Ocean Power Technologies, Inc. logo

    Ocean Power Technologies, Inc.

    US$0.152

    US$47.8m

    -23.95%

    -79.72%