Ocean Power Technologies, Inc. (OPTT) stock
OPTTNYSEElectric ServicesFiscal year ends April 30
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 14, 2026Score 8/3087% below fair value
$0.32−0.36 (-52.96%)
Close on Nov 13, 2026Market cap $2.90MP/E –Yield –
Ocean Power Technologies gross margin
Gross margin is gross profit as a percentage of revenue.
Ocean Power Technologies's gross margin for the twelve months ending Jul 31, 2026 was -205.0%. For fiscal 2026 it was -158.4%, against 28.3% the year before. The highest annual figure on record is 51.1% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Apr 30, 2026 | -158.4% | −186.8 |
| FY2025 | Apr 30, 2025 | 28.3% | −22.8 |
| FY2024 | Apr 30, 2024 | 51.1% | +42.5 |
| FY2023 | Apr 30, 2023 | 8.6% | +14.4 |
| FY2022 | Apr 30, 2022 | -5.7% | +83.2 |
| FY2021 | Apr 30, 2021 | -89.0% | −82.7 |
| FY2020 | Apr 30, 2020 | -6.2% | +105.6 |
| FY2019 | Apr 30, 2019 | -111.8% | −62.5 |
| FY2018 | Apr 30, 2018 | -49.3% | −38.0 |
| FY2017 | Apr 30, 2017 | -11.3% | −16.5 |
| FY2016 | Apr 30, 2016 | 5.2% | +19.0 |
| FY2015 | Apr 30, 2015 | -13.8% | −13.0 |
| FY2014 | Apr 30, 2014 | -0.8% | −4.5 |
| FY2013 | Apr 30, 2013 | 3.7% | +2.8 |
| FY2012 | Apr 30, 2012 | 1.0% | −5.6 |
| FY2011 | Apr 30, 2011 | 6.5% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027CQ2 2026 | Jul 31, 2026 | -166.2% | −164.3 |
| Q4 FY2026CQ1 2026 | Apr 30, 2026 | -232.6% | −249.4 |
| Q3 FY2026CQ4 2025 | Jan 31, 2026 | -147.2% | −171.1 |
| Q2 FY2026CQ3 2025 | Oct 31, 2025 | -325.5% | −358.4 |
| Q1 FY2026CQ2 2025 | Jul 31, 2025 | -1.9% | −36.3 |
| Q4 FY2025CQ1 2025 | Apr 30, 2025 | 16.8% | −38.0 |
| Q3 FY2025CQ4 2024 | Jan 31, 2025 | 23.9% | −21.5 |
| Q2 FY2025CQ3 2024 | Oct 31, 2024 | 32.9% | −22.0 |
| Q1 FY2025CQ2 2024 | Jul 31, 2024 | 34.4% | −17.8 |
| Q4 FY2024CQ1 2024 | Apr 30, 2024 | 54.8% | +68.5 |
| Q3 FY2024CQ4 2023 | Jan 31, 2024 | 45.4% | +26.8 |
| Q2 FY2024CQ3 2023 | Oct 31, 2023 | 54.9% | +42.0 |
| Q1 FY2024CQ2 2023 | Jul 31, 2023 | 52.1% | +25.0 |
| Q4 FY2023CQ1 2023 | Apr 30, 2023 | -13.7% | −42.2 |
| Q3 FY2023CQ4 2022 | Jan 31, 2023 | 18.5% | +41.9 |
| Q2 FY2023CQ3 2022 | Oct 31, 2022 | 12.9% | +34.3 |
| Q1 FY2023CQ2 2022 | Jul 31, 2022 | 27.2% | +82.7 |
| Q4 FY2022CQ1 2022 | Apr 30, 2022 | 28.6% | +99.8 |
| Q3 FY2022CQ4 2021 | Jan 31, 2022 | -23.3% | +96.8 |
| Q2 FY2022CQ3 2021 | Oct 31, 2021 | -21.5% | +61.6 |
| Q1 FY2022CQ2 2021 | Jul 31, 2021 | -55.5% | +42.1 |
| Q4 FY2021CQ1 2021 | Apr 30, 2021 | -71.3% | −89.2 |
| Q3 FY2021CQ4 2020 | Jan 31, 2021 | -120.2% | −126.3 |
| Q2 FY2021CQ3 2020 | Oct 31, 2020 | -83.1% | −41.9 |
| Q1 FY2021CQ2 2020 | Jul 31, 2020 | -97.6% | −15.1 |
| Q4 FY2020CQ1 2020 | Apr 30, 2020 | 18.0% | −25.2 |
| Q3 FY2020CQ4 2019 | Jan 31, 2020 | 6.1% | +55.3 |
| Q2 FY2020CQ3 2019 | Oct 31, 2019 | -41.2% | +310.6 |
| Q1 FY2020CQ2 2019 | Jul 31, 2019 | -82.5% | +275.6 |
| Q4 FY2019CQ1 2019 | Apr 30, 2019 | 43.1% | +199.9 |
| Q3 FY2019CQ4 2018 | Jan 31, 2019 | -49.3% | −174.8 |
| Q2 FY2019CQ3 2018 | Oct 31, 2018 | -351.8% | −340.5 |
| Q1 FY2019CQ2 2018 | Jul 31, 2018 | -358.1% | −328.9 |
| Q4 FY2018CQ1 2018 | Apr 30, 2018 | -156.8% | −92.5 |
| Q2 FY2018CQ3 2017 | Oct 31, 2017 | 125.5% | +99.1 |
| Q1 FY2018CQ2 2017 | Jul 31, 2017 | -11.3% | – |
| Q4 FY2017CQ1 2017 | Apr 30, 2017 | -29.2% | – |
| Q3 FY2017CQ4 2016 | Jan 31, 2017 | -64.3% | – |
| Q2 FY2017CQ3 2016 | Oct 31, 2016 | 26.5% | – |
See a number that looks wrong?