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Companies / Utilities / Ocean Power Technologies, Inc.
OPTT

Ocean Power Technologies, Inc.

UtilitiesElectric, Gas & Water
Ticker OPTTMONROE TOWNSHIP, NJFiscal year ends AprilBook value per share $1.03Diluted shares 8.2M

Ocean Power Technologies, Inc. (NYSE American: OPTT) provides autonomous maritime systems and services for defense, security, offshore energy, marine research, and commercial customers. Its offerings combine PowerBuoy® platforms, which provide renewable offshore power and support sensors and communications, with… From the company’s description.

Over the twelve months to Jul 31, 2026, Ocean Power Technologies, Inc. reported revenue of $4.26M, down 25.8% from a year earlier, and a net loss of $52.06M. Operations used $25.41M in cash. In fiscal 2025, it reported revenue of $3.74M, down 36.2% from fiscal 2024, and a net loss of $48.91M.

Fiscal year 2025 · ends 04-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-31
Sales & profitability
$3.74MFY2025
−36.2% year over year
Last 12 mo $4.26M
-1026.57%FY2025
−656.6 percentage points
Last 12 mo -1088.82%
$-48.91MFY2025
−127.4% year over year
Last 12 mo $-52.06M
-392.07%FY2025
−311.4 percentage points
Last 12 mo -615.92%
Cash & financing
$-20.77MFY2025
−11.5% year over year
Last 12 mo $-25.41M
$-24.78MFY2025
−29.5% year over year
Last 12 mo $-28.09M
0.84FY2025
Last 12 mo 0.95
194.3MFY2025
+53.1% year over year
Last 12 mo 8.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ocean Power Technologies, Inc. does

In the company’s own words

Ocean Power Technologies, Inc. (NYSE American: OPTT) provides autonomous maritime systems and services for defense, security, offshore energy, marine research, and commercial customers. Its offerings combine PowerBuoy® platforms, which provide renewable offshore power and support sensors and communications, with WAM-V® autonomous unmanned surface vessels and Merrows™, a command-and-control system that integrates sensor data and supports analytics. Services include Data as a Service, Robotics as a Service, and Power as a Service, as well as direct equipment sales, leases, and operational support. Customers include U.S. and allied defense agencies, offshore energy operators, and commercial organizations using the systems for surveillance, infrastructure inspection, maritime surveying, and environmental monitoring. The company operates assembly and development facilities in New Jersey and California. As of April 30, 2026, it employed 65 full-time workers and had deployed more than 100 WAM-V® platforms globally. Its principal brands include PowerBuoy®, WAM-V®, and Merrows™.

Company details
Sector
Utilities
Industry (SIC)
Electric, Gas & Water
Headquarters
MONROE TOWNSHIP, NJ
Fiscal year end
April
CIK
1378140
SIC
4911

Financial performance, year by year

Fiscal 2011–2025 · USD
$-57.86M$-40.48M$-23.10M$-5.72M$11.65M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ocean Power Technologies, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

8
funds hold it
0 of 35
superinvestors hold it
$2.91M
held by funds, at market

Largest fund holders · Ocean Power Technologies, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
—of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Ocean Power Technologies, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Ocean Power Technologies, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Ocean Power Technologies, Inc.'s last four quarterly filings that the numbers alone won't show?”
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