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Ocean Power Technologies, Inc. income statement

In fiscal 2026, Ocean Power Technologies, Inc. reported revenue of $3.7m, down 36.2% on the year before, operating income of −$38.4m (a -1026.6% margin) and net income of −$48.9m, or −$0.25 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2011Apr 20112012Apr 20122013Apr 20132014Apr 20142015Apr 20152016Apr 20162017Apr 20172018Apr 20182019Apr 20192020Apr 20202021Apr 20212022Apr 20222023Apr 20232024Apr 20242025Apr 20252026Apr 2026LTMJul 2026
Revenue76414111121236644
Cost of revenue6632511112222341013
Gross profit000−0−10−0−0−1−0−1−0032−6−9
Research and development138754754545—1084——
Selling, general and administrative889910777878——————
General and administrative——————————————345
Operating income−21−17−16−13−14−15−12−12−13−11−14−22−29−29−22−38−46
Interest expense———————————————0—
Net interest income——00−00000000110−3−3
Income before tax−21−16−16−13−14−15−10−11−13−11−15−21−27−29−26−49−52
Income tax−0−1−1−2−1−2−1−1−1−1—−2−0−1−1——
Net income−20−15−15−11−13−13−9−10−12−10−15−19−26−27−24−49−52
Diluted EPS−$99.50−$0.37−$0.35−$0.23−$37.50−$36.25−$11.15−$3.31−$2.38−$0.36−$0.49−$0.35−$0.47−$0.47−$0.19−$0.25—
Diluted shares (average)—————362m—3m5m29m30m54m56m59m127m194m—
EBITDA−21−16−16−13−13−15−12−11−13−11−13−21−29−29−21−37−45

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ocean Power Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ocean Power Technologies, Inc.