Ocean Power Technologies, Inc. revenue
Ocean Power Technologies, Inc.'s revenue was $3.7m in fiscal 2026, down 36.2% on the year before. Since fiscal 2011 ($6.7m) it has grown at a compound -3.8% a year. Over the last twelve months it was $4.3m.
Revenue history
| Fiscal year | 2011Apr 2011 | 2012Apr 2012 | 2013Apr 2013 | 2014Apr 2014 | 2015Apr 2015 | 2016Apr 2016 | 2017Apr 2017 | 2018Apr 2018 | 2019Apr 2019 | 2020Apr 2020 | 2021Apr 2021 | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,691 | 5,739 | 3,616 | 1,499 | 4,105 | 705 | 843 | 511 | 600 | 1,700 | 1,206 | 1,759 | 2,732 | 5,525 | 5,861 | 3,737 | 4,258 |
| Growth on the year before | — | −14.2% | −37.0% | −58.5% | +173.9% | −82.8% | +19.6% | −39.4% | +17.4% | +183.3% | −29.1% | +45.9% | +55.3% | +102.2% | +6.1% | −36.2% | — |
| Gross profit | 436 | 55 | 135 | −11 | −566 | 37 | −95 | −252 | −671 | −105 | −1,073 | −101 | 236 | 2,826 | 1,660 | −5,921 | −8,729 |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Products | $3.7M | ▼ 36.2% |
| Product and Service | $3.1M | ▼ 42.7% |
| Services | $2M | ▲ 176.0% |
| WAMV | $1.4M | ▼ 69.5% |
| Lease Revenue | $639,000 | ▲ 41.1% |
| Buoy | $365,000 | ▼ 38.0% |
These categories overlap or exclude eliminations, so shares aren't shown.
| Region | Revenue | Share | YoY |
|---|---|---|---|
| Region | $3.7M | 100.0% | ▼ 36.2% |
| EMEA (part of Region) | $1.8M | 48.0% | ▼ 5.0% |
| North and South America (part of Region) | $1.2M | 32.6% | ▼ 68.4% |
| Asia and Australia (part of Region) | $724,000 | 19.4% | ▲ 513.6% |
From Ocean Power Technologies, Inc.'s 10-K filed August 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Ocean Power Technologies, Inc. | $4.3m | -25.8% | 9.0% |
| Fusion Fuel Green PLC | $16.3m | 838.5% | — |
| Ellomay Capital Ltd. | $48.4m | 10.6% | — |
| Sunation Energy, Inc. | $61.6m | 10.3% | -1.8% |
| Spruce Power Holding Corp | $109m | 10.0% | 24.4% |
| Montauk Renewables, Inc. | $189m | 4.3% | 2.1% |
Compare with peers
- Fusion Fuel Green PLC revenue
- Ellomay Capital Ltd. revenue
- Sunation Energy, Inc. revenue
- Spruce Power Holding Corp revenue
- Montauk Renewables, Inc. revenue
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