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Ocean Power Technologies, Inc. OPTT · Stock Open Ocean Power Technologies, Inc. in new tab

0.6170 USD
EPS
-7.58
P/B
0.64
ROE
-318.99
Beta
2.78
Ocean Power Technologies, Inc. logo

Ocean Power Technologies, Inc.

🧾 Earnings Recap – Q3 2026

Ocean Power Technologies reported a significant increase in backlog to $19.9 million and expanded its pipeline to nearly $164 million, driven by growth in defense and commercial sectors despite a drop in revenues due to timing impact from the federal government shutdown.

  • Backlog rose 165% year-over-year to a record $19.9 million, reflecting strong demand in defense and government sectors.
  • Total pipeline expanded by 84% year-over-year to $163.9 million, indicating increased customer engagement and larger strategic opportunities.
  • Revenue for Q3 fiscal 2026 decreased to $0.5 million, impacted by timing delays from the U.S. federal government shutdown; however, demand remains robust.
  • Gross profit for the quarter was a loss of $0.8 million, with ongoing improvements in operating leverage anticipated from core programs.
  • Continued advancements in autonomous systems and partnerships position OPT for growth in the emerging maritime autonomy market.
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Key Metrics
Earnings dateDec. 16, 2026
EPS-7.58
Book Value0.94
Price to Book0.64
Debt/Equity116.15
% Insiders4.071%
Growth
Revenue Growth0.44%
Estimates
Forward P/E-0.27
Forward EPS-2.23

DCF valuation

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Ocean Power Technologies, Inc. Logo Ocean Power Technologies, Inc. Analysis (OPTT)

United States Industrials Official Website Stock

Is Ocean Power Technologies, Inc. a good investment? Ocean Power Technologies, Inc. (OPTT) is currently trading at 0.6170 USD.

Earnings Schedule: Ocean Power Technologies, Inc. is expected to release its next earnings report on Dec. 16, 2026. The market consensus estimate for Forward EPS is -2.23.

Investor FAQ

Does Ocean Power Technologies, Inc. pay a dividend?

No, it does not currently pay a dividend.

What asset class is Ocean Power Technologies, Inc.?

Ocean Power Technologies, Inc. is classified as a Stock. You can compare it against 2 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Dec. 16, 2026. The company currently has a trailing EPS of -7.58.

Company Profile

Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. The company offers maritime solutions, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Exchange Ticker
NMS (United States) OPTT
FRA (Germany) RUOC.F
Trades
Dividend History paid per year (USD)
No dividend history available.
Stock Splits
Split Date Split Ratio to 1
Oct. 29, 2015 1:10
March 12, 2019 1:20
Sept. 14, 2026 1:30
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