Ocean Power Technologies Gross Profit Growth & History (OPTT)

Ocean Power Technologies's gross profit was −$5.9M for fiscal 2026.

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Ocean Power Technologies annual gross profit history

Ocean Power Technologies annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20262026-04-30−$5.9M−$7.6M
20252025-04-30$1.7M−$1.2M−41.26%
20242024-04-30$2.8M$2.6M+1097.46%
20232023-04-30$236,000$337,000
20222022-04-30−$101,000$972,000
20212021-04-30−$1.1M−$968,000
20202020-04-30−$105,000$566,000
20192019-04-30−$671,000−$419,000
20182018-04-30−$252,000−$157,000
20172017-04-30−$95,000−$132,000
20162016-04-30$37,000$602,979
20152015-04-30−$565,979−$554,535
20142014-04-30−$11,444−$146,752
20132013-04-30$135,308$80,533+147.03%
20122012-04-30$54,775−$380,870−87.43%
20112011-04-30$435,645

Ocean Power Technologies gross profit trends

Over the last five fiscal years, Ocean Power Technologies's gross profit decreased from −$1.1M to −$5.9M, a change of −$4.8M. The latest reported quarter, Q4 2026, shows −$3.8M.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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