Ocean Power Technologies R&D Spending Growth & History (OPTT)
Ocean Power Technologies's r&d spending was $3.6M for fiscal 2025.
View full Ocean Power Technologies company overviewOcean Power Technologies annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-04-30 | $3.6M | −$4.1M | −53.25% |
| 2024 | 2024-04-30 | $7.7M | −$2.3M | −23.00% |
| 2023 | 2023-04-30 | $10.0M | — | — |
| 2021 | 2021-04-30 | $4.7M | $403,000 | +9.28% |
| 2020 | 2020-04-30 | $4.3M | −$640,000 | −12.84% |
| 2019 | 2019-04-30 | $5.0M | $664,000 | +15.37% |
| 2018 | 2018-04-30 | $4.3M | −$709,000 | −14.10% |
| 2017 | 2017-04-30 | $5.0M | −$2.0M | −28.68% |
| 2016 | 2016-04-30 | $7.1M | $2.9M | +69.93% |
| 2015 | 2015-04-30 | $4.1M | −$415,510 | −9.10% |
| 2014 | 2014-04-30 | $4.6M | −$2.8M | −37.70% |
| 2013 | 2013-04-30 | $7.3M | −$1.0M | −12.11% |
| 2012 | 2012-04-30 | $8.3M | −$5.0M | −37.40% |
| 2011 | 2011-04-30 | $13.3M | — | — |
Ocean Power Technologies quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-01-31 | $600,000 | −$100,000 | −14.29% |
| Q2 2026 | 2025-10-31 | $300,000 | −$300,000 | −50.00% |
| Q1 2026 | 2025-07-31 | $600,000 | $100,000 | +20.00% |
| Q4 2025 | 2025-04-30 | $1.8M | −$400,000 | −18.18% |
| Q3 2025 | 2025-01-31 | $700,000 | −$800,000 | −53.33% |
| Q2 2025 | 2024-10-31 | $600,000 | −$1.5M | −71.43% |
| Q1 2025 | 2024-07-31 | $500,000 | −$1.4M | −73.68% |
| Q4 2024 | 2024-04-30 | $2.2M | −$1.2M | −35.29% |
| Q3 2024 | 2024-01-31 | $1.5M | −$500,000 | −25.00% |
| Q2 2024 | 2023-10-31 | $2.1M | −$200,000 | −8.70% |
| Q1 2024 | 2023-07-31 | $1.9M | −$400,000 | −17.39% |
| Q4 2023 | 2023-04-30 | $3.4M | — | — |
| Q3 2023 | 2023-01-31 | $2.0M | −$465,000 | −18.86% |
| Q2 2023 | 2022-10-31 | $2.3M | −$782,000 | −25.37% |
| Q1 2023 | 2022-07-31 | $2.3M | $329,000 | +16.69% |
| Q3 2022 | 2022-01-31 | $2.5M | $1.4M | +141.90% |
| Q2 2022 | 2021-10-31 | $3.1M | $2.0M | +189.93% |
| Q1 2022 | 2021-07-31 | $2.0M | $719,000 | +57.43% |
| Q4 2021 | 2021-04-30 | $1.4M | $472,000 | +50.16% |
| Q3 2021 | 2021-01-31 | $1.0M | $123,000 | +13.73% |
| Q2 2021 | 2020-10-31 | $1.1M | −$246,000 | −18.79% |
| Q1 2021 | 2020-07-31 | $1.3M | $54,000 | +4.51% |
| Q4 2020 | 2020-04-30 | $941,000 | $62,000 | +7.05% |
| Q3 2020 | 2020-01-31 | $896,000 | −$486,000 | −35.17% |
| Q2 2020 | 2019-10-31 | $1.3M | −$265,000 | −16.84% |
| Q1 2020 | 2019-07-31 | $1.2M | $49,000 | +4.26% |
| Q4 2019 | 2019-04-30 | $879,000 | −$43,000 | −4.66% |
| Q3 2019 | 2019-01-31 | $1.4M | $64,000 | +4.86% |
| Q2 2019 | 2018-10-31 | $1.6M | $596,000 | +60.94% |
| Q1 2019 | 2018-07-31 | $1.1M | $47,000 | +4.26% |
| Q4 2018 | 2018-04-30 | $922,000 | −$213,000 | −18.77% |
| Q3 2018 | 2018-01-31 | $1.3M | $368,000 | +38.74% |
| Q2 2018 | 2017-10-31 | $978,000 | −$330,000 | −25.23% |
| Q1 2018 | 2017-07-31 | $1.1M | −$534,000 | −32.64% |
| Q4 2017 | 2017-04-30 | $1.1M | −$503,556 | −30.73% |
| Q3 2017 | 2017-01-31 | $950,000 | −$802,000 | −45.78% |
| Q2 2017 | 2016-10-31 | $1.3M | $130,344 | +11.07% |
| Q1 2017 | 2016-07-31 | $1.6M | −$846,788 | −34.11% |
| Q4 2016 | 2016-04-30 | $1.6M | −$123,662 | −7.02% |
| Q3 2016 | 2016-01-31 | $1.8M | $669,372 | +61.83% |
| Q2 2016 | 2015-10-31 | $1.2M | −$46,831 | −3.82% |
| Q1 2016 | 2015-07-31 | $2.5M | $2.4M | +3001.35% |
| Q4 2015 | 2015-04-30 | $1.8M | $864,300 | +96.26% |
| Q3 2015 | 2015-01-31 | $1.1M | $296,682 | +37.75% |
| Q2 2015 | 2014-10-31 | $1.2M | −$385,602 | −23.95% |
| Q1 2015 | 2014-07-31 | $80,055 | −$1.2M | −93.70% |
| Q4 2014 | 2014-04-30 | $897,918 | −$963,106 | −51.75% |
| Q3 2014 | 2014-01-31 | $785,946 | $184,198 | +30.61% |
| Q2 2014 | 2013-10-31 | $1.6M | −$1.3M | −45.19% |
| Q1 2014 | 2013-07-31 | $1.3M | −$656,482 | −34.06% |
| Q4 2013 | 2013-04-30 | $1.9M | $75,107 | +4.21% |
| Q3 2013 | 2013-01-31 | $601,748 | −$786,632 | −56.66% |
| Q2 2013 | 2012-10-31 | $2.9M | $875,027 | +42.42% |
| Q1 2013 | 2012-07-31 | $1.9M | −$1.2M | −37.84% |
| Q4 2012 | 2012-04-30 | $1.8M | −$1.8M | −50.22% |
| Q3 2012 | 2012-01-31 | $1.4M | −$637,956 | −31.48% |
| Q2 2012 | 2011-10-31 | $2.1M | −$1.6M | −43.94% |
| Q1 2012 | 2011-07-31 | $3.1M | −$925,199 | −22.98% |
| Q4 2011 | 2011-04-30 | $3.6M | — | — |
| Q3 2011 | 2011-01-31 | $2.0M | — | — |
| Q2 2011 | 2010-10-31 | $3.7M | — | — |
| Q1 2011 | 2010-07-31 | $4.0M | — | — |
Ocean Power Technologies r&d spending trends
Over the last five fiscal years, Ocean Power Technologies's r&d spending decreased from $4.3M to $3.6M, a change of −$744,000. The latest reported quarter, Q3 2026, shows $600,000.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ocean Power Technologies source filings ↗