Ocean Power Technologies R&D Spending Growth & History (OPTT)

Ocean Power Technologies's r&d spending was $3.6M for fiscal 2025.

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Ocean Power Technologies annual r&d spending history

Ocean Power Technologies annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20252025-04-30$3.6M−$4.1M−53.25%
20242024-04-30$7.7M−$2.3M−23.00%
20232023-04-30$10.0M
20212021-04-30$4.7M$403,000+9.28%
20202020-04-30$4.3M−$640,000−12.84%
20192019-04-30$5.0M$664,000+15.37%
20182018-04-30$4.3M−$709,000−14.10%
20172017-04-30$5.0M−$2.0M−28.68%
20162016-04-30$7.1M$2.9M+69.93%
20152015-04-30$4.1M−$415,510−9.10%
20142014-04-30$4.6M−$2.8M−37.70%
20132013-04-30$7.3M−$1.0M−12.11%
20122012-04-30$8.3M−$5.0M−37.40%
20112011-04-30$13.3M

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.

About the metric

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.

Calculation and source

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.

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