Ocean Power Technologies Revenue Growth & History (OPTT)
Ocean Power Technologies reported $700,000 in revenue for fiscal 2026, a decrease of 88.06% from the previous fiscal year.
View full Ocean Power Technologies company overviewOcean Power Technologies annual revenue and growth
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2026
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-04-30 | $700,000 | −$5.2M | −88.06% |
| 2025 | 2025-04-30 | $5.9M | $336,000 | +6.08% |
| 2024 | 2024-04-30 | $5.5M | $2.8M | +102.23% |
| 2023 | 2023-04-30 | $2.7M | $973,000 | +55.32% |
| 2022 | 2022-04-30 | $1.8M | $553,000 | +45.85% |
| 2021 | 2021-04-30 | $1.2M | −$476,000 | −28.30% |
| 2020 | 2020-04-30 | $1.7M | $1.1M | +166.14% |
| 2019 | 2019-04-30 | $632,000 | $121,000 | +23.68% |
| 2018 | 2018-04-30 | $511,000 | −$332,000 | −39.38% |
| 2017 | 2017-04-30 | $843,000 | $138,000 | +19.57% |
| 2016 | 2016-04-30 | $705,000 | −$3.4M | −82.83% |
| 2015 | 2015-04-30 | $4.1M | $2.6M | +173.90% |
| 2014 | 2014-04-30 | $1.5M | −$2.1M | −58.55% |
| 2013 | 2013-04-30 | $3.6M | −$2.1M | −36.98% |
| 2012 | 2012-04-30 | $5.7M | −$952,576 | −14.24% |
| 2011 | 2011-04-30 | $6.7M | — | — |
Ocean Power Technologies quarterly revenue
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| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q4 2026 | 2026-04-30 | −$1.4M | −$2.7M | −207.74% |
| Q3 2026 | 2026-01-31 | $513,000 | −$312,000 | −37.82% |
| Q2 2026 | 2025-10-31 | $424,000 | −$2.0M | −82.46% |
| Q1 2026 | 2025-07-31 | $1.2M | −$119,000 | −9.15% |
| Q4 2025 | 2025-04-30 | $1.3M | −$255,000 | −16.22% |
| Q3 2025 | 2025-01-31 | $825,000 | −$967,000 | −53.96% |
| Q2 2025 | 2024-10-31 | $2.4M | $1.5M | +171.99% |
| Q1 2025 | 2024-07-31 | $1.3M | $29,000 | +2.28% |
| Q4 2024 | 2024-04-30 | $1.6M | $591,000 | +60.24% |
| Q3 2024 | 2024-01-31 | $1.8M | $1.1M | +144.14% |
| Q2 2024 | 2023-10-31 | $889,000 | $586,000 | +193.40% |
| Q1 2024 | 2023-07-31 | $1.3M | $558,000 | +78.15% |
| Q4 2023 | 2023-04-30 | $981,000 | $225,000 | +29.76% |
| Q3 2023 | 2023-01-31 | $734,000 | $250,000 | +51.65% |
| Q2 2023 | 2022-10-31 | $303,000 | $56,000 | +22.67% |
| Q1 2023 | 2022-07-31 | $714,000 | $442,000 | +162.50% |
| Q4 2022 | 2022-04-30 | $756,000 | $154,000 | +25.58% |
| Q3 2022 | 2022-01-31 | $484,000 | $167,000 | +52.68% |
| Q2 2022 | 2021-10-31 | $247,000 | $129,000 | +109.32% |
| Q1 2022 | 2021-07-31 | $272,000 | $103,000 | +60.95% |
| Q4 2021 | 2021-04-30 | $602,000 | $51,000 | +9.26% |
| Q3 2021 | 2021-01-31 | $317,000 | −$408,000 | −56.28% |
| Q2 2021 | 2020-10-31 | $118,000 | −$86,000 | −42.16% |
| Q1 2021 | 2020-07-31 | $169,000 | −$33,000 | −16.34% |
| Q4 2020 | 2020-04-30 | $551,000 | $359,000 | +186.98% |
| Q3 2020 | 2020-01-31 | $725,000 | $457,000 | +170.52% |
| Q2 2020 | 2019-10-31 | $204,000 | $63,000 | +44.68% |
| Q1 2020 | 2019-07-31 | $202,000 | $171,000 | +551.61% |
| Q4 2019 | 2019-04-30 | $192,000 | −$30,000 | −13.51% |
| Q3 2019 | 2019-01-31 | $268,000 | $268,000 | — |
| Q2 2019 | 2018-10-31 | $141,000 | $47,000 | +50.00% |
| Q1 2019 | 2018-07-31 | $31,000 | −$164,000 | −84.10% |
| Q4 2018 | 2018-04-30 | $222,000 | −$28,000 | −11.20% |
| Q3 2018 | 2018-01-31 | $0 | −$221,000 | −100.00% |
| Q2 2018 | 2017-10-31 | $94,000 | −$76,000 | −44.71% |
| Q1 2018 | 2017-07-31 | $195,000 | −$7,000 | −3.47% |
| Q4 2017 | 2017-04-30 | $250,000 | $150,078 | +150.20% |
| Q3 2017 | 2017-01-31 | $221,000 | $216,000 | +4320.00% |
| Q2 2017 | 2016-10-31 | $170,000 | −$324,412 | −65.62% |
| Q1 2017 | 2016-07-31 | $202,000 | $96,334 | +91.17% |
| Q4 2016 | 2016-04-30 | $99,922 | −$388,675 | −79.55% |
| Q3 2016 | 2016-01-31 | $5,000 | −$323,511 | −98.48% |
| Q2 2016 | 2015-10-31 | $494,412 | −$1.3M | −71.71% |
| Q1 2016 | 2015-07-31 | $105,666 | −$1.4M | −93.14% |
| Q4 2015 | 2015-04-30 | $488,597 | $113,862 | +30.38% |
| Q3 2015 | 2015-01-31 | $328,511 | $128,889 | +64.57% |
| Q2 2015 | 2014-10-31 | $1.7M | $1.3M | +277.00% |
| Q1 2015 | 2014-07-31 | $1.5M | $1.1M | +234.22% |
| Q4 2014 | 2014-04-30 | $374,735 | −$33,146 | −8.13% |
| Q3 2014 | 2014-01-31 | $199,622 | −$665,931 | −76.94% |
| Q2 2014 | 2013-10-31 | $463,608 | −$896,691 | −65.92% |
| Q1 2014 | 2013-07-31 | $460,927 | −$521,469 | −53.08% |
| Q4 2013 | 2013-04-30 | $407,881 | −$980,717 | −70.63% |
| Q3 2013 | 2013-01-31 | $865,553 | −$58,066 | −6.29% |
| Q2 2013 | 2012-10-31 | $1.4M | −$155,138 | −10.24% |
| Q1 2013 | 2012-07-31 | $982,396 | −$928,456 | −48.59% |
| Q4 2012 | 2012-04-30 | $1.4M | −$540,069 | −28.00% |
| Q3 2012 | 2012-01-31 | $923,619 | −$599,982 | −39.38% |
| Q2 2012 | 2011-10-31 | $1.5M | −$348,970 | −18.72% |
| Q1 2012 | 2011-07-31 | $1.9M | $536,445 | +39.03% |
| Q4 2011 | 2011-04-30 | $1.9M | — | — |
| Q3 2011 | 2011-01-31 | $1.5M | — | — |
| Q2 2011 | 2010-10-31 | $1.9M | — | — |
| Q1 2011 | 2010-07-31 | $1.4M | — | — |
Ocean Power Technologies revenue growth trends
Over the last five reported fiscal years, revenue declined from $1.2M to $700,000, a compound annual decline of 10.31%. Ocean Power Technologies's latest reported quarter, Q4 2026, generated −$1.4M in revenue, a decrease of 207.74% year over year.
About the data
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Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Financial data
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