Ocean Power Technologies, Inc. (OPTT) Net Income by Year
Ocean Power Technologies, Inc. reported a net loss of $48.9M in fiscal year 2026. This represents a decrease of 99.9% from the prior fiscal year. Over the trailing 12 months, Q2 FY2026 through Q1 FY2027, the same line adds up to a $52.1M net loss. The table below carries 15 fiscal years, from 2012 to 2026, and the quarters Ocean Power Technologies, Inc. has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
OPTT Net Income by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
| Metric | TTM | FY2610-K | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K | FY1610-K | FY1510-K | FY1410-K | FY1310-K | FY1210-K |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -$52.1M | -$48.9M-99.9% | -$24.5M+11.0% | -$27.5M-4.4% | -$26.3M-39.5% | -$18.9M-27.9% | -$14.8M-42.6% | -$10.4M+15.5% | -$12.2M-20.6% | -$10.2M-7.1% | -$9.5M+27.7% | -$13.1M-0.1% | -$13.1M-19.6% | -$11.0M+25.3% | -$14.7M+3.0% | -$15.1M |
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings.
OPTT Net Income by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
What net income means
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line.
More Ocean Power Technologies, Inc. financials
Frequently Asked Questions
What was Ocean Power Technologies, Inc.'s net income in fiscal year 2026?
Ocean Power Technologies, Inc. reported a net loss of $48.9M in fiscal year 2026.
How fast is Ocean Power Technologies, Inc.'s net income growing?
Ocean Power Technologies, Inc. (OPTT) net income fell by 99.9% year over year, from -$24.5M to -$48.9M in fiscal year 2026.
What is Ocean Power Technologies, Inc.'s net income over the last twelve months?
Ocean Power Technologies, Inc. (OPTT) reported a $52.1M net loss over the trailing 12 months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings.
How has Ocean Power Technologies, Inc.'s net income changed over the years?
Across the 15 fiscal years this page covers, Ocean Power Technologies, Inc. (OPTT) net income went from -$15.1M in fiscal year 2012 to -$48.9M in fiscal year 2026.
What was Ocean Power Technologies, Inc.'s net income in the most recent quarter?
Ocean Power Technologies, Inc. (OPTT) reported -$10.5M in net income in Q1 2027. This represents a decrease of 42.6% from the same quarter a year earlier.
What does net income mean on a financial statement?
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line. This page lists what Ocean Power Technologies, Inc. (OPTT) reported on that line in every period on record.