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OPTT · XBRL financial data

Ocean Power Technologies financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

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How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal quarters (OPTT's year ends in late April)

In thousands of dollarsOct 31, 2023Jan 31, 2024Apr 30, 2024Jul 31, 2024Oct 31, 2024Jan 31, 2025Apr 30, 2025Jul 31, 2025Oct 31, 2025Jan 31, 2026Apr 30, 2026†Jul 31, 2026
Revenue8891,7921,572*1,3012,4188251,316*1,1824245131,618*1,703
Revenue from contracts with customers——————————year only300
Cost of revenue401979710*8541,6236281,095*1,2051,8041,268year only4,534
Gross profit488813862*447795197221*(23)(1,380)(755)—(2,831)
Research and development2,1001,5002,200*5007001,3001,000*600300600——
General and administrative————518789948*6526748491,393*2,225
Total operating expenses7,9958,5517,509*4,9204,7106,0727,644*7,0558,7438,3638,282*12,246
Other operating income (expense)————(1)(13)(71)*—(138)95(848)*1
Operating income (loss)(7,484)(7,705)(6,764)*(4,473)(3,915)(5,875)(7,423)*(7,078)(10,123)(9,118)(12,045)*(15,077)
Interest expense——————————year only278
Other income (expense)—————(13)——(128)96——
Income tax expense (benefit)—(1,254)0*———year only—————
Net income (loss)(7,213)(6,509)(6,722)*(4,453)(3,913)(6,720)(6,426)*(7,388)(10,825)(11,366)(19,337)*(10,537)
Earnings per share, basic USD per share(0.12)(0.11)(0.11)*(0.05)(0.04)(0.04)—(0.04)(0.06)(0.06)(0.09)*(1.28)
Earnings per share, diluted USD per share(0.12)(0.11)(0.11)*(0.05)(0.04)(0.04)—(0.04)(0.06)(0.06)(0.09)*(1.28)
Weighted average shares, basic thousands of shares58,78258,86659,773*81,951108,397147,543—172,969183,559195,500226,415*8,237
Weighted average shares, diluted thousands of shares58,78258,86659,773*81,951108,397147,543—172,969183,559195,500226,415*8,237
  • † Share count changed about 1/30 in the period ending 2026-07-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Balance sheet

CSV

Fiscal quarters (OPTT's year ends in late April)

In thousands of dollarsOct 31, 2023Jan 31, 2024Apr 30, 2024Jul 31, 2024Oct 31, 2024Jan 31, 2025Apr 30, 2025Jul 31, 2025Oct 31, 2025Jan 31, 2026Apr 30, 2026†Jul 31, 2026
Cash and cash equivalents3,2924,7203,1513,1822,09210,0266,7159,86011,6597,0568,7197,356
Short-term investments15,4274,377——————————
Accounts receivable5166257969631,7851,6261,1912,2071,1006,1325871,249
Inventory2,5463,4604,8315,6814,7743,9494,2224,8654,6945,2373,1904,552
Total current assets23,83117,54410,54311,0889,42016,83113,61618,38018,92721,10715,88815,432
Property and equipment, net1,8062,2173,4433,6133,2923,5893,4444,7035,8635,79710,2559,798
Right-of-use asset1,5502,6102,4052,1981,9871,7721,5521,3882,4142,1531,8861,614
Goodwill8,5378,5378,5378,5378,5378,5378,5378,5378,5378,5378,5378,537
Total assets39,62234,56428,70429,17926,94634,40630,79336,61839,31841,13839,92338,705
Accounts payable1,7541,4663,3661,7413516375681,2831,4361,5434,3666,726
Accrued liabilities2,0942,9911,7871,5791,4282,2401,2711,2931,3183,0474,2324,608
Total current liabilities6,7087,0357,3595,1413,3794,3423,28911,61915,36119,69726,40729,527
Lease liability, non-current1,0602,0651,7981,5251,2459506496061,4551,150837522
Total liabilities7,9719,3039,3606,8694,8275,4954,14112,42817,01921,05027,44730,252
Accumulated deficit(294,348)(300,857)(307,579)(312,031)(315,944)(322,664)(329,090)(336,478)(347,302)(358,668)(380,961)(391,498)
Total stockholders' equity31,65125,26119,34422,31022,11928,91126,65224,19022,29920,08812,4768,453
Total liabilities and equity39,62234,56428,70429,17926,94634,40630,79336,61839,31841,13839,92338,705
Common shares outstanding (cover page) thousands of shares58,78959,46492,70997,936146,039170,051177,543183,014194,960228,023270,1399,005
  • † Share count changed about 1/30 in the period ending 2026-07-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Cash flows

CSV

Fiscal quarters (OPTT's year ends in late April)

In thousands of dollarsOct 31, 2023Jan 31, 2024Apr 30, 2024Jul 31, 2024Oct 31, 2024Jan 31, 2025Apr 30, 2025Jul 31, 2025Oct 31, 2025Jan 31, 2026Apr 30, 2026†Jul 31, 2026
Net income (loss)(7,213)(6,509)(6,722)*(4,453)(3,913)(6,720)(6,426)*(7,388)(10,825)(11,366)(19,337)*(10,537)
Stock-based compensation300100352*2592928003,272*2,3992,7922,6001,697*1,829
Depreciation and amortization101*—year only—————————
Net cash from operating activities(7,505)*(9,216)*(5,052)*(6,124)(4,766)*(3,738)*(4,006)*(5,605)(7,531)*(6,788)*(851)*(10,240)
Purchases of property and equipment565*526*1,361*374(246)*222*155*1,453266*35*2,254*124
Net cash from investing activities6,903*10,590*3,030*(374)246*(222)*(155)*(1,453)(266)*(35)*(2,254)*(124)
Proceeds from issuing common stock—0*454*6,529979*9,372*849*3372,617*2,226*2,412*1,405
Share repurchases0*—year only—————————
Net cash from financing activities29*(11)*453*6,5293,430*11,894*850*10,2039,596*2,220*4,768*9,001
Net change in cash(573)*1,363*(1,569)*31(1,090)*7,934*(3,311)*3,1451,799*(4,603)*1,663*(1,363)
  • † Share count changed about 1/30 in the period ending 2026-07-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Compare with peers

SIC 4911 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 4911 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
CompanyCash ($K)Revenue, quarter ($K)Operating cash flow, quarter ($K)Shares outstandingRunwayQuarter
Ocean Power Technologies7,356300(10,240)9.0M0.7 quarters 10-QJul 31, 2026
Spruce Power Holding44,66030,347(3,228)*19.3M13.8 quarters 10-QJun 30, 2026
Bimergen Energy9,3777,903469*7.1M— 10-QJun 30, 2026
Fervo Energy2,106,371113(34,736)*not reported60.6 quarters 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.