Ocean Power Technologies, Inc. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q1 2026.

Symbol
OPTT on NYSE
Location
Monroe Township, NJ
Fiscal year end
30 April
Latest financial report
17 Mar 2026

Quick Takeaways

  • OPTT - Ocean Power Technologies, Inc. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q1 2026.
  • Headline metric: Return On Equity -147%.

What Changed

  • Return On Equity YoY change: <span class="text-green-600">+83%</span>.
  • Most recent SEC facts end date: 13 Mar 2026.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2026-03-13) highlights Return On Equity -147.0%, Return On Assets -95.3%, and Operating Margin -982.0%.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

33.8/100

Weak Confidence high

Return On Equity

-147%

Metric score 0.0/100

Return On Assets

-95%

Metric score 0.0/100

Financial Health

Current Ratio
1.07x
Quick Ratio
0.67x
Debt to Equity
0.59x

Strengths

Current Ratio, Quick Ratio, and Debt-to-equity

Watchpoints

Return On Equity, Return On Assets, and Operating Margin

Key metrics snapshot

Return On Equity

-147%

YoY: +83%

Industry median: 8.1% (n=48)

View history

Return On Assets

-95%

YoY: +51%

Industry median: 2.4% (n=55)

View history

Operating Margin

-982%

YoY: +186%

Industry median: 20% (n=45)

View history

Current Ratio

1.07x

YoY: -72%

Industry median: 0.81x (n=57)

View history

Quick Ratio

0.67x

YoY: -75%

Industry median: 0.45x (n=37)

View history

Debt-to-equity

0.59x

YoY: +105%

Industry median: 1.88x (n=32)

View history

Revenues YoY

-44%

YoY:

Industry median: 9.2% (n=45)

View history

NetIncomeLoss YoY

-65%

YoY:

Industry median: 4.3% (n=45)

View history

Profitability

Metric Latest value YoY change
Return On Equity -147% +83%
Return On Assets -95% +51%
Operating Margin -982% +186%

Financial Health

Metric Latest value YoY change
Current Ratio 1.07x -72%
Quick Ratio 0.67x -75%
Debt-to-equity 0.59x +105%

Growth

Metric Latest value YoY change
Revenues YoY -44%
NetIncomeLoss YoY -65%

Share Metrics

Metric Latest value YoY change
Entity Common Stock, Shares Outstanding 228,023,439 +34%
Common Stock, Shares, Outstanding 216,107,328 +27%
Common Stock, Value, Issued $219,000 +29%
Weighted Average Number of Shares Outstanding, Basic 195,499,846 +33%
Weighted Average Number of Shares Outstanding, Diluted 195,499,846 +33%

Additional Metrics

Metric Latest value YoY change
Cost of Revenue $5,373,000 +41%
Research and Development Expense $3,300,000 -18%
General and Administrative Expense $849,000 +7.6%
Operating Income (Loss) $33,742,000 -60%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $37,038,000 -70%
Earnings Per Share, Basic -0.2 +20%
Earnings Per Share, Diluted -0.2 +20%
Cash and Cash Equivalents, at Carrying Value $7,056,000 -30%
Accounts Receivable, after Allowance for Credit Loss, Current $6,132,000 +277%
Inventory, Net $5,237,000 +33%
Other Assets, Current $1,957,000 +160%
Assets, Current $21,107,000 +25%
Property, Plant and Equipment, Net $5,797,000 +62%
Operating Lease, Right-of-Use Asset $2,153,000 +22%
Intangible Assets, Net (Excluding Goodwill) $3,390,000 -3.8%
Goodwill $8,537,000 0%
Assets $41,138,000 +20%
Accounts Payable, Current $1,543,000 +142%
Accrued Liabilities, Current $3,047,000 +36%
Contract with Customer, Liability, Current $5,372,000
Liabilities, Current $19,697,000 +354%
Deferred Income Tax Liabilities, Net $203,000 0%
Operating Lease, Liability, Noncurrent $1,150,000 +21%
Liabilities $21,050,000 +283%
Retained Earnings (Accumulated Deficit) $358,668,000 -11%
Stockholders' Equity Attributable to Parent $20,088,000 -31%
Liabilities and Equity $41,138,000 +20%
Share-based Payment Arrangement, Noncash Expense $11,061,000 +556%
Common Stock, Shares Authorized 300,000,000 +50%
Common Stock, Shares, Issued 218,789,721 +28%
Common Stock, Par or Stated Value Per Share 0.001 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $7,210,000 -29%
Operating Lease, Liability $2,321,000 +12%
Depreciation $792,000 +6.3%
Lessee, Operating Lease, Liability, to be Paid $2,493,000 -12%
Property, Plant and Equipment, Gross $8,965,000 +45%
Operating Lease, Liability, Current $1,171,000 +5%
Lessee, Operating Lease, Liability, to be Paid, Year Two $821,000 +150%
Lessee, Operating Lease, Liability, to be Paid, Year One $1,317,000 -29%
Operating Lease, Weighted Average Discount Rate, Percent 0.085 +1.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $172,000 -78%
Lessee, Operating Lease, Liability, to be Paid, Year Three $28,000 -92%
Preferred Stock, Shares Issued 0
Preferred Stock, Shares Authorized 5,000,000 0%
Additional Paid in Capital $380,360,000 +7.9%
Preferred Stock, Shares Outstanding 0
Amortization of Intangible Assets $132,000 -0.75%
Preferred Stock, Par or Stated Value Per Share 0.001 0%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY