profit from every $100 of sales.
$0$100
Ocean Power Technologies
$0.32-52.96% today
-97.6% in 1 year
1-year low $0.321-year high $21.00
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Ocean Power Technologies sold, what it kept, and what it did with the cash.
Sales went from $1.76 million in 2022 to $5.86 million in 2025, with -$21.5 million of profit last year.
SalesProfit
Ocean Power Technologies vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Ocean Power Technologies | No profit yet | ||
 Contemporary Amperex Technology | 20.2× · Fair price | ||
 ABB | 32.0× · Expensive | ||
 Vertiv | 58.4× · Expensive | ||
 Delta Electronics (Thailand) Public | 95.5× · Very expensive |
AI analysis
An AI analyst reads Ocean Power Technologies's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2 | 3 | 6 | 6 | |
| -0 | 0 | 3 | 2 | |
| -22 | -28 | -29 | -22 | |
| -21 | -27 | -28 | -20 | |
| -19 | -26 | -27 | -22 | |
| -0.35 | -0.47 | -0.47 | -0.17 | |
| -5.7% | 8.6% | 51.1% | 28.3% | |
| -1,228.7% | -1,028.7% | -532.2% | -370.0% | |
| -1,073.0% | -963.6% | -497.4% | -367.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 73 | 53 | 29 | 31 |
| Cash | 8 | 7 | 3 | 7 |
| Total debt | 1 | 2 | 3 | 2 |
| Total liabilities | 5 | 9 | 9 | 4 |
| 69 | 44 | 19 | 27 | |
| 54 | 56 | 59 | 127 | |
| -24.5% | -48.5% | -106.0% | -60.2% | |
| -27.4% | -59.9% | -142.1% | -80.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -21 | -22 | -30 | -19 | |
| 0 | 1 | 3 | 1 | |
| -21 | -23 | -32 | -19 | |
| Dividends paid | – | – | – | – |
| 0 | – | – | – | |
| 1 | 1 | 1 | 5 |
Valuation
- –
- –
- –
- 34.0×
- 0.5×
- –
- –
- -660.1%
- -741.9%
- 0.0%
Profitability
- 28.3%
- -370.0%
- -367.0%
- -973.9%
- -113.7%
- -61.0%
- -154.5%
- -87.5%
- -157.4%
- 4.0%
Growth
- +49.4%
- –
- +40.8%
- –
- +43.4%
Financial health
- -0.2×
- 0.43
- 20.8%
- -21.1×
- 1.07
- 0.81
- 0.08
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 3%of 988
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 17, 2026 | -0.05 | -0.05 | +0.0% |
| Dec 15, 2025 | -0.06 | -0.02 | −200.0% |
| Sep 15, 2025 | -0.04 | – | – |
| Jul 24, 2025 | -0.04 | – | – |
| Mar 17, 2025 | -0.03 | – | – |
| Dec 16, 2024 | -0.04 | – | – |
| Sep 16, 2024 | -0.05 | – | – |
| Jul 25, 2024 | -0.12 | – | – |
News
Ocean Power Technologies plunges 42% after pricing $3M offeringSeeking Alpha · Nov 13, 2026Digital Ocean ticks higher it ups outlook, reports strong Q3 resultsSeeking Alpha · Nov 3, 2026Ocean Power Technologies and Stratum Holdings Sign Letter of Intent for Proposed Strategic Collaboration to Demonstrate Offshore Renewable-Powered Data Center AssetsYahoo Finance · Oct 26, 2026A new arms race is unfolding on the ocean floorCNBC · Sep 19, 2026Ocean Power Technologies issues going-concern warning, launches strategic reviewSeeking Alpha · Sep 14, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
35No pass
Benjamin Graham
23No pass
Philip Fisher
40No pass
Peter Lynch
67Pass
Joel Greenblatt
0No pass
Charlie Munger
26No pass
Terry Smith
31No pass
Questions about Ocean Power Technologies
Is Ocean Power Technologies a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Ocean Power Technologies AI analysis
What does Ocean Power Technologies do?
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It is in Electrical Equipment & Parts.
Does Ocean Power Technologies pay a dividend?
No. Ocean Power Technologies does not pay a dividend at the moment.
Is Ocean Power Technologies stock halal?
No. Ocean Power Technologies does not pass our halal screen: its debt is 62% of its market value, at or above the 33% limit. How we check
How has Ocean Power Technologies stock done over the past year?
Down 97.6% over the past twelve months, to $0.32. It traded between $0.32 and $21.00 and is 98.5% below its high.
Who are Ocean Power Technologies's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with Ocean Power Technologies's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.