Ocean Power Technologies Income Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Revenue	3.44	5.86	5.53	2.73	1.76	1.21
Revenue Growth (YoY)	-43.84%	6.08%	102.23%	55.32%	45.85%	-28.30%
Fuel and Purchased Power Expense	5.37	4.2	2.7	2.5	1.86	2.28
Gross Profit	-1.94	1.66	2.83	0.24	-0.1	-1.07
Other Operating Expenses	31.81	46.69	64.39	57.79	42.96	12.52
Operating Income	-33.74	-21.69	-29.33	-29.22	-21.55	-13.59
Interest Income	-1.6	0.05	0.8	0.9	0.12	0.12
Other Non-Operating Income (Expense)	-1.66	-0.91	-0.28	2.82	0.67	-0.07
Total Non-Operating Income (Expense)	-3.26	-0.86	0.52	3.72	0.8	0.06
Pretax Income	-37.04	-22.55	-28.74	-26.6	-20.7	-14.76
Provision for Income Taxes	-1.03	-1.03	-1.25	-0.28	-1.82	-
Net Income	-36.01	-21.51	-27.48	-26.33	-18.87	-14.76
Net Income to Common	-36.01	-21.51	-27.48	-26.33	-18.87	-14.76
Shares Outstanding (Basic)	182	127	59	56	54	30
Shares Outstanding (Diluted)	182	127	59	56	54	30
Shares Change (YoY)	83.08%	114.99%	5.42%	3.68%	79.92%	316.37%
EPS (Basic)	-0.20	-0.17	-0.47	-0.47	-0.35	-0.49
EPS (Diluted)	-0.20	-0.17	-0.47	-0.47	-0.35	-0.49
Shares Outstanding	216.11	171.26	61.26	56.26	55.88	52.46
Free Cash Flow	-25.84	-19.14	-32.35	-22.73	-21.44	-11.7
Free Cash Flow Per Share	-0.14	-0.15	-0.55	-0.41	-0.40	-0.39
Gross Margin	-56.39%	28.32%	51.15%	8.64%	-5.74%	-88.97%
Operating Margin	-982.30%	-370.00%	-530.88%	-1069.40%	-1225.30%	-1127.03%
Profit Margin	-1048.18%	-367.02%	-497.43%	-963.62%	-1073.00%	-1223.88%
FCF Margin	-752.23%	-326.55%	-585.48%	-831.85%	-1218.93%	-970.15%
EBITDA	-32.82	-20.78	-28.76	-28.88	-21.32	-13.44
EBITDA Margin	-955.37%	-354.60%	-520.60%	-1056.92%	-1212.22%	-1114.68%
EBIT	-33.74	-21.69	-29.33	-29.22	-21.55	-13.59
EBIT Margin	-982.30%	-370.00%	-530.88%	-1069.40%	-1225.30%	-1127.03%
Effective Tax Rate	2.79%	4.59%	4.36%	1.04%	8.81%	0.00%

Updated Mar 17, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q