Ocean Power Technologies, Inc. (OPTT)

Ocean Power Technologies Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Cash & Equivalents	7.36	8.72	6.72	3.15	6.88	7.89
Short-Term Investments	-	-	-	-	27.79	49.38
Cash & Short-Term Investments	7.36	8.72	6.72	3.15	34.67	57.27
Cash Growth	-25.40%	29.84%	113.11%	-90.91%	-39.46%	-31.08%
Accounts Receivable	1.52	1.18	2.28	0.81	0.9	0.87
Receivables	1.52	1.18	2.28	0.81	0.9	0.87
Inventory	5.54	4.65	4.22	5.25	1.1	0.44
Prepaid Expenses	0.33	0.51	0.3	0.53	0.7	0.34
Restricted Cash	0.15	0.15	-	-	0.07	0.26
Other Current Assets	0.54	0.68	0.1	0.8	0.24	0.13
Total Current Assets	15.43	15.89	13.62	10.54	37.67	59.3
Property, Plant & Equipment	11.41	12.14	5	5.85	3.03	1.2
Goodwill	8.54	8.54	8.54	8.54	8.54	8.54
Other Intangible Assets	3.32	3.36	3.49	3.62	3.98	4.14
Other Long-Term Assets	-	-	0.15	0.15	0.16	0.22
Total Assets	38.71	39.92	30.79	28.7	53.37	73.39

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Accounts Payable	6.73	4.37	0.57	3.37	0.95	0.91
Accrued Expenses	1.78	0.96	1.27	1.79	2.17	0.49
Short-Term Debt	8.07	10.43	-	-	-	-
Current Portion of Leases	1.23	1.2	1.15	0.77	0.53	0.32
Current Unearned Revenue	5.09	6.03	-	0.3	1.38	0.13
Other Current Liabilities	6.64	3.42	0.3	1.13	2.88	1.14
Total Current Liabilities	29.53	26.41	3.29	7.36	7.91	2.98
Long-Term Leases	0.52	0.84	0.65	1.8	1.31	0.54
Long-Term Deferred Tax Liabilities	0.2	0.2	0.2	0.2	0.2	0.2
Other Long-Term Liabilities	-	-	-	-	-	0.84
Total Liabilities	30.25	27.45	4.14	9.36	9.42	4.56

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Common Stock	0.27	0.23	0.17	0.06	0.06	0.06
Additional Paid-In Capital	401.5	395.03	359.54	327.28	324.39	322.93
Retained Earnings	-391.5	-380.96	-332.05	-307.58	-280.1	-253.77
Treasury Stock	-1.83	-1.83	-1.02	-0.37	-0.36	-0.34
Comprehensive Income & Other	-	-	-	-0.05	-0.05	-0.05
Shareholders' Equity	8.45	12.48	26.65	19.34	43.95	68.83
Total Liabilities & Equity	38.71	39.92	30.79	28.7	53.37	73.39

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 31, 2026	Apr 30, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022
Total Debt	9.82	12.47	1.8	2.57	1.84	0.86
Net Cash (Debt)	-2.46	-3.75	4.92	0.58	32.83	56.41
Net Cash Growth	-	-	749.05%	-98.24%	-41.80%	-30.39%
Net Cash Per Share	-0.35	-0.58	1.16	0.29	17.59	31.33
Filing Date Shares Outstanding	9	8.92	5.92	3.09	1.96	1.83
Total Common Shares Outstanding	9	7.62	5.71	2.04	1.88	1.84
Working Capital	-14.1	-10.52	10.33	3.18	29.77	56.33
Book Value Per Share	0.94	1.64	4.67	9.47	23.44	37.51
Tangible Book Value	-3.41	0.58	14.63	7.19	31.44	56.16
Tangible Book Value Per Share	-0.38	0.08	2.56	3.52	16.76	30.60
Machinery	5.66	5.54	2.61	2.74	1.87	1.54
Construction In Progress	-	-	-	-	-	0.02
Leasehold Improvements	0.68	0.68	0.68	0.68	0.61	0.48
Order Backlog	-	20.1	12.5	4.9	4	0.6

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 14, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 30, 2026

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