Reported Q: Q3 2025 Rev YoY: -54.0% EPS YoY: +58.6% Move: +1.31%
Ocean Power Technologies
OPTT
$0.471 1.31%
Exchange AMEX Sector Industrials Industry Electrical Equipment Parts
Q3 2025
Published: Mar 17, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for OPTT

Reported

Report Date

Mar 17, 2025

Quarter Q3 2025

Revenue

825.00K

YoY: -54.0%

EPS

-0.05

YoY: +58.6%

Market Move

+1.31%

Previous quarter: Q2 2025

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Earnings Highlights

  • Revenue of $0.83M down 54% year-over-year
  • EPS of $-0.05 increased by 58.6% from previous year
  • Gross margin of 23.9%
  • Net income of -6.72M
  • "N/A" - N/A
OPTT
Company OPTT

Executive Summary

Ocean Power Technologies Inc (OPTT) reported a modest Q3 2025 revenue of $0.825 million against a backdrop of material non-operating expenses and a sizable quarterly loss. Gross profit amounted to $0.197 million, yielding a gross margin of approximately 23.9%, but operating expenses surged by the impact of other charges to push EBITDA to a negative $5.689 million and net income to a loss of $6.72 million (EPS -$0.0455). The quarter was characterized by an accelerated cash burn from operations (-$3.74 million) and a sizable financing infusion (+$11.89 million) via equity issuance, which boosted ending cash to about $10.18 million and left OPTT with a net cash position of roughly -$7.96 million of net debt (net cash negative? Note: the company reports net debt negative, i.e., net cash). These dynamics imply a near-term liquidity runway contingent on further equity raises or licensing/contract wins, rather than robust operating cash generation. The balance sheet remains cash-rich for a small cap industrials player, with current ratio ~3.88 and a strong cash position, but accumulated deficits and a minimal revenue engine underscore the high execution risk in scaling commercialization of PowerBuoy-based solutions. Management commentary (where available) was not provided in the data; the narrative thus centers on cash-flow milestones, cost structure, and strategic repositioning needs to advance toward meaningful commercial cadence.

Key Performance Indicators

Revenue
Decreasing
825.00K
QoQ: -65.88% | YoY: -53.96%
Gross Profit
Decreasing
197.00K
23.88% margin
QoQ: -75.22% | YoY: -75.77%
Operating Income
Increasing
-5.88M
QoQ: -50.06% | YoY: 24.08%
Net Income
Decreasing
-6.72M
QoQ: -71.74% | YoY: -3.24%
EPS
Increasing
-0.05
QoQ: -26.04% | YoY: 58.64%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2026 0.42 -0.06 -67.4% View
Q1 2026 1.18 -0.04 -24.8% View
Q3 2025 0.83 -0.05 -54.0% View
Q2 2025 2.42 -0.04 +172.0% View
Q1 2025 1.30 -0.05 +2.3% View