Last quarter (Q3 2024), Ocean Power Technologies's total revenue was $1.79M, an increase of 144.14% from the same quarter last year. In Q3, Ocean Power Technologies's net income was $-6.51M. See Ocean Power Technologies’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Apr 23	Apr 22	Apr 21	Apr 20	Apr 19
Total Revenue	$ 4.93M	$ 2.73M	$ 1.76M	$ 1.21M	$ 1.68M	$ 632.00K
Cost of Revenue	$ 2.49M	$ 2.50M	$ 1.86M	$ 2.28M	$ 1.79M	$ 1.30M
Gross Profit	$ 2.44M	$ 236.00K	$ -101.00K	$ -1.07M	$ -105.00K	$ -671.00K
Operating Expense	$ 35.16M	$ 29.45M	$ 21.45M	$ -1.13M	$ 11.26M	$ 12.60M
Operating Income	$ -31.55M	$ -29.22M	$ -21.61M	$ -1.07M	$ -11.37M	$ -13.27M
Net Non Operating Interest Income Expense	$ 1.06M	$ 902.00K	$ 124.00K	$ 124.00K	$ 124.00K	$ 35.00K
Other Income Expense	$ 2.25M	$ 1.11M	$ -950.00K	$ 83.00K	$ -6.00K	$ 140.00K
Pretax Income	$ -31.55M	$ -26.60M	$ -20.70M	$ -2.24M	$ -11.25M	$ -13.10M
Tax Provision	$ -1.25M	$ -278.00K	$ -1.82M	$ 0.00	$ -895.00K	$ -850.00K
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ -29.82M	$ -28.04M	$ -18.90M	$ -2.24M	$ -10.35M	$ -12.25M
Basic EPS	-	-	-	-	-	-
Diluted EPS	-	-	-	-	-	-
Basic Average Shares	-	-	-	-	-	-
Diluted Average Shares	-	-	-	-	-	-
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 37.66M	$ 31.95M	$ 23.31M	$ 1.15M	$ 13.05M	$ 13.90M
Net Income From Continuing And Discontinued Operation	$ -30.23M	$ -26.30M	$ -18.90M	$ -2.24M	$ -10.35M	$ -12.25M
Normalized Income	$ -27.77M	$ -23.27M	-	-	$ -10.35M	$ -12.38M
Interest Expense	-	-	-	-	-	-
EBIT	$ -32.61M	$ -27.51M	$ -20.82M	$ -2.37M	$ -11.37M	$ -13.27M
EBITDA	$ -32.06M	$ -26.76M	$ -20.25M	$ -1.99M	$ -11.01M	$ -13.09M

Currency in USD

Ocean Power Technologies Earnings and Revenue History

Get More with TipRanks Premium

What's Included in PREMIUM?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing