Ocean Power Technologies, Inc.
OPTT Industrials Specialty Industrial Machinery
Ocean Power Technologies, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $3.7 million, down 36.2% from fiscal 2025. In the quarter to July 2026, revenue grew 44.1%, EPS was flat, free cash flow fell 46.8% and total debt rose 13.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Ocean Power Technologies, Inc. (OPTT) P/E ratio
Ocean Power Technologies, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 0.0× (October 2026) — the current reading is the highest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2026 | 0.0× | — |
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jul 2026 | 0.0× | — |
| Apr 2026 | 0.0× | — |
| Jan 2026 | 0.0× | — |
| Oct 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| OPTT Ocean Power Technologies, Inc. | n/m |
| VGTK Camber Energy, Inc. compare | n/m |
| CETY Clean Energy Technologies, Inc. compare | n/m |
| BURU Nuburu, Inc. compare | 0.0× |
| JCSE JE Cleantech Holdings Limited compare | 36.5× |
| XCH XCHG Limited compare | — |
| INLF INLIF Limited compare | — |
| SPPL SIMPPLE LTD. compare | — |
| WFF WF Holding Limited compare | — |
| Specialty Industrial Machinery industry median | 28.4× |
| Industrials sector median | 24.7× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)