NYSEMKT: OPTT
Ocean Power Technologies Revenue

Ocean Power Technologies revenue was $7.08M for the trailing 12 months ending Oct 31, 2024, with N/A growth year over year. Quarterly revenue for the quarter (Q4 2024) ending on Oct 31, 2024 was $2.4M, up 85.9% from last quarter. For the last reported fiscal year 2024 ending Apr 30, 2024, OPTT annual revenue was $5.5M, with 102.2% growth year-over-year.

OPTT past revenue growth

How has OPTT's revenue growth performed historically?

Company
82.79%
Industry
31.86%
Market
32.16%
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Revenue Growth vs Industry Performance
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Revenue Growth vs Market Performance
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Accelerating Revenue Growth Performance

OPTT revenue history

Current Revenue
$7.1M
Current Earnings
-$21.6M
Current Profit Margin
-304.9%

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OPTT Revenue History By Year

OPTT Yearly RevenueOPTT RevenueOPTT ChangeOPTT Revenue Growth
2024-04-30$5.53M$2.79M+102.23%
2023-04-30$2.73M$973.00k+55.32%
2022-04-30$1.76M$553.00k+45.85%
2021-04-30$1.21M-$476.00k-28.30%
2020-04-30$1.68M$1.05M+166.14%
2019-04-30$632.00k$121.00k+23.68%
2018-04-30$511.00k-$332.00k-39.38%
2017-04-30$843.00k$138.00k+19.57%
2016-04-30$705.00k-$3.40M-82.83%
2015-04-30$4.11M$2.61M+173.90%
2014-04-30$1.50M-$2.12M-58.55%
2013-04-30$3.62M-$2.12M-36.98%
2012-04-30$5.74M-$952.58k-14.24%
2011-04-30$6.69M$1.59M+31.16%
2010-04-30$5.10M$1.05M+25.98%
2009-04-30$4.05M-$722.57k-15.14%
2008-04-30$4.77M$2.24M+88.52%
2007-04-30$2.53M$783.60k+44.84%
2006-04-30$1.75M-$3.62M-67.43%
2005-04-30$5.37M$652.03k+13.83%
2004-04-30$4.71MN/AN/A

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Ocean Power Technologies Revenue FAQ

What was OPTT's revenue last quarter?

On Invalid Date, Ocean Power Technologies (NYSEMKT: OPTT) reported Q3 2024 revenue of $2.42 million up 171.99% year over year. In the same quarter last year, Ocean Power Technologies's revenue was $889.00 thousand.

What was Ocean Power Technologies's revenue in 2024?

Ocean Power Technologies's annual revenue for the twelve months ending Apr 30, 2024 was $5.53 million, a 102.23% increase year over year.

How much does Ocean Power Technologies make in a day?

Based on Ocean Power Technologies annual revenue for the past five years, OPTT makes an average of $7,070.68 per day.

What was Ocean Power Technologies's annual revenue growth in the past year?

As of Q1 2025, Ocean Power Technologies's revenue has grown 82.79% year over year. This is 50.93 percentage points higher than the US Electrical Equipment & Parts industry revenue growth rate of 31.86%. Ocean Power Technologies's revenue in the past year totaled $7.08 million.

How much does Ocean Power Technologies make in a year?

Ocean Power Technologies's revenue by year for the past five years is:
  • Ocean Power Technologies's revenue for the twelve months ending Apr 30, 2024 was $5.53 million, a 102.23% increase year over year.
  • Ocean Power Technologies's annual revenue for Apr 30, 2023 was $2.73 million, a 55.32% increase from 2022.
  • Ocean Power Technologies's annual revenue for 2022 was $1.76 million, a 45.85% increase from 2021.
  • Ocean Power Technologies's annual revenue for 2021 was $1.21 million, a 28.3% decrease from 2020.
  • Ocean Power Technologies's annual revenue for 2020 was $1.68 million, a 166.14% increase from 2019.
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