Filing Flows › Ocean Thermal Energy (CPWR) › Q2 2026
Ocean Thermal Energy (CPWR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Ocean Thermal Energy (CPWR) reported revenue of $92K for the second quarter 2026 (Q2 2026), -89% from a year earlier and -77% from the quarter before. Operating margin was -523.6%.
Ocean Thermal Energy, Q2 2026: revenue $92K (-89% year over year), operating margin -523.6%, net loss $5.2M, operating cash flow −$153K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $92K | -77% | -89% |
| Operating profit | −$484K | — | — |
| Net earnings | −$5.2M | -108% | — |
| Operating cash flow | −$153K | — | -259% |
What changed
Revenue was $92K in Q2 2026, down 89% year over year and down 77% from the previous quarter.
Operating costs exceeded revenue by $484K, an operating margin of -523.6%. The fastest-growing cost line was General & admin (+193%). The quarter ended with a net loss of $5.2M, after a profit of $62.0M the previous quarter. Net interest and other expense of $4.7M was the main reason.
Operating cash flow was −$153K. Working capital and other items added $5.1M.
Questions
What was Ocean Thermal Energy's revenue in the second quarter 2026?
Ocean Thermal Energy (CPWR) reported revenue of $92K for the second quarter 2026 (Q2 2026), -89% from a year earlier and -77% from the quarter before.
Was Ocean Thermal Energy profitable in the second quarter 2026?
Operating loss was $484K (-523.6% of revenue) and net loss $5.2M.