Filing Flows › Ocean Power Technologies (OPTT) › Q1 FY27 › vs Q1 FY26
Ocean Power Technologies (OPTT) Q1 FY27 vs Q1 FY26 (year over year)
Ocean Power Technologies's revenue rose $521K (+44%) from $1.2M in Q1 FY26 to $1.7M in Q1 FY27. The biggest changes: WAM-V −$716K (-65%); Service +$687K (63×); Buoy +$550K (+833%).
Ocean Power Technologies, Q1 FY27: revenue $1.7M (+44% year over year), operating margin -885.3%, net loss $10.5M, operating cash flow −$10.2M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Service | $698K | $11K | $687K | 63× |
| Buoy | $616K | $66K | $550K | +833% |
| WAM-V | $389K | $1.1M | −$716K | -65% |
| Revenue | $1.7M | $1.2M | $521K | +44% |
| Other income, net | $4.5M | −$310K | $4.8M | — |
| Income tax benefit | $37K | $0 | $37K | — |
| Net loss | $10.5M | $7.4M | $3.1M | +42% |
| Costs & expenses | $16.8M | $8.6M | $8.2M | +96% |
| Operating costs | $16.8M | $8.3M | $8.5M | +103% |
| Cost of revenue | $4.5M | $1.2M | $3.3M | +276% |
| General & admin | $2.2M | $652K | $1.6M | +241% |
| Other operating costs | $10.0M | $5.8M | $4.2M | +73% |
| Operating cash sources | $12.4M | $8.2M | $4.2M | +51% |
| Depreciation & amortization | $319K | $227K | $92K | +41% |
| Share-based compensation | $1.8M | $2.4M | −$570K | -24% |
| Cash used in operations | $10.2M | $5.6M | $4.6M | +83% |
| Net loss absorbed | $10.5M | $7.4M | $3.1M | +42% |
| Working capital & other | $1.9M | $843K | $1.0M | +124% |
Questions
How much did Ocean Power Technologies's revenue grow year over year in Q1 FY27?
Ocean Power Technologies's revenue rose $521K (+44%) from $1.2M in Q1 FY26 to $1.7M in Q1 FY27.
What drove Ocean Power Technologies's revenue change in Q1 FY27?
WAM-V −$716K (-65%); Service +$687K (63×); Buoy +$550K (+833%).