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Filing Flows › Ocean Power Technologies (OPTT) › Q4 FY26 › vs Q3 FY26

Ocean Power Technologies (OPTT) Q4 FY26 vs Q3 FY26 (quarter over quarter)

Ocean Power Technologies's revenue rose $1.1M (+215%) from $513K in Q3 FY26 to $1.6M in Q4 FY26. The biggest changes: Product +$1.2M (+313%); WAM-V −$117K (-96%).

Ocean Power Technologies, Q4 FY26: revenue $1.6M (+23% year over year), operating margin -744.4%, net loss $19.3M, operating cash flow −$851K. The chart draws each line against Q3 FY26, the increases inside each band.

Ocean Power Technologies: what changed, Q4 FY26 vs Q3 FY26Ocean Power Technologies: what changed, Q4 FY26 vs Q3 FY26Working capital & other$14.8MCosts & expenses$9.1MNet loss$8.0MOperating cash sources$8.0MNet loss absorbed$8.0MCash used in operations−$5.9MInterest & other, net$5.0MCost of revenue$4.1MOperating costs$4.0MProduct$1.2M

Every line

LineQ4 FY26Q3 FY26Change%
Service$1.5M$329K$1.1M+342%
Buoy$158K$62K$96K+155%
Product$1.6M$391K$1.2M+313%
WAM-V$5K$122K−$117K-96%
Revenue$1.6M$513K$1.1M+215%
Net loss$19.3M$11.4M$8.0M+70%
Costs & expenses$21.0M$11.9M$9.1M+76%
Operating costs$13.7M$9.6M$4.0M+42%
Interest & other, net$7.3M$2.2M$5.0M+224%
Cost of revenue$5.4M$1.3M$4.1M+324%
General & admin$1.4M$849K$544K+64%
Other operating costs$6.9M$6.9M−$25K-0.4%
Operating cash sources$19.3M$11.4M$8.0M+70%
Depreciation & amortization$297K$267K$30K+11%
Share-based compensation$1.7M$2.6M−$903K-35%
Working capital & other$16.5M$1.7M$14.8M+864%
Cash used in operations$851K$6.8M−$5.9M-87%
Net loss absorbed$19.3M$11.4M$8.0M+70%

Questions

How much did Ocean Power Technologies's revenue grow quarter over quarter in Q4 FY26?

Ocean Power Technologies's revenue rose $1.1M (+215%) from $513K in Q3 FY26 to $1.6M in Q4 FY26.

What drove Ocean Power Technologies's revenue change in Q4 FY26?

Product +$1.2M (+313%); WAM-V −$117K (-96%).

Q4 FY26 results → · Compare in the interactive Sankey →