Filing Flows › Ocean Power Technologies (OPTT) › Q4 FY26
Ocean Power Technologies (OPTT) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Aug 19, 2026
Ocean Power Technologies (OPTT) reported revenue of $1.6M for the fourth quarter fiscal 2026 (Q4 FY26), +23% from a year earlier and +215% from the quarter before. Operating margin was -744.4%.
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 follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | +215% | +23% |
| Operating profit | −$12.0M | — | — |
| Net earnings | −$19.3M | — | — |
| Operating cash flow | −$851K | — | — |
What changed
Revenue was $1.6M in Q4 FY26, up 23% year over year and up 215% from the previous quarter. Service was the largest line at 90% of revenue.
Operating costs exceeded revenue by $12.0M, an operating margin of -744.4%. The fastest-growing cost line was Other operating costs (+53%). The quarter ended with a net loss of $19.3M, wider than the previous quarter's $11.4M loss.
Operating cash flow was −$851K. Non-cash charges added back $297K of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $16.5M. Capital expenditures of $2.3M exceeded it, leaving free cash flow of −$3.1M.
Questions
What was Ocean Power Technologies' revenue in the fourth quarter fiscal 2026?
Ocean Power Technologies (OPTT) reported revenue of $1.6M for the fourth quarter fiscal 2026 (Q4 FY26), +23% from a year earlier and +215% from the quarter before.
Was Ocean Power Technologies profitable in the fourth quarter fiscal 2026?
Operating loss was $12.0M (-744.4% of revenue) and net loss $19.3M.