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Ocean Power Technologies (OPTT) R&D spending by quarter

Ocean Power Technologies' R&D spending was $600K in Q3 FY26 (third quarter fiscal 2026), +100% from Q2 FY26. Over the last 5 quarters it ranged from $300K (Q2 FY26) to $1.3M (Q3 FY25).

Ocean Power Technologies R&D spending by quarterOcean Power Technologies R&D spending by quarter$1.3MQ3 FY25$1.0MQ4 FY25$600KQ1 FY26$300KQ2 FY26$600KQ3 FY26
QuarterR&D spendingQ/QY/Y
Q3 FY26$600K+100%-54%
Q2 FY26$300K-50%—
Q1 FY26$600K-40%—
Q4 FY25$1.0M-23%—
Q3 FY25$1.3M——

Q3 FY26 at a glance

Ocean Power Technologies, Q3 FY26: revenue $513K (-38% year over year), net loss $11.4M, operating cash flow −$6.8M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ocean Power Technologies' R&D spending?

Ocean Power Technologies' R&D spending was $600K in Q3 FY26 (third quarter fiscal 2026), +100% from Q2 FY26.

How has Ocean Power Technologies' R&D spending changed?

Over the last 5 quarters it ranged from $300K (Q2 FY26) to $1.3M (Q3 FY25).

Q3 FY26 results → · How Ocean Power Technologies makes money →