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How Ocean Power Technologies (OPTT) makes money
Ocean Power Technologies (OPTT) made $1.7M of revenue in the first quarter fiscal 2027 (Q1 FY27), +44% from a year earlier. Service brought in $698K (41%); Buoy brought in $616K (36%); WAM-V brought in $389K (23%).
Drawing the Sankey…
Revenue by segment, Q1 FY27
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Service | $698K | 41.0% | -52% | 63× |
| Buoy | $616K | 36.2% | +290% | +833% |
| WAM-V | $389K | 22.8% | 78× | -65% |
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $1.7M | 100.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $1.7M | +44% |
| Q4 FY26 | $1.6M | +23% |
| Q3 FY26 | $513K | -38% |
| Q2 FY26 | $424K | -82% |
| Q1 FY26 | $1.2M | -9% |
| Q4 FY25 | $1.3M | -16% |
| Q3 FY25 | $825K | -54% |
From Ocean Power Technologies' 10-Q filed Sep 14, 2026 (on EDGAR).
Questions
How does Ocean Power Technologies make money?
Ocean Power Technologies (OPTT) made $1.7M of revenue in the first quarter fiscal 2027 (Q1 FY27), +44% from a year earlier. Service brought in $698K (41%); Buoy brought in $616K (36%); WAM-V brought in $389K (23%).
What is Ocean Power Technologies' biggest business?
Service: $698K in the first quarter fiscal 2027, 41% of revenue, up 63-fold from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.