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Ocean Power Technologies vs Fervo Energy: OPTT and FRVO compared
Ocean Power Technologies is the larger company: $1.7M of revenue in its latest quarter (Q1 FY27) against $113K for Fervo Energy (Q2 2026).
Where the money goes: OPTT and FRVO
Ocean Power Technologies (OPTT) · Q1 FY27
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 follows the revenue to costs, profit and cash.
Fervo Energy (FRVO) · Q2 2026
Fervo Energy, Q2 2026: revenue $113K, net loss $55.9M, operating cash flow −$34.7M. The chart follows the revenue to costs, profit and cash.
| Ocean Power Technologies (OPTT) | Fervo Energy (FRVO) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q2 2026 |
| Revenue | $1.7M | $113K |
| Revenue growth, Y/Y | +44% | — |
| Operating margin | -885.3% | n/m |
| Net earnings | −$10.5M | −$55.9M |
| Net margin | -616.6% | — |
| Operating cash flow | −$10.2M | −$34.7M |
Where the revenue comes from
Ocean Power Technologies
- Service: $698K (41%)
- Buoy: $616K (36%)
- WAM-V: $389K (23%)
Questions
Which is bigger, Ocean Power Technologies or Fervo Energy?
Ocean Power Technologies is the larger company: $1.7M of revenue in its latest quarter (Q1 FY27) against $113K for Fervo Energy (Q2 2026).
More: Ocean Power Technologies earnings · how Ocean Power Technologies makes money · Fervo Energy earnings · how Fervo Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Sep 14, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.