Develops autonomous maritime surveillance systems for defense and offshore energy markets.
Jul 2026Revenue $4.26M/yrExpenses $50.6M/yr
No trendCash runway ≈ 3 months from Jul 2026
Figures by year
When will Ocean Power Technologies be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jul 2026, revenue was $4.26M and expenses $50.6M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Apr 2026 | $3.74M | $42.1M | −$38.4M |
| Apr 2025 | $5.86M | $27.5M | −$21.7M |
| Apr 2024 | $5.53M | $34.9M | −$29.3M |
| Apr 2023 | $2.73M | $31.9M | −$29.2M |
| Apr 2022 | $1.76M | $23.3M | −$21.6M |
| Apr 2021 | $1.21M | $14.8M | −$13.6M |
| Apr 2020 | $1.70M | $13.1M | −$11.4M |
| Apr 2019 | $600K | $13.9M | −$13.3M |
| Apr 2018 | $511K | $12.1M | −$11.6M |
| Apr 2017 | $843K | $12.5M | −$11.7M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.