Ocean Power Technologies (OPTT)
:OPTT
Earnings Data
Report Date
Jul 15, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveys strong commercial and programmatic momentum—large, rapidly growing backlog and pipeline, strategic government awards (including a $6.5M DHS contract), international deployments, and progress on autonomous docking and integrations that validate product-market fit in defense and maritime autonomy. Offsetting these positives are material near-term financial headwinds: revenue declined year-over-year due largely to timing from a government shutdown, gross profit turned negative because of one-time contract losses, operating expenses and stock-based compensation rose, net losses widened significantly, and operating cash burn increased while cash on hand remains modest. Management expects many timing-related items to convert later in the year and positions current investments as necessary to capture pipeline opportunities.Company Guidance
Record Backlog Growth
Backlog reached $19.9 million, an increase of $12.4 million and 165% year-over-year, signaling stronger contracted future revenue and conversion of opportunities across defense, government security, offshore energy and commercial applications.
Large Pipeline Expansion
Pipeline expanded to $163.9 million, up $74.7 million and 84% year-over-year, including larger strategic opportunities such as multi-vehicle programs and integrated buoy/USV surveillance solutions.
Significant DHS Award and Defense Positioning
Received a $6.5 million Department of Homeland Security award and integrated with Anduril, positioning PowerBuoy systems within next-generation defense sensing networks; first systems are ready for shipment with several more expected in coming weeks.
Progress on Autonomous Docking and Charging
Advanced integrated autonomous docking and charging solution from prototype to full-scale build with a targeted early access commercial launch in calendar year 2026 to enable persistent autonomous offshore operations.
International Deployments and Demonstrations
Expanded global footprint with shipment of a WAM-V autonomous service vehicle to Greece and recent exercises/demonstrations in Latin America (Brazil and Chile) and operational assets present in UAE, supporting international defense and commercial engagements.
Partnerships and Technology Integration
Progressed system integration and open-water validation with Mythos AI and integration with Anduril for data streaming and unified operating pictures, enhancing autonomy, navigation and mission data capabilities.
Operational Readiness and Inventory Strategy
Production throughput remains stable and company is prebuilding buoys to accelerate delivery; balance sheet shows inventory buildup to support anticipated orders, enabling faster fulfillment as contracts convert.
Cash Position Stability
Combined cash, cash equivalents and short-term investments were $7.2 million as of January 31, 2026, slightly up from $6.9 million at the beginning of the fiscal year, indicating short-term liquidity was maintained through the quarter.
OPTT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OPTT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 17, 2026 | $0.39 | $0.35 | -9.23% |
Dec 15, 2025 | $0.42 | $0.30 | -28.91% |
Sep 15, 2025 | $0.55 | $0.49 | -10.20% |
Jul 24, 2025 | $0.75 | $0.64 | -14.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ocean Power Technologies (OPTT) report earnings?
Ocean Power Technologies (OPTT) is schdueled to report earning on Jul 15, 2026, TBA (Confirmed).
What is Ocean Power Technologies (OPTT) earnings time?
Ocean Power Technologies (OPTT) earnings time is at Jul 15, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OPTT EPS forecast?
OPTT EPS forecast for the fiscal quarter 2026 (Q4) is -0.04.
