The earnings call reflected a positive sentiment with strong achievements in backlog, revenue growth, partnerships, and operational efficiencies. While there were challenges related to macroeconomic factors and procurement delays, the company's strategic positioning and financial strengthening indicate a robust outlook.

Company Guidance

During the Ocean Power Technologies Fourth Quarter and Full Fiscal Year 2025 Earnings Conference Call, several key metrics were highlighted. The company ended fiscal year 2025 with a record $12.5 million in funded backlog, reflecting strong customer confidence and demand for their solutions. Revenue for the year increased to $5.9 million, up 7% from the previous year's $5.5 million, despite a 26% reduction in operating expenses, which totaled $23.4 million, down from $32.2 million in FY '24. This resulted in a 22% improvement in the net loss, which decreased from $27.5 million to $21.5 million. Moreover, the company's cash position improved, with $6.7 million in total cash and equivalents as of April 30, 2025, compared to $3.2 million at the end of FY '24, further bolstered by a $10 million unsecured debt financing. These financial metrics underscore the company's strategic expansion efforts and operational efficiency as they enter fiscal year 2026.

Record Funded Backlog

Entered fiscal '26 with $12.5 million in funded backlog, the highest in the company's history, indicating strong customer confidence and demand for solutions.

Revenue Growth and Cost Reduction

Fiscal 2025 was a record year for revenue with $5.9 million, a 7% increase over the prior year, alongside a 26% reduction in operating expenses.

Strategic Partnerships and Certifications

Expanded partnerships with key players like Red Cat and Teledyne Marine and achieved ISO 9001 certification for quality management, enhancing market credibility and operational foundation.

Involvement in U.S. Navy's Project Overmatch

OPT's WAM-V platforms were selected for the U.S. Navy's autonomy exercises, reflecting high trust and alignment with defense goals.

Strengthened Financial Position

Secured $10 million unsecured debt financing post-fiscal year-end, boosting liquidity and enabling execution on record backlog.

Ocean Power Technologies (OPTT) Earnings, Revenues Date & History

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OPTT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 10, 2025	2026 (Q2)	-0.02 / -	-0.036	―	―	―
Sep 15, 2025	2026 (Q1)	- / -0.04	-0.054	25.93% (+0.01)	―	―
Jul 24, 2025	2025 (Q4)	- / -0.04	-0.112	64.29% (+0.07)	―
Mar 18, 2025	2025 (Q3)	- / -0.05	-0.111	58.56% (+0.07)	―	―
Dec 16, 2024	2025 (Q2)	- / -0.04	-0.123	70.73% (+0.09)	―
Sep 16, 2024	2025 (Q1)	- / -0.05	-0.12	55.00% (+0.07)	―
Jul 25, 2024	2024 (Q4)	- / -0.11	-0.17	34.12% (+0.06)	―
Mar 13, 2024	2024 (Q3)	- / -0.11	-0.109	-1.83% (>-0.01)	―
Dec 13, 2023	2024 (Q2)	- / -0.12	-0.087	-41.38% (-0.04)	―
Sep 13, 2023	2024 (Q1)	- / -0.12	-0.105	-14.29% (-0.01)

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
Sep 15, 2025	$0.55	$0.49	-10.91%
Jul 24, 2025	$0.75	$0.64	-14.67%
Mar 18, 2025	$0.61	$0.50	-18.03%
Dec 16, 2024	$0.32	$0.29	-9.38%

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.