Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2026 Results
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: GlobeNewswire
MONROE TOWNSHIP, N.J., March 17, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results, including record backlog, for its fiscal third quarter (“3Q26”) ended January 31, 2026. Highlights include: 3Q26 RESULTS and RECENT HIGHLIGHTS OPT secured a multi-buoy contract totaling approximately $6.5 million from the U.S. Department of Homeland Security (“DHS”) supporting a U.S. Coast Guard maritime domain awareness mission off San Diego. The award provides multi-quarter revenue visibility, with delivery of four newly built MERROWS®-equipped PowerBuoy® systems beginning in Q4 of fiscal 2026. The contract further advances our shift toward higher-margin, recurring revenue. Strategically, this deployment with Anduril, a U.S. based defense technology company and the prime contractor for this project, positions our PowerBuoy® systems within a scalable, next-generation defense sensing architecture. Operating alon
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News
- Ocean Power Technologies reports record backlog, lands $6.5M DHS contract [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies, Inc. (OPTT) Q3 2026 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Ocean Power Technologies sees backlog surge in fiscal Q3 [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies sees expanding defense demand as backlog and pipeline grow [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies, Inc. Pre Releases Third Quarter Fiscal 2026 Results [Yahoo! Finance]Yahoo! Finance
OPTT
Earnings
- 3/17/26 - Miss
OPTT
Analyst Actions
- 12/19/25 - HC Wainwright
OPTT
Sec Filings
- 3/17/26 - Form 10-Q
- 3/13/26 - Form 8-K
- 3/6/26 - Form 4
- OPTT's page on the SEC website