Ocean Power Technologies, Inc. First Quarter Fiscal 2026 Results
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: GlobeNewswire
Ocean Power Technologies Backlog Surges 184%Drives Accelerating Growth Outlook MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal first quarter (“1Q26”) Highlights include: 1Q26 RESULTS Backlog at July 31, 2025 was $15.0 million, a 184% increase over the 1Q25.Pipeline as of July 31, 2025 was $133.5 million, a 45% increase over the $92.0 million pipeline at April July 31, 2024.Cash operating expenses were consistent with the prior year’s cash operating expense levels, with the year-over-year increase detailed below attributable to non-cash stock compensation expense.Revenues for 1Q26 of $1.2 million decreased 9% compared to 1Q25 revenues of $1.3 million. 1Q26 and RECENT BUSINESS HIGHLIGHTS: We expanded our partnership with UAE-based Unique Group through a Master Services Agreement, strengthening our regional growth strategy. The agreement positi
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News
- Ocean Power Technologies to Announce Fiscal 2026 Second Quarter Results on December 15, 2025 [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies to Announce Fiscal 2026 Second Quarter Results on December 15, 2025GlobeNewswire
- Ocean Power Technologies and Mythos AI Partner to Advance Autonomous Maritime Capabilities [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies and Mythos AI Partner to Advance Autonomous Maritime CapabilitiesGlobeNewswire
- Ocean Power Technologies Recognized as Certified AUVSI Trusted UMS Operator Training ProviderGlobeNewswire
OPTT
Sec Filings
- 12/4/25 - Form DEFA14A
- 12/4/25 - Form DEF
- 11/20/25 - Form PRE
- OPTT's page on the SEC website