Company / Cost of Revenue
Ocean Power Technologies, Inc. Cost of Revenue History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$4.2M
FY2024
5-year range
$1.9M / $4.2M
FY2020-FY2024
Trend
+125.9%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue has fluctuated over the past 9 years, ranging from $668,000 in FY2017 to $4M in FY2024.
Based on SEC 10-K filings.
$4M in FY2024 with a 5-year CAGR of +18.6%.
Increased from $2M to $4M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +31.2%
- 5-Year CAGR
- +18.6%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +18.6%, indicating consistent growth.
- In FY2024, cost of revenue increased 125.9% year-over-year.
- Lowest cost of revenue in the period was in FY2017.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -6.11 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $4.2M | +125.9% |
| FY2023 | $1.9M | -18.4% |
| FY2022 | $2.3M | +22.5% |
| FY2021 | $1.9M | +42.7% |
| FY2020 | $1.3M | -27.1% |
| FY2019 | $1.8M | +37.1% |
| FY2018 | $1.3M | +95.1% |
| FY2017 | $668.0K | -28.8% |
| FY2016 | $938.0K | +40.4% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026