Company / Gross Profit
Ocean Power Technologies, Inc. Gross Profit History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$1.7M
FY2024
5-year range
-$1.1M / $1.7M
FY2020-FY2024
Trend
+1743.6%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit changed +1744% YoY in FY2024, a notable deviation from the 8-year average annual change of -159%.
Based on SEC 10-K filings.
$2M in FY2024.
Improved from -$1M to $2M over the past 2 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2024, gross profit increased 1743.6% year-over-year.
- Lowest gross profit in the period was in FY2022.
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 | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $1.7M | +1743.6% |
| FY2023 | -$101.0K | +90.6% |
| FY2022 | -$1.1M | -962.4% |
| FY2021 | -$101.0K | +84.9% |
| FY2020 | -$671.0K | -539.0% |
| FY2019 | -$105.0K | +84.4% |
| FY2018 | -$671.0K | -1913.5% |
| FY2017 | $37.0K | +138.9% |
| FY2016 | -$95.0K | -356.8% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026