Company / Operating Income
Ocean Power Technologies, Inc. Operating Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$21.7M
FY2024
5-year range
-$21.7M / -$13.6M
FY2020-FY2024
Trend
-0.6%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Income has fluctuated over the past 9 years, ranging from -$22M in FY2024 to -$11M in FY2019.
Based on SEC 10-K filings.
-$22M in FY2024.
Declined from -$14M to -$22M over the past 2 years.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2024, operating income decreased 0.6% year-over-year.
- Peak operating income was recorded in FY2019.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | -$21.7M | -0.6% |
| FY2023 | -$21.6M | -58.6% |
| FY2022 | -$13.6M | +36.9% |
| FY2021 | -$21.6M | -62.4% |
| FY2020 | -$13.3M | -16.8% |
| FY2019 | -$11.4M | +14.4% |
| FY2018 | -$13.3M | +10.7% |
| FY2017 | -$14.9M | -27.1% |
| FY2016 | -$11.7M | +21.3% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026