Company / R&D Expense
Ocean Power Technologies, Inc. R&D Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$3.6M
FY2024
5-year range
$3.6M / $3.6M
FY2020-FY2024
Trend
-
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 6 years, ranging from $4M in FY2024 to $7M in FY2017.
Based on SEC 10-K filings.
$4M in FY2024 with a 5-year CAGR of -3.7%.
Declined from $4M to $4M over the past 5 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -3.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -3.7%, indicating a declining trend.
- Peak r&d expense was recorded 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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $3.6M | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | $5.0M | +14.7% |
| FY2019 | $4.3M | -12.8% |
| FY2018 | $5.0M | -29.3% |
| FY2017 | $7.1M | +40.2% |
| FY2016 | $5.0M | -28.7% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026