Company / Revenue
Ocean Power Technologies, Inc. Revenue History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$5.9M
FY2024
5-year range
$1.2M / $5.9M
FY2020-FY2024
Trend
+233.2%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Revenue changed +233% YoY in FY2024, a notable deviation from the 8-year average annual change of +66%.
Based on SEC 10-K filings.
$6M in FY2024 with a 5-year CAGR of +28.1%.
Improved from $1M to $6M over the past 2 years.
Revenue over time
Growth rates
- 3-Year CAGR
- +49.4%
- 5-Year CAGR
- +28.1%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +28.1%, indicating consistent growth.
- In FY2024, revenue increased 233.2% year-over-year.
- Lowest revenue in the period was in FY2020.
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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $5.9M | +233.2% |
| FY2023 | $1.8M | +45.9% |
| FY2022 | $1.2M | -31.4% |
| FY2021 | $1.8M | +193.2% |
| FY2020 | $600.0K | -64.7% |
| FY2019 | $1.7M | +183.3% |
| FY2018 | $600.0K | -14.9% |
| FY2017 | $705.0K | -16.4% |
| FY2016 | $843.0K | +19.6% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026