---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-013624"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2025-09-16T23:59:59+00:00"
generated_at: "2026-05-17T06:29:00.616766+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fiscal Q1: backlog surges 184% to $15M; net loss $7.4M; strategic partnership with Gradient Marine

## Summary
- Backlog surged 184% to $15.0M as of July 31, 2025; pipeline $133.5M (+45% YoY).
- Revenue $1.2M (-9% YoY); net loss $7.4M (vs $4.5M) driven by $2.1M non-cash stock comp.
- Cash $10.0M; operating cash use $5.6M vs $6.1M prior year.
- Announced strategic partnership with Gradient Marine for digital twin and simulation.
- Expanded UAE partnership with Unique Group; opened new DC office at AUVSI.

## SEC filing metadata
- accession: 0001493152-25-013624
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2025-09-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315225013624/0001493152-25-013624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315225013624/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-013624
- JSON: https://secwatch.observer/filing/0001493152-25-013624.json
- Plain text: https://secwatch.observer/filing/0001493152-25-013624.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.