---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-027865"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:01:29.557708+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OPT reports Q2 FY2026 revenue of $0.4M, net loss $10.8M; backlog rises 300% to $15M

## Summary
- Revenue of $0.4M in Q2 FY2026, down from $2.4M in Q2 FY2025, due to US federal government shutdown timing.
- Net loss of $10.8M in Q2, compared to $3.9M in prior year; operating expenses increased partly due to $2.5M non-cash stock comp.
- Backlog reached $15.0M as of Oct 31, 2025, up nearly 300% from $3.8M a year ago; pipeline grew 63% to $137.5M.
- Shipped eight WAM-V ASVs during quarter; entered strategic partnerships with Mythos AI and Gradient Marine.
- Cash and short-term investments $11.7M at Oct 31, 2025, up from $6.7M at start of fiscal year.

## SEC filing metadata
- accession: 0001493152-25-027865
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315225027865/0001493152-25-027865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315225027865/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-027865
- JSON: https://secwatch.observer/filing/0001493152-25-027865.json
- Plain text: https://secwatch.observer/filing/0001493152-25-027865.txt

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