---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-010048"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:24:25.032921+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ocean Power Q3 revenue $400-600K (down ~50% YoY); net loss ~$11.4M; backlog $19.9M (+165%)

## Summary
- Q3FY26 revenue estimated $400K–$600K vs $0.8M YoY; net loss $11.3–$11.5M vs $6.7M YoY.
- Backlog $19.9M (+165% YoY); pipeline $163.9M (+84% vs Oct 2025).
- Secured $6.5M multi-buoy DHS/Coast Guard contract; deliveries start Q4FY26; Anduril prime contractor.
- Cash used in ops <$20.0M vs $14.6M prior year period.
- WAM-V shipped to Greece; autonomous docking solution moved to full-scale build; target early-access launch calendar 2026.

## SEC filing metadata
- accession: 0001493152-26-010048
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315226010048/0001493152-26-010048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315226010048/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-010048
- JSON: https://secwatch.observer/filing/0001493152-26-010048.json
- Plain text: https://secwatch.observer/filing/0001493152-26-010048.txt

## Key facts
- Earnings Releases
  Ocean Power Technologies, Inc. reported the third quarter ended January 31, 2026 results: revenue $400 thousand to $600 thousand, net income approximately $11.3 to $11.5 million.
  - Period: the third quarter ended January 31, 2026
  - Revenue: $400 thousand to $600 thousand
  - Net income: approximately $11.3 to $11.5 million
  - Result: preliminary results
  source text: and geographic expansion, reinforcing OPT’s role as a provider of persistent, mission-critical maritime infrastructure for U.S. national security. ● Revenue: Estimated to be $400 thousand to $600 thousand for Q3FY26, compared to $0.8 million for the same period last year ● Net Loss: Anticipated net loss of approximately $11.3 to $11.5 million, compared to $6.7
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378140/000149315226010048/0001493152-26-010048-index.htm

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