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Side-by-side financial comparison of Consolidated Edison (ED) and Ocean Power Technologies, Inc. (OPTT). Click either name above to swap in a different company.

Consolidated Edison is the larger business by last-quarter revenue ($4.0M vs $424.0K, roughly 9.4× Ocean Power Technologies, Inc.). On growth, Consolidated Edison posted the faster year-over-year revenue change (8.9% vs -82.5%). Over the past eight quarters, Ocean Power Technologies, Inc.'s revenue compounded faster (-51.4% CAGR vs -96.5%).

Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is an energy company based in New York City. It is one of the largest investor-owned energy companies in the United States, with approximately $15.26 billion in annual revenues as of 2024, and over $70 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:Consolidated Edison Company of New York, Inc.

Ocean Power Technologies (OPT) is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remote offshore applications. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from wave power can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the economic viability of the theoretical concept ...

ED vs OPTT — Head-to-Head

Bigger by revenue
ED
ED
9.4× larger
ED
$4.0M
$424.0K
OPTT
Growing faster (revenue YoY)
ED
ED
+91.4% gap
ED
8.9%
-82.5%
OPTT
Faster 2-yr revenue CAGR
OPTT
OPTT
Annualised
OPTT
-51.4%
-96.5%
ED

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
ED
ED
OPTT
OPTT
Revenue
$4.0M
$424.0K
Net Profit
$-10.8M
Gross Margin
-325.5%
Operating Margin
12.2%
-2387.5%
Net Margin
-2553.1%
Revenue YoY
8.9%
-82.5%
Net Profit YoY
-176.6%
EPS (diluted)
$0.82
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ED
ED
OPTT
OPTT
Q1 26
$4.0M
Q4 25
$4.0B
$424.0K
Q3 25
$4.6B
$1.2M
Q2 25
$3.6B
$1.3M
Q1 25
$4.9B
$825.0K
Q4 24
$3.7B
$2.4M
Q3 24
$4.2B
$1.3M
Q2 24
$3.3B
$1.6M
Net Profit
ED
ED
OPTT
OPTT
Q1 26
Q4 25
$298.0M
$-10.8M
Q3 25
$688.0M
$-7.4M
Q2 25
$246.0M
$-6.4M
Q1 25
$791.0M
$-6.7M
Q4 24
$310.0M
$-3.9M
Q3 24
$588.0M
$-4.5M
Q2 24
$202.0M
$-6.7M
Gross Margin
ED
ED
OPTT
OPTT
Q1 26
Q4 25
-325.5%
Q3 25
-1.9%
Q2 25
16.8%
Q1 25
23.9%
Q4 24
32.9%
Q3 24
34.4%
Q2 24
54.8%
Operating Margin
ED
ED
OPTT
OPTT
Q1 26
12.2%
Q4 25
12.3%
-2387.5%
Q3 25
21.2%
-598.8%
Q2 25
9.8%
-563.6%
Q1 25
23.0%
-712.1%
Q4 24
13.0%
-161.9%
Q3 24
20.4%
-343.8%
Q2 24
9.7%
-430.3%
Net Margin
ED
ED
OPTT
OPTT
Q1 26
Q4 25
7.5%
-2553.1%
Q3 25
15.1%
-625.0%
Q2 25
6.8%
-487.9%
Q1 25
16.2%
-814.5%
Q4 24
8.5%
-161.8%
Q3 24
13.9%
-342.3%
Q2 24
6.1%
-427.6%
EPS (diluted)
ED
ED
OPTT
OPTT
Q1 26
$0.82
Q4 25
$0.81
$-0.06
Q3 25
$1.90
$-0.04
Q2 25
$0.68
$-0.04
Q1 25
$2.25
$-0.04
Q4 24
$0.89
$-0.04
Q3 24
$1.69
$-0.05
Q2 24
$0.58
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ED
ED
OPTT
OPTT
Cash + ST InvestmentsLiquidity on hand
$11.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$22.3M
Total Assets
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ED
ED
OPTT
OPTT
Q1 26
Q4 25
$1.6B
$11.7M
Q3 25
$181.0M
$9.9M
Q2 25
$1.5B
$6.7M
Q1 25
$360.0M
$10.0M
Q4 24
$1.3B
$2.1M
Q3 24
$93.0M
$3.2M
Q2 24
$1.5B
$3.2M
Total Debt
ED
ED
OPTT
OPTT
Q1 26
Q4 25
$25.8B
Q3 25
Q2 25
Q1 25
Q4 24
$24.7B
Q3 24
Q2 24
Stockholders' Equity
ED
ED
OPTT
OPTT
Q1 26
Q4 25
$24.2B
$22.3M
Q3 25
$24.2B
$24.2M
Q2 25
$23.8B
$26.7M
Q1 25
$23.8B
$28.9M
Q4 24
$22.0B
$22.1M
Q3 24
$21.9B
$22.3M
Q2 24
$21.6B
$19.3M
Total Assets
ED
ED
OPTT
OPTT
Q1 26
Q4 25
$74.6B
$39.3M
Q3 25
$71.8B
$36.6M
Q2 25
$71.5B
$30.8M
Q1 25
$70.7B
$34.4M
Q4 24
$70.6B
$26.9M
Q3 24
$68.6B
$29.2M
Q2 24
$67.9B
$28.7M
Debt / Equity
ED
ED
OPTT
OPTT
Q1 26
Q4 25
1.07×
Q3 25
Q2 25
Q1 25
Q4 24
1.13×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ED
ED
OPTT
OPTT
Operating Cash FlowLast quarter
$-7.5M
Free Cash FlowOCF − Capex
$-7.8M
FCF MarginFCF / Revenue
-1838.9%
Capex IntensityCapex / Revenue
62.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ED
ED
OPTT
OPTT
Q1 26
Q4 25
$1.5B
$-7.5M
Q3 25
$504.0M
$-5.6M
Q2 25
$2.0B
$-4.0M
Q1 25
$837.0M
$-3.7M
Q4 24
$1.3B
$-4.8M
Q3 24
$392.0M
$-6.1M
Q2 24
$1.3B
$-5.1M
Free Cash Flow
ED
ED
OPTT
OPTT
Q1 26
Q4 25
$-7.8M
Q3 25
$-7.1M
Q2 25
$-4.2M
Q1 25
$-4.0M
Q4 24
$-5.0M
Q3 24
$-6.5M
Q2 24
$-6.4M
FCF Margin
ED
ED
OPTT
OPTT
Q1 26
Q4 25
-1838.9%
Q3 25
-597.1%
Q2 25
-315.9%
Q1 25
-480.0%
Q4 24
-207.3%
Q3 24
-499.5%
Q2 24
-408.0%
Capex Intensity
ED
ED
OPTT
OPTT
Q1 26
Q4 25
62.7%
Q3 25
122.9%
Q2 25
11.8%
Q1 25
26.9%
Q4 24
10.2%
Q3 24
28.7%
Q2 24
86.6%
Cash Conversion
ED
ED
OPTT
OPTT
Q1 26
Q4 25
4.97×
Q3 25
0.73×
Q2 25
8.04×
Q1 25
1.06×
Q4 24
4.23×
Q3 24
0.67×
Q2 24
6.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ED
ED

Electric$2.9M72%
Gas$923.0K23%
Other$187.0K5%
Non-utility$1.0K0%

OPTT
OPTT

Segment breakdown not available.

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