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

Ocean Power Technologies, Inc. is the larger business by last-quarter revenue ($424.0K vs $290.0K, roughly 1.5× Sintx Technologies, Inc.). Sintx Technologies, Inc. runs the higher net margin — -763.8% vs -2553.1%, a 1789.3% gap on every dollar of revenue. On growth, Sintx Technologies, Inc. posted the faster year-over-year revenue change (-46.5% vs -82.5%). Sintx Technologies, Inc. produced more free cash flow last quarter ($-2.4M vs $-7.8M). Over the past eight quarters, Sintx Technologies, Inc.'s revenue compounded faster (-35.0% CAGR vs -51.4%).

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 ...

Sintx Technologies, Inc. is an advanced materials company specializing in R&D and manufacturing of high-performance silicon nitride and other technical ceramic products. It serves key segments including medical implants, aerospace & defense, industrial wear components, and electric vehicle applications, with core markets across North America, Europe and Asia-Pacific.

OPTT vs SINT — Head-to-Head

Bigger by revenue
OPTT
OPTT
1.5× larger
OPTT
$424.0K
$290.0K
SINT
Growing faster (revenue YoY)
SINT
SINT
+36.0% gap
SINT
-46.5%
-82.5%
OPTT
Higher net margin
SINT
SINT
1789.3% more per $
SINT
-763.8%
-2553.1%
OPTT
More free cash flow
SINT
SINT
$5.4M more FCF
SINT
$-2.4M
$-7.8M
OPTT
Faster 2-yr revenue CAGR
SINT
SINT
Annualised
SINT
-35.0%
-51.4%
OPTT

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
OPTT
OPTT
SINT
SINT
Revenue
$424.0K
$290.0K
Net Profit
$-10.8M
$-2.2M
Gross Margin
-325.5%
64.8%
Operating Margin
-2387.5%
-799.3%
Net Margin
-2553.1%
-763.8%
Revenue YoY
-82.5%
-46.5%
Net Profit YoY
-176.6%
-30.7%
EPS (diluted)
$-0.06
$-0.50

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
OPTT
OPTT
SINT
SINT
Q4 25
$424.0K
$290.0K
Q3 25
$1.2M
$208.0K
Q2 25
$1.3M
$151.0K
Q1 25
$825.0K
$369.0K
Q4 24
$2.4M
$542.0K
Q3 24
$1.3M
$799.0K
Q2 24
$1.6M
$859.0K
Q1 24
$1.8M
$687.0K
Net Profit
OPTT
OPTT
SINT
SINT
Q4 25
$-10.8M
$-2.2M
Q3 25
$-7.4M
$-3.5M
Q2 25
$-6.4M
$-2.3M
Q1 25
$-6.7M
$-2.3M
Q4 24
$-3.9M
$-1.7M
Q3 24
$-4.5M
$-6.2M
Q2 24
$-6.7M
$-2.2M
Q1 24
$-6.5M
$-886.0K
Gross Margin
OPTT
OPTT
SINT
SINT
Q4 25
-325.5%
64.8%
Q3 25
-1.9%
44.7%
Q2 25
16.8%
37.7%
Q1 25
23.9%
33.3%
Q4 24
32.9%
71.6%
Q3 24
34.4%
73.7%
Q2 24
54.8%
73.9%
Q1 24
45.4%
67.5%
Operating Margin
OPTT
OPTT
SINT
SINT
Q4 25
-2387.5%
-799.3%
Q3 25
-598.8%
-1613.0%
Q2 25
-563.6%
-1764.9%
Q1 25
-712.1%
-645.8%
Q4 24
-161.9%
-319.6%
Q3 24
-343.8%
-802.0%
Q2 24
-430.3%
-315.5%
Q1 24
-430.0%
-465.4%
Net Margin
OPTT
OPTT
SINT
SINT
Q4 25
-2553.1%
-763.8%
Q3 25
-625.0%
-1701.4%
Q2 25
-487.9%
-1535.1%
Q1 25
-814.5%
-621.1%
Q4 24
-161.8%
-312.7%
Q3 24
-342.3%
-780.9%
Q2 24
-427.6%
-256.6%
Q1 24
-363.2%
-129.0%
EPS (diluted)
OPTT
OPTT
SINT
SINT
Q4 25
$-0.06
$-0.50
Q3 25
$-0.04
$-3.46
Q2 25
$-0.04
$-0.91
Q1 25
$-0.04
$-1.29
Q4 24
$-0.04
$17.04
Q3 24
$-0.05
$-6.96
Q2 24
$-0.12
$-3.61
Q1 24
$-0.11
$-21.66

Balance Sheet & Financial Strength

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

Metric
OPTT
OPTT
SINT
SINT
Cash + ST InvestmentsLiquidity on hand
$11.7M
$4.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$22.3M
$2.9M
Total Assets
$39.3M
$9.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPTT
OPTT
SINT
SINT
Q4 25
$11.7M
$4.1M
Q3 25
$9.9M
$6.3M
Q2 25
$6.7M
$4.3M
Q1 25
$10.0M
$6.5M
Q4 24
$2.1M
$3.6M
Q3 24
$3.2M
$4.8M
Q2 24
$3.2M
$4.6M
Q1 24
$9.1M
$5.8M
Stockholders' Equity
OPTT
OPTT
SINT
SINT
Q4 25
$22.3M
$2.9M
Q3 25
$24.2M
$4.1M
Q2 25
$26.7M
$4.0M
Q1 25
$28.9M
$6.1M
Q4 24
$22.1M
$3.9M
Q3 24
$22.3M
$5.6M
Q2 24
$19.3M
$8.8M
Q1 24
$25.3M
$9.9M
Total Assets
OPTT
OPTT
SINT
SINT
Q4 25
$39.3M
$9.5M
Q3 25
$36.6M
$11.4M
Q2 25
$30.8M
$9.2M
Q1 25
$34.4M
$11.4M
Q4 24
$26.9M
$9.4M
Q3 24
$29.2M
$11.3M
Q2 24
$28.7M
$15.3M
Q1 24
$34.6M
$17.6M

Cash Flow & Capital Efficiency

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

Metric
OPTT
OPTT
SINT
SINT
Operating Cash FlowLast quarter
$-7.5M
$-2.3M
Free Cash FlowOCF − Capex
$-7.8M
$-2.4M
FCF MarginFCF / Revenue
-1838.9%
-822.8%
Capex IntensityCapex / Revenue
62.7%
14.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPTT
OPTT
SINT
SINT
Q4 25
$-7.5M
$-2.3M
Q3 25
$-5.6M
$-2.5M
Q2 25
$-4.0M
$-2.4M
Q1 25
$-3.7M
$-1.3M
Q4 24
$-4.8M
$-1.1M
Q3 24
$-6.1M
$-2.6M
Q2 24
$-5.1M
$-2.2M
Q1 24
$-9.2M
$-2.7M
Free Cash Flow
OPTT
OPTT
SINT
SINT
Q4 25
$-7.8M
$-2.4M
Q3 25
$-7.1M
$-2.6M
Q2 25
$-4.2M
Q1 25
$-4.0M
$-1.4M
Q4 24
$-5.0M
$-1.3M
Q3 24
$-6.5M
$-2.6M
Q2 24
$-6.4M
$-2.6M
Q1 24
$-9.7M
$-2.9M
FCF Margin
OPTT
OPTT
SINT
SINT
Q4 25
-1838.9%
-822.8%
Q3 25
-597.1%
-1250.5%
Q2 25
-315.9%
Q1 25
-480.0%
-368.6%
Q4 24
-207.3%
-234.3%
Q3 24
-499.5%
-323.0%
Q2 24
-408.0%
-299.7%
Q1 24
-543.6%
-423.1%
Capex Intensity
OPTT
OPTT
SINT
SINT
Q4 25
62.7%
14.5%
Q3 25
122.9%
40.4%
Q2 25
11.8%
0.0%
Q1 25
26.9%
16.0%
Q4 24
10.2%
26.9%
Q3 24
28.7%
1.4%
Q2 24
86.6%
41.8%
Q1 24
29.4%
25.3%

Financial Flow Comparison

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

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