ORMAT TECHNOLOGIES, INC.ORAEarnings & Financial Report
Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and installed over 3,200 MW of output. As of January 2021 it owns and operates 933 MW of geothermal and recovered energy based power plants. Ormat has supplied over 1000 turbochargers worldwide, in North America, South America, Europe, Australia, and Asia. The company's products also includ...
Revenue
$276.0M
Gross Profit
$78.8M
Operating Profit
$42.6M
Net Profit
$31.4M
Gross Margin
28.6%
Operating Margin
15.4%
Net Margin
11.4%
YoY Growth
19.6%
EPS
$0.51
ORMAT TECHNOLOGIES, INC. Q4 FY2025 Financial Summary
ORMAT TECHNOLOGIES, INC. reported revenue of $276.0M (up 19.6% YoY) for Q4 FY2025, with a net profit of $31.4M (down 23.2% YoY) (11.4% margin). Cost of goods sold was $197.2M, operating expenses totaled $36.3M.
Key Financial Metrics
| Total Revenue | $276.0M |
|---|---|
| Net Profit | $31.4M |
| Gross Margin | 28.6% |
| Operating Margin | 15.4% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
ORMAT TECHNOLOGIES, INC. Q4 FY2025 revenue of $276.0M breaks down across 4 segments, led by Electricity at $186.6M (67.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Electricity | $186.6M | 67.6% |
| Products | $63.1M | 22.8% |
| Energy Storage Segment | $26.3M | 9.5% |
| Product Segment | $1.2M | 0.4% |
ORMAT TECHNOLOGIES, INC. Revenue by Segment — Quarterly Trend
ORMAT TECHNOLOGIES, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Electricity and Products) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Electricity | $181.6M | $186.6M | — | — |
| Products | — | $63.1M | $62.2M | $59.6M |
| Energy Storage Segment | — | $26.3M | $20.4M | $14.5M |
| Product Segment | — | $1.2M | $3.0M | $3.5M |
ORMAT TECHNOLOGIES, INC. Annual Revenue by Year
ORMAT TECHNOLOGIES, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $989.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $989.5M |
| 2024 | $879.7M |
| 2023 | $829.4M |
| 2022 | $734.2M |
ORMAT TECHNOLOGIES, INC. Quarterly Revenue & Net Profit History
ORMAT TECHNOLOGIES, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $403.9M | +75.8% | $44.1M | 10.9% |
| Q4 FY2025 | $276.0M | +19.6% | $31.4M | 11.4% |
| Q3 FY2025 | $249.7M | +17.9% | $24.1M | 9.7% |
| Q2 FY2025 | $234.0M | +9.9% | $28.0M | 12.0% |
| Q1 FY2025 | $229.8M | +2.5% | $40.4M | 17.6% |
| Q4 FY2024 | $230.7M | -4.4% | $40.8M | 17.7% |
| Q3 FY2024 | $211.8M | +1.8% | $22.1M | 10.4% |
| Q2 FY2024 | $213.0M | +9.3% | $22.2M | 10.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $213.0M | $211.8M | $230.7M | $229.8M | $234.0M | $249.7M | $276.0M | $403.9M |
| YoY Growth | 9.3% | 1.8% | -4.4% | 2.5% | 9.9% | 17.9% | 19.6% | 75.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.51B | $5.59B | $5.67B | $5.84B | $6.02B | $6.09B | $6.25B | $6.77B |
| Liabilities | $3.00B | $3.07B | $3.11B | $3.24B | $3.39B | $3.44B | $3.56B | $4.05B |
| Equity | $2.37B | $2.39B | $2.43B | $2.46B | $2.49B | $2.51B | $2.54B | $2.71B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $30.7M | $106.4M | $158.6M | $88.0M | $96.9M | $45.2M | $105.0M |