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Side-by-side financial comparison of Evolent Health, Inc. (EVH) and ORMAT TECHNOLOGIES, INC. (ORA). Click either name above to swap in a different company.

Evolent Health, Inc. is the larger business by last-quarter revenue ($496.2M vs $403.9M, roughly 1.2× ORMAT TECHNOLOGIES, INC.). ORMAT TECHNOLOGIES, INC. runs the higher net margin — 10.9% vs -5.4%, a 16.3% gap on every dollar of revenue. On growth, ORMAT TECHNOLOGIES, INC. posted the faster year-over-year revenue change (75.8% vs 2.6%). Over the past eight quarters, ORMAT TECHNOLOGIES, INC.'s revenue compounded faster (37.7% CAGR vs -12.4%).

Magellan Health Inc., is an American for-profit managed health care company and subsidiary of Centene that focuses on special populations and other specialty areas of healthcare. Magellan's customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. It ranked 390 on the Fortune 500 in 2021.

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...

EVH vs ORA — Head-to-Head

Bigger by revenue
EVH
EVH
1.2× larger
EVH
$496.2M
$403.9M
ORA
Growing faster (revenue YoY)
ORA
ORA
+73.2% gap
ORA
75.8%
2.6%
EVH
Higher net margin
ORA
ORA
16.3% more per $
ORA
10.9%
-5.4%
EVH
Faster 2-yr revenue CAGR
ORA
ORA
Annualised
ORA
37.7%
-12.4%
EVH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EVH
EVH
ORA
ORA
Revenue
$496.2M
$403.9M
Net Profit
$-26.6M
$44.1M
Gross Margin
16.9%
29.8%
Operating Margin
19.9%
Net Margin
-5.4%
10.9%
Revenue YoY
2.6%
75.8%
Net Profit YoY
9.2%
EPS (diluted)
$0.71

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
EVH
EVH
ORA
ORA
Q1 26
$496.2M
$403.9M
Q4 25
$468.7M
$276.0M
Q3 25
$479.5M
$249.7M
Q2 25
$444.3M
$234.0M
Q1 25
$483.6M
$229.8M
Q4 24
$646.5M
$230.7M
Q3 24
$621.4M
$211.8M
Q2 24
$647.1M
$213.0M
Net Profit
EVH
EVH
ORA
ORA
Q1 26
$-26.6M
$44.1M
Q4 25
$-429.1M
$31.4M
Q3 25
$-20.9M
$24.1M
Q2 25
$-19.9M
$28.0M
Q1 25
$-64.6M
$40.4M
Q4 24
$-22.8M
$40.8M
Q3 24
$-23.1M
$22.1M
Q2 24
$1.6M
$22.2M
Gross Margin
EVH
EVH
ORA
ORA
Q1 26
16.9%
29.8%
Q4 25
20.7%
28.6%
Q3 25
20.8%
25.6%
Q2 25
22.6%
24.3%
Q1 25
21.2%
31.7%
Q4 24
11.7%
31.9%
Q3 24
13.0%
27.8%
Q2 24
16.5%
28.8%
Operating Margin
EVH
EVH
ORA
ORA
Q1 26
19.9%
Q4 25
-87.1%
15.4%
Q3 25
0.2%
16.2%
Q2 25
-0.3%
15.1%
Q1 25
-0.3%
22.2%
Q4 24
-2.9%
21.3%
Q3 24
-2.6%
16.8%
Q2 24
1.2%
16.5%
Net Margin
EVH
EVH
ORA
ORA
Q1 26
-5.4%
10.9%
Q4 25
-91.6%
11.4%
Q3 25
-4.4%
9.7%
Q2 25
-4.5%
12.0%
Q1 25
-13.4%
17.6%
Q4 24
-3.5%
17.7%
Q3 24
-3.7%
10.4%
Q2 24
0.2%
10.4%
EPS (diluted)
EVH
EVH
ORA
ORA
Q1 26
$0.71
Q4 25
$-3.76
$0.51
Q3 25
$-0.24
$0.39
Q2 25
$-0.44
$0.46
Q1 25
$-0.63
$0.66
Q4 24
$-0.26
$0.67
Q3 24
$-0.27
$0.36
Q2 24
$-0.06
$0.37

Balance Sheet & Financial Strength

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

Metric
EVH
EVH
ORA
ORA
Cash + ST InvestmentsLiquidity on hand
$142.0M
$654.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$396.4M
$2.7B
Total Assets
$1.9B
$6.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVH
EVH
ORA
ORA
Q1 26
$142.0M
$654.6M
Q4 25
$151.9M
$147.4M
Q3 25
$116.7M
$79.6M
Q2 25
$151.0M
$88.5M
Q1 25
$246.5M
$112.7M
Q4 24
$104.2M
$94.4M
Q3 24
$96.6M
$88.1M
Q2 24
$101.3M
$66.3M
Total Debt
EVH
EVH
ORA
ORA
Q1 26
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.3B
Q3 24
Q2 24
Stockholders' Equity
EVH
EVH
ORA
ORA
Q1 26
$396.4M
$2.7B
Q4 25
$415.2M
$2.5B
Q3 25
$842.2M
$2.5B
Q2 25
$896.0M
$2.5B
Q1 25
$935.5M
$2.5B
Q4 24
$1.0B
$2.4B
Q3 24
$1.0B
$2.4B
Q2 24
$1.1B
$2.4B
Total Assets
EVH
EVH
ORA
ORA
Q1 26
$1.9B
$6.8B
Q4 25
$1.9B
$6.2B
Q3 25
$2.5B
$6.1B
Q2 25
$2.5B
$6.0B
Q1 25
$2.7B
$5.8B
Q4 24
$2.5B
$5.7B
Q3 24
$2.5B
$5.6B
Q2 24
$2.5B
$5.5B
Debt / Equity
EVH
EVH
ORA
ORA
Q1 26
Q4 25
1.05×
Q3 25
Q2 25
Q1 25
Q4 24
0.97×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EVH
EVH

Performance Suite$323.3M65%
Specialty Technology and Services Suite$80.8M16%
Administrative Services$49.6M10%
Cases$42.6M9%

ORA
ORA

Electricity$181.6M45%
Product$177.4M44%
Energy storage$44.9M11%

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