vs

Side-by-side financial comparison of ORMAT TECHNOLOGIES, INC. (ORA) and ROGERS CORP (ROG). Click either name above to swap in a different company.

ORMAT TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($276.0M vs $200.5M, roughly 1.4× ROGERS CORP). ORMAT TECHNOLOGIES, INC. runs the higher net margin — 11.4% vs 2.2%, a 9.1% gap on every dollar of revenue. On growth, ORMAT TECHNOLOGIES, INC. posted the faster year-over-year revenue change (19.6% vs 5.2%). ROGERS CORP produced more free cash flow last quarter ($1.1M vs $-40.0M). Over the past eight quarters, ORMAT TECHNOLOGIES, INC.'s revenue compounded faster (11.0% CAGR vs -3.3%).

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...

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.

ORA vs ROG — Head-to-Head

Bigger by revenue
ORA
ORA
1.4× larger
ORA
$276.0M
$200.5M
ROG
Growing faster (revenue YoY)
ORA
ORA
+14.4% gap
ORA
19.6%
5.2%
ROG
Higher net margin
ORA
ORA
9.1% more per $
ORA
11.4%
2.2%
ROG
More free cash flow
ROG
ROG
$41.1M more FCF
ROG
$1.1M
$-40.0M
ORA
Faster 2-yr revenue CAGR
ORA
ORA
Annualised
ORA
11.0%
-3.3%
ROG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ORA
ORA
ROG
ROG
Revenue
$276.0M
$200.5M
Net Profit
$31.4M
$4.5M
Gross Margin
28.6%
32.2%
Operating Margin
15.4%
Net Margin
11.4%
2.2%
Revenue YoY
19.6%
5.2%
Net Profit YoY
-23.2%
421.4%
EPS (diluted)
$0.51
$0.25

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
ORA
ORA
ROG
ROG
Q1 26
$200.5M
Q4 25
$276.0M
$201.5M
Q3 25
$249.7M
$216.0M
Q2 25
$234.0M
$202.8M
Q1 25
$229.8M
$190.5M
Q4 24
$230.7M
$192.2M
Q3 24
$211.8M
$210.3M
Q2 24
$213.0M
$214.2M
Net Profit
ORA
ORA
ROG
ROG
Q1 26
$4.5M
Q4 25
$31.4M
$4.6M
Q3 25
$24.1M
$8.6M
Q2 25
$28.0M
$-73.6M
Q1 25
$40.4M
$-1.4M
Q4 24
$40.8M
$-500.0K
Q3 24
$22.1M
$10.7M
Q2 24
$22.2M
$8.1M
Gross Margin
ORA
ORA
ROG
ROG
Q1 26
32.2%
Q4 25
28.6%
31.5%
Q3 25
25.6%
33.5%
Q2 25
24.3%
31.6%
Q1 25
31.7%
29.9%
Q4 24
31.9%
32.1%
Q3 24
27.8%
35.2%
Q2 24
28.8%
34.1%
Operating Margin
ORA
ORA
ROG
ROG
Q1 26
Q4 25
15.4%
3.5%
Q3 25
16.2%
7.3%
Q2 25
15.1%
-33.3%
Q1 25
22.2%
-0.2%
Q4 24
21.3%
-6.6%
Q3 24
16.8%
6.9%
Q2 24
16.5%
5.3%
Net Margin
ORA
ORA
ROG
ROG
Q1 26
2.2%
Q4 25
11.4%
2.3%
Q3 25
9.7%
4.0%
Q2 25
12.0%
-36.3%
Q1 25
17.6%
-0.7%
Q4 24
17.7%
-0.3%
Q3 24
10.4%
5.1%
Q2 24
10.4%
3.8%
EPS (diluted)
ORA
ORA
ROG
ROG
Q1 26
$0.25
Q4 25
$0.51
$0.20
Q3 25
$0.39
$0.48
Q2 25
$0.46
$-4.00
Q1 25
$0.66
$-0.08
Q4 24
$0.67
$-0.04
Q3 24
$0.36
$0.58
Q2 24
$0.37
$0.44

Balance Sheet & Financial Strength

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

Metric
ORA
ORA
ROG
ROG
Cash + ST InvestmentsLiquidity on hand
$147.4M
$195.8M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$2.5B
$1.2B
Total Assets
$6.2B
$1.4B
Debt / EquityLower = less leverage
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORA
ORA
ROG
ROG
Q1 26
$195.8M
Q4 25
$147.4M
$197.0M
Q3 25
$79.6M
$167.8M
Q2 25
$88.5M
$157.2M
Q1 25
$112.7M
$175.6M
Q4 24
$94.4M
$159.8M
Q3 24
$88.1M
$146.4M
Q2 24
$66.3M
$119.9M
Total Debt
ORA
ORA
ROG
ROG
Q1 26
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.3B
Q3 24
Q2 24
Stockholders' Equity
ORA
ORA
ROG
ROG
Q1 26
$1.2B
Q4 25
$2.5B
$1.2B
Q3 25
$2.5B
$1.2B
Q2 25
$2.5B
$1.2B
Q1 25
$2.5B
$1.3B
Q4 24
$2.4B
$1.3B
Q3 24
$2.4B
$1.3B
Q2 24
$2.4B
$1.3B
Total Assets
ORA
ORA
ROG
ROG
Q1 26
$1.4B
Q4 25
$6.2B
$1.4B
Q3 25
$6.1B
$1.4B
Q2 25
$6.0B
$1.5B
Q1 25
$5.8B
$1.5B
Q4 24
$5.7B
$1.5B
Q3 24
$5.6B
$1.5B
Q2 24
$5.5B
$1.5B
Debt / Equity
ORA
ORA
ROG
ROG
Q1 26
Q4 25
1.05×
Q3 25
Q2 25
Q1 25
Q4 24
0.97×
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
ORA
ORA
ROG
ROG
Operating Cash FlowLast quarter
$105.0M
$5.8M
Free Cash FlowOCF − Capex
$-40.0M
$1.1M
FCF MarginFCF / Revenue
-14.5%
0.5%
Capex IntensityCapex / Revenue
52.6%
2.3%
Cash ConversionOCF / Net Profit
3.35×
1.29×
TTM Free Cash FlowTrailing 4 quarters
$-284.7M
$70.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORA
ORA
ROG
ROG
Q1 26
$5.8M
Q4 25
$105.0M
$46.9M
Q3 25
$45.2M
$28.9M
Q2 25
$96.9M
$13.7M
Q1 25
$88.0M
$11.7M
Q4 24
$158.6M
$33.7M
Q3 24
$106.4M
$42.4M
Q2 24
$30.7M
$22.9M
Free Cash Flow
ORA
ORA
ROG
ROG
Q1 26
$1.1M
Q4 25
$-40.0M
$42.2M
Q3 25
$-102.1M
$21.2M
Q2 25
$-37.9M
$5.6M
Q1 25
$-104.6M
$2.1M
Q4 24
$30.9M
$18.3M
Q3 24
$-3.3M
$25.2M
Q2 24
$-116.1M
$8.8M
FCF Margin
ORA
ORA
ROG
ROG
Q1 26
0.5%
Q4 25
-14.5%
20.9%
Q3 25
-40.9%
9.8%
Q2 25
-16.2%
2.8%
Q1 25
-45.5%
1.1%
Q4 24
13.4%
9.5%
Q3 24
-1.6%
12.0%
Q2 24
-54.5%
4.1%
Capex Intensity
ORA
ORA
ROG
ROG
Q1 26
2.3%
Q4 25
52.6%
2.3%
Q3 25
59.0%
3.6%
Q2 25
57.6%
4.0%
Q1 25
83.8%
5.0%
Q4 24
55.4%
8.0%
Q3 24
51.8%
8.2%
Q2 24
69.0%
6.6%
Cash Conversion
ORA
ORA
ROG
ROG
Q1 26
1.29×
Q4 25
3.35×
10.20×
Q3 25
1.87×
3.36×
Q2 25
3.45×
Q1 25
2.18×
Q4 24
3.89×
Q3 24
4.82×
3.96×
Q2 24
1.38×
2.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORA
ORA

Electricity$186.6M68%
Products$63.1M23%
Energy Storage Segment$26.3M10%
Product Segment$1.2M0%

ROG
ROG

Segment breakdown not available.

Related Comparisons