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Side-by-side financial comparison of ORMAT TECHNOLOGIES, INC. (ORA) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.
VinFast Auto Ltd. is the larger business by last-quarter revenue ($718.6M vs $403.9M, roughly 1.8× ORMAT TECHNOLOGIES, INC.). ORMAT TECHNOLOGIES, INC. runs the higher net margin — 10.9% vs -2.8%, a 13.7% gap on every dollar of revenue.
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...
VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.
ORA vs VFS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $403.9M | $718.6M |
| Net Profit | $44.1M | $-20.0M |
| Gross Margin | 29.8% | — |
| Operating Margin | 19.9% | -96.1% |
| Net Margin | 10.9% | -2.8% |
| Revenue YoY | 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.
| Q1 26 | $403.9M | — | ||
| Q4 25 | $276.0M | — | ||
| Q3 25 | $249.7M | $718.6M | ||
| Q2 25 | $234.0M | $663.0M | ||
| Q1 25 | $229.8M | $656.5M | ||
| Q4 24 | $230.7M | — | ||
| Q3 24 | $211.8M | $511.6M | ||
| Q2 24 | $213.0M | — |
| Q1 26 | $44.1M | — | ||
| Q4 25 | $31.4M | — | ||
| Q3 25 | $24.1M | $-20.0M | ||
| Q2 25 | $28.0M | $-51.8M | ||
| Q1 25 | $40.4M | $-26.1M | ||
| Q4 24 | $40.8M | — | ||
| Q3 24 | $22.1M | $-10.4M | ||
| Q2 24 | $22.2M | — |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 28.6% | — | ||
| Q3 25 | 25.6% | — | ||
| Q2 25 | 24.3% | — | ||
| Q1 25 | 31.7% | — | ||
| Q4 24 | 31.9% | — | ||
| Q3 24 | 27.8% | — | ||
| Q2 24 | 28.8% | — |
| Q1 26 | 19.9% | — | ||
| Q4 25 | 15.4% | — | ||
| Q3 25 | 16.2% | -96.1% | ||
| Q2 25 | 15.1% | -79.0% | ||
| Q1 25 | 22.2% | -74.0% | ||
| Q4 24 | 21.3% | — | ||
| Q3 24 | 16.8% | -65.9% | ||
| Q2 24 | 16.5% | — |
| Q1 26 | 10.9% | — | ||
| Q4 25 | 11.4% | — | ||
| Q3 25 | 9.7% | -2.8% | ||
| Q2 25 | 12.0% | -7.8% | ||
| Q1 25 | 17.6% | -4.0% | ||
| Q4 24 | 17.7% | — | ||
| Q3 24 | 10.4% | -2.0% | ||
| Q2 24 | 10.4% | — |
| Q1 26 | $0.71 | — | ||
| Q4 25 | $0.51 | — | ||
| Q3 25 | $0.39 | — | ||
| Q2 25 | $0.46 | — | ||
| Q1 25 | $0.66 | — | ||
| Q4 24 | $0.67 | — | ||
| Q3 24 | $0.36 | — | ||
| Q2 24 | $0.37 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $654.6M | $8.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | — |
| Total Assets | $6.8B | $183.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $654.6M | — | ||
| Q4 25 | $147.4M | — | ||
| Q3 25 | $79.6M | $8.8M | ||
| Q2 25 | $88.5M | $650.0M | ||
| Q1 25 | $112.7M | $2.4M | ||
| Q4 24 | $94.4M | — | ||
| Q3 24 | $88.1M | $1.9M | ||
| Q2 24 | $66.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.5B | $-7.2B | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — |
| Q1 26 | $6.8B | — | ||
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.1B | $183.2M | ||
| Q2 25 | $6.0B | $7.2B | ||
| Q1 25 | $5.8B | $158.2M | ||
| Q4 24 | $5.7B | — | ||
| Q3 24 | $5.6B | $151.8M | ||
| Q2 24 | $5.5B | — |
| 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
ORA
| Electricity | $181.6M | 45% |
| Product | $177.4M | 44% |
| Energy storage | $44.9M | 11% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
