# Ormat Technologies, Inc.: overview

ORA · NYSE · CIK 1296445 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ora.md) · [Financials](/companies/ora/financials.md) · [Filings](/companies/ora/filings.md) · [Insiders](/companies/ora/insiders.md)

Latest reported revenue: [$258.8m](/filings/0001296445-26-000014.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001296445-26-000014).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [212](/filings/0001296445-25-000012.md) | [231 d](/filings/0001296445-26-000006.md) | [230](/filings/0001296445-26-000008.md) | [234](/filings/0001296445-26-000014.md) | [250](/filings/0001296445-25-000012.md) | [276 d](/filings/0001296445-26-000006.md) | [404](/filings/0001296445-26-000008.md) | [259](/filings/0001296445-26-000014.md) |
| Gross margin | % | [27.8%](/filings/0001296445-25-000012.md) | [31.9% d](/filings/0001296445-26-000006.md) | [31.7%](/filings/0001296445-26-000008.md) | [24.3%](/filings/0001296445-26-000014.md) | [25.6%](/filings/0001296445-25-000012.md) | [28.6% d](/filings/0001296445-26-000006.md) | [29.8%](/filings/0001296445-26-000008.md) | [26.5%](/filings/0001296445-26-000014.md) |
| Operating margin | % | [16.8%](/filings/0001296445-25-000012.md) | [21.3% d](/filings/0001296445-26-000006.md) | [22.2%](/filings/0001296445-26-000008.md) | [15.1%](/filings/0001296445-26-000014.md) | [16.2%](/filings/0001296445-25-000012.md) | [15.4% d](/filings/0001296445-26-000006.md) | [19.9%](/filings/0001296445-26-000008.md) | [13.2%](/filings/0001296445-26-000014.md) |
| Net margin | % | [10.4%](/filings/0001296445-25-000012.md) | [17.7% d](/filings/0001296445-26-000006.md) | [17.6%](/filings/0001296445-26-000008.md) | [12.0%](/filings/0001296445-26-000014.md) | [9.7%](/filings/0001296445-25-000012.md) | [11.4% d](/filings/0001296445-26-000006.md) | [10.9%](/filings/0001296445-26-000008.md) | [10.5%](/filings/0001296445-26-000014.md) |
| Diluted EPS | $ per share | [0.36](/filings/0001296445-25-000012.md) | not reported | [0.66](/filings/0001296445-26-000008.md) | [0.46](/filings/0001296445-26-000014.md) | [0.39](/filings/0001296445-25-000012.md) | not reported | [0.71](/filings/0001296445-26-000008.md) | [0.43](/filings/0001296445-26-000014.md) |
| Free cash flow | $m | [(3.3) d](/filings/0001296445-25-000012.md) | [30.9 d](/filings/0001296445-26-000006.md) | [(105)](/filings/0001296445-26-000008.md) | [(37.9) d](/filings/0001296445-26-000014.md) | [(102) d](/filings/0001296445-25-000012.md) | [(40.0) d](/filings/0001296445-26-000006.md) | [(35.2)](/filings/0001296445-26-000008.md) | [(87.4) d](/filings/0001296445-26-000014.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [663](/filings/0001437749-24-005322.md) | [734](/filings/0001628280-25-008531.md) | [829](/filings/0001296445-26-000006.md) | [880](/filings/0001296445-26-000006.md) | [990](/filings/0001296445-26-000006.md) |
| Gross margin | % | [39.9%](/filings/0001437749-24-005322.md) | [36.6%](/filings/0001628280-25-008531.md) | [31.8%](/filings/0001296445-26-000006.md) | [31.0%](/filings/0001296445-26-000006.md) | [27.6%](/filings/0001296445-26-000006.md) |
| Operating margin | % | [25.5%](/filings/0001437749-24-005322.md) | [20.8%](/filings/0001628280-25-008531.md) | [20.1%](/filings/0001296445-26-000006.md) | [19.6%](/filings/0001296445-26-000006.md) | [17.1%](/filings/0001296445-26-000006.md) |
| Net margin | % | [9.4%](/filings/0001437749-24-005322.md) | [9.0%](/filings/0001628280-25-008531.md) | [15.0%](/filings/0001296445-26-000006.md) | [14.1%](/filings/0001296445-26-000006.md) | [12.5%](/filings/0001296445-26-000006.md) |
| Diluted EPS | $ per share | [1.10](/filings/0001437749-24-005322.md) | [1.17](/filings/0001628280-25-008531.md) | [2.08](/filings/0001296445-26-000006.md) | [2.04](/filings/0001296445-26-000006.md) | [2.02](/filings/0001296445-26-000006.md) |
| Free cash flow | $m | [(160)](/filings/0001437749-24-005322.md) | [(283)](/filings/0001628280-25-008531.md) | [(309)](/filings/0001296445-26-000006.md) | [(76.8)](/filings/0001296445-26-000006.md) | [(285)](/filings/0001296445-26-000006.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ora/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $896.4m | 8,231,164 |  | Reduced −1,326,906 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $333.3m | 3,060,774 |  | Added +62,628 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $290.4m | 2,666,310 |  | Added +39,932 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $273.8m | 2,514,455 |  | Added +75,612 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $210.7m | 1,934,422 |  | Added +21,166 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $195.0m | 1,790,792 |  | Reduced −30,875 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $182.1m | 1,672,026 | Call | Unchanged |
| [CANADA PENSION PLAN INVESTMENT BOARD](/funds/1283718.md) | 2026-06-30 | $173.6m | 1,594,474 |  | Added +600 |
| [NEUBERGER BERMAN GROUP LLC](/funds/1465109.md) | 2026-06-30 | $153.0m | 1,402,771 |  | Added +91,358 |
| [Global Alpha Capital Management Ltd.](/funds/1584691.md) | 2026-06-30 | $148.2m | 1,359,802 |  | Reduced −431,546 |

## Recent filings

[All 1,201 filings](/companies/ora/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 13:06 ET | [10-Q](/filings/0001296445-26-000014.md) | Quarterly report, period 2026-06-30 | 0001296445-26-000014 |
| 2026-08-05 | 17:13 ET | [8-K](/filings/0001437749-26-025961.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-025961 |
| 2026-06-05 | 18:39 ET | [8-K](/filings/0001437749-26-019607.md) | 5.07 Shareholder vote results | 0001437749-26-019607 |
| 2026-05-07 | 10:10 ET | [10-Q](/filings/0001296445-26-000008.md) | Quarterly report, period 2026-03-31 | 0001296445-26-000008 |
| 2026-05-06 | 16:45 ET | [8-K](/filings/0001437749-26-015235.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-015235 |
| 2026-04-21 | 16:06 ET | [DEF 14A](/filings/0001193125-26-166752.md) | Proxy statement, period 2026-06-02 | 0001193125-26-166752 |
| 2026-03-23 | 17:32 ET | [8-K](/filings/0001213900-26-032467.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 8.01 Other events; 9.01 Financial statements and exhibits | 0001213900-26-032467 |
| 2026-02-26 | 13:37 ET | [10-K](/filings/0001296445-26-000006.md) | Annual report, period 2025-12-31 | 0001296445-26-000006 |
| 2026-02-26 | 18:11 ET | [8-K](/filings/0001437749-26-005680.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-005680 |
| 2026-02-17 | 16:21 ET | [8-K](/filings/0001437749-26-004369.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-004369 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001296445-26-000006.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/4d00b970-7c2e-4bbe-ad8b-8b9b6d6e9b62)

## About the filer

- CIK: 1296445
- Tickers: ORA
- Exchange: NYSE
- SIC code: 4911 Electric Services
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:36 ET. No prices; not investment advice.