What is Ormat Technologies's market cap?

Ormat Technologies (ORA) has a market capitalization of $6.3B and trades on NYSE.

What is Ormat Technologies's revenue and profitability?

Ormat Technologies generated $1.2B in trailing twelve-month revenue with net income of $127.6M, representing a net margin of 11.0%. Gross margin stands at 27.5%, with free cash flow of -$215.3M. These figures are based on the Q1 2026 filing.

Who are Ormat Technologies's competitors?

Ormat Technologies's key competitors include Fluence Energy, NextEra Energy, GE Vernova Inc., and others. These companies compete in similar markets and product categories.

Who does Ormat Technologies partner with?

Ormat Technologies's notable partners include Moody's, S&P Global.

What subsidiaries does Ormat Technologies have?

Ormat Technologies's subsidiaries include Cyrq Energy, Innergex Renewable Energy Inc..

Where is Ormat Technologies headquartered?

Ormat Technologies is headquartered in United States of America and employs approximately 1,576 people. It has been publicly traded since 2004.

Ormat Technologies

ORA

Ormat Technologies is a leading vertically integrated renewable energy company specializing in geothermal, solar, and energy storage solutions.

Market cap

$6.28B+15.7%

Revenue$1.2B+31.5%

Net income$127.6M+1.7%

Free cash flow-$215.3M-1.4%

EPS (diluted)$2.07+0.5%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 6, 2026

Revenue$403.9MBeat by $54.7M EPS$1.30Beat by $0.38

Read the full report

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$240.3M

EPS estimate$0.29

Financials

Q1 2026

Income statement

See full

Revenue$403.9M+75.8%

Gross profit$120.4M+65.1%

Operating income$80.3M+57.6%

Net income$44.1M+9.2%

EPS (diluted)$0.71+7.6%

Balance sheet

See full

Cash & equivalents$654.6M+481%

Total debt$46.4M+57.9%

Total equity$2.6B+4.5%

Total assets$6.8B+16.0%

Cash flow

See full

Operating cash flow$78.6M-10.7%

CapEx$113.8M-40.9%

Free cash flow-$35.2M+66.3%

Valuation & ratios

Valuation

See full

Market cap$6.28B+15.7%

Enterprise value$5.67B+6.8%

P/E49.2×+8.3×

P/S5.4×-0.5×

Profitability

See full

Gross margin27.5%-2.6pp

Operating margin17.1%-2.2pp

Net margin11%-3.2pp

FCF margin-18.5%—

Returns & leverage

See full

Return on equity5.1%-0.1pp

Debt / equity0×0.0×

Current ratio1.1×+0.1×

Segments

By segment

See full

Electricity$181.6M+0.8%

Product$177.4M+458%

Energy storage$44.9M+153%

By geography

See full

Non-US$225.3M+202%

By product

See full

Energy Storage$44.9M+153%

Competitors

By market cap

GE Vernova$265.42B+50.5%

Nextra Energy$185.26B+26.1%

Constellation Energy$96.4B-6.4%

Xcel Energy$50.4B+22.8%

IDACORP$8.2B+25.8%

Ormat Technologies$6.3B+17.0%

Portland General Electric$5.9B+32.1%

Fluence Energy, Inc.$1.8B+55.3%

By revenue growth

Constellation Energy+53.3%

Ormat Technologies+31.5%

GE Vernova+13.0%

Fluence Energy, Inc.+10.9%

Nextra Energy+8.8%

Portland General Electric+2.6%

By net margin

Nextra Energy33.32%+10.3pp

GE Vernova23.03%+19.9pp

Xcel Energy11.14%—

Ormat Technologies10.97%-3.2pp

Constellation Energy10.85%+11.3pp

Portland General Electric7.12%-1.7pp

Fluence Energy, Inc.-0.752%-3.4pp

Profile

Ormat Technologies is a leading vertically integrated renewable energy company specializing in geothermal, solar, and energy storage solutions. The company leverages proprietary technology to design, build, and operate power plants that provide reliable base-load and flexible electricity, while also manufacturing specialized equipment for third-party geothermal projects.

Competitive position

A global leader in geothermal energy with a unique vertically integrated model that combines proprietary technology manufacturing with power plant operation.

GeographiesUnited States, Indonesia, Kenya, Guatemala, Honduras, France, New Zealand

Customer segmentsUtilities, Government Entities, Industrial Corporations

Business modelVertically Integrated Producer, Manufacturing, Service-based EPC, Asset Ownership and Operation

SuppliersRaw material suppliers for manufacturing, Geothermal land leases and concessions, Battery cell manufacturers

CustomersElectric utility companies, Regional transmission organizations, Third-party geothermal developers

CountryUnited States of America

Listed2004

Employees1.6K

CEODoron Blachar

SectorUtilities

IndustryRenewable Utilities

Websiteormat.com

FilingsSEC EDGAR

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Questions, answered.

What is Ormat Technologies's market cap?: Ormat Technologies (ORA) has a market capitalization of $6.3B and trades on NYSE.
What is Ormat Technologies's revenue and profitability?: Ormat Technologies generated $1.2B in trailing twelve-month revenue with net income of $127.6M, representing a net margin of 11.0%. Gross margin stands at 27.5%, with free cash flow of -$215.3M. These figures are based on the Q1 2026 filing.
Who are Ormat Technologies's competitors?: Ormat Technologies's key competitors include Fluence Energy, NextEra Energy, GE Vernova Inc., and others. These companies compete in similar markets and product categories.
Who does Ormat Technologies partner with?: Ormat Technologies's notable partners include Moody's, S&P Global.
What subsidiaries does Ormat Technologies have?: Ormat Technologies's subsidiaries include Cyrq Energy, Innergex Renewable Energy Inc..
Where is Ormat Technologies headquartered?: Ormat Technologies is headquartered in United States of America and employs approximately 1,576 people. It has been publicly traded since 2004.