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Segments

By segment

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Electricity$40.13M+3.8%
Energy Storage$24.04M+1,294%
Product$4.52M-72.6%

Other financials

Income statement

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Revenue$258.8M+10.6%
Operating income$34.2M-3.2%
Net income$27.1M-3.4%
EPS (diluted)$0.43-6.5%

Balance sheet

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Cash & equivalents$513.7M+481%
Total debt$46.7M+39.5%
Total equity$2.6B+4.2%
Total assets$6.8B+12.8%

Cash flow

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Operating cash flow$50.6M-47.8%
CapEx$138.0M+2.4%
Free cash flow-$87.4M-130%

Valuation

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Market cap$6.15B+16.5%
Enterprise value$5.68B+8.7%
P/E48.6×+8.4×
P/S5.2×-0.6×

Profitability

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Gross margin27.9%-1.0pp
Operating margin16.6%-2.3pp
Net margin10.7%-3.8pp
FCF margin-22.3%

Returns & leverage

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Return on equity5%-0.4pp
Debt / equity0.0×
Current ratio+0.3×

Where this comes from

Calculated from Ormat Technologies’s reported figures.

The source filing: Ormat Technologies’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001296445-26-000014
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Product42,21743,118181,62667,802
Energy storage18,72812,76937,11725,087
Total cost of revenues190,066177,123473,608333,958
Gross profit68,69856,895189,067129,822
Operating expenses:
Research and development expenses1,5011,4392,6333,981
Selling and marketing expenses5,9684,37011,5458,542
General and administrative expenses21,10419,78648,44037,695

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ormat Technologies's gross profit?
Ormat Technologies (ORA) reported gross profit of $68.7M in Q2 2026.
How has Ormat Technologies's gross profit changed year-over-year?
Ormat Technologies's gross profit increased by 20.7% year-over-year, from $56.9M to $68.7M.
What is the long-term trend for Ormat Technologies's gross profit?
Over 3 years (2022 to 2025), Ormat Technologies's gross profit has grown at a 0.5% compound annual growth rate (CAGR), from $268.82M to $272.69M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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