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Ormat Technologies ORA Exploration Abandonment And Impairment Expense

Exploration Abandonment And Impairment Expense at other companies

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Other financials

Income statement

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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

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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

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Operating cash flow$78.6M-10.7%
CapEx$113.8M-40.9%
Free cash flow-$35.2M+66.3%

Valuation

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Market cap$7.85B+60.3%
Enterprise value$7.24B+49.0%
P/E61.5×+22.5×
P/S6.7×+1.2×

Profitability

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Gross margin27.5%-2.6pp
Operating margin17.1%-2.2pp
Net margin11%-3.2pp
FCF margin-18.5%

Returns & leverage

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Return on equity5.1%-0.1pp
Debt / equity0.0×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Ormat Technologies in its filing.

Tagged under the XBRL concept us-gaap:ExplorationAbandonmentAndImpairmentExpense.

The official record: Ormat Technologies’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ormat Technologies's exploration abandonment and impairment expense?
Ormat Technologies (ORA) reported exploration abandonment and impairment expense of $2.08M in Q1 2026.
How has Ormat Technologies's exploration abandonment and impairment expense changed year-over-year?
Ormat Technologies's exploration abandonment and impairment expense increased by 303.5% year-over-year, from $516K to $2.08M.
What is the long-term trend for Ormat Technologies's exploration abandonment and impairment expense?
Over 2 years (2023 to 2025), Ormat Technologies's exploration abandonment and impairment expense has grown at a -37.8% compound annual growth rate (CAGR), from $3.73M to $1.45M.
What does exploration abandonment and impairment expense mean?
Costs written off due to failed exploration or development projects.
How do you interpret exploration abandonment and impairment expense?
High or increasing levels suggest high-risk exploration strategies or poor project selection, potentially impacting long-term growth.
How does exploration abandonment and impairment expense compare across companies?
High in geothermal, oil, and gas exploration sectors where project success is inherently uncertain.