What is Ormat Technologies's construction work in progress?

Ormat Technologies (ORA) reported construction work in progress of $923.26M in Q1 2026.

How has Ormat Technologies's construction work in progress changed year-over-year?

Ormat Technologies's construction work in progress increased by 9.3% year-over-year, from $844.87M to $923.26M.

What is the long-term trend for Ormat Technologies's construction work in progress?

Over 5 years (2020 to 2025), Ormat Technologies's construction work in progress has grown at a 16.9% compound annual growth rate (CAGR), from $479.32M to $1.05B.

Ormat Technologies ORA Construction work in progress

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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 / equity0×0.0×

Current ratio1.1×+0.1×

Where this comes from

Reported directly by Ormat Technologies in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

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 construction work in progress?: Ormat Technologies (ORA) reported construction work in progress of $923.26M in Q1 2026.
How has Ormat Technologies's construction work in progress changed year-over-year?: Ormat Technologies's construction work in progress increased by 9.3% year-over-year, from $844.87M to $923.26M.
What is the long-term trend for Ormat Technologies's construction work in progress?: Over 5 years (2020 to 2025), Ormat Technologies's construction work in progress has grown at a 16.9% compound annual growth rate (CAGR), from $479.32M to $1.05B.