Pricing Log in Create free account
Friday 6 November 2026 Export ORA’s income statement to Excel — free account

Ormat Technologies, Inc.

ORA Utilities Utilities Renewable

Ormat Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $989.5 million, up 12.5% from fiscal 2024.

Revenue
+10.2%
EPS
+30.0%
Free cash flow
+197.7%
Total debt
+32.3%

Quarter to September 2026, against a year earlier

93.25 1.03 −1.09%
Market cap
$5.7B
P/E
42.4×
Fwd P/E
42.6×
Dividend yield
0.51%
F-score
4/9
Altman Z
1.55
Beneish M
−2.57
Dividend safety
41/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Ormat Technologies, Inc. (ORA) Gross margin

Alert me on Gross margin

Ormat Technologies, Inc.'s gross margin over the twelve months to 30 September 2026 was 28.4%, up 0.9 percentage points from fiscal 2025 (27.6%). Over the past ten years it has ranged from 27.6% (fiscal 2025) to 40.9% (fiscal 2016) — the current reading is the lowest in ten years. That is below the Utilities Renewable industry median of 40.6% and below the Utilities sector median of 58.0%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 27.6% (3.43)
FY2024 31.0% (0.84)
FY2023 31.8% (4.79)
FY2022 36.6% (3.24)
FY2021 39.9% 0.69
FY2020 39.2% 3.07
FY2019 36.1% (1.50)
FY2018 37.6% (1.15)
FY2017 38.8% (2.12)
FY2016 40.9% 4.16

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 28.1% 1.57
Jun 2026 26.6% (3.25)
Mar 2026 29.8% 1.24
Dec 2025 28.6% 2.92
43 more quarters

Against its own ten years

Low 27.6% High 40.9%
Ten-year median 36.7%
Current reading's percentile 12

Gross margin against peers

Company Gross margin
RNW ReNew Energy Global PLC compare 81.9%
CWEN Clearway Energy, Inc. compare 64.4%
BEP Brookfield Renewable Partners L.P. compare 61.8%
BEPC Brookfield Renewable Corporation compare 60.1%
ENLT Enlight Renewable Energy Ltd. compare 41.7%
ENIC Enel Chile S.A. compare 40.6%
ORA Ormat Technologies, Inc. 28.4%
MWH SOLV Energy Inc. compare 16.8%
FRVO Fervo Energy Company compare 0.00%
Utilities Renewable industry median 40.6%
Utilities sector median 58.0%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on ORA