ORA
Ormat Technologies, Inc.
NYSE · Utilities · Renewable Utilities · US
$105.45
+1.21%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.2B | 989.5M | 879.7M | 829.4M | 734.2M |
| Cost of Revenue | 856.5M | 716.9M | 607.0M | 565.4M | 465.3M |
| Gross Profit | 331.9M | 272.7M | 272.6M | 264.0M | 268.8M |
| Operating Expenses | |||||
| R&D Expense | 5.0M | 6.3M | 6.5M | 7.2M | 5.1M |
| SG&A Expense | 112.2M | 98.5M | 97.8M | 86.5M | 77.5M |
| General & Admin Expense | 90.3M | 79.6M | 80.1M | 68.2M | 61.3M |
| Selling & Marketing Expense | 21.9M | 18.9M | 17.7M | 18.3M | 16.2M |
| Other Expenses | 37.5M | (14.8M) | (4.2M) | 3.7M | 33.5M |
| Total Operating Expenses | 154.7M | 90.0M | 100.1M | 97.4M | 116.0M |
| Cost and Expenses | 1.0B | 806.8M | 707.2M | 662.8M | 581.4M |
| Operating Income (EBIT) | 177.2M | 182.7M | 172.5M | 166.6M | 152.8M |
| Non-Operating | |||||
| Interest Income | 4.2M | 6.0M | 7.9M | 12.0M | 3.4M |
| Interest Expense | 159.6M | 141.9M | 134.0M | 98.9M | 87.7M |
| Net Interest Income | (155.4M) | (135.8M) | (126.1M) | (86.9M) | (84.3M) |
| Other Non-Op Income/Expense | (75.6M) | (76.0M) | (57.5M) | (27.5M) | (60.3M) |
| Non-Operating Income (excl Interest) | (30.2M) | (65.8M) | (76.9M) | (71.4M) | (30.5M) |
| EBT (Pre-Tax Income) | 101.6M | 106.7M | 115.0M | 139.1M | 92.5M |
| Income Tax Expense | (26.8M) | (20.3M) | (16.3M) | 6.0M | 14.7M |
| Bottom Line | |||||
| Net Income | 126.6M | 123.9M | 123.7M | 124.4M | 65.8M |
| Earnings from Cont. Ops | 128.4M | 127.0M | 131.2M | 133.1M | 77.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 126.6M | 123.9M | 123.7M | 124.4M | 65.8M |
| Per Share | |||||
| Basic EPS | $2.08 | $2.04 | $2.05 | $2.09 | $1.17 |
| Diluted EPS | $2.03 | $2.02 | $2.04 | $2.08 | $1.17 |
| Revenue Per Share | $19.33 | $16.30 | $14.55 | $13.96 | $13.10 |
| Shares | |||||
| Basic Shares Outstanding | 61.5M | 60.7M | 60.5M | 59.4M | 56.1M |
| Diluted Shares Outstanding | 62.5M | 61.4M | 60.8M | 59.8M | 56.5M |
| Profitability Metrics | |||||
| EBITDA | 433.7M | 536.1M | 512.3M | 462.8M | 382.1M |
| D&A | 226.3M | 287.5M | 262.9M | 224.8M | 198.8M |
| EBIT | 207.4M | 248.6M | 249.4M | 238.0M | 183.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026