Ormat Technologies, Inc. (ORA)
Ormat Technologies, Inc. brought in $1.2B of revenue over the twelve months to September 30, 2026, up 28.6% from a year earlier. Net income was $134.4M, a net margin of 11.1%. In fiscal 2025 capital spending exceeded operating cash flow by $284.7M. At September 30, 2026 it held $348M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Ormat Technologies, Inc.
- Net worth
- Ormat Technologies, Inc. has a market value (market cap) of $5.7B at the latest share price, and shareholders' equity of $2.6B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $989.5M (+12.5% year on year), with net income of $123.9M. Over the 12 months to September 30, 2026: revenue $1.2B, net income $134.4M.
- Cash flow
- In fiscal 2025 operations brought in $335.1M of cash; after $619.8M of capital spending, free cash flow was -$284.7M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Ormat Technologies, Inc.'s next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Ormat Technologies, Inc. declared dividends of $0.48 per share in fiscal 2025, a yield of 0.52% at the current price.
What Ormat Technologies, Inc. does
Ormat Technologies, Inc. is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker ORA.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $989.5M | $123.9M | $2.02 | -$284.7M |
| 2024 | $879.7M | $123.7M | $2.04 | -$76.8M |
| 2023 | $829.4M | $124.4M | $2.08 | -$309M |
| 2022 | $734.2M | $65.8M | $1.17 | -$282.5M |
| 2021 | $663.1M | $62.1M | $1.10 | -$160.5M |
| 2020 | $705.3M | $85.5M | $1.65 | -$55.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where ORA ranks in Utilities
Dividends
Ormat Technologies, Inc. declared $0.48 per share in fiscal 2025. At the current price that is a yield of 0.52%. It paid out $29.1M in cash dividends, 23% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.48 | $29.1M | 23% |
| 2024 | $0.48 | $29.1M | 24% |
| 2023 | $0.48 | $28.4M | 23% |
| 2022 | $0.48 | $27.1M | 41% |
| 2021 | $0.48 | $27M | 43% |
| 2020 | $0.44 | $22.5M | 26% |
Latest SEC filings
What Ormat Technologies, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 10% to $275.1M versus the same quarter last year; diluted EPS $0.51 versus $0.39.
- November 4, 2026
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- September 16, 2026Passive stake (5% or more) SCHEDULE 13G
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 11% to $258.8M versus the same quarter last year; diluted EPS $0.43 versus $0.46.
- August 5, 2026
- July 31, 2026Passive stake (5% or more) SCHEDULE 13G
- July 29, 2026Passive stake changed SCHEDULE 13G/A
- July 29, 2026Passive stake changed SCHEDULE 13G/A
- July 23, 2026Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running Ormat Technologies, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 2, 2026 | Stern StanleyDirector | Exercised options | 1,315 | $88.8K |
| November 2, 2026 | Stern StanleyDirector | Shares withheld for tax | 966 | $88.7K |
| July 1, 2026 | Willis Aron JohnEVP, Electricity Segment | Sold | 451 | $48.1K |
| June 30, 2026 | Willis Aron JohnEVP, Electricity Segment | Exercised options | 1,812 | - |
| May 27, 2026 | Stern StanleyDirector | Sold | 250 | $34.6K |
| May 21, 2026 | Granot DavidDirector | Sold | 1,766 | $237.4K |
| May 20, 2026 | Granot DavidDirector | Sold | 1,753 | $232.6K |
| May 19, 2026 | Marom MichalDirector | Sold | 3,080 | $403.4K |
Who owns ORA
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Harel Insurance Investments & Financial Services Ltd.13G, passive | 7.1% | July 29, 2026 |
| Migdal Insurance & Financial Holdings Ltd.13G, passive | 5.99% | July 23, 2026 |
| Phoenix Financial Ltd.13G, passive | 5.31% | September 16, 2026 |
| Vanguard Capital Management13G, passive | 5.06% | April 30, 2026 |
| Vanguard Portfolio Management13G, passive | 5.02% | July 31, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 434 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 8,231,164 | -1,326,906 |
| Vanguard Portfolio Management LLC | 3,060,774 | +62,628 |
| Vanguard Capital Management LLC | 2,666,310 | +39,932 |
| State Street Corp | 2,514,455 | +75,612 |
| Dimensional Fund Advisors LP | 1,934,422 | +21,166 |
| Geode Capital Management, LLC | 1,790,792 | -30,875 |
| Canada Pension Plan Investment Board | 1,594,474 | +600 |
| Neuberger Berman Group LLC | 1,402,771 | +91,358 |
| Global Alpha Capital Management Ltd. | 1,359,802 | -431,546 |
| Migdal Insurance & Financial Holdings Ltd. | 1,201,526 | +40,000 |
| Y.D. More Investments Ltd | 1,024,426 | +143,996 |
| Invesco Ltd. | 1,009,890 | +75,847 |
| Goldman Sachs Group Inc | 920,187 | +189,611 |
| Northern Trust Corp | 775,070 | +30,150 |
| Norges Bank | 749,456 | new |
| Legal & General Group Plc | 713,040 | +93,608 |
| UBS Group AG | 678,159 | -418,439 |
| Charles Schwab Investment Management Inc | 652,293 | -2,691 |
| Meitav Investment House Ltd | 623,843 | new |
| Erste Asset Management GmbH | 551,738 | +202,985 |
Insiders
11 insiders reported holding 126,766 shares in total, about $11.7M at the last price.
| Holder | Shares |
|---|---|
| Blachar DoronChief Executive Officer | 62,734 |
| Angel IsaacDirector | 32,095 |
| Corfee KarinDirector | 6,427 |
| Stern StanleyDirector | 6,149 |
| Wong Byron G.Director | 5,925 |
| Woelfel JessicaGC, CCO, and CS | 3,433 |
| Sharir DafnaDirector | 3,140 |
| Ginzburg AssiChief Financial Officer | 1,970 |
| Barniv RavitDirector | 1,766 |
| Marom MichalDirector | 1,766 |
Questions about ORA
What does Ormat Technologies, Inc. do?
Ormat Technologies, Inc. is a company in the Utilities sector, listed on NYSE as ORA. Its shares trade on NYSE under the ticker ORA.
What is Ormat Technologies, Inc.'s net worth?
Ormat Technologies, Inc. has a market value (market cap) of $5.7B at the latest share price, and shareholders' equity of $2.6B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Ormat Technologies, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $134.4M on revenue of $1.2B, a net margin of 11.1%.
How much revenue does Ormat Technologies, Inc. make?
Over the twelve months to September 30, 2026 Ormat Technologies, Inc. reported revenue of $1.2B. That is 28.6% more than a year earlier.
When did Ormat Technologies, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is Ormat Technologies, Inc.'s next earnings report?
Ormat Technologies, Inc.'s next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Ormat Technologies, Inc. pay a dividend?
Yes. Ormat Technologies, Inc. declared dividends of $0.48 per share in fiscal 2025, a yield of 0.52% at the current price.
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Where the numbers come from
Financial figures are the values Ormat Technologies, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.