Ormat Technologies (ORA)
Develops geothermal power plants, supplies generation equipment, and operates grid-scale battery storage.
$97.26
After hours−0.05 (−0.05%)
At close$97.31(+0.82%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 208 | 241 | 224 | 213 | 212 | 231 | 230 | 234 | 250 | 276 | 404 | 259 |
| Cost of revenue | 148 | 163 | 145 | 152 | 153 | 157 | 157 | 177 | 186 | 197 | 284 | 190 |
| Gross profit | 60 | 78 | 79 | 61 | 59 | 74 | 73 | 57 | 64 | 79 | 120 | 69 |
| 22 | 27 | 26 | 26 | 23 | 24 | 22 | 22 | 67 | 24 | 29 | 35 | |
| Research & development | 1 | 2 | 2 | 2 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 2 |
| 19 | 23 | 25 | 22 | 27 | 24 | 22 | 24 | 25 | 27 | 33 | 27 | |
| Selling & marketing | 5 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 6 | 6 |
| General & administrative | 14 | 19 | 20 | 18 | 23 | 20 | 18 | 20 | 20 | 22 | 27 | 21 |
| Other expenses | 2 | 1 | 0 | 2 | −6 | −1 | −3 | −4 | 41 | −4 | −5 | 6 |
| Operating income | 38 | 52 | 53 | 35 | 36 | 49 | 51 | 35 | −3 | 55 | 91 | 34 |
| −8 | −5 | −12 | −14 | −13 | −18 | −14 | −13 | 32 | −29 | −62 | −17 | |
| Interest income | 3 | 2 | 2 | 3 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | 0 |
| Interest expense | 25 | 26 | 31 | 34 | 35 | 35 | 34 | 37 | 36 | 35 | 45 | 44 |
| Other non-operating income | −17 | −23 | −18 | −18 | −24 | −17 | −21 | −23 | −68 | −6 | 17 | 27 |
| Income before tax | 29 | 47 | 40 | 21 | 23 | 31 | 37 | 23 | 29 | 26 | 29 | 17 |
| Income tax expense | −7 | 8 | 0 | −3 | −1 | −12 | −4 | −5 | 4 | −7 | −15 | −9 |
| Net income from continuing operations | 36 | 39 | 40 | 24 | 24 | 43 | 41 | 28 | 25 | 33 | 45 | 26 |
| Net income | 35 | 36 | 39 | 22 | 22 | 41 | 40 | 28 | 24 | 31 | 44 | 27 |
| EPS, basic | $0.59 | $0.59 | $0.64 | $0.37 | $0.37 | $0.67 | $0.67 | $0.46 | $0.40 | $0.52 | $0.72 | $0.44 |
| EPS, diluted | $0.59 | $0.59 | $0.64 | $0.37 | $0.36 | $0.67 | $0.66 | $0.46 | $0.39 | $0.50 | $0.71 | $0.43 |
| Weighted average shares, basic | 60 | 60 | 60 | 60 | 60 | 60 | 61 | 61 | 61 | 61 | 61 | 61 |
| Weighted average shares, diluted | 61 | 61 | 61 | 61 | 61 | 61 | 61 | 61 | 61 | 62 | 62 | 63 |
| EBITDA | 112 | 135 | 133 | 117 | 126 | 136 | 142 | 129 | 138 | 136 | 153 | 7 |
| Depreciation & amortization | 57 | 60 | 62 | 64 | 67 | 70 | 70 | 70 | 73 | 74 | 79 | 0 |
| EBIT | 55 | 75 | 70 | 53 | 60 | 66 | 72 | 59 | 65 | 61 | 74 | 7 |
