NYSE:ORA
Ormat Technologies, Inc.
Ormat Technologies, Inc.'s revenue grew 12.5% in fiscal 2025 to $989.5M while operating margin fell to 17.1%, its lowest in 10 years. Free cash flow was −$284.7M, −28.8% of revenue, and the diluted share count rose 0.9%.Summary generated from Ormat Technologies, Inc.'s SEC filings. Latest annual report filed Feb 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$989.5M
Revenue growth+12.5%
Revenue, 5-yr CAGR+7.0%
Gross margin27.6%
Operating margin17.1%
Net margin12.5%
ROIC3.4%
Return on equity5.0%
Debt / equity1.09
Free cash flow−$284.7M
FCF margin−28.8%
Share count change+0.9%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 663 | 734 | 829 | 880 | 990 |
| Operating income | 169 | 153 | 167 | 172 | 169 |
| Net income | 62 | 66 | 124 | 124 | 124 |
| Free cash flow | −160 | −283 | −309 | −77 | −285 |
Recent filings
- 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 5, 2026 - 4Insider transaction report
Jul 2, 2026 - 8-KResults of a shareholder vote
Jun 5, 2026 - 4Insider transaction report
Jun 4, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 7, 2026 - 8-KResults of operations and financial condition
May 6, 2026 - DEF 14AProxy statement
Apr 21, 2026