Ormat Technologies, Inc. (ORA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 403.91M | 276.04M | 249.73M | 234.02M | 229.76M | 230.74M | 211.78M | 212.96M | 224.17M | 241.34M | 208.06M | 194.8M | 185.23M | 205.49M | 175.88M | 169.08M | 183.71M | 190.99M | 158.84M | 146.9M |
| Revenue Growth % | 75.8% | 19.63% | 17.92% | 9.89% | 2.5% | -4.39% | 1.79% | 9.33% | 21.02% | 17.45% | 18.29% | 15.21% | 0.83% | 7.59% | 10.73% | 15.1% | 10.43% | 6.47% | -0.07% | -16.01% |
| Cost of Revenue | 283.54M | 197.21M | 185.69M | 177.12M | 156.84M | 157.18M | 152.92M | 151.58M | 145.36M | 162.88M | 148.05M | 145.31M | 109.16M | 125.28M | 114.78M | 111.48M | 113.81M | 115.41M | 95.7M | 94.93M |
| Gross Profit | 120.37M | 78.83M | 64.04M | 56.9M | 72.93M | 73.56M | 58.86M | 61.39M | 78.81M | 78.46M | 60M | 49.49M | 76.07M | 80.21M | 61.11M | 57.6M | 69.91M | 75.58M | 63.14M | 51.98M |
| Gross Margin % | 29.8% | 28.56% | 25.64% | 24.31% | 31.74% | 31.88% | 27.79% | 28.82% | 35.16% | 32.51% | 28.84% | 25.41% | 41.07% | 39.03% | 34.74% | 34.07% | 38.05% | 39.57% | 39.75% | 35.38% |
| Gross Profit Growth % | 65.05% | 7.16% | 8.79% | -7.32% | -7.46% | -6.24% | -1.9% | 24.04% | 3.6% | -2.19% | -1.81% | -14.08% | 8.82% | 6.13% | -3.22% | 10.82% | -5.08% | 0.71% | 16.86% | -20.51% |
| Operating Expenses | 34.05M | 23.9M | 67.16M | 21.58M | 22.01M | 24.48M | 23.19M | 26.26M | 26.23M | 26.83M | 22.44M | 25.27M | 22.9M | 49.98M | 22.21M | 18.99M | 24.83M | 20.71M | 27.15M | 23.36M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | -4.13M | 129.36M | 70.11M | 105.35M | 120.69M | 119.14M | 102.34M | 98.93M | 114.93M | 111.52M | 95.06M | 80.03M | 106.33M | 81.56M | 89.35M | 87.5M | 93.19M | 104.5M | 84.82M | 73.01M |
| EBITDA Margin % | -1.02% | 46.86% | 28.08% | 45.02% | 52.53% | 51.63% | 48.32% | 46.45% | 51.27% | 46.21% | 45.69% | 41.08% | 57.4% | 39.69% | 50.8% | 51.75% | 50.72% | 54.72% | 53.4% | 49.7% |
| EBITDA Growth % | -103.42% | 8.58% | -31.49% | 6.49% | 5.01% | 6.83% | 7.66% | 23.61% | 8.09% | 36.74% | 6.39% | -8.54% | 14.1% | -21.95% | 5.34% | 19.85% | 0.26% | 11.01% | -8.31% | -15.08% |
| Depreciation & Amortization | 0 | 74.43M | 73.24M | 70.03M | 69.78M | 70.05M | 66.66M | 63.8M | 62.35M | 59.89M | 57.49M | 55.81M | 53.16M | 51.33M | 50.45M | 48.9M | 48.11M | 49.64M | 48.83M | 44.4M |
| D&A / Revenue % | 0% | 26.97% | 29.33% | 29.93% | 30.37% | 30.36% | 31.48% | 29.96% | 27.81% | 24.82% | 27.63% | 28.65% | 28.7% | 24.98% | 28.69% | 28.92% | 26.19% | 25.99% | 30.74% | 30.22% |
| Operating Income (EBIT) | -4.13M | 54.93M | -3.13M | 35.32M | 50.91M | 49.09M | 35.67M | 35.13M | 52.58M | 51.63M | 37.57M | 24.22M | 53.17M | 30.23M | 38.89M | 38.61M | 45.08M | 54.86M | 35.99M | 28.62M |
| Operating Margin % | -1.02% | 19.9% | -1.25% | 15.09% | 22.16% | 21.27% | 16.84% | 16.49% | 23.46% | 21.39% | 18.06% | 12.44% | 28.7% | 14.71% | 22.11% | 22.83% | 24.54% | 28.72% | 22.66% | 19.48% |
| Operating Income Growth % | -108.1% | 11.9% | -108.76% | 0.54% | -3.18% | -4.93% | -5.04% | 45.01% | -1.1% | 70.81% | -3.41% | -37.25% | 17.94% | -44.91% | 8.07% | 34.9% | -9.64% | 3.13% | -30.37% | -40.47% |
| Interest Expense | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | -0.09x | 1.75x | 1.81x | 1.60x | 2.09x | 1.92x | 1.71x | 1.58x | 2.27x | 2.89x | 2.18x | 0.99x | 2.78x | 1.54x | 2.23x | 2.11x | 2.54x | 2.85x | 2.00x | 2.01x |
| Interest / Revenue % | -0.25% | 0.36% | 0.4% | 0.43% | 0.44% | 0.43% | 0.47% | 0.47% | 0.45% | 0.41% | 0.48% | 0.51% | 0.54% | 0.49% | 0.57% | 0.59% | 0.54% | 0.52% | 0.63% | 0.68% |
| Non-Operating Income | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 28.63M | 26.31M | 28.99M | 22.73M | 37.24M | 30.85M | 23.11M | 20.79M | 40.2M | 47.02M | 29.2M | 18.56M | 42.35M | 11.45M | 27.05M | 21.07M | 32.96M | 37.8M | 22.83M | 19.46M |
| Pretax Margin % | 7.09% | 9.53% | 11.61% | 9.71% | 16.21% | 13.37% | 10.91% | 9.76% | 17.93% | 19.48% | 14.03% | 9.53% | 22.86% | 5.57% | 15.38% | 12.46% | 17.94% | 19.79% | 14.37% | 13.25% |
| Income Tax | 15.47M | -6.74M | 4.28M | -5.47M | -3.79M | -11.77M | -1.19M | -3.18M | -147K | 8.19M | -7.13M | -3.96M | 8.88M | -8.78M | 7.23M | 6.13M | 10.16M | 15.53M | 2.05M | 4.27M |
| Effective Tax Rate % | 54.03% | -25.61% | 14.77% | -24.04% | -10.19% | -38.15% | -5.16% | -15.29% | -0.37% | 17.41% | -24.43% | -21.32% | 20.98% | -76.64% | 26.71% | 29.09% | 30.84% | 41.08% | 8.97% | 21.93% |
| Net Income | 44.07M | 31.35M | 24.14M | 28.05M | 40.36M | 40.82M | 22.08M | 22.24M | 38.59M | 35.73M | 35.45M | 24.19M | 29.03M | 18.04M | 18.11M | 11.26M | 18.43M | 18.91M | 14.9M | 13.03M |
| Net Margin % | 10.91% | 11.36% | 9.67% | 11.98% | 17.57% | 17.69% | 10.43% | 10.44% | 17.21% | 14.8% | 17.04% | 12.42% | 15.67% | 8.78% | 10.3% | 6.66% | 10.03% | 9.9% | 9.38% | 8.87% |
| Net Income Growth % | 9.18% | -23.19% | 9.31% | 26.09% | 4.6% | 14.26% | -37.71% | -8.05% | 32.93% | 98.03% | 95.76% | 114.84% | 57.51% | -4.57% | 21.53% | -13.56% | 20.78% | -8.66% | -4.96% | -43.48% |
| EPS (Diluted) | 0.71 | 0.50 | 0.39 | 0.46 | 0.66 | 0.67 | 0.36 | 0.37 | 0.64 | 0.59 | 0.59 | 0.40 | 0.51 | 0.32 | 0.32 | 0.29 | 0.33 | 0.34 | 0.26 | 0.23 |
| EPS Growth % | 7.58% | -25.37% | 8.33% | 24.32% | 3.13% | 13.56% | -38.98% | -7.5% | 25.49% | 84.38% | 84.38% | 37.93% | 54.55% | -5.88% | 23.08% | 26.09% | 22.22% | -12.82% | -16.13% | -48.89% |
| EPS (Basic) | 0.72 | 0.52 | 0.40 | 0.46 | 0.67 | 0.67 | 0.37 | 0.37 | 0.64 | 0.59 | 0.59 | 0.40 | 0.51 | 0.32 | 0.32 | 0.29 | 0.33 | 0.34 | 0.27 | 0.23 |
| Diluted Shares Outstanding | 61.98M | 62.34M | 61.13M | 61.02M | 60.84M | 60.77M | 60.77M | 60.76M | 60.54M | 60.51M | 60.57M | 60.63M | 57.1M | 56.5M | 56.46M | 56.5M | 56.37M | 56.39M | 56.3M | 56.32M |