Ormat Technologies financials
$91.27+1.01%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $989.5M | $879.7M | $829.4M | $734.2M | $663.1M | $705.3M | $746.0M | $719.3M | $692.8M | $662.6M |
| Gross profit | $272.7M | $272.6M | $264.0M | $268.8M | $264.3M | $276.3M | $269.3M | $270.4M | $268.5M | $270.8M |
| Gross margin | 27.6% | 31.0% | 31.8% | 36.6% | 39.9% | 39.2% | 36.1% | 37.6% | 38.7% | 40.9% |
| Operating income | $169.2M | $172.5M | $166.6M | $152.8M | $169.4M | $214.0M | $193.8M | $185.1M | $205.0M | $201.9M |
| Net income | $123.9M | $123.7M | $124.4M | $65.8M | $62.1M | $85.5M | $88.1M | $98.0M | $132.4M | $88.7M |
| Net margin | 12.5% | 14.1% | 15.0% | 9.0% | 9.4% | 12.1% | 11.8% | 13.6% | 19.1% | 13.4% |
| Diluted EPS | $2.02 | $2.04 | $2.08 | $1.17 | $1.10 | $1.65 | $1.72 | $1.92 | $2.61 | $1.77 |
| EBITDA | $474.9M | $440.5M | $395.1M | $385.1M | $352.1M | $349.9M | $339.9M | $328.2M | $319.3M | $308.2M |
| Operating cash flow | $335.1M | $410.9M | $309.4M | $281.0M | $258.8M | $265.0M | $236.5M | $145.8M | $245.6M | $159.3M |
| Free cash flow | -$284.7M | -$76.8M | -$309.0M | -$282.5M | -$160.4M | -$55.7M | -$43.5M | -$112.7M | -$13.7M | — |
| Diluted shares | 61.4M | 60.8M | 59.8M | 56.5M | 56.4M | 51.9M | 51.2M | 51.0M | 50.8M | 50.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $147.4M | $94.4M | $195.8M | $95.9M | $239.3M | $448.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $43.3M | $0.00 |
| Total debt | $2.82B | $2.43B | $2.09B | $2.03B | $1.93B | $1.49B |
| Total assets | $6.25B | $5.67B | $5.21B | $4.61B | $4.43B | $3.89B |
| Total liabilities | $3.56B | $3.11B | $2.76B | $2.58B | $2.42B | $1.94B |
| Shareholders' equity | $2.68B | $2.55B | $2.44B | $2.02B | $2.00B | $1.94B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology