Jun 2026 (Q2 FY26) — Aug 6, 2026
Ormat Technologies Q2 FY26 — Strong H1 Performance Drives Raised Full-Year Guidance
Read the full callOrmat Technologies (ORA) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Ormat Technologies earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 259 | +10.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 13.2 | −1.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 27.1 | −3.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$86.64 −2.99% · −$2.67
Performance −20.3% 1Y
1Y: $108.69 on 17 Oct 2025 → $86.64. High $145.1 (3 Jun 2026), low $86.64 (19 Oct 2026).
- Previous close
- $89.31
- 52-week range
- $86.64 – $145.1
- One year
- −21.13%
Overview
- Symbol
- ORA
- Sector
- Utilities
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — May 7, 2026
Ormat Technologies Q1 FY26 — Record Revenue and Strong Growth in Energy Storage
Read the full callDec 2025 (Q4 FY25) — Feb 26, 2026
Ormat Q4 FY25 — Strong PPA Wins and EGS Advancement
Read the full callEvery analysed call
Ormat Technologies earnings calls (ORA)
Financials
What the filings say
Net profit, year on year: −3% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 212 | 231 | 230 | 234 | 250 | 276 | 404 | 259 |
| Operating profit | 36 | 49 | 51 | 35 | 40 | 43 | 80 | 34 |
| Operating margin | 16.8% | 21.3% | 22.2% | 15.1% | 16.2% | 15.4% | 19.9% | 13.2% |
| Interest | 35 | 35 | 34 | 37 | 36 | 35 | 45 | 44 |
| Profit before tax | 25 | 32 | 38 | 22 | 20 | 26 | 29 | 17 |
| Tax rate | −4.8% | −37.1% | −10.1% | −24.9% | −21.4% | −25.7% | −54.0% | −56.3% |
| Net profit | 22 | 41 | 40 | 28 | 24 | 31 | 44 | 27 |
| EPS ($ per share) | 0.37 | — | 0.67 | 0.46 | 0.40 | — | 0.72 | 0.44 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 422 | 488 | 550 | 585 | 624 | 720 | 815 | 909 |
| Total liabilities | 1,668 | 1,726 | 1,938 | 2,418 | 2,581 | 2,757 | 3,106 | 3,555 |
| Fixed assets | 1,960 | 1,971 | 2,099 | 2,295 | 2,493 | 2,999 | 3,502 | 3,673 |
| Total assets | 3,121 | 3,250 | 3,889 | 4,426 | 4,612 | 5,208 | 5,666 | 6,247 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 146 | 236 | 265 | 259 | 281 | 309 | 411 | 335 |
| Cash from investing | -342 | -255 | -386 | -638 | -523 | -628 | -780 | -726 |
| Cash from financing | 251 | -6 | 503 | 186 | 126 | 380 | 288 | 466 |
| Net cash flow | 54 | -24 | 384 | -193 | -117 | 61 | -82 | 75 |
| Capital expenditure | -259 | -280 | -321 | -419 | -563 | -618 | -488 | -620 |
| Free cash flow | -113 | -43 | -56 | -160 | -283 | -309 | -77 | -285 |
ORA revenue by segment
Electricity shrank from 78% to 65% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Electricity | 78% | 78% | 78% | 68% | 67% | 68% | 45% | 65% | +5.8% |
| Product | 18% | 17% | 14% | 25% | 25% | 23% | 44% | 18% | -21.6% |
| Energy Storage | 5% | 5% | 8% | 6% | 8% | 10% | 11% | 17% | +195.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
ORA operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Generation capacity Additions | 72 MWWe added 72 megawatts in the fourth quarter of 2025.Source: earnings call transcript | 30 MWWe added 30 megawatts in the first quarter of 2026 and currently have approximately 216 megawatts under construction and development through 2028.Source: earnings call transcript | — | -58.3% |
| Backlog Product | $352MOur product segment backlog stands at $352 million, representing a 19% increase on a sequential basis.Source: earnings call transcript | $239MOur product segment backlog stands at $239 million.Source: earnings call transcript | — | -32.1% |
| Generation capacity Electricity | — | ~1,340 MWOur Electricity portfolio now stands at approximately 1,340 megawatts globally.Source: earnings call transcript | ~1,355 MWOn Slide 15, our electricity portfolio stands at approximately 1,355 megawatts globally with new 15 megawatts added during the quarter.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- US 64% ↑ 2 pt
- Non Us 36% ↓ 2 pt
As ORA cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
69 filings between Nov 5, 2025 and Jul 1, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$11.96M
24 sales by 11 insiders
33% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 39
- Option exercise — converted options into shares
Also filed: 6 dispositions to the issuer.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Ginzburg Assi | — | $4.65M | May 14, 2026 |
| Benyosef Ofer | — | $2.43M | May 13, 2026 |
| Angel Isaac | — | $2.03M | Nov 7, 2025 |
| Woelfel Jessica | — | $910.1K | Mar 26, 2026 |
| Wong Byron G. | — | $604.4K | May 13, 2026 |
| Granot David | — | $470.0K | May 21, 2026 |
| Marom Michal | — | $403.4K | May 19, 2026 |
| Barniv Ravit | — | $197.3K | Nov 7, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 1, 2026 | Willis Aron John EVP, Electricity Segment | Sale | 451 | $48.1K |
| Jun 30, 2026 | Willis Aron John EVP, Electricity Segment | Option exercise | 1,812 | $0 |
| May 27, 2026 | STERN STANLEY Director | Sale | 250 | $34.6K |
| May 21, 2026 | Granot David Director | Sale | 1,766 | $237.4K |
| May 20, 2026 | Granot David Director | Sale | 1,753 | $232.6K |
| May 19, 2026 | Marom Michal Director | Sale | 3,080 | $403.4K |
| May 15, 2026 | STERN STANLEY Director | Sale | 577 | $75.1K |
| May 14, 2026 | Ginzburg Assi Chief Financial Officer | Disposition to issuer | 2,943 | $391.8K |
| May 14, 2026 | Ginzburg Assi Chief Financial Officer | Sale | 2,559 | $340.6K |
| May 14, 2026 | Ginzburg Assi Chief Financial Officer | Option exercise | 5,502 | $391.5K |
| May 14, 2026 | Ginzburg Assi Chief Financial Officer | Sale | 15,217 | $2.05M |
| May 13, 2026 | Benyosef Ofer EVP, Energy Storage & BD | Disposition to issuer 10b5-1 plan | 602 | $78.9K |
| May 13, 2026 | Benyosef Ofer EVP, Energy Storage & BD | Sale 10b5-1 plan | 9,429 | $1.24M |
| May 13, 2026 | Benyosef Ofer EVP, Energy Storage & BD | Option exercise 10b5-1 plan | 1,101 | $78.3K |
| May 13, 2026 | Wong Byron G. Director | Sale | 4,500 | $604.4K |
| May 11, 2026 | SHARIR DAFNA Director | Sale 10b5-1 plan | 883 | $108.1K |
| May 7, 2026 | Wong Byron G. Director | Option exercise | 1,766 | $0 |
| May 7, 2026 | SHARIR DAFNA Director | Option exercise 10b5-1 plan | 1,766 | $0 |
| May 7, 2026 | Corfee Karin Director | Option exercise | 1,766 | $0 |
| May 7, 2026 | Granot David Director | Option exercise | 1,766 | $0 |
| May 7, 2026 | STERN STANLEY Director | Option exercise | 1,766 | $0 |
| May 7, 2026 | Barniv Ravit Director | Option exercise | 1,766 | $0 |
| May 7, 2026 | Marom Michal Director | Option exercise | 1,766 | $0 |
| May 7, 2026 | Angel Isaac Director | Option exercise | 2,445 | $0 |
| Mar 26, 2026 | Woelfel Jessica GC, CCO, and CS | Sale 10b5-1 plan | 2,666 | $294.3K |
| Mar 25, 2026 | Woelfel Jessica GC, CCO, and CS | Sale 10b5-1 plan | 427 | $45.8K |
| Mar 25, 2026 | Woelfel Jessica GC, CCO, and CS | Sale 10b5-1 plan | 834 | $92.0K |
| Mar 24, 2026 | Woelfel Jessica GC, CCO, and CS | Sale | 136 | $14.7K |
| Mar 21, 2026 | Ginzburg Assi Chief Financial Officer | Option exercise | 6,611 | $0 |
| Mar 21, 2026 | Blachar Doron Chief Executive Officer | Option exercise | 13,999 | $0 |
| Mar 21, 2026 | Ginzburg Assi Chief Financial Officer | Option exercise | 1,064 | $0 |
| Mar 21, 2026 | Blachar Doron Chief Executive Officer | Option exercise | 2,252 | $0 |
| Mar 21, 2026 | Woelfel Jessica GC, CCO, and CS | Option exercise | 3,500 | $0 |
| Mar 21, 2026 | Woelfel Jessica GC, CCO, and CS | Option exercise | 563 | $0 |
| Mar 21, 2026 | Benyosef Ofer EVP, Energy Storage & BD | Option exercise | 3,888 | $0 |
| Mar 21, 2026 | Benyosef Ofer EVP, Energy Storage & BD | Option exercise | 626 | $0 |
| Mar 3, 2026 | Woelfel Jessica GC, CCO, and CS | Sale 10b5-1 plan | 2,359 | $248.1K |
| Mar 2, 2026 | Woelfel Jessica GC, CCO, and CS | Sale 10b5-1 plan | 869 | $90.9K |
| Mar 1, 2026 | Blachar Doron Chief Executive Officer | Option exercise | 5,139 | $0 |
| Mar 1, 2026 | Blachar Doron Chief Executive Officer | Option exercise | 805 | $0 |
| Mar 1, 2026 | Ginzburg Assi Chief Financial Officer | Option exercise | 694 | $0 |
| Mar 1, 2026 | Woelfel Jessica GC, CCO, and CS | Option exercise | 1,350 | $0 |
| Mar 1, 2026 | Ginzburg Assi Chief Financial Officer | Option exercise | 1,936 | $0 |
| Mar 1, 2026 | Ginzburg Assi Chief Financial Officer | Option exercise | 1,953 | $0 |
| Mar 1, 2026 | Ginzburg Assi Chief Financial Officer | Option exercise | 447 | $0 |
| Mar 1, 2026 | Blachar Doron Chief Executive Officer | Option exercise | 1,249 | $0 |
| Mar 1, 2026 | Woelfel Jessica GC, CCO, and CS | Option exercise | 313 | $0 |
| Mar 1, 2026 | Blachar Doron Chief Executive Officer | Option exercise | 3,871 | $0 |
| Mar 1, 2026 | Woelfel Jessica GC, CCO, and CS | Option exercise | 1,079 | $0 |
| Mar 1, 2026 | Woelfel Jessica GC, CCO, and CS | Option exercise | 486 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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