ORA · XBRL financial data

Ormat Technologies financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (ORA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cost of goods and services sold	429	399	465	565	607	717
Gross profit	276	264	269	264	273	273
Research and development	5	4	5	7	7	6
General and administrative	60	76	61	68	80	80
Other operating income (expense)	—	—	0	0	9	15
Operating income (loss)	214	169	153	167	172	169
Interest income	2	2	3	12	8	6
Interest expense	78	83	88	99	134	142
Other income (expense)	1	(0)	(1)	2	0	0
Income tax expense (benefit)	67	25	15	6	(16)	(20)
Net income (loss)	85	62	66	124	124	124
Earnings per share, basic USD per share	1.66	1.11	1.17	2.09	2.05	2.04
Earnings per share, diluted USD per share	1.65	1.10	1.17	2.08	2.04	2.02
Weighted average shares, basic millions of shares	52	56	56	59	60	61
Weighted average shares, diluted millions of shares	52	56	57	60	61	61

Fiscal years (ORA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	448	239	96	196	94	147
Accounts receivable	149	123	129	209	164	165
Inventory	35	28	23	45	38	45
Prepaid and other current assets	15	36	30	42	59	40
Total current assets	779	602	457	646	547	598
Property and equipment, net	2,099	2,295	2,493	2,999	3,502	3,673
Right-of-use asset	16	19	23	24	32	42
Goodwill	25	90	90	91	151	168
Total assets	3,889	4,426	4,612	5,208	5,666	6,247
Commercial paper	0	—	0	100	100	100
Total current liabilities	249	544	344	537	598	738
Total deposits	—	—	—	—	—	11
Lease liability, non-current	13	16	20	20	23	30
Total liabilities	1,938	2,418	2,581	2,757	3,106	3,555
Retained earnings	550	585	624	720	815	909
Total stockholders' equity	1,806	1,855	1,868	2,315	2,425	2,544
Total liabilities and equity	3,889	4,426	4,612	5,208	5,666	6,247
Common shares outstanding (cover page) millions of shares	56	56	56	60	61	61

Fiscal years (ORA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	85	62	66	124	124	124
Stock-based compensation	10	9	12	15	20	19
Depreciation and amortization	157	183	199	225	263	292
Net cash from operating activities	265	259	281	309	411	335
Purchases of property and equipment	321	419	563	618	488	620
Net cash from investing activities	(386)	(638)	(523)	(628)	(780)	(726)
Proceeds from issuing common stock	339	0	0	342	0	0
Share repurchases	0	0	18	0	0	—
Dividends paid	23	27	27	28	29	29
Proceeds from long-term debt	419	—	—	—	—	—
Repayments of long-term debt	—	—	—	207	209	265
Net cash from financing activities	503	186	126	380	288	466
Net change in cash	384	(193)	(117)	61	(82)	75

SIC 4911 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4911 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Ormat Technologies	514	not reported	51*	61.5M	—	Q2 FY26 10-QJun 30, 2026
Portland General Electric	69	971	323*	119.1M	—	Q3 FY26 10-QSep 30, 2026
TXNM Energy	29	731	not reported	110.1M	—	Q3 FY26 10-QSep 30, 2026
Idacorp	188	615	not reported	58.9M	—	Q3 FY26 10-QSep 30, 2026
Black Hills	72	453	195*	76.3M	—	Q2 FY26 10-QJun 30, 2026
Oklo	1,645	1.2	(48)*	186.0M	34.6 quarters	Q2 FY26 10-QJun 30, 2026
Otter Tail	278	335	112*	42.0M	—	Q2 FY26 10-QJun 30, 2026
Oge Energy	0.2	753	176	206.4M	—	Q1 FY26 10-QMar 31, 2026
Clearway Energy	251	481	214*	205.3M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.