Ormat Technologies, Inc. (ORA) is a global enterprise dedicated to geothermal and recovered energy power solutions, with significant operations in the United ...
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Est. EPS $2.57 · Revenue $1.18B · 6 analysts
Est. EPS $2.51 · Revenue $1.18B · 7 analysts
Est. EPS $0.58 · Revenue $315.07M · 4 analysts
Est. EPS $1.05 · Revenue $364.36M · 3 analysts
$0.48 per share
$0.48 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $989.5M | +12.5% | -35.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $123.9M | +0.1% | -38.5% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +27.6% | -11.1% | -10.9% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +18.5% | -5.8% | -41.5% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +12.5% | -11.0% | -4.1% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-284.7M | -270.9% | -148.3% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -28.8% | -229.7% | -287.5% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 112.3% | +11.1% | -1.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.81x | -11.5% | -2.1% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $6.2B | +10.2% | +0.2% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 2.02 vs 2.19 | -7.6% | 0.43 vs 0.58 | -26.3% |
| Revenue Surprise | $989.5M vs $971.2M | +1.9% | $258.8M vs $315.1M | -17.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jul 1, 2026 | Willis Aron John | officer: EVP, Electricity Segment | Common Stock | D | 451 | $106.64 |
| Jun 30, 2026 | Willis Aron John | officer: EVP, Electricity Segment | Restricted Stock Units | D | 1,812 | — |
| Jun 30, 2026 | Willis Aron John | officer: EVP, Electricity Segment | Common Stock | A | 1,812 | — |
| Jun 2, 2026 | Angel Isaac | director | Restricted Stock Units | A | 1,245 | — |
| Jun 2, 2026 | STERN STANLEY | director | Restricted Stock Units | A | 899 | — |
Operator: Good morning, and welcome to the Ormat Technologies second quarter 2026 earnings conference call. All participants will be in listen-only mode. After today's presentation, there will be an opportunity to ask questions. If you would like to ask a question during this time, just press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Please note that this event is being recorded. I would like to turn the conference over to Josh Carroll with Alpha IR. Please go ahead. Josh Carroll: Thank you, operator. Hosting the call today are Doron Blachar, Chief Executive Officer, Assi Ginzburg, Chief Financial Officer, and Smadar Lavi, Vice President of Investor Relations and ESG Planning Reporting. Before beginning, we would like to remind you that the information provided during this call may contain forward-looking statements relating to current expectations, estimates, forecasts, and projections about future events that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to the company's plans, objectives, and expectations for future operations and are based on management's current estimates and projections, future results, or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, please see risk factors as described in Ormat Technologies' annual report on Form 10-K and quarterly reports on Form 10-Q that are filed with the SEC. In addition, during the call, the company will present non-GAAP financial measures such as adjusted EBITDA. Reconciliations to the most directly comparable GAAP measures and management's reasons for presenting such information is set forth in the press release that was issued last night, as well as in the slides posted on the website. Because these measures are not calculated in accordance with GAAP, they should not be considered in isolation from the financial statements prepared in accordance with GAAP. Before I turn the call over to management, I'd like to remind everyone that a slide presentation accompanying this call may be accessed on the company's website at ormat.com under the presentation link that's found on the Investor Relations tab. With all that said, I would now like to turn the call over to Ormat's CEO, Doron Blachar. Doron? Doron Blachar: Thank you, Josh. Good morning, everyone, and thank you for joining us today. Let me begin with the key highlights from the second quarter, starting on slide four. The first half of 2026 reflects accelerating momentum across all three business segments. Second quarter revenue increased 10.6%, gross profit increased 20.8%, and adjusted EBITDA increased 6.9% compared with the prior year-period. On the strength of these results, we are raising our full-year revenue and adjusted EBITDA guidance. In …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Doron Blachar | Chief Executive Officer | USD 1,618,005 | Male | 1968 | Active |
Assaf Ginzburg | Chief Financial Officer | USD 982,782 | Male | 1975 | Active |
Shimon Hatzir | Consultant | USD 793,956 | Male | 1962 | Active |
Ofer Benyosef | Executive Vice President of Energy Storage & Business Development | USD 772,452 | Male | 1964 | Active |
Jessica Woelfel | General Counsel, Chief Compliance Officer & Corporate Secretary | USD 700,712 | Female | 1977 | Active |
Aron John Willis | Executive Vice President of Electricity Segment | USD 364,116 | Male | 1975 | Active |
Elad Zalkin | Executive Vice President of Projects, Engineering & QEHS | — | Male | — | Active |
Liza Tavori | Executive VP & CHRO | — | Female | — | Active |
Nirit Grushko | Executive VP & Chief Technology Officer | — | Female | — | Active |
Smadar Lavi | Vice President, Head of Investor Relations & ESG Planning and Reporting | — | Female | — | Active |
On August 10, 2026, Ormat Technologies Inc (ORA) shares rose 3.3% to $111.70, amidst a volatile price range over the past year, with a 52-week high of $146.39 a
Spark Power Group (OTCMKTS:SKPGF - Get Free Report) and Ormat Technologies (NYSE: ORA - Get Free Report) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations. Analyst Recommendations This is a summary of
Ormat Technologies NYSE: ORA raised its full-year revenue and adjusted EBITDA outlook after reporting second-quarter growth across its electricity, energy storage and product businesses, led by higher energy storage revenue and improved geothermal operations.
While the top- and bottom-line numbers for Ormat Technologies (ORA) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ormat Technologies, Inc. (ORA) Q2 2026 Earnings Call Transcript
