Ormat Technologies, Inc. (New York Stock Exchange:ORA)
Insiders here have filed 2 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Keeps a healthy share of every dollar it sells.
- Revenue
- $1.21B
- Net income
- $134.4M
- Net margin
- 11.1%
A manageable debt load.
- Total debt
- $1.33B
- Cash
- $512.1M
- Net debt / EBITDA
- 2.18x
Owes more within a year than it holds to pay it.
- Current assets
- $915.4M
- Current liabilities
- $992.0M
- Current ratio
- 0.92
Consumes cash and must keep raising it.
- Operating cash flow
- $234.2M
- Free cash flow
- -$162.7M
- FCF margin
- -13.4%
Not funding itself by issuing shares.
- Shares outstanding
- 61.5M
- Share growth (1y)
- 1.4%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
ORA Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
| Revenue | 275.12 M | 258.76 M | 403.91 M | 276.04 M | 249.73 M | 234.02 M |
| Revenue Growth (YoY) | 10.17 % | 10.57 % | 75.80 % | 19.63 % | 17.92 % | 9.89 % |
| Cost of Revenue | 197.74 M | 190.07 M | 283.54 M | 197.21 M | 185.69 M | 177.12 M |
| Gross Profit | 77.38 M | 68.70 M | 120.37 M | 78.83 M | 64.04 M | 56.90 M |
| SG&A Expense | 29.42 M | 27.07 M | 32.91 M | 27.18 M | 25.07 M | 24.16 M |
| R&D Expense | 1.42 M | 1.50 M | 1.13 M | 1.04 M | 1.28 M | 1.44 M |
| Operating Expenses | 30.85 M | 34.50 M | 29.16 M | 23.90 M | 67.16 M | 21.58 M |
| Operating Income | -1.00 M | 34.20 M | 91.21 M | 54.93 M | -3.13 M | 35.32 M |
| Pretax Income | 22.60 M | 17.16 M | 29.14 M | 26.31 M | 28.99 M | 22.73 M |
| Tax Provision | -9.31 M | -8.86 M | -15.47 M | -6.74 M | 4.28 M | -5.47 M |
| Net Income | 31.91 M | 27.09 M | 44.07 M | 31.35 M | 24.14 M | 28.05 M |
| EPS (Basic) | 0.52 | 0.44 | 0.72 | 0.52 | 0.40 | 0.46 |
| EPS (Diluted) | 0.51 | 0.43 | 0.71 | 0.50 | 0.39 | 0.46 |
| Shares Outstanding | 61.50 M | 61.48 M | 60.96 M | 60.82 M | 60.67 M | 60.69 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.