Earnings summaries and quarterly performance for ORMAT TECHNOLOGIES.
Executive leadership at ORMAT TECHNOLOGIES.
Doron Blachar
Detailed
Chief Executive Officer
CEO
AG
Assaf Ginzburg
Detailed
Chief Financial Officer
JW
Jessica Woelfel
Detailed
General Counsel, Chief Compliance Officer and Corporate Secretary
OB
Ofer Ben Yosef
Detailed
Executive Vice President — Energy Storage and Business Development
SH
Shimon Hatzir
Detailed
Executive Vice President — Electricity Segment
Board of directors at ORMAT TECHNOLOGIES.
Research analysts who have asked questions during ORMAT TECHNOLOGIES earnings calls.
JC
Justin Clare
Roth MKM
4 questions for ORA
Also covers: AMPS, AMSC, ATKR +10 more
Noah Kaye
Oppenheimer & Co. Inc.
3 questions for ORA
Also covers: AAON, AMRC, BWA +16 more
Derek Podhaizer
Piper Sandler Companies
2 questions for ORA
Also covers: AESI, FLOC, FTI +14 more
JO
Jeffrey Osborne
TD Cowen
2 questions for ORA
Also covers: ASPN, AUR, BLDP +14 more
AS
Andre Stillman Adams
Oppenheimer & Co. Inc.
1 question for ORA
Also covers: ARRY, CSIQ, ROK
BC
Ben Cowell
Robert W. Baird & Co.
1 question for ORA
BK
Ben Kallo
Robert W. Baird & Co.
1 question for ORA
Also covers: ALB, AMRC, BE +15 more
DA
David Anderson
Barclays PLC
1 question for ORA
Also covers: ASPN, BKR, CHX +8 more
Hannah Velásquez
Jefferies
1 question for ORA
Also covers: CWEN, FLNC, RUN +1 more
J. David Anderson
Barclays
1 question for ORA
Also covers: ASPN, BKR, FTI +7 more
Julien Dumoulin-Smith
Jefferies
1 question for ORA
Also covers: AEE, AEP, AES +55 more
Mark W. Strouse
J.P. Morgan Chase & Co.
1 question for ORA
Also covers: ARRY, BE, BEP +15 more
MF
Michael Fairbanks
J.P. Morgan Chase & Co.
1 question for ORA
Also covers: AGX, BE, BMI +2 more
RL
Ryan Levine
Citigroup
1 question for ORA
Also covers: AEP, AES, ATO +17 more
Recent press releases and 8-K filings for ORA.
Ormat Technologies Co-Leads Sage Geosystems' $97M Series B Funding Round
ORA
New Projects/Investments
Convertible Preferred Issuance
- Ormat Technologies co-led a Series B funding round for Sage Geosystems, which raised over $97 million.
- Ormat Technologies committed $25 million to the round and issued convertible preferred shares as part of the transaction.
- The funding will enable Sage Geosystems to deploy its first commercial Pressure Geothermal facility at an existing Ormat power plant.
Jan 21, 2026, 6:47 PM
Ormat Technologies Co-Leads Series B Investment in Sage Geosystems
ORA
New Projects/Investments
- Ormat Technologies Inc. co-led a Series B funding round for Sage Geosystems Inc., a pioneer in next-generation geothermal and energy storage technology.
- Ormat's investment in the round totaled $25 million, contributing to an overall Series B funding of over $97 million.
- This investment is a key part of Ormat's strategy to expand its Enhanced Geothermal Systems (EGS) portfolio and accelerate the deployment and commercialization of advanced geothermal technologies.
- Sage plans to pilot its proprietary Pressure Geothermal technology at an existing Ormat power plant, with Ormat gaining the right to develop, build, own, and operate projects utilizing Sage's technology upon successful pilot completion.
Jan 21, 2026, 12:54 PM
Ormat Technologies Awarded Geothermal Concession in Indonesia
ORA
New Projects/Investments
- Ormat Technologies, Inc. (ORA) has been awarded the Telaga Ranu Geothermal Working Area by the Government of Indonesia, following a competitive tender process.
- This concession, located in Halmahera, North Maluku, Indonesia, has the potential to support up to 40MW of baseload geothermal energy.
- The award strengthens Ormat's development pipeline, increasing its total exploration pipeline to approximately 200MW, in addition to its 59MW operating asset in Indonesia.
Jan 15, 2026, 1:00 PM
Ormat Technologies Signs 20-Year PPA with Switch for Geothermal Power
ORA
New Projects/Investments
Revenue Acceleration/Inflection
- Ormat Technologies Inc. (ORA) has signed a 20-year Power Purchase Agreement (PPA) with Switch, a data center operator, for approximately 13MW of clean, renewable energy from Ormat’s Salt Wells geothermal power plant.
- This agreement marks Ormat’s first direct PPA with a data center operator, underscoring the increasing demand for sustainable energy solutions within the data center industry.
- Energy deliveries are scheduled to commence in the first quarter of 2030, following a major upgrade to the Salt Wells power plant, which is expected to be finalized by the second quarter of 2026.
- The PPA includes an option for Ormat to expand the facility’s output by adding an approximately 7MW Solar PV facility, and the company sees potential for future recontracting of over 100 MW of its existing fleet under this framework.
Jan 12, 2026, 10:08 PM
Ormat Technologies Commences Commercial Operations of Arrowleaf Hybrid Solar-Plus-Storage Project
ORA
New Projects/Investments
Product Launch
Guidance Update
- Ormat Technologies has commenced commercial operations of its Arrowleaf solar and battery energy storage project in California, marking the company's first hybrid solar-plus-storage facility.
- The Arrowleaf project features 42MW of solar generation capacity and 35MW/140MWh of energy storage, operating under a long-term tolling agreement with San Diego Community Power.
- This new project expands Ormat’s total operating portfolio to approximately 1.7 GW and generated approximately $38 million in upfront proceeds from a hybrid tax equity partnership closed in December 2025.
- Ormat successfully collected over $160 million of tax credits in 2025, surpassing its full-year target.
Jan 6, 2026, 2:00 PM
ORA Reports Strong Q3 2025 Financial Results with Significant Segment Growth and Positive 2025 Guidance
ORA
Earnings
Guidance Update
New Projects/Investments
- ORA reported Q3 2025 total revenues of $249.7 million, an increase of 17.9% compared to Q3 2024, with net income attributable to stockholders rising 9.3% to $24.1 million and diluted EPS increasing 8.3% to $0.39.
- Revenue growth was notably strong in the Energy Storage segment, up 108.1% to $20.4 million, and the Product segment, up 66.6% to $62.2 million in Q3 2025.
- The company secured $150 million in project financing and received $104 million from the sale of tax credits in Q3 2025, while its product backlog reached ~$295 million, marking a 79% increase compared to Q3 2024.
- ORA provided 2025 guidance for total revenues between $960 million and $980 million and Adjusted EBITDA between $575 million and $593 million.
Nov 4, 2025, 2:00 PM
Ormat Technologies Reports Strong Q3 2025 Results and Raises Full-Year Guidance
ORA
Earnings
Guidance Update
New Projects/Investments
- Ormat Technologies (ORA) reported strong Q3 2025 financial results, with total revenue increasing 17.9% to $249.7 million and net income attributable to stockholders growing 9.3% to $24.1 million. Adjusted EBITDA for the quarter was $138.4 million, a 0.6% increase.
- The company raised its full-year 2025 guidance, now expecting revenue between $960 million and $980 million and adjusted EBITDA between $575 million and $593 million.
- Revenue growth was primarily driven by the Energy Storage segment, which saw a 108% increase, and the Product segment, which increased by 66.6%. The Product segment's backlog expanded to $295 million.
- Strategic milestones achieved during the quarter include securing a 25-year extension for the 52 MW Heber PPA, obtaining two geothermal exploration licenses in Indonesia totaling 40 MW, and commissioning the Lower Rio energy storage facility in Texas.
- Ormat is also advancing its Enhanced Geothermal System (EGS) strategy through new partnerships with SLB and Sage.
Nov 4, 2025, 2:00 PM
Ormat Technologies Reports Q3 2025 Results and Updates Full-Year Guidance
ORA
Earnings
Guidance Update
New Projects/Investments
- Ormat Technologies reported Q3 2025 total revenue of $249.7 million, an increase of 17.9% compared to the prior year, primarily driven by growth in the product segment (up 66.6% to $62.2 million) and energy storage segment (up 108% to $20.4 million).
- For Q3 2025, net income attributable to stockholders was $24.1 million, or $0.39 per diluted share, and Adjusted EBITDA increased 0.6% to $138.4 million.
- The company updated its full-year 2025 guidance, projecting total revenue to range between $960-$980 million (a 10.2% increase at the midpoint) and Adjusted EBITDA to range between $575-$593 million (a 6.2% increase at the midpoint).
- Ormat is on track to achieve its portfolio capacity target of 2.6-2.8 gigawatts by the end of 2028 and has formed strategic partnerships with SLB and Sage Geosystems to accelerate the development and commercialization of EGS and advanced pressure geothermal technologies.
Nov 4, 2025, 2:00 PM
Ormat Technologies Reports Strong Q3 2025 Financial Results and Raises Full-Year Guidance
ORA
Earnings
Guidance Update
New Projects/Investments
- Ormat Technologies reported total revenues of $249.7 million in Q3 2025, an increase of 17.9% from Q3 2024, driven by strong performance in its Energy Storage and Product segments.
- Net income attributable to the Company's stockholders grew 9.3% to $24.1 million, with diluted EPS at $0.39 for Q3 2025.
- The company increased its full-year 2025 guidance, projecting total revenues between $960 million and $980 million and Adjusted EBITDA between $575 million and $593 million.
- Key business highlights include a strategic partnership with SLB to accelerate Enhanced Geothermal System development and the declaration of a quarterly dividend of $0.12 per share.
Nov 3, 2025, 9:33 PM
Ormat Technologies and SLB Partner to Accelerate Geothermal and EGS Development
ORA
New Projects/Investments
Product Launch
- Ormat Technologies and SLB have formed a partnership to accelerate the development and commercialization of integrated geothermal facilities, including Enhanced Geothermal Systems (EGS).
- The collaboration aims to optimize project realization and implement EGS solutions at scale, including the planning and construction of an EGS pilot plant at an Ormat site.
- This initiative leverages Ormat's expertise in power plant operations and SLB's strengths in subsurface and drilling technology to meet increasing energy demand, particularly from AI and data centers.
- EGS is projected to significantly expand geothermal energy's potential, with estimates of 90 GW by 2050 and up to 300 GW in the US alone.
Oct 28, 2025, 2:52 PM
Quarterly earnings call transcripts for ORMAT TECHNOLOGIES.
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