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 +13 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 +7 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 +54 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.
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
Ormat Technologies and SLB Partner on Geothermal Development
ORA
New Projects/Investments
- Ormat Technologies and SLB have announced an agreement to accelerate the development and commercialization of integrated geothermal resources, including Enhanced Geothermal Systems (EGS).
- The collaboration aims to streamline project execution from concept to energy generation and to develop, test, and scale EGS solutions for widespread application.
- EGS is defined as the next generation geothermal technology, designed to access geothermal energy in regions without conventional geothermal resources.
Oct 27, 2025, 10:23 PM
Ormat Technologies and SLB Partner to Accelerate Geothermal and Enhanced Geothermal Systems Development
ORA
New Projects/Investments
- Ormat Technologies and SLB have announced a partnership to accelerate the development and commercialization of integrated geothermal assets, including enhanced geothermal systems (EGS).
- The collaboration aims to streamline project deployment from concept to power generation and enable large-scale adoption of EGS solutions, leveraging Ormat's plant expertise and SLB's subsurface strengths.
- A key initiative includes developing, piloting, and expanding EGS solutions, with a pilot project planned at an existing Ormat facility.
- The partnership seeks to make EGS commercially viable to meet increasing energy demand, particularly from AI and data centers, with the US Department of Energy estimating next-generation geothermal could provide 90 gigawatts (GW) by 2050.
Oct 27, 2025, 10:13 PM
Ormat Technologies and SLB Partner on Geothermal and EGS Development
ORA
New Projects/Investments
Product Launch
- Ormat Technologies and SLB announced an agreement on October 27, 2025, to fast-track the development and commercialization of integrated geothermal assets, including Enhanced Geothermal Systems (EGS), which are designed to unlock geothermal energy in regions beyond conventional resources.
- The partnership aims to streamline project deployment and will include the design and construction of an EGS pilot project at an Ormat facility to validate commercial-scale deployment.
- This collaboration leverages Ormat's expertise in power plant design and operations with SLB's strengths in subsurface, reservoir engineering, and well construction, with plans for large-scale EGS commercialization after a successful pilot.
- The U.S. Department of Energy estimates that next-generation geothermal could provide 90 gigawatts (GW) by 2050, and potentially up to 300 GW in the U.S. alone.
Oct 27, 2025, 1:00 PM
Ormat Technologies and SLB Announce Geothermal Development Partnership
ORA
New Projects/Investments
- SLB and Ormat Technologies have announced an agreement to accelerate the development and commercialization of integrated geothermal assets, including Enhanced Geothermal Systems (EGS).
- The partnership aims to streamline project deployment, develop, pilot, and scale EGS solutions, and make both traditional hydrothermal and EGS technologies commercially viable and scalable to meet growing energy demand.
- Key activities include co-developing and deploying integrated geothermal assets and EGS systems, demonstrating an EGS pilot project at an existing Ormat facility, and jointly pursuing large-scale EGS commercialization.
- EGS is designed to expand the application of geothermal energy beyond natural reservoirs, with the U.S. Department of Energy estimating next-generation geothermal could provide 90 gigawatts (GW) by 2050 and potentially up to 300 GW in the U.S. alone.
Oct 27, 2025, 1:00 PM
Ormat Commences Commercial Operations at Lower Rio Energy Storage Facility
ORA
New Projects/Investments
- Ormat Technologies has successfully commenced commercial operations at its Lower Rio energy storage facility in Texas.
- This facility is a 60MW/120MWh Battery Energy Storage System (BESS) that will provide energy and ancillary services under a seven-year tolling agreement.
- Ormat secured approximately $25.0 million in proceeds through a Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. for the project.
- This transaction contributes to Ormat's goal of monetizing $160 million of tax benefits this year.
- With the addition of the Lower Rio facility, Ormat's total U.S. capacity for energy storage now stands at 350MW/778MWh.
Sep 2, 2025, 12:10 PM
Quarterly earnings call transcripts for ORMAT TECHNOLOGIES.
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