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ORA logoOrmat Technologies, Inc. (ORA) Earnings History

Annual and quarterly earnings data from 2002 to 2025

TTM Net Income
$128M
Profitable
TTM EPS
$2.06
Diluted
YoY EPS Growth
-1.0%
Slow
Net Margin
12.5%
Profitability
Operating Margin18.5%
Gross Margin27.6%
ROE4.7%
ROA2.1%
Highest Annual Net Income$171M (2017)
Highest Quarterly EPS$1.41 (Q3 2015)
Consecutive Profitable Years13 years
Q1 2026
Net Income$44M
EPS$0.71
QoQ Growth+40.6%Excellent

Loading earnings history...

ORA EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-1.0%
Slow
3-Year
+20.0%
Strong
5-Year
+4.1%
Solid
10-Year
-1.9%
Slow

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

ORA Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202527.6%18.5%12.5%
202431.0%19.6%14.1%
202331.8%20.1%15.0%
202236.6%20.8%9.0%
202139.9%25.5%9.4%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Ormat Technologies, Inc. (ORA) Earnings Overview

As of May 8, 2026, Ormat Technologies, Inc. (ORA) reported trailing twelve-month net income of $128M, reflecting -1.0% year-over-year growth. The company earned $2.06 per diluted share over the past four quarters, with a net profit margin of 12.5%.

Looking at the long-term picture, ORA's 5-year EPS compound annual growth rate (CAGR) stands at +4.1%, reflecting modest earnings expansion. The company achieved its highest annual net income of $171M in fiscal 2017.

Ormat Technologies, Inc. maintains positive profitability with a gross margin of 27.6%, operating margin of 18.5%, and net margin of 12.5%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including BEP ($212M net income, -0.3% margin), CWEN ($169M net income, 11.8% margin), NEE ($8.18B net income, 24.9% margin), ORA has outperformed on profitability metrics. Compare ORA vs BEP →

ORA Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ORA logoORACurrent
$128M$2.0612.5%4.7%-1.0%—
BEP logoBEP
$212M$0.74-0.3%-0.1%+92.4%
CWEN logoCWEN
$169M$1.4111.8%2.9%+89.3%
NEE logoNEE
$8.2B$3.9224.9%10.7%-2.4%
AES logoAES
$1.1B-7.8%9.7%-46.6%
BKV logoBKV
$295M$2.8919.3%9.6%+196.5%
Best in group
Lowest in group

ORA Historical Earnings Data (2002–2025)

24 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$124M+0.1%$183M$2.0212.5%18.5%
2024$124M-0.5%$172M$2.0414.1%19.6%
2023$124M+88.9%$167M$2.0815.0%20.1%
2022$66M+6.0%$153M$1.179.0%20.8%
2021$62M-27.3%$169M$1.109.4%25.5%
2020$85M-3.0%$214M$1.6512.1%30.3%
2019$88M-10.1%$194M$1.7211.8%26.0%
2018$98M-42.6%$185M$1.9213.6%25.7%
2017$171M+81.8%$205M$2.6124.6%29.6%
2016$94M-21.4%$202M$1.7714.2%30.5%

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Compare ORA vs GEV

Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..

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ORA — Frequently Asked Questions

Quick answers to the most common questions about buying ORA stock.

Is ORA growing earnings?

ORA EPS of $2.06 reflects slowing growth at -1.0%, below the 5-year CAGR of +4.1%. TTM net income is $128M. Expansion rate has moderated.

What are ORA's profit margins?

Ormat Technologies, Inc. net margin is +12.5%, with operating margin at +18.5%. Margins sit within typical range for the sector.

How consistent are ORA's earnings?

ORA earnings data spans 2002-2025. The current earnings trend is -1.0% YoY. Historical data enables comparison across business cycles.

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ORA Earnings Over Time (2014–2025)

Net income and EPS trends