ORMAT TECHNOLOGIES, INC.

ORA 10-K · FY 2025
API behind this page

ORA FY 2025 request

Playground key active
Request URL /api/financials?ticker=ORA&year=2025&quarter=4&full_year_mode=true
waiting 0 ms 
Pick an endpoint and run the request.
curl

Income Statement

JSON CSV Excel
Income Statement
Metric FY 2025 FY 2024 YoY
Revenue From Contract With Customer Including Assessed Tax 989,543 879,654 +12.5%
Show Product Lines breakouts
Accounted for Under ASC 606 · Electricity 143.5 153.2 -6.3%
Accounted for Under ASC 606 · Energy storage 18.8 4.2 +347.6%
Electricity 693,900 702,264 -1.2%
Electricity · Accounting Standards Update201602 569,120 553,348 +2.9%
Energy storage 78,957 37,729 +109.3%
Energy storage · Accounting Standards Update201602 420,423 326,306 +28.8%
Product 216,686 139,661 +55.2%
Show Business Segments breakouts
Electricity · Non Us 193,523 191,619 +1.0%
Electricity · Operating Segments 693,900 702,264 -1.2%
Electricity · US 500,377 510,645 -2.0%
Energy storage · Operating Segments 78,957 37,729 +109.3%
Energy storage · US 78,957 37,729 +109.3%
Product · Non Us 205,732 130,692 +57.4%
Product · Operating Segments 216,686 139,661 +55.2%
Product · US 10,954 8,969 +22.1%
Show Geography breakouts
DM 48,931 — —
GT 28,014 28,955 -3.2%
HN 28,658 30,304 -5.4%
ID 1,489 7,616 -80.4%
KE 117,422 114,066 +2.9%
Non Us · Operating Segments 399,255 322,311 +23.9%
NZ 128,817 78,665 +63.8%
Other foreign countries 40,777 59,692 -31.7%
TR 5,147 3,013 +70.8%
US 590,288 557,343 +5.9%
US · Operating Segments 590,288 557,343 +5.9%
Show Consolidation Items breakouts
Operating Segments 989,543 879,654 +12.5%
Show Major Customers breakouts
KPLC 117,422 114,066 +2.9%
Sierra Pacific Power Company and Nevada Power Company 136,730 133,108 +2.7%
Southern California Public Power 175,999 181,120 -2.8%
Show Related Party Transaction breakouts
Supply agreement, Ijen project · Related Party 1.2 7.4 -83.8%
Cost of Revenue 716,858 607,035 +18.1%
Show Product Lines breakouts
Electricity 495,989 459,526 +7.9%
Energy storage 50,198 33,598 +49.4%
Product 170,671 113,911 +49.8%
Gross Profit 272,685 272,619 0.0%
Show Business Segments breakouts
Electricity · Operating Segments 197,911 242,738 -18.5%
Energy storage · Operating Segments 28,759 4,131 +596.2%
Product · Operating Segments 46,015 25,750 +78.7%
Show Consolidation Items breakouts
Operating Segments 272,685 272,619 0.0%
Research & Development 6,304 6,501 -3.0%
Sales & Marketing 18,898 17,694 +6.8%
General & Administrative 79,592 80,119 -0.7%
Other Operating Income Expense Net -14,844 -9,375 -58.3%
Impairment Of Long Lived Assets Held For Use 12,064 1,280 +842.5%
Show Capitalized Contract Cost breakouts
North Brawley Geothermal Power Plant 7.2 — —
Waste Heat Agreement 4.9 — —
Show Property Plant And Equipment By Type breakouts
Brawley Power Plant And OREG 2 Facility 12.1 — —
Exploration Abandonment And Impairment Expense 1,446 3,930 -63.2%
Show Business Segments breakouts
Energy storage 1.4 2 -30.0%
Show Nature Of Expense breakouts
Drilling and Construction Costs · Construction In Progress 1,172 1,958 -40.1%
Show Property Plant And Equipment By Type breakouts
Construction In Progress 1,172 1,958 -40.1%
Operating Income 169,225 172,470 -1.9%
Show Business Segments breakouts
Electricity · Operating Segments 114,627 161,906 -29.2%
Energy storage · Operating Segments 31,195 242 +12790.5%
Product · Operating Segments 23,402 10,322 +126.7%
Show Consolidation Items breakouts
Operating Segments 169,225 172,470 -1.9%
Interest Income 6,015 7,883 -23.7%
Interest Expense -141,851 -134,031 -5.8%
Foreign Currency Transaction Gain Loss Before Tax 5,248 -4,187 +225.3%
Equity Method Investment Realized Gain Loss On Disposal 66,726 73,054 -8.7%
Other Non-Operating Income (Expense) 385 188 +104.8%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 105,748 115,377 -8.3%
Income Tax Expense (Benefit) 20,282 16,289 +24.5%
Income Loss From Equity Method Investments 960 -425 +325.9%
Net Income 126,990 131,241 -3.2%
Net Income Loss Attributable To Noncontrolling Interest -3,092 -7,508 +58.8%
Net Income 123,898 123,733 +0.1%
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax 9,665 -8,232 +217.4%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 7,451 -7,052 +205.7%
Noncontrolling Interest 2,214 -1,180 +287.6%
Parent 7,451 -7,052 +205.7%
Change In Unrealized Gains Or Losses In Respect Of The Companys Share In Derivatives Instruments Of Unconsolidated Investment That Qualifies As A Cash Flow Hedge -1,230 602 -304.3%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -1,230 602 -304.3%
Parent -1,230 602 -304.3%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax (FY) — — —
Show Equity Components breakouts
Accumulated Other Comprehensive Income · Cross Currency Interest Rate Contract -1,780 988 -280.2%
Accumulated Other Comprehensive Income · Interest Rate Swap 113 13 +769.2%
Parent · Cross Currency Interest Rate Contract -1,780 988 -280.2%
Parent · Interest Rate Swap 113 13 +769.2%
Show Derivative Risk breakouts
Cross Currency Interest Rate Contract -1,780 988 -280.2%
Interest Rate Swap 113 13 +769.2%
Other Comprehensive Income Loss Other Changes Net Of Tax 45 50 -10.0%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 45 50 -10.0%
Parent 45 50 -10.0%
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest 133,803 124,662 +7.3%
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest -5,306 -6,328 +16.2%
Comprehensive Income 128,497 118,334 +8.6%
EPS (Basic) 2.04 2.05 -0.5%
EPS (Diluted) 2.02 2.04 -1.0%
Wtd Avg Shares (Basic) 60,705 60,455 +0.4%
Wtd Avg Shares (Diluted) 61,362 60,790 +0.9%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents 147,448 94,395 +56.2%
Restricted Cash And Investments Current 133,418 111,377 +19.8%
Accounts Receivable 164,772 164,050 +0.4%
Show Geography breakouts
Non Us 102 105.2 -3.0%
Show Related Party Transaction breakouts
Variable Interest Entity Primary Beneficiary 308 224 +37.5%
Other Receivables Net Current 36,711 50,792 -27.7%
Inventory 45,268 38,092 +18.8%
Contract With Customer Asset Net 30,011 29,243 +2.6%
Prepaid Expenses & Other Current Assets 40,141 59,173 -32.2%
Total Current Assets 597,769 547,122 +9.3%
Non-Current Assets
Deposits And Other Assets Noncurrent 137,744 75,383 +82.7%
Show Deferred Compensation Arrangement With Individual Share Based Payments By Type Of Deferred Compensation breakouts
Israeli Severance Funds 5.8 5.9 -1.7%
Deferred Tax Assets 138,903 153,936 -9.8%
Operating Lease Right-of-Use Assets 41,756 32,114 +30.0%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary 17,236 13,989 +23.2%
Goodwill 168,244 151,023 +11.4%
Show Business Segments breakouts
Electricity 163.6 146.4 +11.7%
Energy storage 4.6 4.6 0.0%
Total Assets 6,246,508 5,666,224 +10.2%
Show Business Segments breakouts
Electricity · Material Reconciling Items 162,111 144,585 +12.1%
Electricity · Operating Segments 5,338,343 4,983,069 +7.1%
Energy storage · Operating Segments 631,960 453,468 +39.4%
Product · Operating Segments 276,205 229,687 +20.3%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary · PPAs 1,503,642 1,717,229 -12.4%
Variable Interest Entity Primary Beneficiary · Project Debt 3,128,422 2,470,494 +26.6%
Show Consolidation Items breakouts
Material Reconciling Items 162,111 144,585 +12.1%
Property, Plant & Equipment 3,672,569 3,501,886 +4.9%
Intangible Assets 256,975 — —
Other Non-Current Assets (Q) — — —
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary · PPAs 48,855 89,261 -45.3%
Variable Interest Entity Primary Beneficiary · Project Debt 410,150 286,840 +43.0%
Other Assets
Investment In Unconsolidated Companies In Excess Of Accumulated Losses 162,111 144,585 +12.1%
Show Jointly Owned Utility Plant breakouts
Investment in Ijen 90,431 72,367 +25.0%
Investment in Sarulla 66,680 69,718 -4.4%
Property Plant And Equipment Net Excluding Construction In Progress 3,672,569 3,501,886 +4.9%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary 3,460,079 3,271,248 +5.8%
Variable Interest Entity Primary Beneficiary · PPAs 1,268,325 1,418,750 -10.6%
Variable Interest Entity Primary Beneficiary · Project Debt 2,191,754 1,852,498 +18.3%
Construction In Progress Gross 1,048,174 755,589 +38.7%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary 392,644 251,442 +56.2%
Variable Interest Entity Primary Beneficiary · PPAs 148,989 165,850 -10.2%
Variable Interest Entity Primary Beneficiary · Project Debt 243,655 85,592 +184.7%
Show Nature Of Expense breakouts
Drilling and Construction Costs · Construction In Progress 711,666 529,773 +34.3%
Exploration and Development Costs · Projects under exploration and development 280,836 187,669 +49.6%
Interest Capitalized · Construction In Progress 38,607 21,082 +83.1%
Interest Capitalized · Projects under exploration and development 703 703 0.0%
Up-front Bonus Costs · Construction In Progress 11,031 11,031 0.0%
Up-front Bonus Costs · Projects under exploration and development 5,331 5,331 0.0%
Show Property Plant And Equipment By Type breakouts
Construction In Progress 761,304 561,886 +35.5%
Projects under exploration and development 286,870 193,703 +48.1%
Finance Lease Right Of Use Asset 4,690 2,841 +65.1%
Intangible Assets Net Excluding Goodwill 274,548 301,745 -9.0%
Current Liabilities
Accounts Payable And Accrued Liabilities Current 234,757 234,334 +0.2%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary · PPAs 12,293 12,635 -2.7%
Variable Interest Entity Primary Beneficiary · Project Debt 54,526 28,028 +94.5%
Other Short Term Borrowings 80,000 — —
Commercial Paper 99,983 99,977 0.0%
Show Short Term Debt Type breakouts
Commercial Paper 17 23 -26.1%
Deferred Revenue (Current) 13,159 23,091 -43.0%
Current Portion Of Long Term Debt With Limited And Nonrecourse 79,885 70,262 +13.7%
Current Portion Of Long Term Debt With Full Recourse 214,207 161,313 +32.8%
Finance Liability Current 9,749 4,093 +138.2%
Operating Lease Liability Current 4,764 3,633 +31.1%
Finance Lease Liability Current 1,884 1,375 +37.0%
Total Current Liabilities 738,388 598,078 +23.5%
Current Portion of Long-Term Debt (Q) — — —
Show Recourse Status breakouts
Limited and non-recourse -79,885 -70,262 -13.7%
Recourse -214,207 -161,313 -32.8%
Non-Current Liabilities
Limited And Non Recourse 645,803 578,204 +11.7%
Show Related Party Transaction breakouts
Variable Interest Entity Primary Beneficiary 13,488 8,849 +52.4%
Full Recourse Less Deferred Financing Costs 1,009,090 822,828 +22.6%
Convertible Long Term Notes Payable 472,334 469,617 +0.6%
Finance Liability Noncurrent 206,647 216,476 -4.5%
Operating Lease Liabilities 29,760 22,523 +32.1%
Finance Lease Liability Noncurrent 2,850 1,529 +86.4%
Deferred Tax Liabilities 68,661 68,616 +0.1%
Liability For Uncertain Tax Positions Noncurrent 10,378 6,272 +65.5%
Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current And Noncurrent 11,942 10,488 +13.9%
Asset Retirement Obligations Noncurrent 135,574 129,651 +4.6%
Other Non-Current Liabilities 33,637 29,270 +14.9%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary · PPAs 139,554 72,374 +92.8%
Variable Interest Entity Primary Beneficiary · Project Debt 483,961 427,813 +13.1%
Total Liabilities 3,555,232 3,105,844 +14.5%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary · PPAs 151,847 85,009 +78.6%
Variable Interest Entity Primary Beneficiary · Project Debt 1,316,909 1,166,318 +12.9%
Long-Term Debt (Q) — — —
Show Debt Instrument breakouts
Convertible senior notes 476,437 476,437 0.0%
Show Recourse Status breakouts
Limited and non-recourse 659,291 587,053 +12.3%
Recourse 1,013,338 827,499 +22.5%
Long-Term Debt 2,660,570 — —
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary · Project Debt 778,422 710,477 +9.6%
Other Liabilities
Liability Associated With Sale Of Tax Benefits 190,168 152,292 +24.9%
Redeemable Noncontrolling Interest Equity Carrying Amount 10,402 9,448 +10.1%
Stockholders' Equity
Common Stock 61 61 0.0%
Additional Paid In Capital Common Stock 1,654,635 1,635,245 +1.2%
Treasury Stock Common Value -17,964 -17,964 0.0%
Retained Earnings 909,343 814,518 +11.6%
Accumulated Other Comprehensive Income -2,132 -6,731 +68.3%
Total Stockholders' Equity 2,543,943 2,425,129 +4.9%
Show Restrictive Covenants [Axis] breakouts
Covenant requirement minimum 750 — —
Minority Interest 136,931 125,803 +8.8%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 2,680,874 2,550,932 +5.1%
Show Equity Components breakouts
Accumulated Gain Loss Cash Flow Hedge Including Noncontrolling Interest -984 684 -243.9%
Accumulated Other Comprehensive Income -2,132 -6,731 +68.3%
Additional Paid In Capital 1,654,635 1,635,245 +1.2%
Common Stock 61 61 0.0%
Noncontrolling Interest 136,931 125,803 +8.8%
Parent 2,543,943 2,425,129 +4.9%
Retained Earnings 909,343 814,518 +11.6%
Treasury Stock Common -17,964 -17,964 0.0%
Show Restrictive Covenants [Axis] breakouts
Covenant requirement 2,680.9 — —
Total Liabilities & Equity 6,246,508 5,666,224 +10.2%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation And Amortization 292,124 262,863 +11.1%
Asset Retirement Obligation Accretion Expense 8,330 7,747 +7.5%
Stock-Based Compensation 19,390 20,197 -4.0%
Income Attributable To Sale Of Equity Interests Net Of Interest Expense -26,252 -22,145 -18.5%
Income Loss From Equity Method Investments Net Of Dividends Or Distributions -960 425 -325.9%
Unrealized Gain Loss On Derivatives 550 856 -35.7%
Gain Loss On Disposition Of Assets -303 101 -400.0%
Gain Loss On Sale Of Other Assets -294 -413 +28.8%
Loss Gain On Foreign Currency Exchange Rates -7,568 3,428 -320.8%
Deferred Income Taxes And Tax Credits -33,174 5,300 -725.9%
Increase Decrease In Unrecognized Tax Benefits 4,106 -2,401 +271.0%
Increase Decrease In Receivables 4,468 27,172 -83.6%
Increase Decrease In Contract With Customer Current Assets -210 -11,614 +98.2%
Increase Decrease In Contract With Customer Noncurrent Assets -48,930 -26,033 -88.0%
Change in Inventory -7,176 6,945 -203.3%
Change in Prepaid & Other Assets 821 -8,510 +109.6%
Change In Operating Lease Right Of Use Asset 5,093 4,368 +16.6%
Increase Decrease In Deposit Other Assets 5,759 -4,491 +228.2%
Increase Decrease In Accounts Payable And Accrued Liabilities -1,782 11,426 -115.6%
Change in Deferred Revenue -11,322 5,330 -312.4%
Increase Decrease In Restructuring Reserve 1,454 -1,356 +207.2%
Change In Operating Lease Liabilities -6,387 -9,472 +32.6%
Change in Other Liabilities -3,136 4,745 -166.1%
Net Cash from Operations 335,101 410,919 -18.5%
Depreciation & Amortization 292,124 262,863 +11.1%
Show Business Segments breakouts
Electricity 250,787 230,957 +8.6%
Electricity · Operating Segments 236,278 218,252 +8.3%
Energy storage 29,586 20,213 +46.4%
Energy storage · Operating Segments 29,365 20,262 +44.9%
Product 11,751 11,693 +0.5%
Product · Operating Segments 10,377 10,363 +0.1%
Show Consolidation Items breakouts
Operating Segments 276,020 248,876 +10.9%
Deferred Income Taxes -43,152 -40,803 -5.8%
Investing Activities
Capital Expenditures -619,776 -487,678 -27.1%
Payments To Acquire Equity Method Investments -17,796 -18,969 +6.2%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Investment in Ijen -14.9 -15.9 +6.3%
Payments To Acquire Businesses Net Of Cash Acquired -88,650 -274,631 +67.7%
Increase Decrease In Severance Pay Fund Asset Net -213 1,024 -120.8%
Net Cash from Investing -726,435 -780,254 +6.9%
Increase Decrease In Accounts Payable Related To Purchases Of Property Plant And Equipment -9,396 -2,501 -275.7%
Right Of Use Assets Obtained In Exchange For New Lease Liabilities 15,851 13,360 +18.6%
Increase In Asset Retirement Cost And Asset Retirement Obligation -5,696 740 -869.7%
Financing Activities
Proceeds From Long Term Loans Net Of Transaction Costs 548,501 514,630 +6.6%
Proceeds Related To Tax Monetization Transactions 151,986 — —
Proceeds From Lines Of Credit 1,973,500 185,500 +963.9%
Repayments Of Lines Of Credit -1,893,500 -205,500 -821.4%
Proceeds From Minority Shareholders 10,276 12,251 -16.1%
Repayments Of Long Term Debt -265,462 -209,280 -26.8%
Payments To Minority Shareholders -7,834 -6,373 -22.9%
Finance Lease Principal Payments -1,840 -1,383 -33.0%
Payments Of Financing Costs -20,809 -7,058 -194.8%
Payments Of Dividends Common Stock -29,072 -29,109 +0.1%
Net Cash from Financing 465,746 287,916 +61.8%
Amortization of Financing Costs 6.4 5.9 +8.5%
Show Long-Term Debt Type breakouts
Convertible senior notes 2.7 2.5 +8.0%
Supplemental
Interest Paid 111,700 102,605 +8.9%
Income Taxes Paid 9,846 26,183 -62.4%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 682 -579 +217.8%
Net Change in Cash 75,094 -81,998 +191.6%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 280,866 205,772 +36.5%

Values in thousands USD. Source: SEC EDGAR 10-K filing.

This table is rendered from the same JSON returned by /api/financials.

Get API Key