Ormat Technologies Income Statement
ORA / Utilities|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Revenue has declined at a 9.1% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.36 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $199.0M | $184.0M | $692.8M | $662.6M | $594.6M | $559.5M | $533.2M | $501.8M | $425.5M |
| Cost of Revenue | $716.9M | $607.0M | $565.4M | $465.3M | $398.7M | $429.1M | $476.7M | $448.8M | $424.4M | $391.8M | $376.4M | $355.8M | $373.4M | $372.8M | $311.7M |
| Gross Profit | $272.7M | $272.6M | $264.0M | $268.8M | $264.3M | $276.3M | $269.3M | $270.4M | $268.5M | $270.8M | $218.3M | $203.8M | $159.8M | $129.0M | $113.8M |
| SG&A Expense | $79.6M | $80.1M | $68.2M | $61.3M | $75.9M | $60.2M | $55.8M | $47.8M | $42.9M | $46.7M | $34.8M | $28.6M | $29.2M | $28.1M | $27.4M |
| R&D Expense | $6.3M | $6.5M | $7.2M | $5.1M | $4.1M | $5.4M | $4.6M | $4.2M | $3.2M | $2.8M | $1.8M | $783.0K | $5.0M | $6.1M | $8.8M |
| Operating Income | $169.2M | $172.5M | $166.6M | $152.8M | $169.4M | $214.0M | $193.8M | $185.1M | $205.0M | $201.9M | $164.1M | $143.5M | $97.0M | -$159.9M | $61.6M |
| Interest Expense | - | - | $98.9M | $87.7M | $82.7M | $78.0M | $80.4M | $70.9M | $54.1M | $67.4M | $72.6M | $84.7M | $73.8M | $64.1M | $69.5M |
| Income Tax | -$20.3M | -$16.3M | $6.0M | $14.7M | $24.9M | $67.0M | $45.6M | $34.7M | $21.7M | $37.1M | -$15.3M | $27.6M | $13.6M | $1.8M | $48.2M |
| Net Income | $123.9M | $123.7M | $124.4M | $65.8M | $62.1M | $85.5M | $88.1M | $98.0M | $132.4M | $88.7M | $119.6M | $54.2M | $41.2M | -$213.0M | -$43.1M |
| EPS (Basic) | $2.04 | $2.05 | $2.09 | $1.17 | $1.11 | $1.93 | $2.64 | $1.79 | $2.46 | $1.19 | $0.91 | -$4.69 | -$0.95 | $0.82 | $1.52 |
| EPS (Diluted) | $2.02 | $2.04 | $2.08 | $1.17 | $1.10 | $1.92 | $2.61 | $1.77 | $2.43 | $1.18 | $0.91 | -$4.69 | -$0.95 | $0.82 | $1.51 |
| Shares Outstanding | 61.4M | 60.8M | 59.8M | 56.5M | 56.4M | 51.0M | 50.7M | 50.6M | 49.7M | 49.1M | 45.5M | 45.5M | 45.5M | 45.4M | 45.4M |
| Gross Margin | - | - | - | - | - | - | 135.3% | 147.0% | 38.8% | 40.9% | 36.7% | 36.4% | 30.0% | 25.7% | 26.7% |
| Operating Margin | - | - | - | - | - | - | 97.4% | 100.6% | 29.6% | 30.5% | 27.6% | 25.7% | 18.2% | -31.9% | 14.5% |
| Profit Margin | - | - | - | - | - | - | 44.3% | 53.2% | 19.1% | 13.4% | 20.1% | 9.7% | 7.7% | -42.4% | -10.1% |