---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-025245"
form_type: "8-K"
ticker: "ORA"
cik: "0001296445"
company_name: "ORMAT TECHNOLOGIES, INC."
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T12:40:41.740973+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ormat Q3 electricity revenue up 15%, product down 65%; adj. EPS $0.32; guides FY21 EBITDA $400-410M

## Summary
- Electricity segment revenue $142.7M (+15.4% YoY) on acquisitions and Puna recovery; product segment $10.5M (-64.5%) due to COVID.
- Adjusted net income $17.8M ($0.32 diluted EPS) vs $15.7M ($0.31) in Q3 2020; GAAP net income $14.9M ($0.26).
- Adjusted EBITDA $101.6M (-5.1% YoY) reflecting lower business interruption income and higher G&A; FY21 guidance reiterated at $400-410M.
- Product segment backlog grew 13.2% to $66.9M; new supply contracts in Nicaragua and Indonesia signed.
- Quarterly dividend of $0.12/share declared, payable Dec 3, 2021.

## SEC filing metadata
- accession: 0001437749-21-025245
- form_type: 8-K
- ticker: ORA
- cik: 0001296445
- company_name: ORMAT TECHNOLOGIES, INC.
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1296445/000143774921025245/0001437749-21-025245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1296445/000143774921025245/ora20211104_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-025245
- JSON: https://secwatch.observer/filing/0001437749-21-025245.json
- Plain text: https://secwatch.observer/filing/0001437749-21-025245.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.