---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-010620"
form_type: "8-K"
ticker: "ORA"
cik: "0001296445"
company_name: "ORMAT TECHNOLOGIES, INC."
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:18:20.280219+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ormat Q1 revenue up 10.4% to $183.7M; net income up 20.8%; adjusted EBITDA $107.9M

## Summary
- Revenue $183.7M (+10.4% YoY); Electricity segment $162.5M (+12.1%); Product $14.6M (+69.2%); Energy Storage $6.6M (-48.5%).
- Net income attributable to stockholders $18.4M (+20.8%); diluted EPS $0.33 vs $0.27; adjusted EBITDA $107.9M (+8.7%).
- 2022 guidance: total revenue $710-735M; adjusted EBITDA $430-450M; Heber 1 fire reduces electricity guidance by $15M.
- Tungsten Mountain 2 began commercial operation (13MW); signed 15-year PPA with Peninsula Clean Energy for 26MW from Heber 2.
- Quarterly dividend of $0.12/share declared, payable May 31, 2022.

## SEC filing metadata
- accession: 0001437749-22-010620
- form_type: 8-K
- ticker: ORA
- cik: 0001296445
- company_name: ORMAT TECHNOLOGIES, INC.
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1296445/000143774922010620/0001437749-22-010620-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1296445/000143774922010620/ora20220503_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-010620
- JSON: https://secwatch.observer/filing/0001437749-22-010620.json
- Plain text: https://secwatch.observer/filing/0001437749-22-010620.txt

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