Ormat Q2 revenue up 9.9% to $234M; net income rises 26.1%; reaffirms FY guidance

ORMAT TECHNOLOGIES, INC.

2025-Q2 EPS reported $1.12 revenue$463,780,000

Revenue $234M (+9.9% YoY); net income $28.0M (+26.1%); diluted EPS $0.46 (+24.3%).
Electricity segment revenue $159.9M (-3.8% YoY) due to curtailments and planned maintenance.
Product segment revenue $59.6M (+57.6% YoY); Energy Storage revenue $14.5M (+62.7% YoY).
Adjusted EBITDA $134.6M (+6.7% YoY); FY 2025 guidance reaffirmed: revenue $935-975M, Adj. EBITDA $563-593M.
Completed 20MW Blue Mountain geothermal acquisition; secured $300M in tax equity and project finance funding.

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