Highest-materiality recent filing
Ormat Q1 FY2026: record revenue $403.9M (+75.8%), adj. EPS $1.30 (+91.2%), reiterates FY guidance
Total revenue $403.9M (+75.8% YoY); GAAP EPS $0.71; adjusted EPS $1.30 (+91.2%); adjusted EBITDA $194.9M (+29.7%).
Ormat closes $1B convertible note offering; repurchases $286M of 2027 notes and $25M common stock
$1B aggregate convertible notes: $825M Series A (1.50%) and $175M Series B (0.00%), due 2031; initial conversion price ~$140.40/share.
Q4 GAAP EPS $0.50 vs $0.67 prior year; adjusted EPS $0.67 vs $0.72.
Ormat signs up to 150 MW geothermal PPA with NV Energy to support Google data centers
PPA covers multi-project portfolio of up to 150 MW of new geothermal capacity in Nevada.
Ormat Q3 revenue up 17.9% to $249.7M, EPS $0.39; raises FY revenue/EBITDA guidance
Total revenue $249.7M (+17.9% YoY); net income $24.1M (+9.3%); diluted EPS $0.39.
Ormat Q2 revenue up 9.9% to $234M; net income rises 26.1%; reaffirms FY guidance
Revenue $234M (+9.9% YoY); net income $28.0M (+26.1%); diluted EPS $0.46 (+24.3%).
Ormat Q1 revenue +2.5%, record EBITDA $150.3M; acquires Blue Mountain geothermal for $88M
Q1 2025 total revenue $229.8M (+2.5% YoY); net income $40.4M (+4.6%); record adjusted EBITDA $150.3M (+6.4%).
Ormat Q4 2024 EPS $0.67, FY adj. EBITDA $550.5M (+14.3% YoY), guides 2025 revs $935-975M
Total FY revenue $879.7M (+6.1%); Electricity $702.3M (+5.3%), Energy Storage $37.7M (+30.6%).
ORIX to sell 3.7M Ormat shares at $76.20 in secondary offering; Ormat gets no proceeds
ORIX Corporation sells 3,700,000 shares of Ormat common stock at $76.20 per share; underwriter option for 555,000 additional shares.
Ormat Q3 adjusted EBITDA up 16% to $137.7M; raises full-year EBITDA guidance
Q3 total revenue $211.8M (+1.8% YoY); electricity segment revenue $164.6M (+4.7% YoY).
Ormat Q2 revenue up 9.3% to $213M; adj. EBITDA up 25% to $126.1M; raises FY EBITDA guidance
Total revenues $213M (+9.3% YoY); operating income $35.1M (+45%); adj. EBITDA $126.1M (+25%).
Ormat Q1 revenue up 21% to $224.2M, EPS $0.64; reiterates FY2024 guidance
Total revenue $224.2M (+21% YoY); diluted EPS $0.64 (+25.5%); net income $38.6M (+32.9%).
Ormat Q4 revenue $241M (+17%), EPS $0.59; FY adj EBITDA $482M; guides 2024 EBITDA $515-545M
Q4 2023 total revenue $241.3M (+17.4% YoY); diluted EPS $0.59 (+84.4% YoY).
On March 11, 2025, Mike Nikkel, a member of the board of directors (the “Board”) of Ormat Technologies, Inc. (the “Company”), informed the Board that he would not stand for reelection at the 2025 annual meeting of stockholders (the “Annual Meeting”).
Max materiality 0.85 · Median 0.75 · Most common event earnings