Ormat Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	989.54	879.65	829.42	734.16	663.08
Revenue Growth (YoY)	12.49%	6.06%	12.98%	10.72%	-5.99%
Operations and Maintenance Expenses	716.86	607.04	565.41	465.34	398.75
Gross Profit	272.69	272.62	264.02	268.82	264.34
Other Operating Expenses	133.15	118.9	97.43	116.02	95.48
Operating Income	139.54	153.72	166.59	152.8	168.86
Interest Income	6.02	7.88	11.98	3.42	2.12
Interest Expense	-141.85	-134.03	-98.88	-87.74	-82.66
Other Non-Operating Income (Expense)	73.32	68.63	59.43	24.06	12.1
Total Non-Operating Income (Expense)	-62.52	-57.52	-27.47	-60.27	-68.43
Pretax Income	77.02	96.2	139.12	92.54	100.43
Provision for Income Taxes	-20.28	-16.29	5.98	14.74	24.85
Net Income	123.9	123.73	124.4	65.84	62.09
Minority Interest in Earnings	3.09	7.51	8.74	11.95	13.99
Net Income to Common	123.9	123.73	124.4	65.84	62.09
Net Income Growth	0.13%	-0.53%	88.94%	6.04%	-27.34%
Shares Outstanding (Basic)	61	60	59	56	56
Shares Outstanding (Diluted)	61	61	60	57	56
Shares Change (YoY)	0.94%	1.72%	5.77%	0.18%	8.60%
EPS (Basic)	2.04	2.05	2.09	1.17	1.11
EPS (Diluted)	2.02	2.04	2.08	1.17	1.10
EPS Growth	-0.98%	-1.92%	77.78%	6.36%	-33.33%
Free Cash Flow	-284.68	-76.76	-308.98	-282.5	-160.45
Free Cash Flow Per Share	-4.64	-1.26	-5.17	-5.00	-2.84
Dividends Per Share	0.480	0.480	0.480	0.480	0.480
Dividend Growth	-	-	-	-	6.67%
Gross Margin	27.56%	30.99%	31.83%	36.62%	39.86%
Operating Margin	14.10%	17.48%	20.08%	20.81%	25.47%
Profit Margin	9.83%	12.79%	16.05%	10.60%	11.40%
FCF Margin	-28.77%	-8.73%	-37.25%	-38.48%	-24.20%
EBITDA	431.66	416.58	391.38	351.6	351.83
EBITDA Margin	43.62%	47.36%	47.19%	47.89%	53.06%
EBIT	139.54	153.72	166.59	152.8	168.86
EBIT Margin	14.10%	17.48%	20.08%	20.81%	25.47%
Effective Tax Rate	-26.33%	-16.93%	4.30%	15.93%	24.74%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.