Ormat Technologies, Inc. filed its quarterly report on Form 10-Q with the SEC for the period ended June 30, 2026, disclosing revenue, earnings, and balance sheet figures across its electricity, product, and energy storage segments.

Key Highlights

  • Total revenues of $258.8 million for the three months ended June 30, 2026, up from $234.0 million in the same period of 2025, according to the filing.
  • Net income attributable to stockholders was $27.086 million for Q2 2026, compared with $28.046 million in Q2 2025, as reported in the condensed consolidated statements.
  • Six-month total revenues reached $662.7 million for the first half of 2026, versus $463.8 million in the first half of 2025.
  • Energy storage revenues more than doubled to $42.772 million in Q2 2026 from $14.494 million in Q2 2025, per the filing.
  • Total assets stood at $6.788 billion as of June 30, 2026, compared with $6.247 billion as of December 31, 2025.
  • Cash and cash equivalents increased to $513.747 million at June 30, 2026, from $147.448 million at December 31, 2025.
  • Outstanding shares of common stock were 61,496,941 as of August 1, 2026, per the cover page disclosure.

Ormat Technologies Q2 2026 Segment Revenue and Balance Sheet Detail

According to the filing, Ormat Technologies (NYSE: ORA) reported total revenues of $258.764 million for the three months ended June 30, 2026, compared with $234.018 million for the three months ended June 30, 2025. The electricity segment contributed $169.253 million in Q2 2026, the product segment contributed $46.739 million, and the energy storage segment contributed $42.772 million. For the six months ended June 30, 2026, total revenues were $662.675 million versus $463.780 million in the comparable prior-year period.

The company disclosed gross profit of $68.698 million for Q2 2026, compared with $56.895 million in Q2 2025, reflecting total cost of revenues of $190.066 million for the quarter. Operating income was $34.198 million for the three months ended June 30, 2026, versus $35.318 million in the prior-year quarter. The filing notes interest expense, net, of $43.938 million for Q2 2026, compared with $36.682 million in Q2 2025. An income tax benefit of $9.666 million was recorded for Q2 2026, compared with a benefit of $5.466 million in Q2 2025.

On the balance sheet, the filing reports total assets of $6.788 billion as of June 30, 2026, up from $6.247 billion at December 31, 2025. Property, plant and equipment, net, was $3.790 billion, and construction-in-process was $975.428 million. Total liabilities rose to $4.044 billion from $3.555 billion at year-end 2025. The company's stockholders' equity attributable to Ormat's stockholders was $2.598 billion as of June 30, 2026, with retained earnings of $965.781 million. The filing also discloses the company is classified as a large accelerated filer.

What Was Disclosed

Ormat Technologies filed its Form 10-Q for the quarter ended June 30, 2026, reporting quarterly revenues of $258.8 million, net income attributable to stockholders of $27.086 million, total assets of $6.788 billion, and a significant increase in cash and cash equivalents relative to December 31, 2025.