Ormat Technologies (ORA) Cost of Revenue (2009 - 2026)
Ormat Technologies (ORA) posted quarterly Cost of Revenue of $197.2 million for Q4 2025, up 25.47% year-over-year from $157.2 million in Q4 2024, and up 6.2% quarter-over-quarter from $185.7 million in Q3 2025.
Ormat Technologies (ORA) Cost of Revenue (2009 - 2026) Analysis & Trends
Ormat Technologies' Cost of Revenue history runs 17 years deep, the most recent figure standing at $197.2 million for Q4 2025.
- In Q4 2025, Cost of Revenue rose 25.47% year-over-year to $197.2 million; the TTM figure through Dec 2025 stood at $716.9 million (up 18.09% YoY), while the FY2025 annual figure was $716.9 million, up 18.09% from the prior year.
- Cost of Revenue for Q4 2025 stood at $197.2 million, up from $185.7 million in the prior quarter.
- The five-year high for Cost of Revenue was $197.2 million in Q4 2025, with the low at $92.7 million in Q1 2021.
- The 5-year median for Cost of Revenue is $145.3 million (2023), against an average of $137.7 million.
- The sharpest annual moves came in 2021 and 2024: Cost of Revenue decreased 15.95% in 2021, then jumped 33.16% in 2024.
- Ormat Technologies' Cost of Revenue stood at $115.4 million in 2021, then gained by 8.55% to $125.3 million in 2022, then jumped by 30.02% to $162.9 million in 2023, then slipped by 3.5% to $157.2 million in 2024, then grew by 25.47% to $197.2 million in 2025.
- Business Quant data shows ORA's Cost of Revenue at $197.2 million in Q4 2025, $185.7 million in Q3 2025, and $177.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 12.08 Bn | 10.92 Bn | 117.49 Mn | 48.50 Mn |
| 2 | Ormat Technologies | 7.16 Bn | 6.50 Bn | 68.70 Mn | 190.07 Mn |
| 3 | Brookfield Renewable Partners | 4.70 Bn | 2.20 Bn | 623.00 Mn | 453.00 Mn |
| 4 | Clearway Energy | 3.83 Bn | 3.49 Bn | 332.00 Mn | 149.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 70.00 Mn |
| 6 | Fluence Energy | 1.84 Bn | 1.28 Bn | 33.24 Mn | 616.61 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 579.73 Mn | - | - |
| 8 | Energy Vault Holdings | 707.23 Mn | 638.48 Mn | 4.79 Mn | 17.09 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 975.34 Mn |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 190.07 Mn |
| Jun 30, 2026 | 190.07 Mn |
| Dec 31, 2025 | 197.21 Mn |
| Dec 31, 2025 | 197.21 Mn |
| Sep 30, 2025 | 185.69 Mn |
| Sep 30, 2025 | 185.69 Mn |
| Jun 30, 2025 | 177.12 Mn |
| Jun 30, 2025 | 177.12 Mn |
| Mar 31, 2025 | 156.84 Mn |
| Mar 31, 2025 | 156.84 Mn |
| Dec 31, 2024 | 157.18 Mn |
| Dec 31, 2024 | 157.18 Mn |
| Sep 30, 2024 | 152.92 Mn |
| Sep 30, 2024 | 152.92 Mn |
| Jun 30, 2024 | 151.58 Mn |
| Jun 30, 2024 | 151.58 Mn |
| Mar 31, 2024 | 145.36 Mn |
| Mar 31, 2024 | 145.36 Mn |
| Dec 31, 2023 | 162.88 Mn |
| Dec 31, 2023 | 162.88 Mn |