Ormat Technologies (ORA) Cost of Revenue (2009 - 2026)
Ormat Technologies (ORA) reported Cost of Revenue of $190.07 million for Q2 2026, up 7.3% from $177.12 million a year earlier but down 33.0% from the prior quarter.
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Analysis
Ormat Technologies (ORA) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ormat Technologies' Cost of Revenue came in at $856.51 million, up 33.0% year-over-year; for FY2025, it came in at $716.86 million, up 18.1% from FY2024.
- Cost of Revenue has increased for four consecutive years, with a five-year compound annual growth rate of 10.8% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $607.04 million in FY2024 (+7.4%), $565.41 million in FY2023 (+21.5%), $465.34 million in FY2022 (+16.7%) and $398.75 million in FY2021 (-7.1%).
- Five-year quarterly Cost of Revenue spans a low of $95.7 million in Q3 2021 and a high of $283.54 million in Q1 2026.
- Year over year, Cost of Revenue has now increased in each of the last six quarters, with growth averaging 19.9% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q1 2026 (growth of 80.8%); the low point was Q3 2021 (a decline of 8.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $283.54 million (Q1 2026), $197.21 million (Q4 2025) and $185.69 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 106.51 Bn | 97.41 Bn | - | - |
| 2 | Vistra | 54.68 Bn | 47.87 Bn | - | - |
| 3 | AXIA Energia | 33.19 Bn | 20.17 Bn | 2.59 Bn | 1.12 Bn |
| 4 | Nrg Energy | 22.64 Bn | 16.86 Bn | 2.01 Bn | 5.47 Bn |
| 5 | Talen Energy | 17.58 Bn | 15.14 Bn | - | - |
| 6 | Enlight Renewable Energy | 8.71 Bn | 5.26 Bn | 117.49 Mn | 48.50 Mn |
| 7 | Brookfield Renewable Partners | 8.01 Bn | -17.15 Bn | 927.00 Mn | 783.00 Mn |
| 8 | Oklo | 5.62 Bn | -1.21 Bn | - | - |
| 9 | Ormat Technologies | 5.60 Bn | 4.20 Bn | 68.70 Mn | 190.07 Mn |
| 10 | Transalta | 3.93 Bn | 2.83 Bn | 313.03 Mn | 39.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 190.07 Mn |
| Mar 31, 2026 | 283.54 Mn |
| Dec 31, 2025 | 197.21 Mn |
| Sep 30, 2025 | 185.69 Mn |
| Jun 30, 2025 | 177.12 Mn |
| Mar 31, 2025 | 156.84 Mn |
| Dec 31, 2024 | 157.18 Mn |
| Sep 30, 2024 | 152.92 Mn |
| Jun 30, 2024 | 151.58 Mn |
| Mar 31, 2024 | 145.36 Mn |
| Dec 31, 2023 | 162.88 Mn |
| Sep 30, 2023 | 148.05 Mn |
| Jun 30, 2023 | 145.31 Mn |
| Mar 31, 2023 | 109.16 Mn |
| Dec 31, 2022 | 125.28 Mn |
| Sep 30, 2022 | 114.78 Mn |
| Jun 30, 2022 | 111.48 Mn |
| Mar 31, 2022 | 113.81 Mn |
| Dec 31, 2021 | 115.41 Mn |
| Sep 30, 2021 | 95.70 Mn |
API Access
Ormat Technologies Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ORA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ORA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ORA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();