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Ormat Technologies (ORA) Cost of Revenue (2009 - 2025)

Ormat Technologies' quarterly Cost of Revenue came in at -$500.8 million in Q4 2025, down 12157.55% year-on-year from N/an in Q4 2024, and down 369.67% quarter-over-quarter from $185.7 million in Q3 2025.

Ormat Technologies has reported Cost of Revenue for 17 years, with the latest figure at -$500.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue fell 12157.55% year-over-year to -$500.8 million; the trailing twelve-month figure through Dec 2025 stood at -$306.5 million (down 199.97% YoY), and the FY2025 full-year result was $18.9 million, up 6.8% from the prior year.
  • Cost of Revenue for Q4 2025 stood at -$500.8 million, down from $185.7 million in the prior quarter.
  • The five-year high for Cost of Revenue was $185.7 million in Q3 2025, with the low at -$500.8 million in Q4 2025.
  • Average Cost of Revenue over 5 years is -$7.1 million, with a median of $4.2 million recorded in 2021.
  • Year-over-year, Cost of Revenue surged 3581.76% in 2024 and plunged 12157.55% in 2025.
  • Tracing ORA's Cost of Revenue over 5 years: stood at $4.3 million in 2021, then fell by 11.28% to $3.8 million in 2022, then slumped by 10256.38% to -$384.2 million in 2023, then soared by 101.08% to $4.2 million in 2024, then sank by 12157.55% to -$500.8 million in 2025.
  • The last three Cost of Revenue figures came in at -$500.8 million (Q4 2025), $185.7 million (Q3 2025), and $4.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn 975.34 Mn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 38.54 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn -500.75 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 418.26 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 134.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 134.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 2.91 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 10.10 Mn
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 70.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 19.35 Mn

Historic Data

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DateValue
Dec 31, 2025 -500.75 Mn
Dec 31, 2025 -500.75 Mn
Sep 30, 2025 185.69 Mn
Sep 30, 2025 185.69 Mn
Jun 30, 2025 4.37 Mn
Jun 30, 2025 4.37 Mn
Mar 31, 2025 4.17 Mn
Mar 31, 2025 4.17 Mn
Dec 31, 2024 4.15 Mn
Dec 31, 2024 4.15 Mn
Sep 30, 2024 152.92 Mn
Sep 30, 2024 152.92 Mn
Jun 30, 2024 4.17 Mn
Jun 30, 2024 4.17 Mn
Mar 31, 2024 145.36 Mn
Mar 31, 2024 145.36 Mn
Dec 31, 2023 -384.22 Mn
Dec 31, 2023 -384.22 Mn
Sep 30, 2023 4.68 Mn
Sep 30, 2023 4.68 Mn
Jun 30, 2023 5.37 Mn
Jun 30, 2023 5.37 Mn
Mar 31, 2023 3.95 Mn
Mar 31, 2023 3.95 Mn
Dec 31, 2022 3.78 Mn
Dec 31, 2022 3.78 Mn
Sep 30, 2022 4.09 Mn
Sep 30, 2022 4.09 Mn
Jun 30, 2022 111.48 Mn
Jun 30, 2022 111.48 Mn
Mar 31, 2022 4.37 Mn
Mar 31, 2022 4.37 Mn
Dec 31, 2021 4.26 Mn
Dec 31, 2021 4.26 Mn
Sep 30, 2021 2.67 Mn
Sep 30, 2021 2.67 Mn
Jun 30, 2021 3.99 Mn
Jun 30, 2021 3.99 Mn
Mar 31, 2021 92.71 Mn
Mar 31, 2021 92.71 Mn
Dec 31, 2020 3.66 Mn
Dec 31, 2020 3.66 Mn
Sep 30, 2020 104.92 Mn
Sep 30, 2020 104.92 Mn
Jun 30, 2020 4.85 Mn
Jun 30, 2020 4.85 Mn
Mar 31, 2020 110.30 Mn
Mar 31, 2020 110.30 Mn
Dec 31, 2019 117.94 Mn
Dec 31, 2019 117.94 Mn
Sep 30, 2019 115.00 Mn
Sep 30, 2019 115.00 Mn
Jun 30, 2019 3.28 Mn
Jun 30, 2019 3.28 Mn
Mar 31, 2019 124.86 Mn
Mar 31, 2019 124.86 Mn
Dec 31, 2018 99.66 Mn
Dec 31, 2018 99.66 Mn
Sep 30, 2018 8.58 Mn
Sep 30, 2018 8.58 Mn
Jun 30, 2018 120.84 Mn
Jun 30, 2018 120.84 Mn
Mar 31, 2018 110.65 Mn
Mar 31, 2018 110.65 Mn
Dec 31, 2017 102.01 Mn
Dec 31, 2017 102.01 Mn
Sep 30, 2017 3.63 Mn
Sep 30, 2017 3.63 Mn
Jun 30, 2017 4.09 Mn
Jun 30, 2017 4.09 Mn
Mar 31, 2017 115.49 Mn
Mar 31, 2017 115.49 Mn
Dec 31, 2016 99.88 Mn
Dec 31, 2016 99.88 Mn
Sep 30, 2016 4.79 Mn
Sep 30, 2016 4.79 Mn
Jun 30, 2016 3.67 Mn
Jun 30, 2016 3.67 Mn
Mar 31, 2016 87.72 Mn
Mar 31, 2016 87.72 Mn
Dec 31, 2015 106.94 Mn
Dec 31, 2015 106.94 Mn
Sep 30, 2015 61.50 Mn
Sep 30, 2015 61.50 Mn
Jun 30, 2015 89.70 Mn
Jun 30, 2015 89.70 Mn
Mar 31, 2015 20.63 Mn
Mar 31, 2015 20.63 Mn
Dec 31, 2014 94.38 Mn
Dec 31, 2014 94.38 Mn
Sep 30, 2014 4.26 Mn
Sep 30, 2014 4.26 Mn
Jun 30, 2014 20.32 Mn
Jun 30, 2014 20.32 Mn
Mar 31, 2014 3.38 Mn
Mar 31, 2014 3.38 Mn
Dec 31, 2013 88.00 Mn
Dec 31, 2013 88.00 Mn
Sep 30, 2013 61.36 Mn
Sep 30, 2013 61.36 Mn
Jun 30, 2013 102.30 Mn
Jun 30, 2013 102.30 Mn
Mar 31, 2013 55.09 Mn
Mar 31, 2013 55.09 Mn
Dec 31, 2012 26.77 Mn
Dec 31, 2012 26.77 Mn
Sep 30, 2012 42.13 Mn
Sep 30, 2012 42.13 Mn
Jun 30, 2012 88.38 Mn
Jun 30, 2012 88.38 Mn
Mar 31, 2012 92.56 Mn
Mar 31, 2012 92.56 Mn
Dec 31, 2011 32.80 Mn
Dec 31, 2011 32.80 Mn
Sep 30, 2011 17.14 Mn
Sep 30, 2011 17.14 Mn
Jun 30, 2011 9.25 Mn
Jun 30, 2011 9.25 Mn
Mar 31, 2011 65.94 Mn
Mar 31, 2011 65.94 Mn
Dec 31, 2010 74.74 Mn
Dec 31, 2010 74.74 Mn
Sep 30, 2010 3.33 Mn
Sep 30, 2010 3.33 Mn
Jun 30, 2010 14.12 Mn
Jun 30, 2010 14.12 Mn
Mar 31, 2010 3.20 Mn
Mar 31, 2010 3.20 Mn
Dec 31, 2009 159.06 Mn
Dec 31, 2009 159.06 Mn
Sep 30, 2009 35.78 Mn
Sep 30, 2009 35.78 Mn
Jun 30, 2009 3.22 Mn
Jun 30, 2009 3.22 Mn