Ormat Technologies (ORA) Free Cash Flow (2009 - 2025)
Ormat Technologies (ORA) posted quarterly Free Cash Flow of -$40.0 million for Q4 2025, down 229.66% year-over-year from $30.9 million in Q4 2024, and up 60.79% quarter-over-quarter from -$102.1 million in Q3 2025.
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Analysis
Ormat Technologies (ORA) Free Cash Flow (2009 - 2025) Analysis & Trends
Ormat Technologies' Free Cash Flow history runs 17 years deep, the most recent figure standing at -$40.0 million for Q4 2025.
- In Q4 2025, Free Cash Flow fell 229.66% year-over-year to -$40.0 million; the TTM figure through Dec 2025 stood at -$284.7 million (down 270.87% YoY), while the FY2025 annual figure was -$284.7 million, down 270.87% from the prior year.
- Free Cash Flow for Q4 2025 stood at -$40.0 million, up from -$102.1 million in the prior quarter.
- The five-year high for Free Cash Flow was $30.9 million in Q4 2024, with the low at -$142.3 million in Q3 2023.
- The 5-year median for Free Cash Flow is -$52.2 million (2022), against an average of -$55.7 million.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow soared 201.43% in 2024, then slumped 2975.69% in 2025.
- Ormat Technologies' Free Cash Flow stood at -$16.8 million in 2021, then plunged by 377.89% to -$80.4 million in 2022, then soared by 62.12% to -$30.4 million in 2023, then jumped by 201.43% to $30.9 million in 2024, then tumbled by 229.66% to -$40.0 million in 2025.
- Business Quant data shows ORA's Free Cash Flow at -$40.0 million in Q4 2025, -$102.1 million in Q3 2025, and -$37.9 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | 1.83 Bn |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | 807.92 Mn |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | - |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 1.85 Bn |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 130.00 Mn |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | - |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -45.93 Mn |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | 395.00 Mn |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -39.71 Mn |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -40.04 Mn |
| Sep 30, 2025 | -102.11 Mn |
| Jun 30, 2025 | -37.93 Mn |
| Mar 31, 2025 | -104.59 Mn |
| Dec 31, 2024 | 30.88 Mn |
| Sep 30, 2024 | -3.32 Mn |
| Jun 30, 2024 | -116.14 Mn |
| Mar 31, 2024 | 11.82 Mn |
| Dec 31, 2023 | -30.45 Mn |
| Sep 30, 2023 | -142.33 Mn |
| Jun 30, 2023 | -85.79 Mn |
| Mar 31, 2023 | -50.42 Mn |
| Dec 31, 2022 | -80.37 Mn |
| Sep 30, 2022 | -53.98 Mn |
| Jun 30, 2022 | -92.68 Mn |
| Mar 31, 2022 | -55.47 Mn |
| Dec 31, 2021 | -16.82 Mn |
| Sep 30, 2021 | -34.59 Mn |
| Jun 30, 2021 | -90.07 Mn |
| Mar 31, 2021 | -18.97 Mn |