Ormat Technologies (ORA) Gross Margin (2009 - 2026)

Ormat Technologies' Gross Margin history runs 17 years deep, the most recent figure standing at 28.56% for Q4 2025.

• In Q4 2025, Gross Margin fell 332.0% year-over-year to 28.56%; the TTM figure through Dec 2025 stood at 27.56% (down 343.0% YoY), while the FY2025 annual figure was 27.56%, down 343.0% from the prior year.
• Gross Margin for Q4 2025 stood at 28.56%, up from 25.64% in the prior quarter.
• The five-year high for Gross Margin was 44.27% in Q1 2021, with the low at 24.31% in Q2 2025.
• The 5-year median for Gross Margin is 33.29% (2023), against an average of 33.33%.
• The sharpest annual moves came in 2021 and 2023: Gross Margin jumped 576 bps in 2021, then slumped 866 bps in 2023.
• Ormat Technologies' Gross Margin stood at 39.57% in 2021, then dropped by 1 bps to 39.03% in 2022, then fell by 17 bps to 32.51% in 2023, then slipped by 2 bps to 31.88% in 2024, then slipped by 10 bps to 28.56% in 2025.
• Business Quant data shows ORA's Gross Margin at 28.56% in Q4 2025, 25.64% in Q3 2025, and 24.31% in Q2 2025.