Ormat Technologies (ORA) Gross Margin (2009 - 2026)
Ormat Technologies (ORA) posted quarterly Gross Margin of 28.56% for Q4 2025, down 332.0% year-over-year from 12.31% in Q4 2024, and up 11.36% quarter-over-quarter from 25.64% in Q3 2025.
Ormat Technologies (ORA) Gross Margin (2009 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.97 Bn | 10.81 Bn | 117.49 Mn | 70.78% |
| 2 | Ormat Technologies | 7.11 Bn | 6.45 Bn | 68.70 Mn | 26.55% |
| 3 | Brookfield Renewable Partners | 4.73 Bn | 2.23 Bn | 623.00 Mn | 57.90% |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | 69.02% |
| 5 | ReNew Energy Global | 2.47 Bn | 2.06 Bn | 269.00 Mn | 79.35% |
| 6 | Fluence Energy | 1.83 Bn | 1.26 Bn | 33.24 Mn | 5.12% |
| 7 | XPLR Infrastructure | 1.08 Bn | 581.15 Mn | - | - |
| 8 | Energy Vault Holdings | 685.73 Mn | 616.98 Mn | 4.79 Mn | 21.88% |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 59.62% |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.55% |
| Dec 31, 2025 | 28.56% |
| Sep 30, 2025 | 25.64% |
| Jun 30, 2025 | 24.31% |
| Mar 31, 2025 | 31.74% |
| Dec 31, 2024 | 31.88% |
| Sep 30, 2024 | 27.79% |
| Jun 30, 2024 | 28.82% |
| Mar 31, 2024 | 35.16% |
| Dec 31, 2023 | 32.51% |
| Sep 30, 2023 | 28.84% |
| Jun 30, 2023 | 25.41% |
| Mar 31, 2023 | 41.07% |
| Dec 31, 2022 | 39.03% |
| Sep 30, 2022 | 34.74% |
| Jun 30, 2022 | 34.07% |
| Mar 31, 2022 | 38.05% |
| Dec 31, 2021 | 39.57% |
| Sep 30, 2021 | 39.75% |
| Jun 30, 2021 | 35.38% |