Ormat Technologies (ORA) Gross Margin (2009 - 2025)
Ormat Technologies' quarterly Gross Margin came in at 28.56% in Q4 2025, down 332.0% year-on-year from 12.31% in Q4 2024, and up 11.36% quarter-over-quarter from 25.64% in Q3 2025.
Ormat Technologies has reported Gross Margin for 17 years, with the latest figure at 28.56% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 332.0% year-over-year to 28.56%; the trailing twelve-month figure through Dec 2025 stood at 27.56% (down 343.0% YoY), and the FY2025 full-year result 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.
- Average Gross Margin over 5 years is 33.33%, with a median of 33.29% recorded in 2023.
- Year-over-year, Gross Margin jumped 576 bps in 2021 and tumbled 866 bps in 2023.
- Tracing ORA's Gross Margin over 5 years: stood at 39.57% in 2021, then fell by 1 bps to 39.03% in 2022, then decreased by 17 bps to 32.51% in 2023, then declined by 2 bps to 31.88% in 2024, then declined by 10 bps to 28.56% in 2025.
- The last three Gross Margin figures came in at 28.56% (Q4 2025), 25.64% (Q3 2025), and 24.31% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | 59.62% |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 68.96% |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 28.56% |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | 10.03% |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 62.15% |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 51.27% |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 21.88% |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 12.89% |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 79.35% |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | 8.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 44.27% |
| Dec 31, 2020 | 41.83% |
| Sep 30, 2020 | 33.99% |
| Jun 30, 2020 | 37.38% |
| Mar 31, 2020 | 42.59% |
| Dec 31, 2019 | 38.71% |
| Sep 30, 2019 | 32.55% |
| Jun 30, 2019 | 35.39% |
| Mar 31, 2019 | 37.27% |
| Dec 31, 2018 | 47.68% |
| Sep 30, 2018 | 29.31% |
| Jun 30, 2018 | 32.23% |
| Mar 31, 2018 | 39.87% |
| Dec 31, 2017 | 38.68% |
| Sep 30, 2017 | 37.66% |
| Jun 30, 2017 | 39.30% |
| Mar 31, 2017 | 39.18% |
| Dec 31, 2016 | 40.02% |
| Sep 30, 2016 | 40.35% |
| Jun 30, 2016 | 41.16% |
| Mar 31, 2016 | 42.13% |
| Dec 31, 2015 | 87.53% |
| Sep 30, 2015 | 90.44% |
| Jun 30, 2015 | 36.15% |
| Mar 31, 2015 | 36.62% |
| Dec 31, 2014 | 98.04% |
| Sep 30, 2014 | 39.56% |
| Jun 30, 2014 | 31.31% |
| Mar 31, 2014 | 112.26% |
| Dec 31, 2013 | 92.94% |
| Sep 30, 2013 | 30.41% |
| Jun 30, 2013 | 77.55% |
| Mar 31, 2013 | 22.52% |
| Dec 31, 2012 | 58.82% |
| Sep 30, 2012 | 22.86% |
| Jun 30, 2012 | 85.50% |
| Mar 31, 2012 | 79.42% |
| Dec 31, 2011 | 71.47% |
| Sep 30, 2011 | 32.27% |
| Jun 30, 2011 | 141.53% |
| Mar 31, 2011 | 76.68% |
| Dec 31, 2010 | 19.49% |
| Sep 30, 2010 | 24.82% |
| Jun 30, 2010 | 67.93% |
| Mar 31, 2010 | 94.83% |
| Dec 31, 2009 | 23.76% |
| Sep 30, 2009 | 32.90% |
| Jun 30, 2009 | 69.41% |