Ormat Technologies (ORA) Operating Expenses (2009 - 2025)
Ormat Technologies' quarterly Operating Expenses came in at $22.8 million in Q4 2025, up 8.52% year-on-year from $21.0 million in Q4 2024, and up 6.08% quarter-over-quarter from $21.5 million in Q3 2025.
Ormat Technologies has reported Operating Expenses for 17 years, with the latest figure at $22.8 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 8.52% year-over-year to $22.8 million; the trailing twelve-month figure through Dec 2025 stood at $85.9 million (down 0.84% YoY), and the FY2025 full-year result was $85.9 million, down 0.84% from the prior year.
- Operating Expenses for Q4 2025 stood at $22.8 million, up from $21.5 million in the prior quarter.
- The five-year high for Operating Expenses was $24.8 million in Q3 2024, with the low at $14.9 million in Q2 2022.
- Average Operating Expenses over 5 years is $19.7 million, with a median of $19.8 million recorded in 2023.
- Year-over-year, Operating Expenses slumped 30.06% in 2022 and surged 60.59% in 2024.
- Tracing ORA's Operating Expenses over 5 years: stood at $16.5 million in 2021, then dropped by 5.74% to $15.5 million in 2022, then soared by 36.11% to $21.1 million in 2023, then slipped by 0.63% to $21.0 million in 2024, then gained by 8.52% to $22.8 million in 2025.
- The last three Operating Expenses figures came in at $22.8 million (Q4 2025), $21.5 million (Q3 2025), and $21.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | -424.56 Mn |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | -101.11 Mn |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 22.76 Mn |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | 58.30 Mn |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 334.00 Mn |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 292.00 Mn |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 28.99 Mn |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | -5,926.00 |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 408.00 Mn |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | 11.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.76 Mn |
| Sep 30, 2025 | 21.46 Mn |
| Jun 30, 2025 | 21.23 Mn |
| Mar 31, 2025 | 20.45 Mn |
| Dec 31, 2024 | 20.97 Mn |
| Sep 30, 2024 | 24.79 Mn |
| Jun 30, 2024 | 19.76 Mn |
| Mar 31, 2024 | 21.10 Mn |
| Dec 31, 2023 | 21.11 Mn |
| Sep 30, 2023 | 15.44 Mn |
| Jun 30, 2023 | 19.90 Mn |
| Mar 31, 2023 | 18.96 Mn |
| Dec 31, 2022 | 15.51 Mn |
| Sep 30, 2022 | 17.30 Mn |
| Jun 30, 2022 | 14.91 Mn |
| Mar 31, 2022 | 18.64 Mn |
| Dec 31, 2021 | 16.45 Mn |
| Sep 30, 2021 | 24.73 Mn |
| Jun 30, 2021 | 19.37 Mn |
| Mar 31, 2021 | 19.48 Mn |
| Dec 31, 2020 | 18.19 Mn |
| Sep 30, 2020 | 16.03 Mn |
| Jun 30, 2020 | 13.04 Mn |
| Mar 31, 2020 | 18.36 Mn |
| Dec 31, 2019 | 15.91 Mn |
| Sep 30, 2019 | 12.99 Mn |
| Jun 30, 2019 | 14.99 Mn |
| Mar 31, 2019 | 16.59 Mn |
| Dec 31, 2018 | 5.55 Mn |
| Sep 30, 2018 | 14.31 Mn |
| Jun 30, 2018 | 17.12 Mn |
| Mar 31, 2018 | 14.96 Mn |
| Dec 31, 2017 | 10.64 Mn |
| Sep 30, 2017 | 11.59 Mn |
| Jun 30, 2017 | 13.25 Mn |
| Mar 31, 2017 | 10.55 Mn |
| Dec 31, 2016 | 10.82 Mn |
| Sep 30, 2016 | 20.18 Mn |
| Jun 30, 2016 | 9.38 Mn |
| Mar 31, 2016 | 9.10 Mn |
| Dec 31, 2015 | 9.85 Mn |
| Sep 30, 2015 | 8.29 Mn |
| Jun 30, 2015 | 7.86 Mn |
| Mar 31, 2015 | 10.57 Mn |
| Dec 31, 2014 | 8.16 Mn |
| Sep 30, 2014 | 7.43 Mn |
| Jun 30, 2014 | 6.30 Mn |
| Mar 31, 2014 | 7.51 Mn |
| Dec 31, 2013 | 10.44 Mn |
| Sep 30, 2013 | 7.38 Mn |
| Jun 30, 2013 | 8.74 Mn |
| Mar 31, 2013 | 7.58 Mn |
| Dec 31, 2012 | 10.06 Mn |
| Sep 30, 2012 | 7.57 Mn |
| Jun 30, 2012 | 8.22 Mn |
| Mar 31, 2012 | 8.36 Mn |
| Dec 31, 2011 | 8.80 Mn |
| Sep 30, 2011 | 8.62 Mn |
| Jun 30, 2011 | 10.05 Mn |
| Mar 31, 2011 | 9.21 Mn |
| Dec 31, 2010 | 9.63 Mn |
| Sep 30, 2010 | 7.03 Mn |
| Jun 30, 2010 | 10.61 Mn |
| Mar 31, 2010 | 10.29 Mn |
| Dec 31, 2009 | 10.21 Mn |
| Sep 30, 2009 | 10.30 Mn |
| Jun 30, 2009 | 8.07 Mn |