Ormat Technologies (ORA) Research & Development (2009 - 2026)
Ormat Technologies' Research & Development came in at $1.5 million for Q2 2026, up 4.3% from $1.44 million a year earlier and up 32.6% from the prior quarter.
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Analysis
Ormat Technologies (ORA) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ormat Technologies reported Research & Development of $4.96 million, down 31.1% year-over-year; for FY2025, it came in at $6.3 million, down 3.0% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- Going back by year, Research & Development was $6.5 million in FY2024 (-9.9%), $7.22 million in FY2023 (+42.1%), $5.08 million in FY2022 (+23.0%) and $4.13 million in FY2021 (-23.5%).
- The Q2 2026 figure represents the highest quarterly Research & Development since Q1 2025.
- Year-over-year, Research & Development increased in three of the last eight quarters, with an average decline of 9.1%.
- The fastest year-over-year change in Research & Development over five years came in Q4 2023 (growth of 76.7%), and the weakest in Q1 2026 (a decline of 55.5%).
- Business Quant data shows ORA's Research & Development at $1.13 million (Q1 2026), $1.04 million (Q4 2025) and $1.28 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 106.51 Bn | 97.41 Bn | - | - |
| 2 | Vistra | 54.68 Bn | 47.87 Bn | - | - |
| 3 | AXIA Energia | 33.19 Bn | 20.17 Bn | 2.59 Bn | - |
| 4 | Nrg Energy | 22.64 Bn | 16.86 Bn | 2.01 Bn | - |
| 5 | Talen Energy | 17.58 Bn | 15.14 Bn | - | - |
| 6 | Enlight Renewable Energy | 8.71 Bn | 5.26 Bn | 117.49 Mn | 4.69 Mn |
| 7 | Brookfield Renewable Partners | 8.01 Bn | -17.15 Bn | 927.00 Mn | - |
| 8 | Oklo | 5.62 Bn | -1.21 Bn | - | 39.47 Mn |
| 9 | Ormat Technologies | 5.60 Bn | 4.20 Bn | 68.70 Mn | 1.50 Mn |
| 10 | Transalta | 3.93 Bn | 2.83 Bn | 313.03 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50 Mn |
| Mar 31, 2026 | 1.13 Mn |
| Dec 31, 2025 | 1.04 Mn |
| Sep 30, 2025 | 1.28 Mn |
| Jun 30, 2025 | 1.44 Mn |
| Mar 31, 2025 | 2.54 Mn |
| Dec 31, 2024 | 1.39 Mn |
| Sep 30, 2024 | 1.82 Mn |
| Jun 30, 2024 | 1.73 Mn |
| Mar 31, 2024 | 1.56 Mn |
| Dec 31, 2023 | 2.45 Mn |
| Sep 30, 2023 | 1.39 Mn |
| Jun 30, 2023 | 2.08 Mn |
| Mar 31, 2023 | 1.29 Mn |
| Dec 31, 2022 | 1.39 Mn |
| Sep 30, 2022 | 1.24 Mn |
| Jun 30, 2022 | 1.39 Mn |
| Mar 31, 2022 | 1.06 Mn |
| Dec 31, 2021 | 950,000.00 |
| Sep 30, 2021 | 1.18 Mn |
API Access
Ormat Technologies Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ORA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ORA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ORA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();