Ormat Technologies (ORA) Research & Development (2009 - 2025)
Ormat Technologies' quarterly Research & Development came in at $1.0 million in Q4 2025, down 25.31% year-on-year from $1.4 million in Q4 2024, and down 19.08% quarter-over-quarter from $1.3 million in Q3 2025.
Ormat Technologies has reported Research & Development for 17 years, with the latest figure at $1.0 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 25.31% year-over-year to $1.0 million; the trailing twelve-month figure through Dec 2025 stood at $6.3 million (down 3.03% YoY), and the FY2025 full-year result was $6.3 million, down 3.03% from the prior year.
- Research & Development for Q4 2025 stood at $1.0 million, down from $1.3 million in the prior quarter.
- The five-year high for Research & Development was $2.5 million in Q1 2025, with the low at $876000.0 in Q1 2021.
- Average Research & Development over 5 years is $1.5 million, with a median of $1.4 million recorded in 2022.
- Year-over-year, Research & Development sank 45.89% in 2021 and jumped 76.66% in 2023.
- Tracing ORA's Research & Development over 5 years: stood at $950000.0 in 2021, then surged by 46.11% to $1.4 million in 2022, then jumped by 76.66% to $2.5 million in 2023, then slumped by 43.27% to $1.4 million in 2024, then slipped by 25.31% to $1.0 million in 2025.
- The last three Research & Development figures came in at $1.0 million (Q4 2025), $1.3 million (Q3 2025), and $1.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | - |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | -3.82 Mn |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 1.04 Mn |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | 21.07 Mn |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | - |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | - |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 2.59 Mn |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | - |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | - |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.13 Mn |
| Mar 31, 2021 | 876,000.00 |
| Dec 31, 2020 | 1.11 Mn |
| Sep 30, 2020 | 1.49 Mn |
| Jun 30, 2020 | 1.17 Mn |
| Mar 31, 2020 | 1.62 Mn |
| Dec 31, 2019 | 1.88 Mn |
| Sep 30, 2019 | 1.06 Mn |
| Jun 30, 2019 | 810,000.00 |
| Mar 31, 2019 | 900,000.00 |
| Dec 31, 2018 | 1.12 Mn |
| Sep 30, 2018 | 706,000.00 |
| Jun 30, 2018 | 1.25 Mn |
| Mar 31, 2018 | 1.11 Mn |
| Dec 31, 2017 | 789,000.00 |
| Sep 30, 2017 | 716,000.00 |
| Jun 30, 2017 | 1.05 Mn |
| Mar 31, 2017 | 602,000.00 |
| Dec 31, 2016 | 732,000.00 |
| Sep 30, 2016 | 1.09 Mn |
| Jun 30, 2016 | 595,000.00 |
| Mar 31, 2016 | 349,000.00 |
| Dec 31, 2015 | 668,000.00 |
| Sep 30, 2015 | 335,000.00 |
| Jun 30, 2015 | 414,000.00 |
| Mar 31, 2015 | 363,000.00 |
| Dec 31, 2014 | 388,000.00 |
| Sep 30, 2014 | 250,000.00 |
| Jun 30, 2014 | 232,000.00 |
| Mar 31, 2014 | -87,000.00 |
| Dec 31, 2013 | 1.52 Mn |
| Sep 30, 2013 | 838,000.00 |
| Jun 30, 2013 | 1.61 Mn |
| Mar 31, 2013 | 1.00 Mn |
| Dec 31, 2012 | 2.16 Mn |
| Sep 30, 2012 | 1.44 Mn |
| Jun 30, 2012 | 1.46 Mn |
| Mar 31, 2012 | 1.05 Mn |
| Dec 31, 2011 | 1.67 Mn |
| Sep 30, 2011 | 2.35 Mn |
| Jun 30, 2011 | 2.58 Mn |
| Mar 31, 2011 | 2.21 Mn |
| Dec 31, 2010 | 1.99 Mn |
| Sep 30, 2010 | 1.25 Mn |
| Jun 30, 2010 | 3.61 Mn |
| Mar 31, 2010 | 3.27 Mn |
| Dec 31, 2009 | 3.35 Mn |
| Sep 30, 2009 | 3.86 Mn |
| Jun 30, 2009 | 2.49 Mn |