ORA at a glance
ORMAT TECHNOLOGIES, INC. (ORA, SEC CIK 1296445) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 5, 2026 and Form 4 insider filings as recently as July 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), ORMAT TECHNOLOGIES, INC. (ORA) reported revenue of $989.5 million (up 12.5% from FY2024) and net income of $123.9 million. Diluted EPS was $2.02.
- As of June 30, 2026, 32 institutional investment managers tracked by SignalX reported holding ORMAT TECHNOLOGIES, INC. (ORA) shares worth $2.6 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Willis Aron John on July 1, 2026 of 451 shares at $106.64 per share.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $989.5M
- +12.5% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 32 funds
- $2.6B · −1 vs prior quarter
- Latest 8-K
- Aug 5, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Development, construction, and operation of geothermal, recovered energy-based, solar PV, and energy storage power plants globally
- Emphasis this year on new energy storage projects alongside traditional geothermal and solar PV facilities
- Strategic risk highlighted: increased dependence on government incentives subject to change, potentially impacting competitive positioning vs wind and solar developers
- Indebtedness $2.66B as of Dec 31, 2025, including $431.3M convertible senior notes issued in 2022, affecting financial flexibility and growth strategy
- Noteworthy risk: potential loss of insurance claim post-2018 Kilauea volcano eruption and challenges securing future natural disaster coverage
Risk Factors
- Regulatory risk: Hawaii PUC approved 2024 PPA with fixed prices and extension to 2052 for 25 MW Puna Complex, replacing variable price PPA linked to oil prices
- Macroeconomic threat: U.S. inflation rise may increase expenses, reduce margins; 40% total revenues from foreign markets including Kenya, Honduras, Guatemala
- Operational risk: Product segment revenues highly volatile due to dependence on customer orders, financing contingencies, and raw material delivery timing
- Market disruption: Energy storage revenues exposed to volatility in merchant markets PJM, ISO New England, ERCOT, CAISO; shifting toward long-term tolling agreements to mitigate
- Financial risk: Royalty payments approx. 4.5% of Electricity segment revenues in 2025, creating cost sensitivity to revenue fluctuations
Management Discussion & Analysis
- Revenue details not explicitly provided; net income $127.0M in 2025 vs $131.2M in 2024 vs $133.1M in 2023, showing slight decline
- Adjusted EBITDA $582.0M in 2025, up 5.7% YoY from $550.5M in 2024; EBITDA $545.1M in 2025 vs $517.9M in 2024, margin data not disclosed
- Best segment performance reflected in increase of EBITDA primarily from unconsolidated investments (Sarulla and Ijen), specifics by segment not numerically detailed
- No explicit cash flow figures; noted use of $100M short-term commercial paper, long-term debt principal payments $2.66B with $613.7M interest due over multiple years; no dividend or buyback info provided
- Outlook notes market risks including electricity price volatility limited by PPAs, currency exchange exposure, inflation impact partially offset by contract pricing, interest rates normalized after sharp increases
AI summary of the ORA 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- No material risk-factor changes during the quarter, except disclosures in “General, Trends and Uncertainties”
- Carried-forward regulatory and compliance risks remained unchanged from the 2025 Form 10-K
- Carried-forward operational and competitive risks remained unchanged from the 2025 Form 10-K
- Carried-forward liquidity, debt, currency, and concentration risks remained unchanged from the 2025 Form 10-K
AI summary of the ORA 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 fiscal 2026 financial results released for quarter ended June 30, 2026
- Press release dated August 5, 2026 contains the financial information
Item EX-99.1: Item EX-99.1
- Q2 revenue rose 10.6% to $258.8 million, while gross profit increased 20.8% to $68.7 million
- Energy Storage revenue nearly tripled to $42.8 million, with gross margin expanding to 56.2% from 11.9%
Item 5.07: Submission of Matters to a Vote of Security Holders
- All eight director nominees elected, with terms extending to the 2027 annual meeting
- Director support strongest for Ravit Barniv and Byron G. Wong, exceeding 49.8 million votes each
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 references a press release containing fiscal-year 2026 results and non-GAAP measures
- Investors should use the attached reconciliation to assess adjusted figures against GAAP results
AI summaries of ORA 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for ORA
Don't miss the next ORA filing
- Alerts as it files. A push when ORA files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut ORA, by share count.
- Ask anything. An AI agent that reads every ORA filing and answers with sources.
ORA alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Willis Aron John | Sell | Jul 1, 2026 | 451 | $106.64 |
| Willis Aron John | M | Jun 30, 2026 | 1,812 | - |
| Willis Aron John | M | Jun 30, 2026 | 1,812 | - |
| Marom Michal | A | Jun 2, 2026 | 899 | - |
| Angel Isaac | A | Jun 2, 2026 | 1,245 | - |
| Wong Byron G. | A | Jun 2, 2026 | 899 | - |
| Corfee Karin | A | Jun 2, 2026 | 899 | - |
| STERN STANLEY | A | Jun 2, 2026 | 899 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $879.7M | $989.5M |
| Gross Profit | - | $272.6M | $272.7M |
| Operating Income | - | $172.5M | $169.2M |
| Net Income | - | $123.7M | $123.9M |
| Gross Margin | - | 31.0% | 27.6% |
| Op. Margin | - | 19.6% | 17.1% |
| Net Margin | - | 14.1% | 12.5% |
| Balance Sheet | |||
| Total Assets | $5.2B | $5.7B | $6.2B |
| Equity | $2.3B | $2.4B | $2.5B |
| ROE | - | 5.1% | 4.9% |
| Per Share | |||
| EPS | - | $2.04 | $2.02 |
| Cash Flow | |||
| Operating CF | - | $410.9M | $335.1M |
| CapEx | - | $487.7M | $619.8M |
Source: XBRL data in ORMAT TECHNOLOGIES, INC. (ORA)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate ORA share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 32 | $2.62B |
| Q1 2026 | 33 | $2.72B |
| Q4 2025 | 30 | $2.69B |
| Q3 2025 | 29 | $2.40B |
| Q2 2025 | 27 | $1.98B |
| Q1 2025 | 25 | $996.1M |
| Q4 2024 | 21 | $851.9M |
| Q3 2024 | 17 | $425.9M |
- FMR LLC (Fidelity)+210.9K (+158%)
- Goldman Sachs Group+189.6K (+26%)
- Citadel Advisors LLC+126.2K (+185%)
- D.E. Shaw & Co+90.7K (+58%)
- Invesco Ltd+75.8K (+8%)
- BlackRock−1.33M (-14%)
- Morgan Stanley−41.2K (-9%)
- BNY Mellon−13.7K (-3%)
- Franklin Resources−6.0K (-58%)
- Fifth Third Bancorp−1.0K (-7%)
- Two Sigma Investments+11.9K
- Bridgewater Associates LP+3.7K
- Truist Financial+2.9K
- Millennium Management−73.8K
- Marex Group plc−2.7K
- Mangrove Partners−2.6K
- Blackstone Group−2.3K
Source: 13F-HR filings on SEC EDGAR (aggregated from 214 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
ORA filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| SC 13G | Sep 16, 2026 | - | - | |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| SC 13G | Jul 31, 2026 | - | - | |
| 4 | Jul 2, 2026 | - | - | - |
| 8-K | Jun 5, 2026 | - | Analysis | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - |
Related Utilities companies
- AQN · Algonquin Power & Utilities CorpElectric Services
- AEP · American Electric PowerElectric Services
- BKH · BLACK HILLS CORP /SD/Electric Services
- CNP · CenterPoint EnergyElectric Services
- CWEN · Clearway Energy IncElectric Services
- CEG · Constellation EnergyElectric Services
- D · Dominion EnergyElectric Services
- DTE · DTE EnergyElectric Services
ORA SEC filings: frequently asked questions
Which institutions hold ORA stock?
As of June 30, 2026, the largest ORMAT TECHNOLOGIES, INC. (ORA) holders among the 13F filers tracked by SignalX were BlackRock ($896.4 million), Vanguard Portfolio Management LLC ($333.3 million), Vanguard Capital Management LLC ($290.4 million), State Street Corp ($273.8 million), Dimensional Fund Advisors ($210.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was ORA's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), ORMAT TECHNOLOGIES, INC. (ORA) reported revenue of $989.5 million (up 12.5% from FY2024) and net income of $123.9 million. Diluted EPS was $2.02. The figures come from the XBRL data in the 10-K.
What are the main risks in ORA's latest 10-K?
In the 10-K filed February 26, 2026, ORMAT TECHNOLOGIES, INC. (ORA) flagged: Regulatory risk: Hawaii PUC approved 2024 PPA with fixed prices and extension to 2052 for 25 MW Puna Complex, replacing variable price PPA linked to oil prices. Macroeconomic threat: U.S. inflation rise may increase expenses, reduce margins; 40% total revenues from foreign markets including Kenya, Honduras, Guatemala. (AI summary of the Risk Factors section.)
What did ORA report in its latest 8-K?
ORMAT TECHNOLOGIES, INC. (ORA) filed an 8-K on August 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 fiscal 2026 financial results released for quarter ended June 30, 2026.
What are the latest ORA SEC filings?
ORMAT TECHNOLOGIES, INC. (ORA) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 5, 2026 and a Form 4 insider filing on July 2, 2026.
What is ORA's SEC CIK number?
ORMAT TECHNOLOGIES, INC. (ORA)'s SEC Central Index Key (CIK) is 1296445. EDGAR lists every ORA filing under that number.
Ask anything about ORA
The research agent reads ORA's filings, financials, insider trades and 13F holders, then answers with sources.