The table below shows ORMAT TECHNOLOGIES, INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$989.54M
$879.65M
$829.42M
$734.16M
$663.08M
$705.34M
Cost of revenue
$716.86M
$607.03M
$565.41M
$465.33M
$398.75M
$429.07M
Gross profit
$272.69M
$272.62M
$264.02M
$268.82M
$264.34M
$276.27M
R&D
$6.30M
$6.50M
$7.21M
$5.08M
$4.13M
$5.39M
ORA annual revenue (10-K history)
ORMAT TECHNOLOGIES, INC. reported annual revenue of $989.54M for fiscal year 2025. That is up 12.5% from $879.65M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $662.59M (FY 2016) to $989.54M. Figures come from the company's audited annual reports as filed with the SEC.