Every 8-K that Ormat Tech (ORA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ORA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ORA filings page.
Ormat Technologies reported solid results for the quarter and six months ended June 30, 2026, with continued progress on its diversified growth strategy. Q2 2026 total revenues were $258.8 million, up 10.6% year over year, and gross profit rose to $68.7 million, a 20.8% increase. For the first half, revenues reached $662.7 million, up 42.9%, and gross profit was $189.1 million, up 45.6%.
Segment performance was mixed but growth-oriented: Electricity revenues grew to $169.3 million in Q2, Energy Storage revenues surged to $42.8 million (up 195.1%), while Product revenues declined to $46.7 million (down 21.6%). Q2 operating income was $34.2 million, and net income attributable to stockholders was $27.1 million, with diluted EPS of $0.43. Adjusted net income was $31.0 million and Adjusted EBITDA $143.9 million, both higher than a year earlier.
Management highlighted expansion of the generation portfolio by 155 MW since the start of 2026 and a robust project pipeline, including 202 MW of electricity generation and 497 MW / 1,888 MWh of energy storage under construction and development, as well as meaningful progress in Enhanced Geothermal Systems (EGS) pilots. Full-year 2026 revenue and Adjusted EBITDA guidance were raised. The board declared a quarterly dividend of $0.12 per share, payable September 2, 2026, to shareholders of record on August 19, 2026.
Ormat Technologies, Inc. reported results from its 2026 annual meeting of stockholders. Stockholders elected eight directors to serve until the 2027 annual meeting, with each nominee receiving more votes for than against; for example, Byron G. Wong received 49,896,718 votes for and 255,572 against.
Stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 47,012,094 votes for and 3,103,710 against, plus 55,778 abstentions and 1,206,958 broker non-votes. In addition, they ratified the appointment of Kesselman & Kesselman as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 51,202,458 votes for, 92,147 against, and 83,935 abstentions.
Ormat Technologies reported strong first-quarter 2026 results with total revenues of $403.9 million, up 75.8% from Q1 2025. Product revenues rose sharply to $177.4 million, and energy storage revenues reached $44.9 million, reflecting rapid growth beyond its core electricity segment.
Operating income increased to $80.3 million, up 57.6% year over year, while net income attributable to stockholders grew to $44.1 million. Adjusted EBITDA climbed to $194.9 million and adjusted diluted EPS almost doubled to $1.30, driven by strong performance in Energy Storage and Product.
The company highlighted a $1 billion convertible notes offering, new PPAs totaling about 270 MW, continued investment in next‑generation geothermal and Enhanced Geothermal Systems, and reiterated its full‑year 2026 guidance. The board declared a quarterly dividend of $0.12 per share, payable June 3, 2026.
Ormat Technologies completed a private offering of $1 billion of convertible senior notes due 2031, split between $825 million of 1.50% Series A Notes and $175 million of 0.00% Series B Notes, including full exercise of purchasers’ options. Both series are senior unsecured and convertible into cash and, at Ormat’s election, cash, common stock, or both, at an initial conversion rate of 7.1225 shares per $1,000 (conversion price about $140.40 per share).
Ormat estimates net proceeds of approximately $975.7 million. It used about $287.9 million of proceeds, plus $25 million cash on hand and roughly 0.6 million shares, to repurchase approximately $285.9 million principal of its 2.50% convertible notes due 2027, leaving about $190.6 million outstanding. The company is also using about $25 million to repurchase common stock at $108.00 per share, with remaining proceeds earmarked for general corporate purposes.
Ormat Technologies reported higher sales but mostly flat profits for 2025. Total revenues reached $989.6 million, up 12.5% from 2024, driven by strong growth in Product and Energy Storage, while Electricity revenue dipped slightly.
Full-year gross profit was $272.7 million, essentially unchanged, and operating income was $169.2 million versus $172.5 million. Net income attributable to stockholders was $123.9 million, with diluted EPS of $2.02, similar to $2.04 a year earlier. Adjusted EBITDA rose 5.7% to $582.0 million, and Adjusted diluted EPS increased to $2.24.
Energy Storage revenue more than doubled year-over-year to $79.0 million, with significantly higher margins. Ormat highlighted new long-term PPAs, including a 15-year agreement of up to 150 MW for Google’s data centers and a 20-year deal for approximately 13 MW with Switch. The company reaffirmed its goal of 2.6–2.8 GW generating capacity by the end of 2028.
The board declared a quarterly dividend of $0.12 per share, payable on March 24, 2026, to shareholders of record on March 10, 2026, and currently expects to pay the same amount in each of the next three quarters.
Ormat Technologies signed a long-term geothermal power purchase agreement with NV Energy to supply up to 150MW of new geothermal capacity to support Google’s Nevada data center operations. The portfolio-style contract will cover multiple geothermal projects expected to start coming online between 2028 and 2030.
The 15-year contract term begins when the first project reaches commercial operations and extends 15 years beyond the final project’s start, providing long-duration revenue visibility once active. The agreement relies on NV Energy’s Clean Transition Tariff and is subject to approval by the Public Utilities Commission of Nevada, anticipated in the second half of 2026.
Ormat highlights this portfolio PPA as a key part of its growth strategy beyond 2028, supporting expanded geothermal exploration and development. The company currently has 1,695MW of total generating capacity, including 1,310MW of geothermal and solar and 385MW of energy storage assets spread across several global regions.
Ormat Technologies, Inc. reported earnings for its third fiscal quarter ended September 30, 2025. The company furnished a press release with detailed results as Exhibit 99.1, which is incorporated by reference.
The disclosure references non-GAAP financial measures, with reconciliations to comparable GAAP metrics provided in the press release. The information in Item 2.02 and Exhibit 99.1 is furnished, not filed, under the Exchange Act.