Ormat (ORA) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Ormat Revenue Highlights

Latest Revenue (Y)

$879.65M

Latest Revenue (Q)

$234.02M

Main Segment (Y)

Electricity

Main Geography (Y)

UNITED STATES

Ormat Revenue by Period

Ormat Revenue by Year

Date	Revenue	Change
2024-12-31	$879.65M	6.06%
2023-12-31	$829.42M	12.98%
2022-12-31	$734.16M	10.72%
2021-12-31	$663.08M	-5.99%
2020-12-31	$705.34M	-5.46%
2019-12-31	$746.04M	3.72%
2018-12-31	$719.27M	3.82%
2017-12-31	$692.81M	4.56%
2016-12-31	$662.59M	11.43%
2015-12-31	$594.64M	6.28%
2014-12-31	$559.52M	4.93%
2013-12-31	$533.24M	3.66%
2012-12-31	$514.41M	17.71%
2011-12-31	$437.01M	17.09%
2010-12-31	$373.23M	-10.12%
2009-12-31	$415.24M	20.42%
2008-12-31	$344.83M	16.53%
2007-12-31	$295.92M	10.03%
2006-12-31	$268.94M	13.00%
2005-12-31	$237.99M	8.56%
2004-12-31	$219.23M	83.55%
2003-12-31	$119.44M	39.49%
2002-12-31	$85.63M	78.71%
2001-12-31	$47.91M	-

Ormat generated $879.65M in revenue during NA 2024, up 6.06% compared to the previous quarter, and up 117.91% compared to the same period a year ago.

Ormat Revenue by Quarter

Date	Revenue	Change
2025-06-30	$234.02M	1.85%
2025-03-31	$229.76M	-0.42%
2024-12-31	$230.74M	8.95%
2024-09-30	$211.78M	-0.55%
2024-06-30	$212.96M	-5.00%
2024-03-31	$224.17M	-7.12%
2023-12-31	$241.34M	16.00%
2023-09-30	$208.06M	6.81%
2023-06-30	$194.80M	5.16%
2023-03-31	$185.23M	-9.86%
2022-12-31	$205.49M	16.83%
2022-09-30	$175.88M	4.03%
2022-06-30	$169.08M	-7.96%
2022-03-31	$183.71M	-3.81%
2021-12-31	$190.99M	20.24%
2021-09-30	$158.84M	8.13%
2021-06-30	$146.90M	-11.69%
2021-03-31	$166.35M	-7.26%
2020-12-31	$179.38M	12.86%
2020-09-30	$158.95M	-9.12%
2020-06-30	$174.90M	-8.96%
2020-03-31	$192.11M	-0.17%
2019-12-31	$192.44M	12.87%
2019-09-30	$170.50M	-7.37%
2019-06-30	$184.06M	-7.52%
2019-03-31	$199.04M	4.50%
2018-12-31	$190.47M	14.41%
2018-09-30	$166.48M	-6.63%
2018-06-30	$178.30M	-3.11%
2018-03-31	$184.02M	10.61%
2017-12-31	$166.37M	5.84%
2017-09-30	$157.19M	-12.37%
2017-06-30	$179.36M	-5.55%
2017-03-31	$189.90M	14.04%
2016-12-31	$166.52M	-9.80%
2016-09-30	$184.62M	15.49%
2016-06-30	$159.86M	5.45%
2016-03-31	$151.59M	-11.39%
2015-12-31	$171.07M	5.05%
2015-09-30	$162.85M	15.92%
2015-06-30	$140.49M	16.85%
2015-03-31	$120.23M	-19.44%
2014-12-31	$149.24M	6.42%
2014-09-30	$140.24M	9.90%
2014-06-30	$127.60M	-10.41%
2014-03-31	$142.44M	8.81%
2013-12-31	$130.91M	0.12%
2013-09-30	$130.75M	-14.36%
2013-06-30	$152.68M	25.44%
2013-03-31	$121.71M	4.85%
2012-12-31	$116.08M	-14.73%
2012-09-30	$136.14M	4.85%
2012-06-30	$129.84M	-1.90%
2012-03-31	$132.35M	6.96%
2011-12-31	$123.73M	11.63%
2011-09-30	$110.84M	5.95%
2011-06-30	$104.61M	6.95%
2011-03-31	$97.82M	5.37%
2010-12-31	$92.83M	-8.52%
2010-09-30	$101.48M	5.41%
2010-06-30	$96.27M	16.47%
2010-03-31	$82.65M	-13.26%
2009-12-31	$95.29M	-20.48%
2009-09-30	$119.83M	19.55%
2009-06-30	$100.23M	0.35%
2009-03-31	$99.89M	4.60%
2008-12-31	$95.50M	-4.24%
2008-09-30	$99.73M	24.31%
2008-06-30	$80.22M	15.61%
2008-03-31	$69.39M	-1.79%
2007-12-31	$70.65M	-

Ormat generated $234.02M in revenue during Q2 2025, up 1.85% compared to the previous quarter, and up 104.39% compared to the same period a year ago.

Ormat Revenue Breakdown

Ormat Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Product	$139.66M	$133.76M	$46.92M	$148.13M	-
Electricity	$702.26M	$666.77M	-	-	-
Energy Storage and Management Services	-	$28.89M	$31.02M	$30.39M	$15.82M

Ormat's latest annual revenue breakdown by segment (product or service), as of Dec 24: Electricity (83.41%), and Product (16.59%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Electricity	$159.91M	$180.24M	$346.37M	$164.64M	$191.25M	$183.92M	$157.21M	$155.32M	$170.31M	$165.19M	$152.82M	$151.19M	$162.53M	$164.27M	$142.65M	$133.86M	$144.99M	$146.19M	$123.66M	$128.69M
Product	$261.90M	$314.00M	-	$162.60M	$24.83M	$60.47M	$39.83M	$33.46M	$32.18M	$45.70M	$20.34M	$66.60M	$58.60M	$37.10M	$27.39M	$49.50M	$63.50M	-	-	-
Energy Storage and Management Services	-	-	-	-	$8.08M	$6.99M	$11.01M	$6.01M	$4.88M	$8.12M	$8.85M	$7.49M	$6.56M	$6.38M	$5.66M	$5.63M	$12.72M	$5.80M	$5.66M	$2.51M

Ormat's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Product (62.09%), and Electricity (37.91%).

Ormat Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
HONDURAS	$30.30M	$31.59M	$33.84M	$35.23M	$35.20M
INDONESIA	$7.62M	$26.73M	$15.63M	$8.06M	-
Other Foreign Countries	$59.69M	$52.89M	$46.30M	$33.45M	$31.32M
NEW ZEALAND	$78.67M	$66.53M	$17.13M	$6.77M	$34.98M
KENYA	$114.07M	$109.22M	$105.84M	$102.84M	$115.47M
UNITED STATES	$557.34M	-	-	-	-
GUATEMALA	$28.95M	$30.17M	$28.83M	$26.87M	$27.39M
CHILE	-	-	$579.00K	$7.04M	$32.42M
TURKEY	-	-	$1.96M	$2.72M	$65.53M

Ormat's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (63.58%), KENYA (13.01%), NEW ZEALAND (8.97%), Other Foreign Countries (6.81%), HONDURAS (3.46%), GUATEMALA (3.30%), and INDONESIA (0.87%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Sep 23	Jun 23	Sep 19
UNITED STATES	$129.43M	$155.20M	$427.44M	$129.91M	$121.87M	$114.48M	$80.22M	-
Non-US	$104.58M	$74.56M	$81.88M	$71.39M	$86.18M	$80.32M	-	-
Foreign Countries	-	-	-	-	-	-	-	$90.28M

Ormat's latest quarterly revenue breakdown by geography, as of Jun 25: UNITED STATES (55.31%), and Non-US (44.69%).

Ormat Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CMS	CMS Energy	$7.51B	$1.84B
UGI	UGI	$7.21B	$1.39B
BEP	Brookfield Renewable Partners	$5.13B	$1.45B
BEPC	Brookfield Renewable	$3.97B	$1.13B
ELPC	Companhia Paranaense de Energia	$3.66B	$973.25M
TXNM	TXNM Energy	$1.94B	$482.79M
CWEN	Clearway Energy	$1.37B	$392.00M
ORA	Ormat	$879.65M	$234.02M

ORA Revenue FAQ

What is Ormat’s yearly revenue?

Ormat's yearly revenue for 2024 was $879.65M, representing an increase of 6.06% compared to 2023. The company's yearly revenue for 2023 was $829.42M, representing an increase of 12.98% compared to 2022. ORA's yearly revenue for 2022 was $734.16M, representing an increase of 10.72% compared to 2021.

What is Ormat’s quarterly revenue?

Ormat's quarterly revenue for Q2 2025 was $234.02M, a 1.85% increase from the previous quarter (Q1 2025), and a 9.89% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $229.76M, a -0.42% decrease from the previous quarter (Q4 2024), and a 2.50% increase year-over-year (Q1 2024). ORA's quarterly revenue for Q4 2024 was $230.74M, a 8.95% increase from the previous quarter (Q3 2024), and a -4.39% decrease year-over-year (Q4 2023).

What is Ormat’s revenue growth rate?

Ormat's revenue growth rate for the last 3 years (2022-2024) was 19.82%, and for the last 5 years (2020-2024) was 24.71%.

What are Ormat’s revenue streams?

Ormat's revenue streams in c 24 are Product, and Electricity. Product generated $139.66M in revenue, accounting 16.59% of the company's total revenue, up 4.41% year-over-year. Electricity generated $702.26M in revenue, accounting 83.41% of the company's total revenue, up 5.32% year-over-year.

What is Ormat’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Ormat was Electricity. This segment made a revenue of $702.26M, representing 83.41% of the company's total revenue.