Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.
Revenue of Ormat Technologies, Inc. (ORA)
Revenue in 2023 (TTM): $829.42 M
According to Ormat Technologies, Inc.'s latest financial reports the company's current revenue (TTM) is $829.42 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Ormat Technologies, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $829.42 M | $264.02 M | $468.93 M | $139.09 M | $124.4 M |
| 2022 | $734.16 M | $268.82 M | $387.4 M | $95.61 M | $65.84 M |
| 2021 | $663.08 M | $264.34 M | $364.89 M | $103.55 M | $62.09 M |
| 2020 | $705.34 M | $276.28 M | $397.8 M | $168.72 M | $85.46 M |
| 2019 | $746.04 M | $269.32 M | $193.8 M | $137.3 M | $88.1 M |
| 2018 | $719.27 M | $270.44 M | $336.18 M | $137.18 M | $97.97 M |
| 2017 | $692.81 M | $268.45 M | $332.45 M | $170.73 M | $170.73 M |
| 2016 | $662.59 M | $270.8 M | $306.65 M | $141.09 M | $93.93 M |
| 2015 | $594.64 M | $218.28 M | $272.47 M | $113.6 M | $119.57 M |
| 2014 | $559.52 M | $203.75 M | $143.49 M | $85.84 M | $54.18 M |
| 2013 | $533.24 M | $159.82 M | $217.84 M | $51.14 M | $41.24 M |
| 2012 | $514.41 M | $134.43 M | $-43,634,000 | $-206,994,000 | $-207,067,000 |
| 2011 | $437.01 M | $116.9 M | $174.22 M | $6.77 M | $-43,056,000 |
| 2010 | $373.23 M | $77.63 M | $159.27 M | $30.78 M | $37.32 M |
| 2009 | $415.24 M | $122.64 M | $71.78 M | $83.34 M | $68.85 M |
| 2008 | $344.83 M | $102.03 M | $122.07 M | $44.9 M | $49.83 M |
| 2007 | $295.92 M | $79.19 M | $99.14 M | $20.57 M | $27.38 M |
| 2006 | $268.94 M | $93.37 M | $112.89 M | $37.52 M | $34.45 M |
| 2005 | $237.99 M | $89.14 M | $87.7 M | $12.97 M | $15.18 M |
| 2004 | $219.23 M | $83.15 M | $100.83 M | $20.94 M | $17.79 M |
| 2003 | $119.44 M | $43.22 M | $41.96 M | $18.17 M | $15.45 M |
| 2002 | $85.63 M | $34.85 M | $35.03 M | $14.65 M | $-1,044,000 |
| 2001 | $47.92 M | $17.93 M | $16.2 M | $1.98 M | $-6,413,000 |