Ormat Technologies Operating Expenses Growth & History (ORA)
Ormat Technologies's operating expenses was $103.5M for fiscal 2025.
View full Ormat Technologies company overviewOrmat Technologies annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $103.5M | $3.3M | +3.31% |
| 2024 | 2024-12-31 | $100.1M | $2.7M | +2.79% |
| 2023 | 2023-12-31 | $97.4M | −$18.6M | −16.02% |
| 2022 | 2022-12-31 | $116.0M | $21.0M | +22.15% |
| 2021 | 2021-12-31 | $95.0M | $32.7M | +52.55% |
| 2020 | 2020-12-31 | $62.3M | −$13.3M | −17.56% |
| 2019 | 2019-12-31 | $75.5M | −$9.8M | −11.48% |
| 2018 | 2018-12-31 | $85.3M | $21.9M | +34.51% |
| 2017 | 2017-12-31 | $63.4M | −$5.5M | −7.95% |
| 2016 | 2016-12-31 | $68.9M | $14.7M | +27.10% |
| 2015 | 2015-12-31 | $54.2M | −$6.0M | −10.03% |
| 2014 | 2014-12-31 | $60.3M | −$2.6M | −4.13% |
| 2013 | 2013-12-31 | $62.9M | −$226.0M | −78.24% |
| 2012 | 2012-12-31 | $288.9M | $236.7M | +453.25% |
| 2011 | 2011-12-31 | $52.2M | −$1.8M | −3.40% |
| 2010 | 2010-12-31 | $54.1M | $194,000 | +0.36% |
| 2009 | 2009-12-31 | $53.9M | $2.6M | +5.11% |
| 2008 | 2008-12-31 | $51.2M | — | — |
Ormat Technologies quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $34.5M | $12.9M | +59.89% |
| Q1 2026 | 2026-03-31 | $40.1M | $18.1M | +82.22% |
| Q4 2025 | 2025-12-31 | $36.3M | $11.8M | +48.16% |
| Q3 2025 | 2025-09-30 | $23.6M | $418,000 | +1.80% |
| Q2 2025 | 2025-06-30 | $21.6M | −$4.7M | −17.83% |
| Q1 2025 | 2025-03-31 | $22.0M | −$4.2M | −16.06% |
| Q4 2024 | 2024-12-31 | $24.5M | −$2.4M | −8.77% |
| Q3 2024 | 2024-09-30 | $23.2M | $751,000 | +3.35% |
| Q2 2024 | 2024-06-30 | $26.3M | $993,000 | +3.93% |
| Q1 2024 | 2024-03-31 | $26.2M | $3.3M | +14.51% |
| Q4 2023 | 2023-12-31 | $26.8M | −$23.2M | −46.33% |
| Q3 2023 | 2023-09-30 | $22.4M | $221,000 | +0.99% |
| Q2 2023 | 2023-06-30 | $25.3M | $6.3M | +33.02% |
| Q1 2023 | 2023-03-31 | $22.9M | −$1.9M | −7.75% |
| Q4 2022 | 2022-12-31 | $50.0M | $29.3M | +141.30% |
| Q3 2022 | 2022-09-30 | $22.2M | −$4.9M | −18.18% |
| Q2 2022 | 2022-06-30 | $19.0M | −$4.4M | −18.68% |
| Q1 2022 | 2022-03-31 | $24.8M | $1.1M | +4.50% |
| Q4 2021 | 2021-12-31 | $20.7M | −$1.1M | −5.18% |
| Q3 2021 | 2021-09-30 | $27.2M | $24.8M | +1058.36% |
| Q2 2021 | 2021-06-30 | $23.4M | $6.0M | +34.92% |
| Q1 2021 | 2021-03-31 | $23.8M | $3.0M | +14.44% |
| Q4 2020 | 2020-12-31 | $21.8M | $1.8M | +9.07% |
| Q3 2020 | 2020-09-30 | $2.3M | −$14.4M | −86.03% |
| Q2 2020 | 2020-06-30 | $17.3M | −$956,000 | −5.23% |
| Q1 2020 | 2020-03-31 | $20.8M | $307,000 | +1.50% |
| Q4 2019 | 2019-12-31 | $20.0M | −$2.8M | −12.25% |
| Q3 2019 | 2019-09-30 | $16.8M | −$6.1M | −26.71% |
| Q2 2019 | 2019-06-30 | $18.3M | −$2.6M | −12.30% |
| Q1 2019 | 2019-03-31 | $20.5M | $1.7M | +8.92% |
| Q4 2018 | 2018-12-31 | $22.8M | $6.9M | +43.06% |
| Q3 2018 | 2018-09-30 | $22.9M | $7.7M | +50.36% |
| Q2 2018 | 2018-06-30 | $20.8M | $3.5M | +20.11% |
| Q1 2018 | 2018-03-31 | $18.8M | $3.9M | +25.92% |
| Q4 2017 | 2017-12-31 | $16.0M | $548,000 | +3.56% |
| Q3 2017 | 2017-09-30 | $15.2M | −$11.0M | −42.04% |
| Q2 2017 | 2017-06-30 | $17.3M | $3.4M | +24.67% |
| Q1 2017 | 2017-03-31 | $14.9M | $1.6M | +11.88% |
| Q4 2016 | 2016-12-31 | $15.4M | $357,000 | +2.37% |
| Q3 2016 | 2016-09-30 | $26.3M | $13.4M | +104.36% |
| Q2 2016 | 2016-06-30 | $13.9M | $1.8M | +14.57% |
| Q1 2016 | 2016-03-31 | $13.3M | −$844,000 | −5.95% |
| Q4 2015 | 2015-12-31 | $15.1M | −$5.0M | −24.97% |
| Q3 2015 | 2015-09-30 | $12.9M | $1.2M | +9.98% |
| Q2 2015 | 2015-06-30 | $12.1M | −$5.5M | −31.13% |
| Q1 2015 | 2015-03-31 | $14.2M | $3.3M | +30.18% |
| Q4 2014 | 2014-12-31 | $20.1M | −$1.2M | −5.78% |
| Q3 2014 | 2014-09-30 | $11.7M | $1.7M | +17.35% |
| Q2 2014 | 2014-06-30 | $17.6M | $5.1M | +40.80% |
| Q1 2014 | 2014-03-31 | $10.9M | −$8.2M | −42.97% |
| Q4 2013 | 2013-12-31 | $21.3M | −$221.7M | −91.24% |
| Q3 2013 | 2013-09-30 | $10.0M | −$8.2M | −45.21% |
| Q2 2013 | 2013-06-30 | $12.5M | −$1.6M | −11.05% |
| Q1 2013 | 2013-03-31 | $19.1M | $5.0M | +35.87% |
| Q4 2012 | 2012-12-31 | $243.0M | $227.3M | +1449.47% |
| Q3 2012 | 2012-09-30 | $18.2M | $6.6M | +57.32% |
| Q2 2012 | 2012-06-30 | $14.1M | $295,000 | +2.14% |
| Q1 2012 | 2012-03-31 | $14.1M | $2.2M | +18.34% |
| Q4 2011 | 2011-12-31 | $15.7M | $1.8M | +13.18% |
| Q3 2011 | 2011-09-30 | $11.6M | $1.2M | +11.48% |
| Q2 2011 | 2011-06-30 | $13.8M | −$2.6M | −15.70% |
| Q1 2011 | 2011-03-31 | $11.9M | −$1.6M | −11.97% |
| Q4 2010 | 2010-12-31 | $13.9M | — | — |
| Q3 2010 | 2010-09-30 | $10.4M | −$5.7M | −35.46% |
| Q2 2010 | 2010-06-30 | $16.3M | $5.1M | +44.86% |
| Q1 2010 | 2010-03-31 | $13.5M | — | — |
| Q3 2009 | 2009-09-30 | $16.1M | — | — |
| Q2 2009 | 2009-06-30 | $11.3M | — | — |
Ormat Technologies operating expenses trends
Over the last five fiscal years, Ormat Technologies's operating expenses increased from $62.3M to $103.5M, a change of $41.2M. The latest reported quarter, Q2 2026, shows $34.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ormat Technologies source filings ↗