Q2 FY2026 EarningsFY26 Q2 beat consensus across key metrics: revenue $258.8M vs. $235.6M expected, and GAAP EPS $0.43 vs. $0.25 expected. The revenue outperformance was driven by a 195.1% YoY surge in the Energy Storage segment ($42.8M) due to high PJM merchant pricing and new capacity. Gross margin of 26.55% slightly exceeded the 26.30% consensus. The significant EPS beat was primarily fueled by a negative effective tax rate of (56.3)% resulting from the generation of substantial Investment Tax Credits (ITCs), well below the 6.0% consensus mean.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Ormat Tech(ORA) the Revenue is 258.76 M (+10.57%), Beat estimate;the EBIT is 34.2 M (-3.17%), Beat estimate;the EPS is 0.43 (-6.52%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.26B10.57%
0.24B0.69%
+0.02B9.88%
EBITExceed expectations
0.03B3.17%
0.03B9.98%
+0.00B6.81%
EPSExceed expectations
0.436.52%
0.254644.66%
+0.175438.14%
Upcoming earnings report - Q3 FY2026
Available dateNov 5, 2026
Estimate Revenue$247.35 M
Estimate EBIT$36.37 M
Estimate EPS$0.2766
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