Ormat Technologies (ORA) reported second-quarter 2026 revenue of $258.8 million, up 10.6% from a year earlier. Net income attributable to stockholders was $27.1 million, or $0.43 per diluted share, compared with $28.0 million, or $0.46 per diluted share, in the prior-year period.
The company raised its full-year 2026 revenue and adjusted EBITDA guidance, citing first-half performance and momentum across its business. Ormat also declared a quarterly dividend of $0.12 per share, payable Sept. 2, 2026, to stockholders of record as of Aug. 19, 2026.
- Total revenue rose 10.6% year over year to $258.8 million in Q2 2026.
- Energy Storage revenue increased 195.1% to $42.8 million, helped by merchant pricing and new capacity additions.
- Electricity revenue increased 5.8% to $169.3 million, while Product revenue declined 21.6% to $46.7 million.
- Gross profit rose 20.8% to $68.7 million, with gross margin at 26.5%.
- 2026 guidance calls for total revenue of $1.15 billion to $1.20 billion and adjusted EBITDA of $630 million to $650 million.
- Development updates included commercial operation of the 10 MW Dominica geothermal power plant and completion of a 5 MW upgrade at Cove Fort.
$ORA Insider Trading Activity
$ORA insiders have traded $ORA stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.
Here’s a breakdown of recent trading of $ORA stock by insiders over the last 6 months:
- ASSI GINZBURG (Chief Financial Officer) has made 0 purchases and 2 sales selling 17,776 shares for an estimated $2,395,233.
- OFER BENYOSEF (EVP, Energy Storage & BD) sold 9,429 shares for an estimated $1,235,387
- JESSICA WOELFEL (GC, CCO, and CS) has made 0 purchases and 6 sales selling 7,291 shares for an estimated $785,815.
- BYRON G. WONG sold 4,500 shares for an estimated $604,440
- DAVID GRANOT has made 0 purchases and 2 sales selling 3,519 shares for an estimated $470,017.
- MICHAL MAROM sold 3,080 shares for an estimated $403,403
- STANLEY STERN has made 0 purchases and 2 sales selling 827 shares for an estimated $109,713.
- ARON JOHN WILLIS (EVP, Electricity Segment) sold 451 shares for an estimated $48,094
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ORA Hedge Fund Activity
We have seen 214 institutional investors add shares of $ORA stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MEITAV INVESTMENT HOUSE LTD added 623,843 shares (+inf%) to their portfolio in Q2 2026, for an estimated $67,936,502
- CANADA PENSION PLAN INVESTMENT BOARD added 528,435 shares (+49.6%) to their portfolio in Q1 2026, for an estimated $59,142,445
- HANDELSBANKEN FONDER AB removed 367,848 shares (-65.4%) from their portfolio in Q2 2026, for an estimated $40,058,647
- WELLINGTON MANAGEMENT GROUP LLP removed 336,847 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $37,699,916
- ENCOMPASS CAPITAL ADVISORS LLC removed 312,675 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $34,994,586
- BLACKROCK, INC. added 309,177 shares (+3.3%) to their portfolio in Q1 2026, for an estimated $34,603,089
- UBS GROUP AG added 281,053 shares (+34.5%) to their portfolio in Q1 2026, for an estimated $31,455,451
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
