Ormat Technologies shares its earnings report for the second quarter of 2026.

Oct 9, 2026, 7:22 AM ETResultsRead the original at Benzinga

Good for ORA

Ormat's sales, gross profit, and adjusted EBITDA all increased, and it raised its full-year targets. Adjusted EBITDA grew more slowly than gross profit, and planned spending is substantial, but $1.1 billion in available funds and growth across its businesses support a stronger outlook.

ORA · Ormat Technologies

AI read · Good for ORA

The AI's read

That supports Ormat's plans to expand its power and storage business. Added generating capacity, better plant output, and fewer U.S. power cuts helped the quarter. Adjusted EBITDA grew more slowly than gross profit, and planned spending is substantial. The company reported $1.1 billion in available funds, and its raised full-year targets support the positive reading.

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