Ormat Q3 net income attributable to stockholders rises 32% to $31.9 million
ORA•Ormat Technologies’ third-quarter 2026 net income attributable to stockholders rose 32% year over year to $31.9 million. Revenue increased 10% to $275.1 million, and the company raised the midpoint of its full-year revenue guidance to a range of $1.17 billion to $1.2 billion.
1. Quarterly results and outlook
Ormat Technologies’ third-quarter 2026 net income attributable to stockholders rose 32% year over year to $31.9 million, while revenue climbed 10% to $275.1 million. Energy Storage revenue more than doubled to $49.9 million. The potential EGS development pipeline expanded to 5–6 GW, supported by approximately 170,000 acres. Full-year 2026 revenue is expected to be between $1.17 billion and $1.2 billion, with the guidance midpoint raised.
