The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 24,708 | 69,233 |
| Depreciation and amortization | 74,981 | 139,808 |
| Accretion of asset retirement obligation | 2,178 | 4,201 |
| Stock-based compensation | 4,941 | 9,533 |
| Income attributable to sale of tax benefits, net of interest expense | 7,181 | 13,431 |
| Equity in earnings of investees | 455 | 406 |
| Mark-to-market of derivative instruments | -1,198 | 2,404 |
| Disposal of property, plant and equipment | -15 | 332 |
| Write-off of unsuccessful exploration and storage activities | 377 | 767 |
| Write-off of long-lived assets | 0 | 0 |
| Gain on severance pay fund asset | 118 | 49 |
| Gain on foreign currency exchange rates | 190 | -8,329 |
| Deferred income tax provision | -6,998 | -15,038 |
| Liability for unrecognized tax benefits | 458 | -1,311 |
| Receivables | -3,274 | -15,865 |
| Costs and estimated earnings in excess of billings on uncompleted contracts | 10,171 | -16,794 |
| Long-term costs and estimated earnings in excess of billings on uncompleted contracts | 10,667 | 29,396 |
| Inventories | -303 | 6,815 |
| Prepaid expenses and other | 2,066 | -531 |
| Change in operating lease right of use asset | 1,337 | 2,404 |
| Deposits and other | 3,929 | -6,456 |
| Accounts payable and accrued expenses | -16,573 | -18,161 |
| Billings in excess of costs and estimated earnings on uncompleted contracts | -4,395 | 12,591 |
| Liabilities for severance pay | -606 | 1,496 |
| Change in operating lease liabilities | -1,730 | -1,926 |
| Other long-term liabilities | -3,000 | 204 |
| Net cash provided by operating activities | 45,154 | 184,907 |
| Capital expenditures | 147,267 | 327,426 |
| Investment in unconsolidated companies | -1 | 16,297 |
| Buyout of class b membership in opal geo | 0 | - |
| Cash paid for business acquisition, net of cash acquired | 0 | 88,650 |
| Decrease (increase) in severance pay fund asset, net of payments to retired employees | 105 | 53 |
| Proceeds related to tax monetization transaction | - | 5,190 |
| Net cash used in investing activities | -147,371 | -432,426 |
| Proceeds from long-term loans, net of transaction costs | 145,241 | 299,339 |
| Proceeds from exercise of options by employees | 0 | 0 |
| Proceeds from issuance of convertible notes, net of transaction costs | 0 | - |
| Proceeds related to tax monetization transactions | 109,828 | - |
| Proceeds from revolving credit lines with banks | 766,500 | 682,000 |
| Repayment of revolving credit lines with banks | 828,000 | 585,500 |
| Cash received from noncontrolling interest | 0 | 10,276 |
| Repayments of long-term debt | 66,474 | 136,790 |
| Cash paid to noncontrolling interest | 4,087 | 3,301 |
| Payments under financelease obligations | 519 | 765 |
| Debt issuance costs | 7,873 | 8,964 |
| Cash dividends paid | 7,275 | 14,555 |
| Net cash provided by financing activities | 102,151 | 246,930 |
| Effect of exchange rate changes | -261 | 881 |
| Net change in cash and cash equivalents and restricted cash and cash equivalents | -327 | 292 |
| Cash and cash equivalents at beginning of period | 205,772 | - |
| Cash and cash equivalents at end of period | 205,737 | - |
ORMAT TECHNOLOGIES, INC. (ORA)
ORMAT TECHNOLOGIES, INC. (ORA)