Latest Earnings Results: Q3 '26
Estimated EPS
$0.33
Reported EPS
$0.56
Surprise
+68.52%
Estimated Rev
$248.36M
Reported Rev
$275.12M
Surprise
+10.78%
• Reported GAAP EPS of $0.56 up 36.59% YoY • Reported revenue of $275.12M up 10.17% YoY • Ormat raised the midpoint of 2026 guidance, with total revenues expected between $1.17B and $1.2B and Adjusted EBITDA expected between $640M and $650M, including approximately $13M attributed to minority interest.
Bullish Takeaway
Ormats Energy Storage revenue rose 145.2% year-over-year; its expanded EGS land position could support 5 to 6 GW, and Denali is planned as a 100 MW / 400 MWh facility.
Bearish Takeaway
Ormat reported lower Electricity revenue after a hurricane-related Puna outage, lower Electricity and Product gross margins year-over-year, and identified EGS viability, power purchase agreement, permitting and funding risks.
Generated by Stocktwits using AI and company-reported earnings data for Q3 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.
Historical Earnings
Quarterly
Annual
EPS
Revenue
| Fiscal Period | Estimated | Reported | Surprise | Result |
|---|---|---|---|---|
Q4 '26 | $0.54 | -- | -- | N/A |
Q3 '26 | $0.33 | $0.56 | 68.52% | BEAT |
Q2 '26 | $0.26 | $0.50 | 91.05% | BEAT |
Q1 '26 | $0.91 | $1.30 | 42.57% | BEAT |
Q4 '25 | $0.64 | $0.67 | 4.62% | BEAT |