Ormat Technologies, Inc. Reports Third Quarter 2026 Financial Results

Ormat Technologies reported third-quarter 2026 revenue of $275.1 million, above the FactSet estimate of $248.4 million, and adjusted EPS of $0.56, beating the $0.33 consensus. Energy storage was the primary driver of increases in revenue, net income, and adjusted EBITDA. The company raised the midpoints of its fiscal 2026 revenue and adjusted EBITDA guidance and said its potential Enhanced Geothermal Systems land capacity had expanded to 5–6 GW.