HIGHBuilt-inProduct / Revenue mix
70.1%
Electricity segment
“10-K Item 1A: 'we derived 70.1% of our total revenues for the year ended December 31, 2025 from the sale of electricity'”
ORA · Concentration risk · 10-K extracted
Ormat Technologies (ORA) concentration risks
Updated
The most significant concentration Ormat Technologies discloses is Electricity segment at 70.1%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Ormat Technologies’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH1
MEDIUM1
LOW2
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inGeographic
40.3%
international operations
“10-K Item 1A: '40.3% of our total revenues were derived from international operations'”
LOWOutside partyCustomer
17.8%
SCPPA
“10-K Item 1A: 'SCPPA and its municipal utility members that account for 17.8% of our total revenues in 2025'”
LOWOutside partyCustomer
11.9%
KPLC
“10-K Item 1A: 'KPLC accounted for 11.9% of our total revenues'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's revenue profile reflects two layered structural concentrations. The dominant one is product-type: electricity sales accounted for 70.1% of total revenues in 2025, a high-share structural exposure that reflects the core nature of a geothermal power business and is unlikely to shift materially absent a deliberate strategic pivot. Layered on that is a moderate geographic dimension, with 40.3% of total revenues derived from international operations — a medium-share structural exposure tied to the global footprint of renewable energy development. At the individual customer level, two named relationships stand out. SCPPA and its municipal utility members accounted for 17.8% of total revenues — a low-share dependency on a concentrated offtake agreement, where any renegotiation or contract termination could create a visible revenue gap. KPLC accounted for 11.9% of total revenues, similarly a low-share but specific counterparty dependency, with the added dimension that it sits within the international operations pool. Taken together, the profile is predominantly structural: the electricity-segment tilt and the international presence are features of the business model rather than idiosyncratic customer bets. The individual customer concentrations in SCPPA and KPLC are the places where contract-specific risk could affect results, and both warrant monitoring through the lens of offtake agreement renewal terms and the creditworthiness of the respective utility counterparties.
For the engine’s reasoning on ORA’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Utilities - Renewable
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CWEN | Clearway Energy, Inc. | 2 | 0 | 2 | 4 |
| CWEN-A | Clearway Energy, Inc. | 2 | 0 | 2 | 4 |
| ORA● | Ormat Technologies, Inc. | 1 | 1 | 2 | 4 |
| MWH | SOLV Energy, Inc. | 1 | 0 | 0 | 1 |
| FLNC | Fluence Energy, Inc. | 0 | 1 | 1 | 2 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.