Company research
OGLETHORPE POWER CORP
CIK 788816Updated Nov 13, 2026
Filing activity
Latest filing
50 filings on record · 10-Q, 8-K, 10-K, EFFECT, 424B3, CORRESP.
Recent filings
10-Q filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Other Events
Items 1.01, 2.03, 8.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
10-Q filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Show 5 more recent filings
Other Events
Items 8.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 17,149,799,000Source | 16,477,538,000Source | 16,524,851,000Source | 16,489,370,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 251,119,000Source | 337,813,000Source | 490,592,000Source | 595,381,000Source |
| Assets, CurrentUSD | 1,147,079,000Source | 1,109,969,000Source | 1,191,687,000Source | 1,330,889,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 45,472,000Source | 44,218,000Source | 18,335,000Source | 51,409,000Source |
| Operating Lease, Right-of-Use AssetUSD | 7,357,000Source | 7,723,000Source | 6,587,000Source | 3,326,000Source |
| LIABILITIES AND EQUITY | ||||
| Liabilities and EquityUSD | 17,149,799,000Source | 16,477,538,000Source | 16,524,851,000Source | 16,489,370,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,434,530,000Source | 936,414,000Source | 1,358,453,000Source | 1,495,293,000Source |
| Operating Lease, Liability, CurrentUSD | 2,073,000Source | 1,954,000Source | 1,529,000Source | 1,164,000Source |
| Accounts Payable, CurrentUSD | 248,499,000Source | 138,537,000Source | 117,272,000Source | 203,705,000Source |
| Operating Lease, Liability, NoncurrentUSD | 5,284,000Source | 5,715,000Source | 5,152,000Source | 2,256,000Source |
| Other Liabilities, NoncurrentUSD | 15,571,000Source | 12,818,000Source | 16,574,000Source | 16,489,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 0Source | 0Source | 0Source | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 12,065,863,000Source | 12,134,194,000Source | 11,600,917,000Source | 11,512,513,000Source |
| Restricted Cash and Investments, CurrentUSD | 500,000Source | 500,000Source | 0Source | 104,431,000Source |
| Short-term InvestmentsUSD | 80,164,000Source | 124,572,000Source | 143,931,000Source | 61,702,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 16,480,000Source | 34,717,000Source | 38,562,000Source | 36,235,000Source |
| Increase (Decrease) in Accounts PayableUSD | 35,173,000Source | 29,156,000Source | -104,164,000Source | 7,008,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 502,074,000Source | 428,871,000Source | 194,517,000Source | 546,274,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 75,240,000Source | 16,743,000Source | 86,826,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -832,724,000Source | -650,892,000Source | -481,435,000Source | -1,081,611,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 6,311,000Source | -1,156,000Source | -13,782,000Source | -4,040,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 243,956,000Source | 69,742,000Source | 151,729,000Source | 579,968,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 17,489,000Source | -5,162,000Source | 51,699,000Source | 2,526,000Source |
| Repayments of Long-term DebtUSD | 358,574,000Source | 384,771,000Source | 358,477,000Source | 397,162,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -86,694,000Source | -152,279,000Source | -135,189,000Source | 44,631,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 251,619,000Source | 338,313,000Source | 490,592,000Source | 625,781,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 503,688,000Source | 492,055,000Source | 278,952,000Source | 182,066,000Source |
| Income Taxes Paid, NetUSD | 0Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance Costs and DiscountsUSD | 10,074,000Source | 11,212,000Source | 10,553,000Source | 11,690,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 58,759,000Source | 69,223,000Source | 65,907,000Source | 55,953,000Source |
| DepreciationUSD | 424,243,000Source | 404,178,000Source | 321,047,000Source | 278,452,000Source |
| Gain (Loss) on Sale of InvestmentsUSD | 38,068,000Source | 90,356,000Source | 6,954,000Source | -21,950,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| InterestExpenseNonoperatingUSD | 538,569,000Source | 521,525,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 55,355,000Source | 70,501,000Source | 65,790,000Source | 61,704,000Source |
| Nonoperating Income (Expense)USD | 44,482,000Source | 67,390,000Source | 81,049,000Source | 72,244,000Source |
| Operating Lease, Lease IncomeUSD | 5,221,000Source | 5,561,000Source | 6,776,000Source | 6,539,000Source |
| Other Nonoperating Income (Expense)USD | 6,699,000Source | 7,563,000Source | 8,258,000Source | 12,191,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 525,595,000Source | 667,493,000Source | 506,272,000Source | 1,414,925,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 3,033,000Source | 1,756,000Source | 750,000Source | 700,000Source |
| Restricted Cash and Investments, CurrentUSD | 500,000Source | 500,000Source | 0Source | 104,431,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | -10,642,000Source | -28,624,000Source | -13,445,000Source | -131,804,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,541,192,000Source | 2,181,847,000Source | 1,740,185,000Source | 2,130,137,000Source |
| Operating Income (Loss)USD | 536,545,000Source | 483,496,000Source | 277,066,000Source | 194,051,000Source |
| Other Nonoperating Income (Expense)USD | 6,699,000Source | 7,563,000Source | 8,258,000Source | 12,191,000Source |
| Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 55,355,000Source | 70,501,000Source | 65,790,000Source | 61,704,000Source |
| Interest Expense (non-operating)USD | 538,569,000Source | 521,525,000Source | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Interest ExpenseUSD | — | — | 515,862,000Source | 455,474,000Source |
| Nonoperating Income (Expense)USD | 44,482,000Source | 67,390,000Source | 81,049,000Source | 72,244,000Source |
| Operating Lease, Lease IncomeUSD | 5,221,000Source | 5,561,000Source | 6,776,000Source | 6,539,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 3,033,000Source | 1,756,000Source | 750,000Source | 700,000Source |