Financials · ENLT

Enlight Renewable Energy Ltd. (ENLT) financials

For fiscal 2025 (ended Dec 31, 2025), Enlight Renewable Energy Ltd. reported $488.60M of revenue and $132.10M of net income.

Revenue, FY2025
$488.60M
Revenue growth, YoY
+29.3%
Net income, FY2025
$132.10M
Net income growth, YoY
+198.8%
Net margin
27.0%
Free cash flow, FY2025
-$1.53B
EPS, diluted, FY2025
$1.00
EPS growth, YoY
+177.8%
Cash
$528.50M
P/E
72.12
P/S
19.50
Market cap
$9.53B
Annual revenue$488.60M
FY2020FY2025
Annual net income$132.10M
FY2020FY2025
Annual free cash flow-$1.53B
FY2020FY2025

ENLT revenue and earnings growth

ENLT revenueFY2025$488.60M

FY YoY
+29.3%
5Y CAGR
+47.4%

ENLT revenue was $488.60M for fiscal 2025 (ended Dec 31, 2025), up 29.3% from fiscal 2024. Compound annual growth was +47.4% over 5 years. It rose in each of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.

ENLT net incomeFY2025$132.10M

FY YoY
+198.8%

ENLT net income was $132.10M for fiscal 2025 (ended Dec 31, 2025), up 198.8% from fiscal 2024. It rose in 3 of the last 4 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.

ENLT EPSFY2025$1.00

FY YoY
+177.8%

ENLT diluted EPS was $1.00 for fiscal 2025 (ended Dec 31, 2025), up 177.8% from fiscal 2024.

ENLT free cash flowFY2025-$1.53B

ENLT free cash flow was -$1.53B for fiscal 2025 (ended Dec 31, 2025), compared with -$643.98M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue$488.60M$377.94M$255.70M$192.17M$102.46M$70.32M
Cost of revenue$134.38M$80.70M$52.79M$40.44M$21.78M$14.73M
Gross profit$354.21M$297.24M$139.06M$111.17M$61.24M$40.37M
Research and development$12.19M$11.60M$6.35M$5.59M$4.72M$2.98M
Selling, general and admin$57.95M$38.85M$31.36M$27.03M$15.57M$9.02M
Operating income$332.18M$175.53M$158.14M$90.61M$34.40M$28.37M
Interest expense$164.73M$107.84M$68.14M$62.59M$37.17M$31.41M
Pre-tax income$204.58M$84.78M$126.47M$51.06M$27.37M-$53.39M
Income tax$43.88M$18.27M$28.43M$12.94M$5.69M-$12.35M
Net income$132.10M$44.21M$70.92M$24.75M$11.22M-$43.87M
EPS, basic$1.07$0.37$0.61$0.25$0.12-$0.56
EPS, diluted$1.00$0.36$0.57$0.25$0.12-$0.56
Diluted shares132.6M123.3M123.9M100.0M98.1M78.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Cash and equivalents$528.50M$387.43M$403.81M$193.87M$265.93M$99.33M
Short-term investments--$0$33.90M$39.36M-
Current assets$1.10B$707.95M$664.64M$423.70M$413.31M-
Goodwill---$148.13M$148.13M-
Total assets$8.63B$5.55B$4.63B$3.53B$2.84B-
Current liabilities$1.63B$592.04M$583.29M$385.35M$201.07M-
Total liabilities$6.63B$4.11B$3.20B$2.48B$2.08B-
Shareholders' equity$1.69B$1.18B$1.44B$1.05B$757.38M$512.41M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Operating cash flow$282.65M$255.28M$191.60M$90.38M$52.02M$38.81M
Capital expenditures$1.81B$899.26M$730.98M$656.14M$492.76M$341.93M
Free cash flow-$1.53B-$643.98M-$539.38M-$565.77M-$440.73M-$303.12M
Investing cash flow-$2.18B-$928.68M-$785.58M-$820.00M-$644.64M-$492.45M
Financing cash flow$2.01B$671.10M$800.84M$684.74M$752.31M$343.53M
Share repurchases-$0$0$1.75M$0$0
Stock-based compensation$10.47M$8.36M$4.97M$8.67M$3.98M$2.25M
Depreciation and amortization$149.92M$108.89M$65.80M$42.27M$20.50M$15.87M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue growth, YoY29.3%47.8%33.1%87.6%45.7%-
Net income growth, YoY198.8%-37.7%186.6%120.6%--
EPS growth, YoY177.8%-36.8%128.0%108.3%--
Gross margin72.5%78.6%54.4%57.8%59.8%57.4%
Operating margin68.0%46.4%61.8%47.2%33.6%40.3%
Net margin27.0%11.7%27.7%12.9%10.9%-62.4%
Free cash flow margin-313.1%-170.4%-210.9%-294.4%-430.1%-431.0%
Return on equity7.8%3.7%4.9%2.4%1.5%-8.6%
Return on assets1.5%0.8%1.5%0.7%0.4%-
Current ratio0.671.201.141.102.06-

Source: XBRL data Enlight Renewable Energy Ltd. files with the SEC, latest filing dated Mar 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

ENLT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ENLT$488.60M+29.3%$132.10M27.0%$9.53B
NEE$27.87B+10.3%$8.18B29.4%$182.35B
SO$30.17B+7.9%$4.34B14.4%$106.22B
CEG$31.27B+26.0%$3.48B11.1%$88.56B
AEP$22.43B+9.3%$3.72B16.6%$68.90B
D$17.52B+17.5%$2.95B16.9%$60.33B
ETR$13.29B+11.4%$1.79B13.4%$52.82B
VST$19.60B+4.1%$2.22B11.3%$41.89B
FTSC$12.17B+5.8%C$1.71B14.1%$31.00B

ENLT FAQ

9 questions
  • What is ENLT revenue?
    Enlight Renewable Energy Ltd. (ENLT) reported $488.60M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 29.3% from the year before.
  • Is ENLT profitable?
    Yes. Enlight Renewable Energy Ltd. earned $132.10M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 27.0%.
  • How much cash and debt does ENLT have?
    Enlight Renewable Energy Ltd. reported $528.50M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is ENLT revenue growing?
    Enlight Renewable Energy Ltd.'s revenue changed +29.3% in fiscal 2025, to $488.60M. Its compound annual growth rate was +47.4% over 5 years.
  • What is ENLT gross margin?
    Enlight Renewable Energy Ltd.'s gross profit was $354.21M on $488.60M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 72.5%.
  • What is ENLT free cash flow?
    Enlight Renewable Energy Ltd. generated -$1.53B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $282.65M less capital expenditures.
  • What is ENLT earnings per share?
    Diluted earnings per share were $1.00 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did ENLT last report financial results?
    The latest statements here come from Enlight Renewable Energy Ltd.'s 20-F filed on Mar 30, 2026, covering the period ended Dec 31, 2025.
  • Where does this ENLT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Enlight Renewable Energy Ltd. files with the SEC. It is provided for information only and is not investment advice.