Enlight Renewable Energy Ltd (ENLT) financial statements: income statement, balance sheet and cash flow
Enlight Renewable Energy Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Enlight Renewable Energy Ltd reported revenue of $582.3M (+46.0% year on year).
Income statement
Enlight Renewable Energy Ltd income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenues
$488.6M
$377.9M
$255.7M
$192.2M
Tax benefits
$93.7M
$20.9M
—
—
Total revenues and income
$582.3M
$398.8M
—
—
Cost of sales
($134.4M)
($80.7M)
($52.8M)
($40.4M)
Depreciation and amortization
($149.9M)
($108.9M)
($63.8M)
($40.6M)
General and administrative expenses
($58.0M)
($38.8M)
($33.3M)
($28.7M)
Development expenses
($12.2M)
($11.6M)
($6.3M)
($5.6M)
Total operating expenses
($354.4M)
($240.0M)
—
—
Gains from projects disposals
$96.4M
$601.0K
—
—
Other income, net
$7.9M
$16.2M
$58.7M
$13.8M
Operating profit
$332.2M
$175.5M
$158.1M
$90.6M
Finance income
$40.9M
$20.4M
$36.8M
$23.3M
Finance expenses
($164.7M)
($107.8M)
($68.1M)
($62.6M)
Total finance expenses, net
($123.9M)
($87.4M)
($31.3M)
($39.3M)
Profit before tax and equity loss
$208.3M
$88.1M
$126.8M
$51.4M
Share of losses of equity accounted investees
($3.7M)
($3.4M)
($330.0K)
($306.0K)
Profit before income taxes
$204.6M
$84.8M
$126.5M
$51.1M
Taxes on income
($43.9M)
($18.3M)
($28.4M)
($12.9M)
Profit for the year
$160.7M
$66.5M
$98.0M
$38.1M
Foreign currency translation differences for foreign operations
($135.2M)
($40.3M)
$53.7M
$78.2M
Effective portion of changes in fair value of cash flow hedges, net
($10.2M)
($13.7M)
$15.9M
$59.9M
Presentation currency translation adjustment
$237.4M
($7.6M)
($41.7M)
($112.2M)
Total other comprehensive income (loss) for the year
$92.0M
($61.6M)
$27.9M
$25.9M
Total comprehensive profit for the year
$252.7M
$4.9M
$126.0M
$64.0M
Owners of the Company
$132.1M
$44.2M
$70.9M
$24.7M
Non-controlling interests
$28.6M
$22.3M
$27.1M
$13.4M
Owners of the Company
$189.1M
($477.0K)
$92.2M
$45.9M
Non-controlling interests
$63.6M
$5.4M
$33.8M
$18.2M
Basic earnings per share
$1.07
$0.37
$0.61
$0.25
Diluted earnings per share
$1.00
$0.36
$0.57
$0.25
Basic per share
$123717373.00
$118293556.00
$115721346.00
$97335870.00
Diluted per share
$132619069.00
$123312565.00
$123861293.00
$99978133.00
Enlight Renewable Energy Ltd income statement, quarters
Line item
Jun 30, 2026 · YTD
Revenues
$322.5M
Tax benefits
$86.8M
Total revenues and income
$409.3M
Cost of sales
($92.8M)
Depreciation and amortization
($98.1M)
General and administrative expenses
($37.1M)
Development expenses
($8.7M)
Total operating expenses
($236.7M)
Gains from projects disposals
$889.0K
Other income (expenses), net
$3.7M
Operating profit
$177.2M
Finance income
$20.3M
Finance expenses
($104.6M)
Total finance expenses, net
($84.3M)
Profit before tax and equity loss
$92.9M
Share of losses of equity accounted investees
($1.4M)
Profit before income taxes
$91.5M
Taxes on income
($22.5M)
Profit for the period
$69.0M
Owners of the Company
$53.4M
Non-controlling interests
$15.5M
Basic earnings per share
$0.39
Diluted earnings per share
$0.36
Basic per share
$137294117.00
Diluted per share
$148712951.00
Balance sheet
Enlight Renewable Energy Ltd balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$528.5M
$387.4M
$403.8M
$193.9M
Restricted cash
$409.4M
$87.5M
$142.7M
$92.1M
Trade receivables
$95.1M
$50.7M
$43.1M
$39.8M
Other receivables
$62.3M
$99.7M
$60.7M
$37.0M
Other financial assets
$524.0K
$975.0K
$976.0K
$1.5M
Assets of disposal groups classified as held for sale
$0
$81.7M
—
—
Total current assets
$1.1B
$707.9M
$664.6M
$423.7M
Restricted cash
$130.4M
$60.8M
$38.9M
$38.7M
Other long-term receivables
$64.3M
$61.0M
$32.5M
$6.5M
Deferred costs in respect of projects
$235.6M
$357.4M
$271.4M
$205.6M
Deferred borrowing costs
$1.7M
$276.0K
$493.0K
$6.5M
Loans to investee entities
$85.1M
$18.1M
$35.9M
$14.2M
Investments in equity accounted investees
$59.3M
—
—
—
Fixed assets, net
$6.3B
$3.7B
$2.9B
$2.2B
Intangible assets, net
$304.0M
$291.4M
$288.0M
$279.7M
Deferred taxes assets
$4.7M
$10.7M
$9.1M
$4.7M
Right-of-use asset, net
$225.5M
$210.9M
$121.3M
$96.5M
Financial assets at fair value through profit or loss
$83.6M
$69.2M
$0
$33.9M
Other financial assets
$58.4M
$59.8M
$79.4M
$94.4M
Total non-current assets
$7.5B
$4.8B
$4.0B
$3.1B
Total assets
$8.6B
$5.5B
$4.6B
$3.5B
Credit and current maturities of loans from banks and other financial institutions
$884.1M
$212.2M
$324.7M
$165.6M
Trade payables
$137.2M
$162.0M
$105.6M
$34.6M
Other payables
$405.7M
$107.8M
$103.6M
$77.9M
Current maturities of debentures
$173.6M
$45.0M
$26.2M
$15.8M
Current maturities of lease liability
$12.4M
$10.2M
$8.1M
$5.8M
Other financial liabilities
$16.1M
$8.1M
$1.2M
$50.3M
Liabilities of disposal groups classified as held for sale
$0
$46.6M
—
—
Total current liabilities
$1.6B
$592.0M
$583.3M
$385.3M
Debentures
$477.3M
$434.0M
$293.8M
$238.5M
Convertible debentures
$273.8M
$133.1M
$130.6M
$131.4M
Loans from banks and other financial institutions
$3.0B
$2.0B
$1.7B
$1.4B
Loans from non-controlling interests
$86.9M
$75.6M
$92.8M
$90.9M
Financial liabilities through profit or loss
$26.9M
$0
$13.9M
$35.3M
Other financial liabilities
$378.3M
$107.9M
$62.0M
$0
Deferred taxes liabilities
$77.7M
$41.8M
$44.9M
$14.1M
Deferred income related to tax equity
$370.7M
$403.4M
—
—
Employee benefits
$1.6M
$1.2M
$4.8M
$12.2M
Lease liability
$231.1M
$211.9M
$119.5M
$93.8M
Asset retirement obligation
$99.5M
$83.1M
$68.0M
$49.9M
Total non-current liabilities
$5.0B
$3.5B
$2.6B
$2.1B
Total liabilities
$6.6B
$4.1B
$3.2B
$2.5B
Ordinary share capital
$3.7M
$3.3M
$3.3M
$2.8M
Share premium
$1.3B
$1.0B
$1.0B
$762.5M
Capital reserves
$99.3M
$25.3M
$57.7M
$30.5M
Enlight Renewable Energy Ltd balance sheet, quarters
Line item
Jun 30, 2026
Cash and cash equivalents
$1.2B
Bank deposits
$2.3M
Restricted cash
$122.7M
Trade receivables
$111.8M
Other receivables
$149.9M
Other financial assets
$1.2M
Total current assets
$1.6B
Restricted cash
$133.0M
Other long-term receivables
$33.9M
Deferred costs in respect of projects
$378.5M
Deferred borrowing costs
$2.1M
Loans to investee entities
$91.9M
Investments in equity accounted investees
$36.0M
Fixed assets, net
$7.5B
Intangible assets, net
$318.3M
Deferred taxes assets
$4.2M
Right-of-use asset, net
$258.5M
Financial assets at fair value through profit or loss
$109.1M
Other financial assets
$58.1M
Total non-current assets
$8.9B
Total assets
$10.5B
Credit and current maturities of loans from banks and other financial institutions
$566.3M
Trade payables
$78.5M
Other payables
$528.7M
Current maturities of debentures
$186.7M
Current maturities of lease liability
$13.1M
Other financial liabilities
$9.4M
Total current liabilities
$1.4B
Debentures
$854.5M
Other financial liabilities
$172.8M
Convertible debentures
$288.0M
Loans from banks and other financial institutions
$4.2B
Loans from non-controlling interests
$82.4M
Financial liabilities through profit or loss
$27.5M
Deferred taxes liabilities
$85.8M
Employee benefits
$2.1M
Lease liability
$265.5M
Deferred income related to tax equity
$596.4M
Asset retirement obligation
$100.6M
Total non-current liabilities
$6.6B
Total liabilities
$8.0B
Ordinary share capital
$4.0M
Share premium
$1.7B
Capital reserves
$100.1M
Proceeds on account of convertible options
$25.0M
Cash flow statement
Enlight Renewable Energy Ltd cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Profit for the year
$160.7M
$66.5M
$98.0M
$38.1M
Depreciation and amortization
$149.9M
$108.9M
$65.8M
—
Finance expenses, net
$118.7M
$83.6M
$28.8M
—
Share-based compensation
$10.5M
$8.4M
$5.0M
—
Taxes on income
$43.9M
$18.3M
$28.4M
—
Tax benefits
($89.4M)
($20.9M)
—
—
Other income, net
$4.9M
($5.0M)
($52.4M)
—
Company’s share in losses of investee partnerships
$3.7M
$3.4M
$330.0K
—
Gains from projects disposals
($96.4M)
—
—
—
Total income and expenses not associated with cash flows
$145.7M
$196.6M
$75.9M
—
Change in other receivables
($1.9M)
$12.3M
($3.2M)
—
Change in trade receivables
($27.4M)
($9.9M)
($2.8M)
—
Change in other payables
$14.5M
$294.0K
$6.4M
—
Change in trade payables
$5.2M
$746.0K
$15.5M
—
Total changes in assets and liabilities items
($9.5M)
$3.4M
$15.8M
—
Income Tax paid
($14.3M)
($11.2M)
($12.2M)
($3.7M)
Repayment of contract assets
$0
$0
$14.1M
$17.6M
Net cash flows from operating activities
$282.6M
$193.1M
$149.6M
$90.4M
Sale (acquisition) of consolidated companies, net (Annex A)
$34.3M
$1.9M
($7.0M)
($57.0M)
Changes in restricted cash and bank deposits, net
($378.6M)
$30.0M
($53.1M)
($82.1M)
Purchase, development and construction in respect of projects
($1.8B)
($899.3M)
($731.0M)
($639.1M)
Payments on account of acquisition of consolidated Company
($6.5M)
($32.8M)
($5.7M)
($4.0M)
Interest receipts
$14.8M
$12.7M
$12.5M
$4.5M
Loans provided and investment in investees
($56.3M)
($26.4M)
($28.2M)
($3.7M)
Repayment of loans to investees
$30.8M
—
—
—
Loans provided to non-controlling interests
($297.0K)
—
$0
—
Purchase of financial assets measured at fair value through profit or loss, net
($6.5M)
($14.7M)
$32.6M
—
Net cash used in investing activities
($2.2B)
($941.4M)
($798.1M)
($820.0M)
Receipt of loans from banks and other financial institutions
$1.8B
$939.6M
$623.9M
$541.0M
Repayment of loans from banks and other financial institutions
($505.4M)
($699.6M)
($203.5M)
($109.1M)
Interest paid
($86.9M)
($74.9M)
($54.5M)
($33.1M)
Issuance of debentures
$125.8M
$177.9M
$83.0M
$0
Issuance of convertible debentures
$114.7M
$0
$0
$47.8M
Repayment of debentures
($47.5M)
($26.0M)
($14.7M)
($16.6M)
Dividends and distributions by subsidiaries to non-controlling interest
($29.8M)
($25.5M)
($13.3M)
($2.9M)
Proceeds from investments by tax-equity investors
$440.5M
$410.8M
$198.8M
—
Repayment of tax equity investment
($13.6M)
($839.0K)
($82.7M)
—
Deferred borrowing costs
($68.2M)
($21.6M)
($2.0M)
($5.0M)
Receipt of loans from non-controlling interests
$182.0K
$0
$274.0K
$18.1M
Repayment of loans from non-controlling interests
($858.0K)
($3.0M)
($1.5M)
($2.3M)
Increase in holding rights of consolidated entity.
($1.4M)
($169.0K)
$0
$4.2M
Issuance of shares
290.7M
0
266.5M
206.6M
Exercise of share options
$53.0K
$15.0K
$9.0K
$8.0K
Repayment of lease liability
($8.6M)
($5.9M)
($4.8M)
($4.3M)
Proceeds from investment in entities by non-controlling interest
$12.8M
$179.0K
$5.4M
$1.2M
Enlight Renewable Energy Ltd cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Profit for the period
$69.0M
Depreciation and amortization
$98.1M
Finance expenses, net
$85.2M
Share-based compensation
$10.0M
Taxes on income
$22.5M
Tax benefits
($79.8M)
Other income (expenses), net
($1.1M)
Company’s share in losses of investee partnerships
$1.4M
Gains from projects disposals
($889.0K)
Total income and expenses not associated with cash flows
$135.6M
Change in other receivables
$289.0K
Change in trade receivables
($20.2M)
Change in other payables
$19.6M
Change in trade payables
($14.2M)
Total changes in assets and liabilities items
($14.4M)
Income Tax paid
($5.4M)
Net cash from operating activities
$184.8M
Sale (Acquisition) of consolidated entities, net
($14.7M)
Sale of investee entities
$29.2M
Changes in restricted cash and bank deposits, net
$280.9M
Purchase, development, and construction in respect of projects
($1.3B)
Interest receipts
$15.5M
Loans provided and investment in investees
($28.3M)
Repayment of loans to investees
$22.5M
Payments on account of acquisition of consolidated Company
($7.9M)
Purchase of long-term financial assets measured at fair value through profit or loss, net
($25.0M)
Net cash used in investing activities
($1.1B)
Receipt of loans from banks and other financial institutions
$1.4B
Repayment of loans from banks and other financial institutions
($601.8M)
Interest paid
($61.8M)
Issuance of debentures
$345.9M
Issuance of convertible debentures
$0
Repayment of debentures
$0
Dividends and distributions by subsidiaries to non-controlling interest
($37.8M)
Proceeds from investments by tax-equity investors
$121.1M
Repayment of tax-equity investment
($5.8M)
Deferred borrowing costs
($51.4M)
Receipt of loans from non-controlling interests
$14.0K
Repayment of loans from non-controlling interests
($3.5M)
Increase in holding rights of consolidated entity
$0
Issuance of shares
419.3M
Exercise of share options
$35.0K
Repayment of lease liability
($3.8M)
Proceeds from investment in entities by non-controlling interest