Growth Metrics

Enlight Renewable Energy (ENLT) Operating Expenses (2022 - 2025)

Enlight Renewable Energy's quarterly Operating Expenses came in at -$101.1 million in Q4 2025, down 37.69% year-on-year from -$162.3 million in Q4 2024, and down 4.2% quarter-over-quarter from -$97.0 million in Q3 2025.

Enlight Renewable Energy has reported Operating Expenses for 4 years, with the latest figure at -$101.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 37.69% year-over-year to -$101.1 million; the trailing twelve-month figure through Dec 2025 stood at -$354.4 million (down 47.67% YoY), and the FY2025 full-year result was $354.4 million, up 47.67% from the prior year.
  • Operating Expenses for Q4 2025 stood at -$101.1 million, down from -$97.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $66.2 million in Q4 2023, with the low at -$101.1 million in Q4 2025.
  • Average Operating Expenses over 4 years is -$32.8 million, with a median of -$31.1 million recorded in 2023.
  • Year-over-year, Operating Expenses increased 12.78% in 2023 and slumped 567.93% in 2024.
  • Tracing ENLT's Operating Expenses over 4 years: stood at $58.7 million in 2022, then rose by 12.78% to $66.2 million in 2023, then sank by 211.0% to -$73.4 million in 2024, then plunged by 37.69% to -$101.1 million in 2025.
  • The last three Operating Expenses figures came in at -$101.1 million (Q4 2025), -$97.0 million (Q3 2025), and -$81.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -424.56 Mn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn -101.11 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 22.76 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 58.30 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 334.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 292.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 28.99 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn -5,926.00
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 408.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 11.81 Mn

Historic Data

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DateValue
Dec 31, 2025 -101.11 Mn
Sep 30, 2025 -97.03 Mn
Jun 30, 2025 -81.47 Mn
Mar 31, 2025 -74.84 Mn
Dec 31, 2024 -73.43 Mn
Sep 30, 2024 -60.61 Mn
Jun 30, 2024 -53.67 Mn
Mar 31, 2024 -52.32 Mn
Dec 31, 2023 66.16 Mn
Sep 30, 2023 -9.07 Mn
Jun 30, 2023 -9.93 Mn
Mar 31, 2023 -9.45 Mn
Dec 31, 2022 58.66 Mn
Sep 30, 2022 -9.47 Mn
Jun 30, 2022 -9.22 Mn
Mar 31, 2022 -7.35 Mn