Enlight Renewable Energy ENLT
NASDAQ ENLT
$76.48 +1.55 (+2.07%)
At close: Sep 2, 2026 · 4:00 PM EDT

Enlight Renewable Energy (ENLT) Operating Expenses (2021 - 2026)

Enlight Renewable Energy (ENLT) posted quarterly Operating Expenses of -$101.1 million for Q4 2025, down 37.69% year-over-year from -$162.3 million in Q4 2024, and up 60.09% quarter-over-quarter from -$253.3 million in Q3 2025.

Analysis

Enlight Renewable Energy (ENLT) Operating Expenses (2021 - 2026) Analysis & Trends

Enlight Renewable Energy's Operating Expenses history runs 4 years deep, the most recent figure standing at -$101.1 million for Q4 2025.

  • In Q4 2025, Operating Expenses fell 37.69% year-over-year to -$101.1 million; the TTM figure through Dec 2025 stood at -$510.8 million (down 47.61% YoY), while the FY2025 annual figure was $354.4 million, up 47.67% from the prior year.
  • Operating Expenses for Q4 2025 stood at -$101.1 million, up from -$253.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $66.2 million in Q4 2023, with the low at -$253.3 million in Q3 2025.
  • The 4-year median for Operating Expenses is -$31.1 million (2023), against an average of -$49.2 million.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses advanced 12.78% in 2023, then tumbled 1736.0% in 2024.
  • Enlight Renewable Energy's Operating Expenses stood at $58.7 million in 2022, then grew 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.
  • Business Quant data shows ENLT's Operating Expenses at -$101.1 million in Q4 2025, -$253.3 million in Q3 2025, and -$81.5 million in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AXIA Energia 30.72 Bn 28.40 Bn 2.59 Bn -681.17 Mn
2 Enlight Renewable Energy 9.46 Bn 8.16 Bn 117.49 Mn -118.69 Mn
3 Ormat Technologies 6.42 Bn 5.77 Bn 68.70 Mn 27.07 Mn
4 Brookfield Renewable Partners 4.65 Bn 2.41 Bn 927.00 Mn 783.00 Mn
5 Clearway Energy 3.45 Bn 3.11 Bn 332.00 Mn 365.00 Mn
6 ReNew Energy Global 2.48 Bn 2.09 Bn - 418.00 Mn
7 Fluence Energy 1.46 Bn 894.31 Mn 33.24 Mn 63.04 Mn
8 XPLR Infrastructure 1.12 Bn 1.12 Bn 219.00 Mn 304.00 Mn
9 Energy Vault Holdings 621.58 Mn 514.23 Mn 5.38 Mn 30.04 Mn
10 Eco Wave Power Global AB (publ) 283.14 Mn 283.14 Mn - -769,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -118.69 Mn
Mar 31, 2026 -117.96 Mn
Dec 31, 2025 -101.11 Mn
Sep 30, 2025 -253.34 Mn
Jun 30, 2025 -81.47 Mn
Mar 31, 2025 -74.84 Mn
Dec 31, 2024 -73.43 Mn
Sep 30, 2024 -166.60 Mn
Jun 30, 2024 -53.67 Mn
Mar 31, 2024 -52.32 Mn
Dec 31, 2023 -39.65 Mn
Sep 30, 2023 -9.07 Mn
Jun 30, 2023 -9.93 Mn
Mar 31, 2023 -9.45 Mn
Dec 31, 2022 -34.33 Mn
Sep 30, 2022 -9.47 Mn
Jun 30, 2022 -9.22 Mn
Mar 31, 2022 -7.35 Mn
Dec 31, 2021 -20.29 Mn