Enlight Renewable Energy (ENLT) Research & Development (2022 - 2026)

Enlight Renewable Energy (ENLT) posted quarterly Research & Development of -$3.8 million for Q4 2025, down 2.91% year-over-year from -$3.9 million in Q4 2024, and up 54.41% quarter-over-quarter from -$8.4 million in Q3 2025.

Enlight Renewable Energy (ENLT) Research & Development (2022 - 2026) Analysis & Trends

Enlight Renewable Energy's Research & Development history runs 4 years deep, the most recent figure standing at -$3.8 million for Q4 2025.

  • In Q4 2025, Research & Development fell 2.91% year-over-year to -$3.8 million; the TTM figure through Dec 2025 stood at -$17.7 million (down 9.39% YoY), while the FY2025 annual figure was $12.2 million, up 5.08% from the prior year.
  • Research & Development for Q4 2025 stood at -$3.8 million, up from -$8.4 million in the prior quarter.
  • The five-year high for Research & Development was $10.6 million in Q4 2023, with the low at -$8.4 million in Q3 2025.
  • The 4-year median for Research & Development is -$1.9 million (2022), against an average of -$1.4 million.
  • The sharpest annual moves came in 2023 and 2024: Research & Development advanced 14.42% in 2023, then plunged 473.13% in 2024.
  • Enlight Renewable Energy's Research & Development stood at $9.8 million in 2022, then advanced by 7.75% to $10.6 million in 2023, then slumped by 134.95% to -$3.7 million in 2024, then declined by 2.91% to -$3.8 million in 2025.
  • Business Quant data shows ENLT's Research & Development at -$3.8 million in Q4 2025, -$8.4 million in Q3 2025, and -$2.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Enlight Renewable Energy 12.08 Bn 10.92 Bn 117.49 Mn 4.69 Mn
2 Ormat Technologies 7.16 Bn 6.50 Bn 68.70 Mn 5.97 Mn
3 Brookfield Renewable Partners 4.70 Bn 2.20 Bn 623.00 Mn -
4 Clearway Energy 3.83 Bn 3.49 Bn 332.00 Mn -
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn -
6 Fluence Energy 1.84 Bn 1.28 Bn 33.24 Mn 25.30 Mn
7 XPLR Infrastructure 1.08 Bn 579.73 Mn - -
8 Energy Vault Holdings 707.23 Mn 638.48 Mn 4.79 Mn 2.59 Mn
9 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -
10 Eco Wave Power Global AB (publ) 335.24 Mn 335.24 Mn - -140,000.00

Historic Data

Download Data
DateValue
Jun 30, 2026 4.69 Mn
Dec 31, 2025 -3.82 Mn
Sep 30, 2025 -8.37 Mn
Jun 30, 2025 -2.91 Mn
Mar 31, 2025 -2.56 Mn
Dec 31, 2024 -3.71 Mn
Sep 30, 2024 -7.89 Mn
Jun 30, 2024 -2.12 Mn
Mar 31, 2024 -2.42 Mn
Dec 31, 2023 10.61 Mn
Sep 30, 2023 -1.38 Mn
Jun 30, 2023 -1.51 Mn
Mar 31, 2023 -1.38 Mn
Dec 31, 2022 9.85 Mn
Sep 30, 2022 -1.61 Mn
Jun 30, 2022 -1.35 Mn
Mar 31, 2022 -1.31 Mn