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| Date | Value |
|---|---|
| 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 |