Growth Metrics

Enlight Renewable Energy (ENLT) Research & Development (2022 - 2025)

Enlight Renewable Energy's quarterly Research & Development came in at -$3.8 million in Q4 2025, down 2.91% year-on-year from -$3.9 million in Q4 2024, and down 31.44% quarter-over-quarter from -$2.9 million in Q3 2025.

Enlight Renewable Energy has reported Research & Development for 4 years, with the latest figure at -$3.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 2.91% year-over-year to -$3.8 million; the trailing twelve-month figure through Dec 2025 stood at -$12.2 million (down 5.08% YoY), and the FY2025 full-year result was $12.2 million, up 5.08% from the prior year.
  • Research & Development for Q4 2025 stood at -$3.8 million, down from -$2.9 million in the prior quarter.
  • The five-year high for Research & Development was $10.6 million in Q4 2023, with the low at -$3.8 million in Q4 2025.
  • Average Research & Development over 4 years is -$741062.5, with a median of -$1.9 million recorded in 2022.
  • Year-over-year, Research & Development increased 14.42% in 2023 and plunged 143.28% in 2024.
  • Tracing ENLT's Research & Development over 4 years: stood at $9.8 million in 2022, then grew by 7.75% to $10.6 million in 2023, then slumped by 134.95% to -$3.7 million in 2024, then retreated by 2.91% to -$3.8 million in 2025.
  • The last three Research & Development figures came in at -$3.8 million (Q4 2025), -$2.9 million (Q3 2025), and -$2.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn -3.82 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 1.04 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 21.07 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn -
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn -
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 2.59 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn -
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn -
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn -

Historic Data

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DateValue
Dec 31, 2025 -3.82 Mn
Sep 30, 2025 -2.90 Mn
Jun 30, 2025 -2.91 Mn
Mar 31, 2025 -2.56 Mn
Dec 31, 2024 -3.71 Mn
Sep 30, 2024 -3.35 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