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) Research & Development (2021 - 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.

Analysis

Enlight Renewable Energy (ENLT) Research & Development (2021 - 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 AXIA Energia 30.72 Bn 28.40 Bn 2.59 Bn -
2 Enlight Renewable Energy 9.46 Bn 8.16 Bn 117.49 Mn -4.69 Mn
3 Ormat Technologies 6.42 Bn 5.77 Bn 68.70 Mn 5.97 Mn
4 Brookfield Renewable Partners 4.65 Bn 2.41 Bn 927.00 Mn -
5 Clearway Energy 3.45 Bn 3.11 Bn 332.00 Mn -
6 ReNew Energy Global 2.48 Bn 2.09 Bn - -
7 Fluence Energy 1.46 Bn 894.31 Mn 33.24 Mn 25.30 Mn
8 XPLR Infrastructure 1.12 Bn 1.12 Bn 219.00 Mn -
9 Energy Vault Holdings 621.58 Mn 514.23 Mn 5.38 Mn 2.87 Mn
10 Eco Wave Power Global AB (publ) 283.14 Mn 283.14 Mn - 78,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -4.69 Mn
Mar 31, 2026 -4.00 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 -6.35 Mn
Sep 30, 2023 -1.38 Mn
Jun 30, 2023 -1.51 Mn
Mar 31, 2023 -1.38 Mn
Dec 31, 2022 -5.59 Mn
Sep 30, 2022 -1.61 Mn
Jun 30, 2022 -1.35 Mn
Mar 31, 2022 -1.31 Mn
Dec 31, 2021 -4.72 Mn