Enlight Renewable Energy Ltd · Q3 2025 earnings

Briefing

Revenues and income jump 46% to $165M as net income rises 33%

Enlight Renewable Energy reported Q3 2025 results for the period ended September 30, 2025, with total revenues and income of $165.1 million, up 46% year over year, driven by newly operational projects across the U.S., Israel and Europe. Electricity sales revenue rose to $138.5 million while tax-benefit income contributed $26.5 million. Net income was $32 million (+33% YoY), supported by $12 million from new projects and $10 million from Gecama refinancing gains, partially offset by higher operating expenses and lower other income. Adjusted EBITDA grew 23% to $112 million and cash flow from operations was $71 million. Management raised full-year 2025 guidance to $555–565 million of revenues and income and $405–415 million of adjusted EBITDA.

• Total revenues and income were $165M (+46% YoY); electricity sales rose 27% to $139M with $26.5M of tax-benefit income
• Net income increased 33% to $32M; adjusted EBITDA grew 23% to $112M
• New projects contributed $12M to net income; Gecama refinancing added $10M of financial income after tax
• Cash flow from operations was $71M (+7% YoY)
• FY2025 guidance raised to $555–565M revenue/income and $405–415M adjusted EBITDA

Headline financials

Revenue & EPS history

Management raised FY2025 guidance after strong nine-month performance, narrowing ranges for revenue/income and adjusted EBITDA.