Enlight Renewable Energy Q3 revenue hits $231M, up 40%
Key points
- Enlight Renewable Energy reported third-quarter 2026 revenues and income of $231 million, up 40% year over year, while net income increased 4% to $34 million.
- Adjusted EBITDA rose 38% to $154 million, while operating cash flow increased 26% to $104 million.
- Enlight raised its 2026 revenue and income guidance to $810 million–$830 million and expanded its renewable energy portfolio to 46.2 FGW.
Enlight Renewable Energy (NASDAQ:ENLT) reported third-quarter 2026 revenues and income of $231 million, up 40% from $165 million a year earlier.
Net income increased 4% to $34 million from $32 million, while adjusted EBITDA rose 38% to $154 million.
Operating cash flow increased 26% to $104 million, while the company's renewable energy portfolio expanded 7.1% to 46.2 FGW.
Enlight raised its 2026 revenues and income forecast to $810 million–$830 million and adjusted EBITDA guidance to $575 million–$590 million.
Nine-month net income declined 27% to $103 million, compared with $140 million a year earlier, which included a Sunlight portfolio sale gain.
All five phases of Enlight's CO-Bar project are under construction, with operations expected to begin in stages between late 2027 and mid-2028.
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