Enlight Renewable Energy (IL:ENLT)
TASE:ENLT
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Earnings Data
Report Date
Aug 12, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
4.1Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial momentum: strong organic revenue (54% YoY) and adjusted EBITDA growth, meaningful U.S. scaling (U.S. now 37% of revenues), significant portfolio expansion (>41 factored GW) and solid liquidity/capital raises. Management reaffirmed full-year 2026 guidance and a credible path to >$2.1 billion ARR by end-2028. Offsetting items included lower reported net income versus a prior year distorted by one-time asset sales, higher depreciation/financial costs from new projects, modest project timing shifts (pushing some 2027 activity into early 2028), and interconnection/safe-harbor constraints that limit near-term conversion of system-impact-study completions. Overall, the positive execution, pipeline expansion, financing strength and guidance reaffirmation materially outweigh the timing and comparability headwinds.Company Guidance
Strong Top-Line Growth
Total revenues and income increased 54% year-over-year to $200 million in Q1 2026 (from $130 million in Q1 2025), driven by new U.S. projects, strong wind generation in Israel and Europe, increased electricity trading activity, and favorable FX movements.
Adjusted EBITDA Expansion
Adjusted EBITDA reached $154 million in Q1 2026. Management reported a 58% year-over-year increase excluding the impact of the Sunlight cluster sell-down; the CFO also noted an adjusted-EBITDA increase to $154 million (compared to $132 million prior year) under an alternate adjustment basis.
U.S. Scale Milestone
U.S. became the largest geographic segment, contributing 37% of total revenues following ramp-up of Roadrunner and Quail Ranch. The U.S. portfolio that has passed system impact studies grew by ~2 factored GW to a total of 20 factored GW.
Portfolio Growth and Construction Momentum
Total portfolio expanded to over 41 factored GW, a sequential increase of 8%. The company advanced ~0.5 factored GW into construction in Q1 and expects ~7 factored GW to be under construction during 2026, with over 90% of the mature portfolio operating or under construction by year-end.
U.S. Development Progress and Pipeline Expansion
U.S. portfolio expanded by 2.6 factored GW sequentially ( >10% sequential growth). More than 60% of the advanced development and development portfolio completed system impact studies; management expects to safe-harbor 15–17 factored GW by mid/late 2026 (optionality to safe-harbor an incremental 2–4 GW).
Project-Level Execution and COD Timelines
Significant U.S. construction activity: Clēnera constructing 6 projects totaling 3.4 factored GW; CO Bar complex (three phases) combined ~1.5 factored GW with initial CODs on track for H2 2027 and subsequent CODs in H1 2028. Country Acres remains on schedule for COD by year-end 2026; Snowflake A on track for H2 2027.
Capital Raise and Strong Liquidity
Raised approximately $740 million in Q1 (including $422 million private placement and $304 million project financing). Topco cash and cash equivalents increased to $709 million, plus $270 million at subsidiaries; company has a $525 million credit facility ($360 million available) and ~ $1.6 billion in LC/surety bond facilities (including $1 billion available).
Reaffirmed 2026 Guidance and Long-Term Path
Reaffirmed full-year 2026 guidance: revenues and income $755–$785 million and adjusted EBITDA $545–$565 million. Company reiterated its path to a >$2.1 billion annual revenue run rate by end of 2028 backed by projects in hand and a mature portfolio moving to operation or construction.
Europe and Storage Growth
European storage portfolio of 14 GWh with 4.9 GWh in the mature portfolio; management highlighted structural storage demand (Wood Mackenzie estimate: 1.4 TW storage need by 2034) and active market expansion efforts (financing/negotiations in Finland, Romania).
Agrivoltaics and Israel Market Strength
Rapid scaling in agrivoltaics with dozens of land agreements signed over the past year representing ~3 factored GW of future solar capacity; advancing >2 factored GW of high-voltage storage projects in Israel and positioning to capture rising domestic storage-per-capita opportunity.
IL:ENLT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IL:ENLT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | 26580.00 | 26020.00 | -2.11% |
Feb 17, 2026 | 20190.00 | 22620.00 | +12.04% |
Nov 12, 2025 | 11690.00 | 12500.00 | +6.93% |
Aug 06, 2025 | 8000.00 | 8135.00 | +1.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Enlight Renewable Energy (IL:ENLT) report earnings?
Enlight Renewable Energy (IL:ENLT) is schdueled to report earning on Aug 12, 2026, TBA (Confirmed).
What is Enlight Renewable Energy (IL:ENLT) earnings time?
Enlight Renewable Energy (IL:ENLT) earnings time is at Aug 12, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is the P/E ratio of Enlight Renewable Energy stock?
The P/E ratio of Enlight Renewable Energy is N/A.
What is IL:ENLT EPS forecast?
Currently, no data Available