Enlight Renewable Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	488.6	377.94	255.7	192.17	102.46
Revenue Growth (YoY)	29.28%	47.80%	33.06%	87.56%	45.70%
Cost of Revenue	134.38	80.7	52.79	40.44	21.78
Gross Profit	354.22	297.24	202.91	151.73	80.68
Selling, General & Admin	57.96	38.85	33.3	27.03	15.57
Depreciation & Amortization Expenses	149.92	108.89	63.85	42.27	19.45
Research & Development	12.19	11.6	6.35	5.59	4.72
Other Operating Expenses	-104.36	-16.77	-77.82	-13.77	33.39
Operating Income	332.18	175.54	158.14	90.61	34.4
Interest Income	40.85	20.44	36.8	23.34	30.33
Interest Expense	-164.73	-107.84	-68.14	-62.59	-37.18
Other Non-Operating Income (Expense)	-3.72	-3.35	-0.33	-0.31	-0.19
Total Non-Operating Income (Expense)	-127.6	-90.76	-31.67	-39.56	-7.03
Pretax Income	204.58	84.78	126.47	51.06	27.37
Provision for Income Taxes	43.88	18.28	28.43	12.94	5.69
Net Income	132.1	44.21	70.92	24.75	11.22
Minority Interest in Earnings	28.6	22.3	27.12	13.36	10.46
Net Income to Common	132.1	44.21	70.92	24.75	11.22
Net Income Growth	198.82%	-37.67%	186.57%	120.64%	-
Shares Outstanding (Basic)	124	118	116	97	94
Shares Outstanding (Diluted)	133	123	124	100	98
Shares Change (YoY)	7.55%	-0.44%	23.89%	1.91%	25.30%
EPS (Basic)	1.07	0.37	0.61	0.25	0.12
EPS (Diluted)	1.00	0.36	0.57	0.25	0.12
EPS Growth	177.78%	-36.84%	128.00%	108.33%	-
Free Cash Flow	-1,530	-706.19	-581.36	-565.77	-440.73
Free Cash Flow Per Share	-11.54	-5.73	-4.69	-5.66	-4.49
Gross Margin	72.50%	78.65%	79.35%	78.96%	78.75%
Operating Margin	67.99%	46.45%	61.85%	47.15%	33.57%
Profit Margin	32.89%	17.60%	38.34%	19.83%	21.15%
FCF Margin	-313.13%	-186.85%	-227.36%	-294.41%	-430.15%
EBITDA	482.1	284.42	223.94	132.88	54.9
EBITDA Margin	98.67%	75.26%	87.58%	69.15%	53.58%
EBIT	332.18	175.54	158.14	90.61	34.4
EBIT Margin	67.99%	46.45%	61.85%	47.15%	33.57%
Effective Tax Rate	21.45%	21.56%	22.48%	25.35%	20.80%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.