Quarterly ResultMay 5, 2026, 06:02 AM
Enlight Q1 Revenue +54% to $200M; Reaffirms 2026 Guidance
AI Summary
Enlight Renewable Energy reported strong financial results for Q1 2026, with total revenues and income increasing 54% to $200 million. Net income, excluding a significant gain from the Sunlight cluster sale in Q1 2025, rose 76% to $38 million, while Adjusted EBITDA, similarly adjusted, increased 58% to $142 million. The company reaffirmed its 2026 guidance, projecting total revenues of $755 million to $785 million and Adjusted EBITDA of $545 million to $565 million. Enlight also expanded its total portfolio by 8% to 41.25 FGW and secured $740 million in financing during the quarter.
Key Highlights
- Total revenues and income increased 54% to $200 million.
- Net income was $38 million, up 76% excluding 2025 Sunlight cluster gain.
- Adjusted EBITDA was $154 million, up 58% excluding Sunlight cluster sales.
- Cash flow from operating activities rose 58% to $100 million.
- Reaffirmed 2026 guidance: revenues $755M-$785M, Adjusted EBITDA $545M-$565M.
- Total portfolio grew 8% to 41.25 FGW, with 11.6 FGW mature capacity.
- Raised $740 million in financing, including $422 million from share issuance.
- U.S. segment revenue grew 111% to $74 million.