Enlight (ENLT) Reports Strong Q3 2026 Results and Raises Full Year Guidance
Enlight reported robust third-quarter 2026 financial results, highlighted by a 40% year-over-year revenue increase to $231 million. Growth was primarily driven by newly operational projects and significant expansion in electricity trading within the Israeli market. Despite incurring $20 million in one-time contract termination fees to optimize power purchase agreement pricing, net income rose to $34 million. The company demonstrated strong liquidity with approximately $736 million in total cash across corporate and subsidiary levels. Following these results, Enlight raised its full-year 2026 revenue guidance to a range of $810 million to $830 million and increased its adjusted EBITDA outlook to between $575 million and $590 million. The company's project pipeline continues to expand, reaching 46.2 factored gigawatts.
Tickers: $ENLT
Topics: EBITDA Electricity Trading Financial Guidance Portfolio Capacity Revenue Growth