The EPS miss is notable but likely overshadowed by strong revenue growth, reaffirmed guidance, and robust portfolio expansion. Traders should watch the earnings call for color on project timelines and financing costs. The $422M equity raise adds dilution risk but funds a 21.5 GW pipeline. Monitor Q2 for progress on CO Bar complex and Safe Harbor milestones.
Price Chart
Executive Summary
Enlight Renewable Energy reported Q1 2026 EPS of $0.10, a 47.4% miss vs consensus of $0.19, but total revenues and income surged 54% YoY to $200M. Net income excluding the prior-year Sunlight gain rose 76% to $38M, and Adjusted EBITDA (excluding Sunlight) grew 58% to $142M. The company reaffirmed 2026 guidance of $755-785M in total revenues and income and $545-565M in Adjusted EBITDA, signaling confidence in its growth trajectory despite the headline EPS miss.
Key Financial Metrics
Key Facts
- Q1 2026 EPS of $0.10 missed consensus of $0.19 by 47.4%
- Total revenues and income of $200M, up 54% YoY from $130M
- Net income of $38M vs $102M YoY; excluding $81M Sunlight gain in prior year, net income rose 76%
- Adjusted EBITDA of $154M, up 17% YoY; excluding Sunlight gains, Adjusted EBITDA rose 58% to $142M
- Cash flow from operations of $100M, up 58% YoY
- Reaffirmed 2026 guidance: total revenues and income $755-785M (32% growth), Adjusted EBITDA $545-565M (27% growth)
- Portfolio grew to 41.2 FGW, up 8% from year-end 2025; mature portfolio at 11.6 FGW
- Raised ~$740M in financing during the quarter, including $422M equity issuance and $304M project financing
- U.S. segment revenues and income doubled to $74M, driven by new projects and tax benefits
Financial Impact
EPS miss of $0.09 vs consensus; revenue beat of ~$200M vs $594.5M consensus (note: revenue consensus appears misaligned with reported metric — total revenues and income of $200M vs $594.5M suggests consensus may have been for annual figure or different metric)
Risk Factors
- EPS miss of 47% vs consensus may pressure the stock near-term
- Equity issuance of ~6M shares dilutes existing shareholders
- Geopolitical instability in Israel and Europe could delay projects
- Interest rate sensitivity and currency fluctuations (USD/ILS, EUR) impact reported results
- Execution risk on 3 FGW of new construction starts planned for remainder of 2026
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3287442 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | Press Release | $70.44 | awaiting T+20 | — | $69.36 (−1.53%) |
Oct 13, 2026 13d ago | 6-K | $70.44 | awaiting T+20 | — | $69.36 (−1.53%) |
Oct 5, 2026 21d ago | Insider Cluster | $65.94 | awaiting T+20 | — | $69.36 (+5.19%) |
Aug 24, 2026 9w ago | 6-K | $77.64 $75.35 | ▼ −2.94% | ▼ −2.96% | $69.36 (−10.66%) |
Aug 4, 2026 11w ago | 6-K | $90.54 $74.93 | ▼ −17.24% | ▼ −16.00% | $69.36 (−23.39%) |
Aug 4, 2026 11w ago | Press Release | $90.54 $74.93 | ▼ −17.24% | ▼ −16.00% | $69.36 (−23.39%) |
Jul 8, 2026 15w ago | Press Release | $83.55 $82.39 | ▼ −1.39% | ▼ −4.66% | $69.36 (−16.98%) |
Jul 8, 2026 15w ago | 6-K | $83.55 $82.39 | ▼ −1.39% | ▼ −4.66% | $69.36 (−16.98%) |
Jun 25, 2026 17w ago | 6-K | $88.41 $90.20 | ▲ +2.02% | ▲ +1.50% | $69.36 (−21.55%) |
Jun 2, 2026 20w ago | Insider Cluster | $104.56 $87.09 | ▼ −16.71% | ▼ −15.14% | $69.36 (−33.66%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers