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Side-by-side financial comparison of Certara, Inc. (CERT) and Enlight Renewable Energy Ltd. (ENLT). Click either name above to swap in a different company.

Enlight Renewable Energy Ltd. is the larger business by last-quarter revenue ($109.5M vs $103.6M, roughly 1.1× Certara, Inc.).

Certara is a global leader in biopharmaceutical software and consulting services, specializing in modeling, simulation, and regulatory science solutions. It serves pharmaceutical companies, biotech firms and healthcare stakeholders across all drug development stages, helping accelerate new therapy launches, lower R&D risks and cut overall development costs.

Enlight Renewable Energy is a publicly traded company, headquartered in Israel, that builds and operates solar and wind power facilities. Its shares are traded on the Tel Aviv Stock Exchange and on Nasdaq (ENLT) following the company’s United States initial public offering in February 2023. In addition to solar and wind, Enlight develops utility-scale energy storage and agrivoltaic projects integrating agricultural land use with photovoltaic generation.

CERT vs ENLT — Head-to-Head

Bigger by revenue
ENLT
ENLT
1.1× larger
ENLT
$109.5M
$103.6M
CERT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CERT
CERT
ENLT
ENLT
Revenue
$103.6M
$109.5M
Net Profit
$-5.9M
Gross Margin
Operating Margin
0.8%
60.1%
Net Margin
-5.7%
Revenue YoY
3.3%
Net Profit YoY
-189.6%
EPS (diluted)
$-0.04
$123305879.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CERT
CERT
ENLT
ENLT
Q4 25
$103.6M
$109.5M
Q3 25
$104.6M
Q2 25
$104.6M
$84.7M
Q1 25
$106.0M
$90.4M
Q4 24
$100.4M
$73.8M
Q3 24
$94.8M
$58.3M
Q2 24
$93.3M
$52.6M
Q1 24
$96.7M
$71.0M
Net Profit
CERT
CERT
ENLT
ENLT
Q4 25
$-5.9M
Q3 25
$1.5M
Q2 25
$-2.0M
Q1 25
$4.7M
Q4 24
$6.6M
Q3 24
$-1.4M
Q2 24
$-12.6M
Q1 24
$-4.7M
Gross Margin
CERT
CERT
ENLT
ENLT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
48.9%
Q2 24
55.5%
Q1 24
67.6%
Operating Margin
CERT
CERT
ENLT
ENLT
Q4 25
0.8%
60.1%
Q3 25
2.9%
Q2 25
9.1%
41.2%
Q1 25
7.2%
47.4%
Q4 24
6.0%
58.1%
Q3 24
2.7%
73.2%
Q2 24
-9.7%
63.7%
Q1 24
-1.3%
55.0%
Net Margin
CERT
CERT
ENLT
ENLT
Q4 25
-5.7%
Q3 25
1.5%
Q2 25
-1.9%
Q1 25
4.5%
Q4 24
6.6%
Q3 24
-1.4%
Q2 24
-13.5%
Q1 24
-4.8%
EPS (diluted)
CERT
CERT
ENLT
ENLT
Q4 25
$-0.04
$123305879.00
Q3 25
$0.01
Q2 25
$-0.01
$125866004.00
Q1 25
$0.03
$122889909.00
Q4 24
$0.04
Q3 24
$-0.01
$125866004.00
Q2 24
$-0.08
$125873060.00
Q1 24
$-0.03
$117820495.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CERT
CERT
ENLT
ENLT
Cash + ST InvestmentsLiquidity on hand
$189.4M
Total DebtLower is stronger
$293.1M
Stockholders' EquityBook value
$1.1B
Total Assets
$1.6B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CERT
CERT
ENLT
ENLT
Q4 25
$189.4M
Q3 25
$172.7M
Q2 25
$162.3M
Q1 25
$179.1M
Q4 24
$179.2M
$387.4M
Q3 24
$233.0M
Q2 24
$224.6M
Q1 24
$224.8M
Total Debt
CERT
CERT
ENLT
ENLT
Q4 25
$293.1M
Q3 25
$293.5M
Q2 25
$294.2M
Q1 25
$294.8M
Q4 24
$295.4M
Q3 24
$296.1M
Q2 24
$296.7M
Q1 24
$290.8M
Stockholders' Equity
CERT
CERT
ENLT
ENLT
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
$1.4B
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
$1.1B
Total Assets
CERT
CERT
ENLT
ENLT
Q4 25
$1.6B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.6B
Q4 24
$1.6B
$5.5B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Debt / Equity
CERT
CERT
ENLT
ENLT
Q4 25
0.28×
Q3 25
0.28×
Q2 25
0.27×
Q1 25
0.27×
Q4 24
0.28×
Q3 24
0.28×
Q2 24
0.28×
Q1 24
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CERT
CERT
ENLT
ENLT
Operating Cash FlowLast quarter
$28.8M
Free Cash FlowOCF − Capex
$27.8M
FCF MarginFCF / Revenue
26.8%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$94.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CERT
CERT
ENLT
ENLT
Q4 25
$28.8M
Q3 25
$32.3M
Q2 25
$17.8M
Q1 25
$17.4M
Q4 24
$49.4M
$255.3M
Q3 24
$17.0M
Q2 24
$9.8M
Q1 24
$4.3M
Free Cash Flow
CERT
CERT
ENLT
ENLT
Q4 25
$27.8M
Q3 25
$32.1M
Q2 25
$17.8M
Q1 25
$16.8M
Q4 24
$49.0M
Q3 24
$16.8M
Q2 24
$9.4M
Q1 24
$3.7M
FCF Margin
CERT
CERT
ENLT
ENLT
Q4 25
26.8%
Q3 25
30.7%
Q2 25
17.0%
Q1 25
15.8%
Q4 24
48.8%
Q3 24
17.7%
Q2 24
10.1%
Q1 24
3.8%
Capex Intensity
CERT
CERT
ENLT
ENLT
Q4 25
1.0%
Q3 25
0.2%
Q2 25
0.1%
Q1 25
0.6%
Q4 24
0.4%
Q3 24
0.2%
Q2 24
0.5%
Q1 24
0.6%
Cash Conversion
CERT
CERT
ENLT
ENLT
Q4 25
Q3 25
21.19×
Q2 25
Q1 25
3.66×
Q4 24
7.51×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CERT
CERT

Segment breakdown not available.

ENLT
ENLT

Segment adjusted EBITDA$99.7M91%
Tax benefits$10.1M9%

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