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

FTAI Infrastructure Inc. is the larger business by last-quarter revenue ($188.4M vs $109.5M, roughly 1.7× Enlight Renewable Energy Ltd.).

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.

FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.

ENLT vs FIP — Head-to-Head

Bigger by revenue
FIP
FIP
1.7× larger
FIP
$188.4M
$109.5M
ENLT

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ENLT
ENLT
FIP
FIP
Revenue
$109.5M
$188.4M
Net Profit
$-150.2M
Gross Margin
Operating Margin
60.1%
Net Margin
-79.7%
Revenue YoY
95.9%
Net Profit YoY
-387.6%
EPS (diluted)
$123305879.00
$-1.32

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
ENLT
ENLT
FIP
FIP
Q1 26
$188.4M
Q4 25
$109.5M
$143.5M
Q3 25
$140.6M
Q2 25
$84.7M
$122.3M
Q1 25
$90.4M
$96.2M
Q4 24
$73.8M
$80.8M
Q3 24
$58.3M
$83.3M
Q2 24
$52.6M
$84.9M
Net Profit
ENLT
ENLT
FIP
FIP
Q1 26
$-150.2M
Q4 25
$-97.7M
Q3 25
$-104.5M
Q2 25
$-70.0M
Q1 25
$120.2M
Q4 24
$-124.7M
Q3 24
$-43.0M
Q2 24
$-48.1M
Gross Margin
ENLT
ENLT
FIP
FIP
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
48.9%
Q2 24
55.5%
Operating Margin
ENLT
ENLT
FIP
FIP
Q1 26
Q4 25
60.1%
-45.7%
Q3 25
-70.8%
Q2 25
41.2%
-56.4%
Q1 25
47.4%
81.8%
Q4 24
58.1%
-152.7%
Q3 24
73.2%
-51.7%
Q2 24
63.7%
-56.4%
Net Margin
ENLT
ENLT
FIP
FIP
Q1 26
-79.7%
Q4 25
-68.1%
Q3 25
-74.4%
Q2 25
-57.2%
Q1 25
125.0%
Q4 24
-154.4%
Q3 24
-51.6%
Q2 24
-56.7%
EPS (diluted)
ENLT
ENLT
FIP
FIP
Q1 26
$-1.32
Q4 25
$123305879.00
$-1.04
Q3 25
$-1.38
Q2 25
$125866004.00
$-0.73
Q1 25
$122889909.00
$0.89
Q4 24
$-1.21
Q3 24
$125866004.00
$-0.45
Q2 24
$125873060.00
$-0.52

Balance Sheet & Financial Strength

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

Metric
ENLT
ENLT
FIP
FIP
Cash + ST InvestmentsLiquidity on hand
$37.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-122.5K
Total Assets
$5.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENLT
ENLT
FIP
FIP
Q1 26
$37.9M
Q4 25
$57.4M
Q3 25
$34.7M
Q2 25
$33.6M
Q1 25
$26.3M
Q4 24
$387.4M
$27.8M
Q3 24
$20.3M
Q2 24
$33.1M
Total Debt
ENLT
ENLT
FIP
FIP
Q1 26
Q4 25
$3.8B
Q3 25
$3.7B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.6B
Stockholders' Equity
ENLT
ENLT
FIP
FIP
Q1 26
$-122.5K
Q4 25
$21.3M
Q3 25
$181.1M
Q2 25
$375.5M
Q1 25
$476.2M
Q4 24
$1.4B
$202.7M
Q3 24
$370.8M
Q2 24
$394.8M
Total Assets
ENLT
ENLT
FIP
FIP
Q1 26
$5.7B
Q4 25
$5.7B
Q3 25
$5.5B
Q2 25
$4.4B
Q1 25
$4.1B
Q4 24
$5.5B
$2.4B
Q3 24
$2.4B
Q2 24
$2.5B
Debt / Equity
ENLT
ENLT
FIP
FIP
Q1 26
Q4 25
176.99×
Q3 25
20.59×
Q2 25
8.21×
Q1 25
5.79×
Q4 24
7.84×
Q3 24
4.14×
Q2 24
3.94×

Cash Flow & Capital Efficiency

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

Metric
ENLT
ENLT
FIP
FIP
Operating Cash FlowLast quarter
$-69.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENLT
ENLT
FIP
FIP
Q1 26
$-69.4M
Q4 25
$-2.8M
Q3 25
$-24.4M
Q2 25
$-5.2M
Q1 25
$-85.7M
Q4 24
$255.3M
$-8.1M
Q3 24
$14.2M
Q2 24
$-17.6M
Free Cash Flow
ENLT
ENLT
FIP
FIP
Q1 26
Q4 25
$-68.6M
Q3 25
$-90.7M
Q2 25
$-87.5M
Q1 25
$-151.7M
Q4 24
$-34.3M
Q3 24
$-11.7M
Q2 24
$-32.1M
FCF Margin
ENLT
ENLT
FIP
FIP
Q1 26
Q4 25
-47.8%
Q3 25
-64.5%
Q2 25
-71.6%
Q1 25
-157.7%
Q4 24
-42.4%
Q3 24
-14.0%
Q2 24
-37.9%
Capex Intensity
ENLT
ENLT
FIP
FIP
Q1 26
Q4 25
45.9%
Q3 25
47.2%
Q2 25
67.3%
Q1 25
68.6%
Q4 24
32.5%
Q3 24
31.1%
Q2 24
17.2%
Cash Conversion
ENLT
ENLT
FIP
FIP
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
-0.71×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENLT
ENLT

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

FIP
FIP

Segment breakdown not available.

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