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Side-by-side financial comparison of Enlight Renewable Energy Ltd. (ENLT) and GCL Global Holdings Ltd (GCL). 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 $98.7M, roughly 1.1× GCL Global Holdings 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.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

ENLT vs GCL — Head-to-Head

Bigger by revenue
ENLT
ENLT
1.1× larger
ENLT
$109.5M
$98.7M
GCL

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
ENLT
ENLT
GCL
GCL
Revenue
$109.5M
$98.7M
Net Profit
$-5.1M
Gross Margin
11.0%
Operating Margin
60.1%
-6.7%
Net Margin
-5.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$123305879.00
$-0.04

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
GCL
GCL
Q4 25
$109.5M
Q3 25
$98.7M
Q2 25
$84.7M
$142.1M
Q1 25
$90.4M
Q4 24
$73.8M
Q3 24
$58.3M
$36.1M
Q2 24
$52.6M
Q1 24
$71.0M
Net Profit
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
$-5.1M
Q2 25
$5.6M
Q1 25
Q4 24
Q3 24
$-1.9M
Q2 24
Q1 24
Gross Margin
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
11.0%
Q2 25
15.0%
Q1 25
Q4 24
Q3 24
48.9%
16.2%
Q2 24
55.5%
Q1 24
67.6%
Operating Margin
ENLT
ENLT
GCL
GCL
Q4 25
60.1%
Q3 25
-6.7%
Q2 25
41.2%
2.3%
Q1 25
47.4%
Q4 24
58.1%
Q3 24
73.2%
-5.6%
Q2 24
63.7%
Q1 24
55.0%
Net Margin
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
-5.2%
Q2 25
3.9%
Q1 25
Q4 24
Q3 24
-5.2%
Q2 24
Q1 24
EPS (diluted)
ENLT
ENLT
GCL
GCL
Q4 25
$123305879.00
Q3 25
$-0.04
Q2 25
$125866004.00
$0.05
Q1 25
$122889909.00
Q4 24
Q3 24
$125866004.00
Q2 24
$125873060.00
Q1 24
$117820495.00

Balance Sheet & Financial Strength

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

Metric
ENLT
ENLT
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$16.6M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
Total Assets
$159.9M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
$16.6M
Q2 25
$18.2M
Q1 25
Q4 24
$387.4M
Q3 24
$2.7M
Q2 24
Q1 24
Total Debt
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
$33.1M
Q2 25
$35.9M
Q1 25
Q4 24
$1.4B
Q3 24
$15.9M
Q2 24
Q1 24
Total Assets
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
$159.9M
Q2 25
$101.6M
Q1 25
Q4 24
$5.5B
Q3 24
$49.6M
Q2 24
Q1 24
Debt / Equity
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
GCL
GCL
Operating Cash FlowLast quarter
$-4.8M
Free Cash FlowOCF − Capex
$-5.2M
FCF MarginFCF / Revenue
-5.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
$-4.8M
Q2 25
$-10.3M
Q1 25
Q4 24
$255.3M
Q3 24
$6.1M
Q2 24
Q1 24
Free Cash Flow
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
$-5.2M
Q2 25
$-10.5M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
-5.3%
Q2 25
-7.4%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
0.4%
Q2 25
0.1%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
ENLT
ENLT
GCL
GCL
Q4 25
Q3 25
Q2 25
-1.84×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 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%

GCL
GCL

Segment breakdown not available.

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