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

Strategy Inc is the larger business by last-quarter revenue ($123.0M vs $109.5M, roughly 1.1× 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.

Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence (BI) and mobile software. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP SE Busin...

ENLT vs MSTR — Head-to-Head

Bigger by revenue
MSTR
MSTR
1.1× larger
MSTR
$123.0M
$109.5M
ENLT

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
ENLT
ENLT
MSTR
MSTR
Revenue
$109.5M
$123.0M
Net Profit
Gross Margin
66.1%
Operating Margin
60.1%
Net Margin
Revenue YoY
1.9%
Net Profit YoY
EPS (diluted)
$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
ENLT
ENLT
MSTR
MSTR
Q4 25
$109.5M
$123.0M
Q3 25
$128.7M
Q2 25
$84.7M
$114.5M
Q1 25
$90.4M
$111.1M
Q4 24
$73.8M
$120.7M
Q3 24
$58.3M
$116.1M
Q2 24
$52.6M
$111.4M
Q1 24
$71.0M
$115.2M
Net Profit
ENLT
ENLT
MSTR
MSTR
Q4 25
Q3 25
$2.8B
Q2 25
$10.0B
Q1 25
$-4.2B
Q4 24
$-670.8M
Q3 24
$-340.2M
Q2 24
$-102.6M
Q1 24
$-53.1M
Gross Margin
ENLT
ENLT
MSTR
MSTR
Q4 25
66.1%
Q3 25
70.5%
Q2 25
68.8%
Q1 25
69.4%
Q4 24
71.7%
Q3 24
48.9%
70.4%
Q2 24
55.5%
72.2%
Q1 24
67.6%
74.0%
Operating Margin
ENLT
ENLT
MSTR
MSTR
Q4 25
60.1%
Q3 25
Q2 25
41.2%
Q1 25
47.4%
-5331.4%
Q4 24
58.1%
-842.1%
Q3 24
73.2%
-372.7%
Q2 24
63.7%
-179.7%
Q1 24
55.0%
-176.8%
Net Margin
ENLT
ENLT
MSTR
MSTR
Q4 25
Q3 25
2164.1%
Q2 25
8752.7%
Q1 25
-3797.2%
Q4 24
-555.8%
Q3 24
-293.1%
Q2 24
-92.0%
Q1 24
-46.1%
EPS (diluted)
ENLT
ENLT
MSTR
MSTR
Q4 25
$123305879.00
Q3 25
$8.42
Q2 25
$125866004.00
$32.60
Q1 25
$122889909.00
$-16.49
Q4 24
$4.49
Q3 24
$125866004.00
$-1.72
Q2 24
$125873060.00
$-0.57
Q1 24
$117820495.00
$-0.31

Balance Sheet & Financial Strength

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

Metric
ENLT
ENLT
MSTR
MSTR
Cash + ST InvestmentsLiquidity on hand
$2.3B
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$44.1B
Total Assets
$61.6B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENLT
ENLT
MSTR
MSTR
Q4 25
$2.3B
Q3 25
$54.3M
Q2 25
$50.1M
Q1 25
$60.3M
Q4 24
$387.4M
$38.1M
Q3 24
$46.3M
Q2 24
$66.9M
Q1 24
$81.3M
Total Debt
ENLT
ENLT
MSTR
MSTR
Q4 25
$8.2B
Q3 25
$8.2B
Q2 25
$8.2B
Q1 25
$8.1B
Q4 24
$7.2B
Q3 24
$4.2B
Q2 24
$3.8B
Q1 24
$3.6B
Stockholders' Equity
ENLT
ENLT
MSTR
MSTR
Q4 25
$44.1B
Q3 25
$52.3B
Q2 25
$47.5B
Q1 25
$32.2B
Q4 24
$1.4B
$18.2B
Q3 24
$3.8B
Q2 24
$2.8B
Q1 24
$2.4B
Total Assets
ENLT
ENLT
MSTR
MSTR
Q4 25
$61.6B
Q3 25
$73.6B
Q2 25
$64.8B
Q1 25
$43.9B
Q4 24
$5.5B
$25.8B
Q3 24
$8.3B
Q2 24
$7.1B
Q1 24
$6.4B
Debt / Equity
ENLT
ENLT
MSTR
MSTR
Q4 25
0.19×
Q3 25
0.16×
Q2 25
0.17×
Q1 25
0.25×
Q4 24
0.39×
Q3 24
1.12×
Q2 24
1.36×
Q1 24
1.48×

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%

MSTR
MSTR

Segment breakdown not available.

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