vs

Side-by-side financial comparison of Enlight Renewable Energy Ltd. (ENLT) and ORMAT TECHNOLOGIES, INC. (ORA). Click either name above to swap in a different company.

ORMAT TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($403.9M vs $109.5M, roughly 3.7× 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.

Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and installed over 3,200 MW of output. As of January 2021 it owns and operates 933 MW of geothermal and recovered energy based power plants. Ormat has supplied over 1000 turbochargers worldwide, in North America, South America, Europe, Australia, and Asia. The company's products also includ...

ENLT vs ORA — Head-to-Head

Bigger by revenue
ORA
ORA
3.7× larger
ORA
$403.9M
$109.5M
ENLT

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ENLT
ENLT
ORA
ORA
Revenue
$109.5M
$403.9M
Net Profit
$44.1M
Gross Margin
29.8%
Operating Margin
60.1%
19.9%
Net Margin
10.9%
Revenue YoY
75.8%
Net Profit YoY
9.2%
EPS (diluted)
$123305879.00
$0.71

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
ORA
ORA
Q1 26
$403.9M
Q4 25
$109.5M
$276.0M
Q3 25
$249.7M
Q2 25
$84.7M
$234.0M
Q1 25
$90.4M
$229.8M
Q4 24
$73.8M
$230.7M
Q3 24
$58.3M
$211.8M
Q2 24
$52.6M
$213.0M
Net Profit
ENLT
ENLT
ORA
ORA
Q1 26
$44.1M
Q4 25
$31.4M
Q3 25
$24.1M
Q2 25
$28.0M
Q1 25
$40.4M
Q4 24
$40.8M
Q3 24
$22.1M
Q2 24
$22.2M
Gross Margin
ENLT
ENLT
ORA
ORA
Q1 26
29.8%
Q4 25
28.6%
Q3 25
25.6%
Q2 25
24.3%
Q1 25
31.7%
Q4 24
31.9%
Q3 24
48.9%
27.8%
Q2 24
55.5%
28.8%
Operating Margin
ENLT
ENLT
ORA
ORA
Q1 26
19.9%
Q4 25
60.1%
15.4%
Q3 25
16.2%
Q2 25
41.2%
15.1%
Q1 25
47.4%
22.2%
Q4 24
58.1%
21.3%
Q3 24
73.2%
16.8%
Q2 24
63.7%
16.5%
Net Margin
ENLT
ENLT
ORA
ORA
Q1 26
10.9%
Q4 25
11.4%
Q3 25
9.7%
Q2 25
12.0%
Q1 25
17.6%
Q4 24
17.7%
Q3 24
10.4%
Q2 24
10.4%
EPS (diluted)
ENLT
ENLT
ORA
ORA
Q1 26
$0.71
Q4 25
$123305879.00
$0.51
Q3 25
$0.39
Q2 25
$125866004.00
$0.46
Q1 25
$122889909.00
$0.66
Q4 24
$0.67
Q3 24
$125866004.00
$0.36
Q2 24
$125873060.00
$0.37

Balance Sheet & Financial Strength

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

Metric
ENLT
ENLT
ORA
ORA
Cash + ST InvestmentsLiquidity on hand
$654.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
Total Assets
$6.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENLT
ENLT
ORA
ORA
Q1 26
$654.6M
Q4 25
$147.4M
Q3 25
$79.6M
Q2 25
$88.5M
Q1 25
$112.7M
Q4 24
$387.4M
$94.4M
Q3 24
$88.1M
Q2 24
$66.3M
Total Debt
ENLT
ENLT
ORA
ORA
Q1 26
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.3B
Q3 24
Q2 24
Stockholders' Equity
ENLT
ENLT
ORA
ORA
Q1 26
$2.7B
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$1.4B
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Total Assets
ENLT
ENLT
ORA
ORA
Q1 26
$6.8B
Q4 25
$6.2B
Q3 25
$6.1B
Q2 25
$6.0B
Q1 25
$5.8B
Q4 24
$5.5B
$5.7B
Q3 24
$5.6B
Q2 24
$5.5B
Debt / Equity
ENLT
ENLT
ORA
ORA
Q1 26
Q4 25
1.05×
Q3 25
Q2 25
Q1 25
Q4 24
0.97×
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%

ORA
ORA

Electricity$181.6M45%
Product$177.4M44%
Energy storage$44.9M11%

Related Comparisons