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

Udemy, Inc. is the larger business by last-quarter revenue ($194.0M vs $109.5M, roughly 1.8× 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.

Udemy is a US-based education technology company. Founded as a massive open online course (MOOC) provider in 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar; the company is based in San Francisco, California, with offices in the United States, Australia, India, Ireland, Mexico and Turkey. Its education platform allows both the creation and sharing of online courses. By early 2025, Udemy claimed to have millions of individual users. Courses are typically video-based and on-demand.

ENLT vs UDMY — Head-to-Head

Bigger by revenue
UDMY
UDMY
1.8× larger
UDMY
$194.0M
$109.5M
ENLT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ENLT
ENLT
UDMY
UDMY
Revenue
$109.5M
$194.0M
Net Profit
$-2.3M
Gross Margin
66.0%
Operating Margin
60.1%
-1.8%
Net Margin
-1.2%
Revenue YoY
-3.0%
Net Profit YoY
76.4%
EPS (diluted)
$123305879.00
$-0.01

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
UDMY
UDMY
Q4 25
$109.5M
$194.0M
Q3 25
$195.7M
Q2 25
$84.7M
$199.9M
Q1 25
$90.4M
$200.3M
Q4 24
$73.8M
$199.9M
Q3 24
$58.3M
$195.4M
Q2 24
$52.6M
$194.4M
Q1 24
$71.0M
$196.8M
Net Profit
ENLT
ENLT
UDMY
UDMY
Q4 25
$-2.3M
Q3 25
$1.6M
Q2 25
$6.3M
Q1 25
$-1.8M
Q4 24
$-9.9M
Q3 24
$-25.3M
Q2 24
$-31.8M
Q1 24
$-18.3M
Gross Margin
ENLT
ENLT
UDMY
UDMY
Q4 25
66.0%
Q3 25
65.9%
Q2 25
66.1%
Q1 25
64.6%
Q4 24
63.6%
Q3 24
48.9%
63.0%
Q2 24
55.5%
62.3%
Q1 24
67.6%
61.2%
Operating Margin
ENLT
ENLT
UDMY
UDMY
Q4 25
60.1%
-1.8%
Q3 25
-0.1%
Q2 25
41.2%
2.0%
Q1 25
47.4%
-2.2%
Q4 24
58.1%
-5.8%
Q3 24
73.2%
-15.1%
Q2 24
63.7%
-13.1%
Q1 24
55.0%
-11.5%
Net Margin
ENLT
ENLT
UDMY
UDMY
Q4 25
-1.2%
Q3 25
0.8%
Q2 25
3.1%
Q1 25
-0.9%
Q4 24
-4.9%
Q3 24
-12.9%
Q2 24
-16.4%
Q1 24
-9.3%
EPS (diluted)
ENLT
ENLT
UDMY
UDMY
Q4 25
$123305879.00
$-0.01
Q3 25
$0.01
Q2 25
$125866004.00
$0.04
Q1 25
$122889909.00
$-0.01
Q4 24
$-0.06
Q3 24
$125866004.00
$-0.17
Q2 24
$125873060.00
$-0.21
Q1 24
$117820495.00
$-0.12

Balance Sheet & Financial Strength

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

Metric
ENLT
ENLT
UDMY
UDMY
Cash + ST InvestmentsLiquidity on hand
$358.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$210.5M
Total Assets
$617.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENLT
ENLT
UDMY
UDMY
Q4 25
$358.7M
Q3 25
$371.2M
Q2 25
$392.0M
Q1 25
$357.0M
Q4 24
$387.4M
$354.4M
Q3 24
$357.1M
Q2 24
$420.9M
Q1 24
$430.7M
Stockholders' Equity
ENLT
ENLT
UDMY
UDMY
Q4 25
$210.5M
Q3 25
$221.8M
Q2 25
$233.4M
Q1 25
$209.4M
Q4 24
$1.4B
$197.4M
Q3 24
$196.3M
Q2 24
$252.3M
Q1 24
$296.5M
Total Assets
ENLT
ENLT
UDMY
UDMY
Q4 25
$617.7M
Q3 25
$618.9M
Q2 25
$644.0M
Q1 25
$639.0M
Q4 24
$5.5B
$605.6M
Q3 24
$608.9M
Q2 24
$671.9M
Q1 24
$708.5M

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
UDMY
UDMY
Operating Cash FlowLast quarter
$15.5M
Free Cash FlowOCF − Capex
$15.0M
FCF MarginFCF / Revenue
7.7%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$81.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENLT
ENLT
UDMY
UDMY
Q4 25
$15.5M
Q3 25
$15.7M
Q2 25
$44.2M
Q1 25
$12.2M
Q4 24
$255.3M
$9.6M
Q3 24
$-6.1M
Q2 24
$28.6M
Q1 24
$21.0M
Free Cash Flow
ENLT
ENLT
UDMY
UDMY
Q4 25
$15.0M
Q3 25
$15.1M
Q2 25
$41.9M
Q1 25
$9.8M
Q4 24
$8.4M
Q3 24
$-6.7M
Q2 24
$28.2M
Q1 24
$20.8M
FCF Margin
ENLT
ENLT
UDMY
UDMY
Q4 25
7.7%
Q3 25
7.7%
Q2 25
21.0%
Q1 25
4.9%
Q4 24
4.2%
Q3 24
-3.4%
Q2 24
14.5%
Q1 24
10.6%
Capex Intensity
ENLT
ENLT
UDMY
UDMY
Q4 25
0.3%
Q3 25
0.3%
Q2 25
1.1%
Q1 25
1.2%
Q4 24
0.6%
Q3 24
0.3%
Q2 24
0.2%
Q1 24
0.1%
Cash Conversion
ENLT
ENLT
UDMY
UDMY
Q4 25
Q3 25
9.58×
Q2 25
7.06×
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%

UDMY
UDMY

Segment breakdown not available.

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