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Clearway Energy, Inc. CWEN Energy Revenue — Total operating revenues

Other product segments

Capacity Revenue
$97M+14.1%
Other revenue
$16M-20.0%

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Other financials

Income statement

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Revenue$354.0M+18.8%
Gross profit$351.0M+48.1%
Operating income$20.0M
Net income-$163.0M-5,333%
EPS (diluted)-$1.35-6,650%

Balance sheet

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Cash & equivalents$680.0M-4.4%
Total debt$9.9B+21.0%
Total equity$5.5B+1.5%
Total assets$16.9B+15.6%

Cash flow

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Operating cash flow$401.0M+322%
CapEx$75.0M+33.9%
Free cash flow$326.0M+736%

Valuation

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Market cap$6.74B+89.3%
Enterprise value$16.01B+32.0%
P/S4.5×+2.1×

Profitability

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Gross margin63.4%-1.5pp
Operating margin17.1%-5.2pp
Net margin-6.7%-12.9pp
FCF margin44.2%+5.8pp

Returns & leverage

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Return on equity-1.8%-3.5pp
Debt / equity1.8×+0.3×
Current ratio1.1×-0.4×

Where this comes from

Reported directly by Clearway Energy, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Clearway Energy, Inc.’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032385
(In millions)Three months ended March 31, 2026 / Flexible GenerationThree months ended March 31, 2026 / Renewables & StorageTotal
Energy revenue (a)$7$254$261
Capacity revenue (a)653297
Other revenues11516
Contract amortization(5)(45)(50)
Mark-to-market for economic hedges(7)3730
Total operating revenues61293354
Less: Contract amortization54550
Less: Mark-to-market for economic hedges7(37)(30)

Item 1. — FINANCIAL STATEMENTS AND NOTES

FAQ

What is Clearway Energy, Inc.'s energy revenue — total operating revenues?
Clearway Energy, Inc. (CWEN) reported energy revenue — total operating revenues of $261M in Q1 2026.
How has Clearway Energy, Inc.'s energy revenue — total operating revenues changed year-over-year?
Clearway Energy, Inc.'s energy revenue — total operating revenues increased by 5.2% year-over-year, from $248M to $261M.
What is the long-term trend for Clearway Energy, Inc.'s energy revenue — total operating revenues?
Over 4 years (2021 to 2025), Clearway Energy, Inc.'s energy revenue — total operating revenues has grown at a 6.9% compound annual growth rate (CAGR), from $915M to $1.2B.
What does energy revenue — total operating revenues mean?
This metric represents the total gross revenue generated from all energy-related operations within a specific business segment. It serves as a primary indicator of the scale and market activity of the company's power generation and infrastructure assets. Investors use this to assess the top-line performance and revenue contribution of the segment relative to the total enterprise.

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