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Clearway Energy, Inc. CWEN Flexible Generation — Depreciation, amortization and accretion

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Renewables & Storage
$153M+13.3%

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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:DepreciationDepletionAndAmortization.

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)Flexible GenerationRenewables & StorageCorporate (a)Total
Operating revenues$61$293$354
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below30104134
Depreciation, amortization and accretion281531182
General and administrative1111
Transaction and integration costs77
Operating income (loss)336(19)20
Equity in earnings of unconsolidated affiliates235
Other income, net1528

Item 1. — FINANCIAL STATEMENTS AND NOTES

FAQ

What is Clearway Energy, Inc.'s flexible generation — depreciation, amortization and accretion?
Clearway Energy, Inc. (CWEN) reported flexible generation — depreciation, amortization and accretion of $28M in Q1 2026.
How has Clearway Energy, Inc.'s flexible generation — depreciation, amortization and accretion changed year-over-year?
Clearway Energy, Inc.'s flexible generation — depreciation, amortization and accretion decreased by 0.0% year-over-year, from $28M to $28M.
What is the long-term trend for Clearway Energy, Inc.'s flexible generation — depreciation, amortization and accretion?
Over 3 years (2022 to 2025), Clearway Energy, Inc.'s flexible generation — depreciation, amortization and accretion has grown at a -5.1% compound annual growth rate (CAGR), from $131M to $112M.
What does flexible generation — depreciation, amortization and accretion mean?
The non-cash allocation of the cost of tangible and intangible assets over their estimated useful lives within the flexible generation segment. This metric reflects the wear and tear or obsolescence of power plants and related infrastructure. It is a critical component for reconciling net income to cash flow from operations.

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