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Clearway Energy, Inc. CWEN Flexible Generation — G&A

Other segment segments

Renewables & Storage
$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:GeneralAndAdministrativeExpense.

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 — G&A?
Clearway Energy, Inc. (CWEN) reported flexible generation — G&A of $0 in Q1 2026.
What does flexible generation — G&A mean?
Includes the overhead costs and corporate expenses directly attributable to the management and administration of the flexible generation segment. This metric covers items such as personnel, office expenses, and professional fees that are not directly tied to the physical production of power. It provides visibility into the segment's fixed cost structure and management efficiency.

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