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Clearway Energy, Inc. CWEN Renewables & Storage — CapEx

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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 cwen:CapitalExpenditures.

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
Income tax benefit(2)(2)
Net Loss(2)(15)(51)(68)
Less: Net income attributable to noncontrolling interests and redeemable noncontrolling interests484795
Net Loss Attributable to Clearway Energy, Inc.$(2)$(63)$(98)$(163)
Balance Sheet
Equity investments in affiliates$70$292$362
Capital expenditures (b)47882
Total Assets$1,784$14,984$163$16,931

Item 1. — FINANCIAL STATEMENTS AND NOTES

FAQ

What is Clearway Energy, Inc.'s renewables & storage — capex?
Clearway Energy, Inc. (CWEN) reported renewables & storage — capex of $78M in Q1 2026.
How has Clearway Energy, Inc.'s renewables & storage — capex changed year-over-year?
Clearway Energy, Inc.'s renewables & storage — capex increased by 116.7% year-over-year, from $36M to $78M.
What does renewables & storage — capex mean?
Measures the cash outflows used by the Renewables and Storage segment to acquire, upgrade, or maintain physical assets such as wind farms, solar arrays, and battery storage facilities. It is a critical indicator of the segment's commitment to long-term growth and infrastructure modernization.

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