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Clearway Energy, Inc. CWEN Renewables & Storage — Equity in earnings of unconsolidated affiliates

Other segment segments

Flexible Generation
$2M

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ENBRenewable Power Generation — Income Loss From Equity Method Investments
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ETIntrastate Transportation And Storage — Equity in earnings of unconsolidated affiliates
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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$5.83B+33.6%
Enterprise value$15.09B+26.7%
P/S3.9×+0.8×

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:IncomeLossFromEquityMethodInvestments.

The official record: Clearway Energy, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clearway Energy, Inc.'s renewables & storage — equity in earnings of unconsolidated affiliates?
Clearway Energy, Inc. (CWEN) reported renewables & storage — equity in earnings of unconsolidated affiliates of $3M in Q1 2026.
How has Clearway Energy, Inc.'s renewables & storage — equity in earnings of unconsolidated affiliates changed year-over-year?
Clearway Energy, Inc.'s renewables & storage — equity in earnings of unconsolidated affiliates decreased by 40.0% year-over-year, from $5M to $3M.
What is the long-term trend for Clearway Energy, Inc.'s renewables & storage — equity in earnings of unconsolidated affiliates?
Over 2 years (2023 to 2025), Clearway Energy, Inc.'s renewables & storage — equity in earnings of unconsolidated affiliates has grown at a 82.6% compound annual growth rate (CAGR), from $9M to $30M.
What does renewables & storage — equity in earnings of unconsolidated affiliates mean?
Represents the segment's proportional share of net income or loss from investments in joint ventures or entities where the company does not have a controlling interest. It highlights the performance of strategic partnerships and non-wholly owned renewable energy projects.