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Clearway Energy, Inc. CWEN Renewables & Storage — Loss before income taxes

Other segment segments

Flexible Generation
-$2M-200%

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AMRCRenewable Fuels — Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
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LADRSecurities — Income (loss) before taxes
$16.45M-32.5%

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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
Other income, net1528
Loss on debt extinguishment(2)(2)
Interest expense(8)(57)(36)(101)
Loss before income taxes(2)(15)(53)(70)
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)

Item 1. — FINANCIAL STATEMENTS AND NOTES

FAQ

What is Clearway Energy, Inc.'s renewables & storage — loss before income taxes?
Clearway Energy, Inc. (CWEN) reported renewables & storage — loss before income taxes of -$15M in Q1 2026.
How has Clearway Energy, Inc.'s renewables & storage — loss before income taxes changed year-over-year?
Clearway Energy, Inc.'s renewables & storage — loss before income taxes increased by 78.6% year-over-year, from -$70M to -$15M.
What does renewables & storage — loss before income taxes mean?
Measures the pre-tax financial performance of the Renewables and Storage segment by aggregating all operating and non-operating revenues and expenses. A loss indicates that the segment's operational costs and financing burdens currently exceed its generated revenues.

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