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Clearway Energy, Inc. CWEN Renewables & Storage — Operating Income (Loss)

Other segment segments

Flexible Generation
$3M-66.7%

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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:OperatingIncomeLoss.

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
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
Loss on debt extinguishment(2)(2)
Interest expense(8)(57)(36)(101)

Item 1. — FINANCIAL STATEMENTS AND NOTES

FAQ

What is Clearway Energy, Inc.'s renewables & storage — operating income (loss)?
Clearway Energy, Inc. (CWEN) reported renewables & storage — operating income (loss) of $36M in Q1 2026.
How has Clearway Energy, Inc.'s renewables & storage — operating income (loss) changed year-over-year?
Clearway Energy, Inc.'s renewables & storage — operating income (loss) increased by 800.0% year-over-year, from $4M to $36M.
What does renewables & storage — operating income (loss) mean?
Measures the profitability of the renewables and storage segment by subtracting operating expenses from total operating revenues. This is a key performance indicator for the segment's core operational health, excluding financing costs, taxes, and non-operating items.

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