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Segments

By segment

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Renewables & Storage-$63M+10.0%
Flexible Generation-$2M-200%

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:ProfitLoss.

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, except per share amounts)Three months ended March 31, 20262025
Total other expense, net(90)(104)
Loss Before Income Taxes(70)(104)
Income tax benefit(2)
Net Loss(68)(104)
Less: Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests95(101)
Net Loss Attributable to Clearway Energy, Inc.$(163)$(3)
Loss Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders
Weighted average number of Class A common shares outstanding - basic and diluted3535

Item 1. — FINANCIAL STATEMENTS AND NOTES

FAQ

What is Clearway Energy, Inc.'s net income?
Clearway Energy, Inc. (CWEN) reported net income of -$68M in Q1 2026.
How has Clearway Energy, Inc.'s net income changed year-over-year?
Clearway Energy, Inc.'s net income increased by 34.6% year-over-year, from -$104M to -$68M.
What is the long-term trend for Clearway Energy, Inc.'s net income?
Over 4 years (2021 to 2025), Clearway Energy, Inc.'s net income has grown at a 31.2% compound annual growth rate (CAGR), from -$78M to -$231M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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