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Segments

By segment

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Renewables & Storage$36M+800%
Flexible Generation$3M-66.7%

Other financials

Income statement

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Revenue$354.0M+18.8%
Gross profit$351.0M+48.1%
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, except per share amounts)Three months ended March 31, 20262025
General and administrative1110
Transaction and integration costs73
Total operating costs and expenses334298
Operating Income20
Other Income (Expense)
Equity in earnings of unconsolidated affiliates55
Other income, net87
Loss on debt extinguishment(2)

Item 1. — FINANCIAL STATEMENTS AND NOTES

FAQ

What is Clearway Energy, Inc.'s operating income?
Clearway Energy, Inc. (CWEN) reported operating income of $20M in Q1 2026.
What is the long-term trend for Clearway Energy, Inc.'s operating income?
Over 2 years (2021 to 2023), Clearway Energy, Inc.'s operating income has grown at a 3.3% compound annual growth rate (CAGR), from $267M to $285M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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