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Clearway Energy, Inc. CWEN Noncontrolling interests in subsidiaries

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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$6.7B+93.9%
Enterprise value$15.96B+32.8%
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:MinorityInterest.

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 shares)March 31, 2026December 31, 2025
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued
Class A, Class B, Class C and Class D common stock, $0.01 par value; 3,000,000,000 shares authorized (Class A 500,000,000, Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 205,218,918 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 86,290,173, Class D 41,576,142) at March 31, 2026 and 203,773,674 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 84,844,929, Class D 41,576,142) at December 31, 202511
Additional paid-in capital1,7681,715
(Accumulated deficit) Retained earnings(6)213
Accumulated other comprehensive loss(5)
Noncontrolling interest3,7403,887
Total Stockholders’ Equity5,5035,811
Total Liabilities and Stockholders’ Equity$16,931$16,655

Item 1. — FINANCIAL STATEMENTS AND NOTES

FAQ

What is Clearway Energy, Inc.'s noncontrolling interests in subsidiaries?
Clearway Energy, Inc. (CWEN) reported noncontrolling interests in subsidiaries of $3.74B in Q1 2026.
How has Clearway Energy, Inc.'s noncontrolling interests in subsidiaries changed year-over-year?
Clearway Energy, Inc.'s noncontrolling interests in subsidiaries increased by 7.3% year-over-year, from $3.48B to $3.74B.
What is the long-term trend for Clearway Energy, Inc.'s noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Clearway Energy, Inc.'s noncontrolling interests in subsidiaries has grown at a 34.3% compound annual growth rate (CAGR), from $890M to $3.89B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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