The financials
Clearway Energy, Inc. by the numbers
Clearway Energy, Inc. (CWEN) reported revenue of $354M in Q1 2026 (quarter ended March 31, 2026), up 19% from the same quarter a year earlier. That came with a gross margin of 62% and net loss of $163M. For the full year FY2025, revenue was $1.43B (+4.2% year on year) and net income $169M. Its largest segment in 2026-Q2 was Renewables And Storage at $389M, 98% of the disclosed total, just ahead of Flexible Generation at 2.0%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $354M | $298M | +19% |
| Gross profit | $220M | $176M | +25% |
| Operating income | $20M | $0 | n/a |
| Net income | −$163M | −$3.0M | n/a |
| Operating | Revenue | Share |
|---|---|---|
| Renewables And Storage | $389M | 98% |
| Flexible Generation | $8.0M | 2.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $397.0M (+52%)
Flexible Generation grew +60% year on yearRenewables And Storage +17% year on year
Segment Latestquarter on quarteryear on year
- Renewables And Storage$389.0M$389.0MQoQ +53%year on year +17%+53%+17%
- Flexible Generation$8.0M$8.0MQoQ +14%year on year +60%+14%+60%
Utilities - Renewable
Ranks #2 of 5 by Smart Score