Clearway Energy, Inc. (CWEN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 354M | 310M | 429M | 392M | 298M | 256M | 486M | 366M | 263M | 249M | 371M | 406M | 288M | 268M | 340M | 368M | 214M | 318M | 351M | 380M |
| Revenue Growth % | 18.79% | 21.09% | -11.73% | 7.1% | 13.31% | 2.81% | 31% | -9.85% | -8.68% | -7.09% | 9.12% | 10.33% | 34.58% | -15.72% | -3.13% | -3.16% | -9.7% | 13.57% | 5.72% | 15.5% |
| Cost of Revenue | 134M | 329M | 128M | 131M | 122M | 123M | 135M | 117M | 126M | 113M | 134M | 118M | 108M | 97M | 98M | 112M | 128M | 117M | 117M | 107M |
| Gross Profit | 220M | -19M | 301M | 261M | 176M | 133M | 351M | 249M | 137M | 136M | 237M | 288M | 180M | 171M | 242M | 256M | 86M | 201M | 234M | 273M |
| Gross Margin % | 62.15% | -6.13% | 70.16% | 66.58% | 59.06% | 51.95% | 72.22% | 68.03% | 52.09% | 54.62% | 63.88% | 70.94% | 62.5% | 63.81% | 71.18% | 69.57% | 40.19% | 63.21% | 66.67% | 71.84% |
| Gross Profit Growth % | 25% | -114.29% | -14.24% | 4.82% | 28.47% | -2.21% | 48.1% | -13.54% | -23.89% | -20.47% | -2.07% | 12.5% | 109.3% | -14.93% | 3.42% | -6.23% | -32.28% | 6.35% | -1.27% | 12.81% |
| Operating Expenses | 193M | 10M | 189M | 176M | 173M | 170M | 173M | 165M | 166M | 158M | 143M | 139M | 138M | 159M | 137M | -1.15B | 139M | 142M | 145M | 140M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 258M | 205M | 337M | 293M | 209M | 164M | 388M | 282M | 171M | 161M | 272M | 324M | 217M | 194M | 275M | 1.57B | 113M | 220M | 257M | 299M |
| EBITDA Margin % | 72.88% | 66.13% | 78.55% | 74.74% | 70.13% | 64.06% | 79.84% | 77.05% | 65.02% | 64.66% | 73.32% | 79.8% | 75.35% | 72.39% | 80.88% | 427.17% | 52.8% | 69.18% | 73.22% | 78.68% |
| EBITDA Growth % | 23.45% | 25% | -13.14% | 3.9% | 22.22% | 1.86% | 42.65% | -12.96% | -21.2% | -17.01% | -1.09% | -79.39% | 92.04% | -11.82% | 7% | 425.75% | -22.6% | 22.91% | 4.05% | 19.6% |
| Depreciation & Amortization | 231M | 234M | 225M | 208M | 206M | 201M | 210M | 198M | 200M | 183M | 178M | 175M | 175M | 182M | 170M | 166M | 166M | 161M | 168M | 166M |
| D&A / Revenue % | 65.25% | 75.48% | 52.45% | 53.06% | 69.13% | 78.52% | 43.21% | 54.1% | 76.05% | 73.49% | 47.98% | 43.1% | 60.76% | 67.91% | 50% | 45.11% | 77.57% | 50.63% | 47.86% | 43.68% |
| Operating Income (EBIT) | 27M | -29M | 112M | 85M | 3M | -37M | 178M | 84M | -29M | -22M | 94M | 149M | 42M | 12M | 105M | 1.41B | -53M | 59M | 89M | 133M |
| Operating Margin % | 7.63% | -9.35% | 26.11% | 21.68% | 1.01% | -14.45% | 36.63% | 22.95% | -11.03% | -8.84% | 25.34% | 36.7% | 14.58% | 4.48% | 30.88% | 382.07% | -24.77% | 18.55% | 25.36% | 35% |
| Operating Income Growth % | 800% | 21.62% | -37.08% | 1.19% | 110.34% | -68.18% | 89.36% | -43.62% | -169.05% | -283.33% | -10.48% | -89.4% | 179.25% | -79.66% | 17.98% | 957.14% | -278.57% | 110.71% | -27.64% | 2.31% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.31x | -0.30x | 1.30x | 1.20x | 0.10x | -1.09x | 1.43x | 1.16x | -0.04x | -0.05x | 2.50x | 2.93x | 0.47x | 0.22x | 2.53x | 30.23x | -1.09x | 0.60x | 1.31x | 1.38x |
| Interest / Revenue % | 0.28% | 0.32% | 0.23% | 0.26% | 0.34% | 0.39% | 0.21% | 0.27% | 0.38% | 0.4% | 0.27% | 0.25% | 0.35% | 0.37% | 0.29% | 0.27% | 0.47% | 0.31% | 0.28% | 0.26% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | -70M | -117M | 29M | 17M | -104M | -48M | 60M | 14M | -59M | -142M | 72M | 106M | -52M | -69M | 75M | 1.37B | -98M | -32M | 26M | 39M |
| Pretax Margin % | -19.77% | -37.74% | 6.76% | 4.34% | -34.9% | -18.75% | 12.35% | 3.83% | -22.43% | -57.03% | 19.41% | 26.11% | -18.06% | -25.75% | 22.06% | 373.37% | -45.79% | -10.06% | 7.41% | 10.26% |
| Income Tax | -2M | 82M | -31M | 5M | 0 | 0 | 33M | 10M | -13M | -69M | 57M | 22M | -12M | -15M | 13M | 225M | -1M | 24M | 1M | 7M |
| Effective Tax Rate % | 2.86% | -70.09% | -106.9% | 29.41% | 0% | 0% | 55% | 71.43% | 22.03% | 48.59% | 79.17% | 20.75% | 23.08% | 21.74% | 17.33% | 16.38% | 1.02% | -75% | 3.85% | 17.95% |
| Net Income | -163M | -104M | 236M | 33M | 4M | 3M | 36M | 51M | -2M | 37M | 4M | 38M | 0 | 12M | 32M | 570M | -32M | -8M | 21M | 35M |
| Net Margin % | -46.05% | -33.55% | 55.01% | 8.42% | 1.34% | 1.17% | 7.41% | 13.93% | -0.76% | 14.86% | 1.08% | 9.36% | 0% | 4.48% | 9.41% | 154.89% | -14.95% | -2.52% | 5.98% | 9.21% |
| Net Income Growth % | -4175% | -3566.67% | 555.56% | -35.29% | 300% | -91.89% | 800% | 34.21% | - | 208.33% | -87.5% | -93.33% | 100% | 250% | 52.38% | 1528.57% | -1166.67% | 68% | -34.38% | -25.53% |
| EPS (Diluted) | -1.37 | -0.87 | 2.00 | 0.28 | 0.03 | 0.03 | 0.31 | 0.43 | -0.02 | 0.32 | 0.03 | 0.33 | 0.00 | 0.10 | 0.28 | 4.89 | -0.27 | -0.07 | 0.18 | 0.30 |
| EPS Growth % | -4666.67% | -3525.2% | 545.16% | -34.88% | 275.44% | -92.06% | 933.33% | 30.3% | - | 220% | -89.29% | -93.25% | 100% | 246.2% | 55.56% | 1530% | -1000% | 68.91% | -33.33% | -26.83% |
| EPS (Basic) | -1.37 | -0.87 | 2.00 | 0.28 | 0.03 | 0.03 | 0.31 | 0.43 | -0.02 | 0.32 | 0.03 | 0.33 | 0.00 | 0.10 | 0.28 | 4.89 | -0.27 | -0.07 | 0.18 | 0.30 |
| Diluted Shares Outstanding | 119M | 119.46M | 118M | 118M | 118M | 118M | 118M | 117M | 117M | 117M | 117M | 117M | 117M | 117M | 117M | 117M | 117M | 117M | 117M | 117M |