Clearway Energy (CWEN)
Acquires and holds PPA-contracted US wind, solar, storage and gas generation via sponsor dropdowns.
$30.52
vs last close−0.13 (−0.42%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 371 | 249 | 263 | 366 | 486 | 256 | 298 | 392 | 429 | 310 | 354 | 481 |
| Cost of revenue | 134 | 113 | 126 | 117 | 135 | 123 | 122 | 131 | 128 | 329 | 134 | 149 |
| Gross profit | 237 | 136 | 137 | 249 | 351 | 133 | 176 | 261 | 301 | −19 | 220 | 332 |
| 143 | 158 | 166 | 165 | 173 | 170 | 173 | 176 | 189 | 10 | 193 | 216 | |
| 9 | 8 | 11 | 9 | 9 | 10 | 10 | 11 | 10 | 10 | 11 | 15 | |
| General & administrative | 9 | 8 | 11 | 9 | 9 | 10 | 10 | 11 | 10 | 10 | 11 | 15 |
| Other expenses | 134 | 150 | 155 | 156 | 164 | 160 | 163 | 165 | 179 | 0 | 182 | 201 |
| Operating income | 94 | −22 | −29 | 84 | 178 | −37 | 3 | 85 | 112 | −29 | 27 | 116 |
| −22 | −120 | −30 | −70 | −118 | −11 | −107 | −68 | −83 | −88 | −97 | −89 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| Interest expense | 48 | 135 | 57 | 88 | 139 | 23 | 116 | 83 | 98 | 90 | 101 | 112 |
| Other non-operating income | −26 | −15 | −27 | −18 | −21 | −12 | −9 | −15 | −15 | −2 | −4 | 16 |
| Income before tax | 72 | −142 | −59 | 14 | 60 | −48 | −104 | 17 | 29 | −117 | −70 | 27 |
| Income tax expense | 57 | −69 | −13 | 10 | 33 | 0 | 0 | 5 | −31 | 82 | −2 | −3 |
| Net income from continuing operations | 15 | −73 | −46 | 4 | 27 | −48 | −104 | 12 | 60 | −199 | −68 | 30 |
| Net income | 4 | 37 | −2 | 51 | 36 | 3 | 4 | 33 | 236 | −104 | −163 | 122 |
| EPS, basic | $0.03 | $0.32 | −$0.02 | $0.43 | $0.31 | $0.03 | $0.03 | $0.28 | $2.00 | −$0.87 | −$1.37 | $1.00 |
| EPS, diluted | $0.03 | $0.32 | −$0.02 | $0.43 | $0.31 | $0.03 | $0.03 | $0.28 | $2.00 | −$0.87 | −$1.37 | $1.00 |
| Weighted average shares, basic | 117 | 117 | 117 | 117 | 118 | 118 | 118 | 118 | 118 | 119 | 119 | 121 |
| Weighted average shares, diluted | 117 | 117 | 117 | 117 | 118 | 118 | 118 | 118 | 118 | 119 | 119 | 121 |
| EBITDA | 298 | 176 | 198 | 300 | 409 | 176 | 218 | 308 | 352 | 207 | 262 | 296 |
| Depreciation & amortization | 178 | 183 | 200 | 198 | 210 | 201 | 206 | 208 | 225 | 234 | 231 | 196 |
| EBIT | 120 | −7 | −2 | 102 | 199 | −25 | 12 | 100 | 127 | −27 | 31 | 100 |
