Clearway Energy, Inc. (CWEN) Financial Statements
Industry: Electric Services
In fiscal 2025, Clearway Energy reported revenue of $1.43B, up 4.2% from $1.37B the year before. Net income was $169.0M (a 11.8% net margin), or $1.43 per diluted share. Gross margin was 62.9% and operating margin was 11.2%. Operating activities generated $688.0M of cash, leaving $369.0M of free cash flow. At fiscal year end, Clearway Energy held $16.66B in total assets against $10.74B in total liabilities, including $231.0M of cash and equivalents.
Open the full interactive Clearway Energy financials → Quarterly statements, key ratios, valuation history and price charts.
Clearway Energy Key Stats
| Share Price | $30.43 |
|---|---|
| Market Cap | $3.35B |
| P/E Ratio | 21.3 |
| Revenue YoY Growth | +4.2% |
| 52-Week Range | $28.90 – $40.64 |
| Shares Outstanding | 110.0 million (basic, 2026 Q2) |
Clearway Energy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.29B | $1.19B | $1.31B | $1.37B | $1.43B |
| Cost of Goods Sold | $866.0M | $1.02B | $1.01B | $1.05B | $1.18B | $1.27B |
| Gross Profit | $833.0M | $835.0M | $755.0M | $841.0M | $870.0M | $899.0M |
| Operating Income | $333.0M | $267.0M | $1.47B | $263.0M | $196.0M | $160.0M |
| Pre-Tax Income | -$54.0M | -$63.0M | $1.28B | -$16.0M | -$33.0M | -$175.0M |
| Income Tax | $8.0M | $12.0M | $222.0M | -$2.0M | $30.0M | $56.0M |
| Net Income | $25.0M | $51.0M | $582.0M | $79.0M | $88.0M | $169.0M |
| Diluted EPS | $0.22 | $0.44 | $4.99 | $0.67 | $0.75 | $1.43 |
Clearway Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $429.0M | $310.0M | $354.0M | $481.0M |
| Net Income | $236.0M | -$104.0M | -$163.0M | $122.0M |
| Diluted EPS | $2.00 | — | -$1.35 | $1.00 |
Clearway Energy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $268.0M | $179.0M | $657.0M | $535.0M | $332.0M | $231.0M |
| Current Assets | $708.0M | $1.53B | $1.28B | $1.56B | $1.07B | $1.15B |
| Total Assets | $10.59B | $12.81B | $12.31B | $14.70B | $14.33B | $16.66B |
| Current Liabilities | $634.0M | $1.63B | $617.0M | $906.0M | $718.0M | $1.02B |
| Total Long-Term Debt | $6.97B | $7.71B | $6.81B | $8.04B | $7.18B | $8.61B |
| Total Liabilities | $7.88B | $9.51B | $8.28B | $9.71B | $8.77B | $10.74B |
| Shareholders' Equity | $2.71B | $3.30B | $4.03B | $4.99B | $5.56B | $5.81B |
Clearway Energy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $545.0M | $701.0M | $787.0M | $702.0M | $770.0M | $688.0M |
| Cash From Investing | -$62.0M | -$865.0M | $1.06B | -$523.0M | -$725.0M | -$803.0M |
| Cash From Financing | -$435.0M | $367.0M | -$1.51B | -$124.0M | -$363.0M | $200.0M |
| Free Cash Flow | $421.0M | $550.0M | $675.0M | $490.0M | $483.0M | $369.0M |
Figures from Clearway Energy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Clearway Energy financials page for every line item.
Clearway Energy Company Profile
| Ticker | CWEN |
|---|---|
| Exchange | NYSE |
| Industry | Electric Services |
| Headquarters | Princeton, New Jersey |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001567683 |
Frequently Asked Questions
What was Clearway Energy's revenue in fiscal 2025?
Clearway Energy (CWEN) reported revenue of $1.43B for fiscal 2025.
What is Clearway Energy's annual revenue history?
Clearway Energy's annual revenue by fiscal year: 2020: $1.20B; 2021: $1.29B; 2022: $1.19B; 2023: $1.31B; 2024: $1.37B; 2025: $1.43B.
What was Clearway Energy's net income in fiscal 2025?
Clearway Energy reported net income of $169.0M for fiscal 2025.
What was Clearway Energy's earnings per share (EPS) in fiscal 2025?
Clearway Energy's diluted EPS was $1.43 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Clearway Energy generate in fiscal 2025?
Clearway Energy generated $369.0M of free cash flow in fiscal 2025.
What was Clearway Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Clearway Energy reported revenue of $481.0M.
How much debt does Clearway Energy have?
Clearway Energy reported $8.61B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Clearway Energy are outstanding?
Clearway Energy reported a weighted average of 110.0 million basic shares outstanding in 2026 Q2.
What is Clearway Energy's market cap?
Based on its latest closing price, Clearway Energy (CWEN) has a market capitalization of about $3.35B.
When does Clearway Energy's fiscal year end?
Clearway Energy's fiscal year end, as registered with the SEC, is December 31.
Where is Clearway Energy headquartered?
Clearway Energy lists its business address in Princeton, New Jersey in its SEC filings.