Clearway Energy Financial Statements
NYSE: CWENUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Clearway Energy revenue and earnings
In fiscal 2025, Clearway Energy generated $1.43 billion in revenue, up 4.2% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $169.0 million (+92.0% year over year), for a net margin of 11.8% versus a median of 6.0% in the prior 5 years. Gross margin was 62.9% (down from 63.5%) and operating margin 11.2%.
Over the last 5 fiscal years, CWEN's revenue has grown at a 3.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Clearway Energy income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.43B | 1.37B | 1.31B | 1.19B | 1.29B | 1.20B | 1.03B | 1.05B | 1.01B | 1.03B |
| Revenue growth (YoY) | +4.23% | +4.34% | +10.42% | -7.47% | +7.26% | +16.18% | -1.99% | +4.36% | -2.51% | +6.92% |
| Cost of Revenue | 530.00M | 501.00M | 473.00M | 435.00M | 451.00M | 366.00M | 337.00M | 327.00M | 326.00M | 308.00M |
| Gross Profit | 899.00M | 870.00M | 841.00M | 755.00M | 835.00M | 833.00M | 695.00M | 726.00M | 683.00M | 727.00M |
| Operating Expenses | 739.00M | 674.00M | 578.00M | -715.00M | 568.00M | 500.00M | 471.00M | 379.00M | 326.00M | 308.00M |
| Operating Income | 160.00M | 196.00M | 263.00M | 1.47B | 267.00M | 333.00M | 224.00M | 347.00M | 283.00M | 222.00M |
| Interest Expense | 387.00M | 307.00M | 337.00M | 232.00M | 312.00M | 415.00M | 404.00M | 306.00M | 307.00M | 284.00M |
| Other Income (Expense) | -335.00M | -229.00M | -279.00M | -188.00M | -330.00M | -387.00M | -328.00M | -231.00M | -235.00M | -221.00M |
| Pretax Income | -175.00M | -33.00M | -16.00M | 1.28B | -63.00M | -54.00M | -104.00M | 116.00M | 48.00M | 1.00M |
| Income Tax | 56.00M | 30.00M | -2.00M | 222.00M | 12.00M | 8.00M | -8.00M | 62.00M | 72.00M | -1.00M |
| Net Income | 169.00M | 88.00M | 79.00M | 582.00M | 51.00M | 25.00M | -11.00M | 48.00M | -16.00M | 2.00M |
| Net Income growth (YoY) | +92.05% | +11.39% | -86.43% | +1041.18% | +104.00% | — | -122.92% | — | -900.00% | -97.22% |
| EPS (Basic) | — | 0.75 | 0.67 | 4.99 | 0.44 | 0.22 | -0.10 | 0.46 | — | — |
| EPS (Diluted) | — | 0.75 | 0.67 | 4.99 | 0.44 | 0.22 | -0.10 | 0.46 | — | — |
| Shares Outstanding (Diluted) | 35.00M | 35.00M | 35.00M | 35.00M | 35.00M | 35.00M | — | — | — | — |
| EBITDA | 842.00M | 823.00M | 789.00M | 1.98B | 776.00M | 761.00M | 625.00M | 683.00M | 617.00M | 525.00M |
| Gross Margin | 62.91% | 63.46% | 64.00% | 63.45% | 64.93% | 69.47% | 67.34% | 68.95% | 67.69% | 70.24% |
| Operating Margin | 11.20% | 14.30% | 20.02% | 123.53% | 20.76% | 27.77% | 21.71% | 32.95% | 28.05% | 21.45% |
| Net Margin | 11.83% | 6.42% | 6.01% | 48.91% | 3.97% | 2.09% | -107.00% | 4.56% | -1.59% | 19.00% |
This table shows 10 annual periods of Clearway Energy's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CWEN's reporting calendar. What is a income statement?