Clearway Energy Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Clearway Energy Inc reported revenue of $1.4B (+4.2% year on year) and net income of ($231.0M) (-266.7% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total operating revenues | $1.4B | $1.4B | $1.3B | $1.2B |
| Cost of operations, exclusive of depreciation, amortization and accretion shown separately below | $530.0M | $501.0M | $473.0M | $435.0M |
| Depreciation, amortization and accretion | $682.0M | $627.0M | $526.0M | $512.0M |
| Impairment losses | $0 | $0 | $12.0M | $16.0M |
| General and administrative | $41.0M | $39.0M | $36.0M | $40.0M |
| Transaction and integration costs | $16.0M | $8.0M | $4.0M | $7.0M |
| Total operating costs and expenses | $1.3B | $1.2B | $1.1B | $1.0B |
| Operating Income | $160.0M | $196.0M | $263.0M | $1.5B |
| Equity in earnings of unconsolidated affiliates | $31.0M | $35.0M | $12.0M | $29.0M |
| Other income, net | $29.0M | $48.0M | $52.0M | $17.0M |
| Loss on debt extinguishment | ($8.0M) | ($5.0M) | ($6.0M) | ($2.0M) |
| Interest expense | ($387.0M) | ($307.0M) | ($337.0M) | ($232.0M) |
| Total other expense, net | ($335.0M) | ($229.0M) | ($279.0M) | ($188.0M) |
| Loss Before Income Taxes | ($175.0M) | ($33.0M) | ($16.0M) | $1.3B |
| Income tax expense (benefit) | $56.0M | $30.0M | ($2.0M) | $222.0M |
| Net Loss | ($231.0M) | ($63.0M) | ($14.0M) | $1.1B |
| Less: Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | ($400.0M) | ($151.0M) | ($93.0M) | $478.0M |
| Net income attributable to Clearway Energy, Inc. | $169.0M | $88.0M | $79.0M | $582.0M |
| Weighted average number of shares outstanding - basic (in shares) | 119.0M | 118.0M | 117.0M | 117.0M |
| Weighted average number of common shares outstanding - diluted (in shares) | 35.0M | 35.0M | 35.0M | 35.0M |
| Earnings per weighted average common share - basic (in dollars per share) | $2.86 | $0.75 | $0.67 | $4.99 |
| Earnings per weighted average common share - diluted (in dollars per share) | $2.86 | $0.75 | $0.67 | $4.99 |
| Dividends per common share (in usd per share) | $3.54 | $3.30 | $3.08 | $2.86 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Total operating revenues | $481.0M | $354.0M | $429.0M | $392.0M |
| Cost of operations, exclusive of depreciation, amortization and accretion shown separately below | $149.0M | $134.0M | $128.0M | $131.0M |
| Depreciation, amortization and accretion | $196.0M | $182.0M | $176.0M | $163.0M |
| General and administrative | $15.0M | $11.0M | $10.0M | $11.0M |
| Transaction and integration costs | $5.0M | $7.0M | $3.0M | $2.0M |
| Total operating costs and expenses | $365.0M | $334.0M | $317.0M | $307.0M |
| Operating Income | $116.0M | $20.0M | $112.0M | $85.0M |
| Equity in earnings of unconsolidated affiliates | $11.0M | $5.0M | $15.0M | $7.0M |
| Other income, net | $8.0M | $8.0M | $7.0M | $8.0M |
| Loss on debt extinguishment | ($3.0M) | ($2.0M) | ($7.0M) | $0 |
| Interest expense | ($105.0M) | ($101.0M) | ($98.0M) | ($83.0M) |
| Total other expense, net | ($89.0M) | ($90.0M) | ($83.0M) | ($68.0M) |
| Income (Loss) Before Income Taxes | $27.0M | ($70.0M) | $29.0M | $17.0M |
| Income tax (benefit) expense | ($3.0M) | ($2.0M) | ($31.0M) | $5.0M |
| Net Income (Loss) | $30.0M | ($68.0M) | $60.0M | $12.0M |
| Less: Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests | ($92.0M) | $95.0M | ($176.0M) | ($21.0M) |
| Net Income (Loss) Attributable to Clearway Energy, Inc. | $122.0M | ($163.0M) | $236.0M | $33.0M |
| Weighted average number shares outstanding - basic (in shares) | 121.0M | 121.0M | 118.0M | 118.0M |
| Weighted average number of shares outstanding - diluted (in shares) | 121.0M | 121.0M | 118.0M | 118.0M |
| Earnings (Loss) Per Weighted Average Common Share - Basic (in dollars per share) | $2.00 | -$2.70 | $4.00 | $0.56 |
| Earnings (Loss) Per Weighted Average Common Share - Diluted (in dollars per share) | $2.00 | -$2.70 | $4.00 | $0.56 |
| Dividends Per Common Share (in dollars per share) | $0.47 | $0.92 | $0.89 | $0.88 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $231.0M | $332.0M | $535.0M | $657.0M |
| Restricted cash | $587.0M | $401.0M | $516.0M | $339.0M |
| Accounts receivable | $163.0M | $164.0M | $171.0M | $153.0M |
| Inventory | $75.0M | $64.0M | $55.0M | $47.0M |
| Derivative instruments | $29.0M | $39.0M | $41.0M | $26.0M |
| Prepayments and other current assets | $67.0M | $67.0M | $68.0M | $54.0M |
| Total current assets | $1.2B | $1.1B | $1.6B | $1.3B |
| Property, plant and equipment | $11.6B | $9.9B | $9.5B | $7.4B |
| Equity investments in affiliates | $291.0M | $309.0M | $360.0M | $364.0M |
| Intangible assets for power purchase agreements, net | $2.3B | $2.1B | $2.3B | $2.5B |
| Other intangible assets, net | $66.0M | $68.0M | $71.0M | $77.0M |
| Deferred income taxes | $172.0M | — | — | $0 |
| Derivative instruments | $127.0M | $136.0M | $82.0M | $63.0M |
| Right-of-use assets, net | $714.0M | $547.0M | $597.0M | $527.0M |
| Other non-current assets | $243.0M | $133.0M | $202.0M | $96.0M |
| Total other assets | $3.9B | $3.3B | $3.6B | $3.6B |
| Total Assets | $16.7B | $14.3B | $14.7B | $12.3B |
| Current portion of long-term debt | $708.0M | $430.0M | $558.0M | $322.0M |
| Accounts payable — trade | $95.0M | $82.0M | $130.0M | $55.0M |
| Other Liabilities, Current | $32.0M | $31.0M | $31.0M | — |
| Derivative instruments | $52.0M | $56.0M | $51.0M | $50.0M |
| Accrued interest expense | $52.0M | $53.0M | $57.0M | $54.0M |
| Accrued expenses and other current liabilities | $79.0M | $66.0M | $79.0M | $114.0M |
| Total current liabilities | $1.0B | $718.0M | $906.0M | $617.0M |
| Long-term debt | $7.9B | $6.8B | $7.5B | $6.5B |
| Deferred income taxes | $45.0M | $89.0M | $127.0M | $119.0M |
| Derivative instruments | $308.0M | $315.0M | $281.0M | $303.0M |
| Long-term lease liabilities | $796.0M | $569.0M | $627.0M | $548.0M |
| Other non-current liabilities | $676.0M | $324.0M | $286.0M | $201.0M |
| Total other liabilities | $9.7B | $8.0B | $8.8B | $7.7B |
| Total Liabilities | $10.7B | $8.8B | $9.7B | $8.3B |
| Redeemable noncontrolling interest in subsidiaries | $103.0M | $0 | $1.0M | $7.0M |
| Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued | 0 | 0 | 0 | 0 |
| Class A, Class B, Class C and Class D common stock, $0.01 par value; 3,000,000,000 shares authorized (Class A 500,000,000, Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 203,773,674 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 84,844,929, Class D 41,576,142) at December 31, 2025 and 202,147,579 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 82,833,226, Class D 41,961,750) at December 31, 2024 | 1.0M | 1.0M | 1.0M | 1.0M |
| Additional paid-in capital | $1.7B | $1.8B | $1.7B | $1.8B |
| Retained earnings | $213.0M | $254.0M | $361.0M | $463.0M |
| Accumulated other comprehensive (loss) income | ($5.0M) | $3.0M | $7.0M | $9.0M |
| Noncontrolling interest | $3.9B | $3.5B | $2.9B | $1.8B |
| Total Stockholders’ Equity | $5.8B | $5.6B | $5.0B | $4.0B |
| Total Liabilities and Stockholders’ Equity | $16.7B | $14.3B | $14.7B | $12.3B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $251.0M | $325.0M | $251.0M | $260.0M |
| Restricted cash | $292.0M | $355.0M | $390.0M | $526.0M |
| Accounts receivable | $298.0M | $198.0M | $238.0M | $233.0M |
| Inventory | $88.0M | $87.0M | $71.0M | $70.0M |
| Derivative instruments | $47.0M | $32.0M | $22.0M | $25.0M |
| Prepayments and other current assets | $86.0M | $60.0M | $87.0M | $73.0M |
| Total current assets | $1.1B | $1.1B | $1.1B | $1.2B |
| Property, plant and equipment, net | $11.7B | $11.8B | $11.3B | $11.4B |
| Equity investments in affiliates | $375.0M | $362.0M | $301.0M | $297.0M |
| Intangible assets for power purchase agreements, net | $2.3B | $2.4B | $2.3B | $2.2B |
| Other intangible assets, net | $65.0M | $67.0M | $65.0M | $65.0M |
| Deferred income taxes | $0 | $0 | $26.0M | — |
| Derivative instruments | $146.0M | $130.0M | $113.0M | $109.0M |
| Right-of-use assets, net | $769.0M | $773.0M | $711.0M | $606.0M |
| Other non-current assets | $346.0M | $351.0M | $152.0M | $169.0M |
| Total other assets | $4.0B | $4.1B | $3.7B | $3.5B |
| Total Assets | $16.8B | $16.9B | $16.1B | $16.0B |
| Current portion of long-term debt | $570.0M | $612.0M | $342.0M | $460.0M |
| Accounts payable — trade | $130.0M | $123.0M | $152.0M | $159.0M |
| Accounts payable — affiliates | $26.0M | $74.0M | $30.0M | $41.0M |
| Derivative instruments | $14.0M | $34.0M | $55.0M | $62.0M |
| Accrued interest expense | $72.0M | $43.0M | $36.0M | $52.0M |
| Accrued expenses and other current liabilities | $68.0M | $69.0M | $72.0M | $60.0M |
| Total current liabilities | $880.0M | $955.0M | $687.0M | $834.0M |
| Long-term debt | $8.5B | $8.5B | $8.1B | $8.3B |
| Deferred income taxes | $143.0M | $155.0M | $21.0M | $42.0M |
| Derivative instruments | $79.0M | $169.0M | $319.0M | $324.0M |
| Long-term lease liabilities | $829.0M | $826.0M | $792.0M | $635.0M |
| Other non-current liabilities | $753.0M | $754.0M | $374.0M | $367.0M |
| Total other liabilities | $10.3B | $10.4B | $9.6B | $9.6B |
| Total Liabilities | $11.2B | $11.4B | $10.3B | $10.5B |
| Redeemable noncontrolling interest in subsidiaries | $124.0M | $65.0M | $74.0M | $38.0M |
| Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued | 0 | 0 | 0 | 0 |
| Class B, Class C and Class D common stock, $0.01 par value; 2,500,000,000 shares authorized (Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 205,267,917 shares issued and outstanding (Class B 42,738,750, Class C 121,168,025, Class D 41,361,142) at June 30, 2026 and 203,773,674 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 84,844,929, Class D 41,576,142) at December 31, 2025 | 1.0M | 1.0M | 1.0M | 1.0M |
| Additional paid-in capital | $1.7B | $1.8B | $1.7B | $1.7B |
| Retained earnings | $111.0M | ($6.0M) | $372.0M | $188.0M |
| Accumulated other comprehensive income (loss) | $9.0M | $0 | ($13.0M) | ($10.0M) |
| Noncontrolling interest | $3.6B | $3.7B | $3.7B | $3.7B |
| Total Stockholders’ Equity | $5.5B | $5.5B | $5.7B | $5.5B |
| Total Liabilities and Stockholders’ Equity | $16.8B | $16.9B | $16.1B | $16.0B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net Loss | ($231.0M) | ($63.0M) | ($14.0M) | $1.1B |
| Equity in earnings of unconsolidated affiliates | ($31.0M) | ($35.0M) | ($12.0M) | ($29.0M) |
| Distributions from unconsolidated affiliates | $32.0M | $34.0M | $30.0M | $37.0M |
| Depreciation, amortization and accretion | $682.0M | $627.0M | $526.0M | $512.0M |
| Amortization of financing costs and debt discounts | $15.0M | $14.0M | $13.0M | $14.0M |
| Amortization of intangibles | $187.0M | $182.0M | $185.0M | $172.0M |
| Loss on debt extinguishment | $8.0M | $5.0M | $6.0M | $2.0M |
| Reduction in carrying amount of right-of-use assets | $16.0M | $15.0M | $15.0M | $14.0M |
| Impairment losses | $0 | $0 | $12.0M | $16.0M |
| Changes in deferred income taxes | $53.0M | $25.0M | $13.0M | $194.0M |
| Changes in derivative instruments and amortization of accumulated OCI | ($13.0M) | $13.0M | ($2.0M) | $69.0M |
| Changes in other working capital | ($30.0M) | ($47.0M) | ($38.0M) | $8.0M |
| Net Cash Provided by Operating Activities | $688.0M | $770.0M | $702.0M | $787.0M |
| Acquisitions, net of cash acquired | ($324.0M) | — | $0 | $0 |
| Acquisition of Drop Down Assets, net of cash acquired | ($318.0M) | ($678.0M) | ($45.0M) | ($71.0M) |
| Proceeds from transfer of assets | $152.0M | — | — | $0 |
| Capital expenditures | ($319.0M) | ($287.0M) | ($212.0M) | ($112.0M) |
| Payment for equipment deposit | $0 | $0 | ($27.0M) | — |
| Payment for equipment deposit and asset purchase from affiliate | ($27.0M) | $0 | ($55.0M) | $0 |
| Return of investments from unconsolidated affiliates | $15.0M | $41.0M | $14.0M | $13.0M |
| Decrease (increase) in note receivable — affiliate | $0 | $184.0M | — | — |
| Investments in unconsolidated affiliates | $0 | $0 | ($28.0M) | $0 |
| Other | $18.0M | $15.0M | $4.0M | $1.0M |
| Net Cash Used in Investing Activities | ($803.0M) | ($725.0M) | ($523.0M) | $1.1B |
| Contributions from noncontrolling interests, net of distributions | $1.1B | $1.5B | $1.0B | $60.0M |
| Proceeds from the issuance of Class C common stock | $48.0M | — | — | $0 |
| Payments of dividends and distributions | ($358.0M) | ($334.0M) | ($311.0M) | ($289.0M) |
| Pro-rata distributions to CEG | ($19.0M) | — | — | — |
| Tax-related distributions | $0 | ($1.0M) | ($21.0M) | ($8.0M) |
| Buyouts of noncontrolling interest and redeemable noncontrolling interest | ($3.0M) | ($7.0M) | ($13.0M) | $0 |
| Proceeds from the revolving credit facility | $701.0M | $0 | $0 | $80.0M |
| Payments for the revolving credit facility | ($340.0M) | $0 | $0 | ($325.0M) |
| Proceeds from issuance of long-term debt | $518.0M | $466.0M | $563.0M | $244.0M |
| Payments for long-term debt | ($1.5B) | ($2.0B) | ($1.3B) | ($1.2B) |
| Payments of debt issuance costs | ($8.0M) | ($13.0M) | ($18.0M) | ($4.0M) |
| Other | ($2.0M) | ($1.0M) | ($3.0M) | ($6.0M) |
| Net Cash Provided by (Used in) Financing Activities | $200.0M | ($363.0M) | ($124.0M) | ($1.5B) |
| Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash | $85.0M | ($318.0M) | $55.0M | $342.0M |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | $733.0M | $1.1B | $996.0M | $654.0M |
| Cash, Cash Equivalents and Restricted Cash at End of Period | $818.0M | $733.0M | $1.1B | $996.0M |
| Interest paid, net of amount capitalized | ($348.0M) | ($324.0M) | ($304.0M) | ($317.0M) |
| Income taxes paid, net of refunds received | ($1.0M) | ($1.0M) | — | — |
| Non-cash adjustments for change in tax basis | $40.0M | $61.0M | $4.0M | ($1.0M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net Loss | ($38.0M) | ($68.0M) | ($32.0M) | ($92.0M) |
| Equity in earnings of unconsolidated affiliates | ($16.0M) | ($5.0M) | ($27.0M) | ($12.0M) |
| Distributions from unconsolidated affiliates | $15.0M | $9.0M | $19.0M | $13.0M |
| Depreciation, amortization and accretion | $378.0M | $182.0M | $502.0M | $326.0M |
| Amortization of financing costs and debt discounts | $9.0M | $4.0M | $11.0M | $7.0M |
| Amortization of intangibles and out-of-market contracts | $101.0M | $49.0M | $137.0M | $88.0M |
| Loss on debt extinguishment | $5.0M | $2.0M | $7.0M | $0 |
| Reduction in carrying amount of right-of-use assets | $8.0M | $4.0M | $12.0M | $8.0M |
| Changes in deferred income taxes | ($2.0M) | ($1.0M) | ($26.0M) | $2.0M |
| Changes in derivative instruments and amortization of accumulated OCI/OCL | ($53.0M) | ($30.0M) | $4.0M | $22.0M |
| Proceeds from transferable tax credits | $282.0M | $282.0M | — | — |
| Changes in other working capital | ($74.0M) | ($27.0M) | ($96.0M) | ($76.0M) |
| Net Cash Provided by Operating Activities | $615.0M | $401.0M | $511.0M | $286.0M |
| Acquisitions, net of cash acquired | ($226.0M) | ($228.0M) | ($324.0M) | — |
| Acquisition of Drop Down Assets, net of cash acquired | ($81.0M) | $0 | ($219.0M) | ($77.0M) |
| Capital expenditures | ($159.0M) | ($75.0M) | ($213.0M) | ($132.0M) |
| Payments for equipment deposits and asset purchases from affiliate | ($112.0M) | ($70.0M) | — | — |
| Return of investment from unconsolidated affiliates | $8.0M | $5.0M | $14.0M | $10.0M |
| Investments in unconsolidated affiliates | ($91.0M) | ($76.0M) | — | — |
| Other | $4.0M | $3.0M | $3.0M | $12.0M |
| Net Cash Used in Investing Activities | ($657.0M) | ($441.0M) | ($739.0M) | ($398.0M) |
| (Distributions to) contributions from noncontrolling interests, net | ($119.0M) | ($248.0M) | $734.0M | $380.0M |
| Proceeds from the issuance of Class C common stock | $50.0M | $50.0M | — | — |
| Payments of dividends and distributions | ($190.0M) | ($95.0M) | ($266.0M) | ($176.0M) |
| Pro-rata distributions to CEG | $0 | — | ($7.0M) | ($7.0M) |
| Buyout of noncontrolling interest | ($3.0M) | ($3.0M) | ($3.0M) | — |
| Proceeds from the revolving credit facility | $60.0M | — | $480.0M | $112.0M |
| Payments for the revolving credit facility | ($361.0M) | ($361.0M) | ($75.0M) | — |
| Proceeds from the issuance of long-term debt | $1.0B | $882.0M | $472.0M | $362.0M |
| Payments of debt issuance costs | ($27.0M) | ($25.0M) | ($7.0M) | ($7.0M) |
| Payments for long-term debt | ($647.0M) | ($298.0M) | ($1.2B) | ($498.0M) |
| Other | ($2.0M) | — | ($1.0M) | ($1.0M) |
| Net Cash (Used in) Provided by Financing Activities | ($233.0M) | ($98.0M) | $136.0M | $165.0M |
| Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash | ($275.0M) | ($138.0M) | ($92.0M) | $53.0M |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | $818.0M | $818.0M | $733.0M | $733.0M |
| Cash, Cash Equivalents and Restricted Cash at End of Period | $543.0M | $680.0M | $641.0M | $786.0M |
Clearway Energy Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.