CWEN Q1 2022 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena

CWENClearway Energy, Inc.

$8B

Q1 2022 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$214M-9.7% YoY

Gross Profit

$86M40.2% margin

Operating Income

-$53M-24.8% margin

Net Income

-$32M-15.0% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

-32.7%

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

$46M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.6B

Total Liabilities

$9.5B

Stockholders' Equity

$1.8B

Cash & Equivalents

$140M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$214M	$237M	-9.7%
Gross Profit	$86M	$127M	-32.3%
Operating Income	-$53M	-$14M	-278.6%
Net Income	-$32M	$3M	-1166.7%

Revenue Segments

Energy Revenue

$232M61%

Capacity Revenue

$128M34%

Products And Services, Other

$22M6%