CWEN Q1 2023 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena

CWENClearway Energy, Inc.

$8B

Q1 2023 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$288M+34.6% YoY

Gross Profit

$180M62.5% margin

Operating Income

$42M14.6% margin

Net Income

$00.0% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

-$13M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.7B

Total Liabilities

$8.6B

Stockholders' Equity

$2.1B

Cash & Equivalents

$576M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$288M	$214M	+34.6%
Gross Profit	$180M	$86M	+109.3%
Operating Income	$42M	-$53M	+179.2%
Net Income	$0	-$32M	+100.0%

Revenue Segments

Energy Revenue

$199M63%

Capacity Revenue

$105M33%

Products And Services, Other

$12M4%