CWEN Q2 2020 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena

CWENClearway Energy, Inc.

$8B

Q2 2020 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$329M+15.8% YoY

Gross Profit

$242M73.6% margin

Operating Income

$130M39.5% margin

Net Income

$47M14.3% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+27.5%

Cash Flow

Operating Cash Flow

$100M

Free Cash Flow

$57M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$7.5B

Stockholders' Equity

$1.9B

Cash & Equivalents

$175M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$329M	$284M	+15.8%
Gross Profit	$242M	$205M	+18.0%
Operating Income	$130M	$87M	+49.4%
Net Income	$47M	-$24M	+295.8%

Revenue Segments

Energy Revenue

$218M62%

Capacity Revenue

$124M35%

Products And Services, Other

$12M3%