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CWEN Q2 2023 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena
CWEN
Clearway Energy, Inc.
$8B
Q2 2023 Earnings
Utilities
Renewable Utilities
Income Statement
Revenue
$406M
+10.3% YoY
Gross Profit
$288M
70.9% margin
Operating Income
$149M
36.7% margin
Net Income
$38M
9.4% margin
EPS (Diluted)
$0.33
QoQ Revenue Growth
+41.0%
Cash Flow
Operating Cash Flow
$134M
Free Cash Flow
$113M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$12.6B
Total Liabilities
$8.5B
Stockholders' Equity
$2.1B
Cash & Equivalents
$918M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$406M
$368M
+10.3%
Gross Profit
$288M
$256M
+12.5%
Operating Income
$149M
$1.4B
-89.4%
Net Income
$38M
$570M
-93.3%
Revenue Segments
Energy Revenue
$278M
65%
Capacity Revenue
$101M
24%
Products And Services, Other
$48M
11%
← FY 2023
All Quarters
Q3 2023 →