CWEN Q3 2022 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena

CWENClearway Energy, Inc.

$8B

Q3 2022 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$340M-3.1% YoY

Gross Profit

$242M71.2% margin

Operating Income

$105M30.9% margin

Net Income

$32M9.4% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-7.6%

Cash Flow

Operating Cash Flow

$328M

Free Cash Flow

$314M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.6B

Total Liabilities

$8.5B

Stockholders' Equity

$2.3B

Cash & Equivalents

$793M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$340M	$351M	-3.1%
Gross Profit	$242M	$234M	+3.4%
Operating Income	$105M	$89M	+18.0%
Net Income	$32M	$21M	+52.4%

Revenue Segments

Energy Revenue

$274M69%

Capacity Revenue

$107M27%

Products And Services, Other

$18M5%