CWENClearway Energy, Inc.

$8B

Q3 2023 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$371M+9.1% YoY

Gross Profit

$237M63.9% margin

Operating Income

$94M25.3% margin

Net Income

$4M1.1% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-8.6%

Cash Flow

Operating Cash Flow

$287M

Free Cash Flow

$253M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13.4B

Total Liabilities

$9.1B

Stockholders' Equity

$2.1B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$371M	$340M	+9.1%
Gross Profit	$237M	$242M	-2.1%
Operating Income	$94M	$105M	-10.5%
Net Income	$4M	$32M	-87.5%

Revenue Segments

Energy Revenue

$337M77%

Capacity Revenue

$79M18%

Products And Services, Other

$20M5%

CWEN Q3 2023 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena