CWEN Q3 2024 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena

CWENClearway Energy, Inc.

$8B

Q3 2024 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$486M+31.0% YoY

Gross Profit

$351M72.2% margin

Operating Income

$178M36.6% margin

Net Income

$36M7.4% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+32.8%

Cash Flow

Operating Cash Flow

$301M

Free Cash Flow

$266M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$8.6B

Stockholders' Equity

$2.1B

Cash & Equivalents

$292M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$486M	$371M	+31.0%
Gross Profit	$351M	$237M	+48.1%
Operating Income	$178M	$94M	+89.4%
Net Income	$36M	$4M	+800.0%

Revenue Segments

Energy Revenue

$350M76%

Capacity Revenue

$87M19%

Products And Services, Other

$23M5%