Clearway Energy, Inc. (CWEN)
Clearway Energy, Inc. brought in $1.7B of revenue over the twelve months to September 30, 2026, up 21.2% from a year earlier. It posted a net loss of $80M. Operating cash flow minus capital spending left $369M of free cash flow in fiscal 2025. At September 30, 2026 it held $333M in cash against $9.4B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Clearway Energy, Inc.
- Net worth
- Clearway Energy, Inc. has a market value (market cap) of $5.7B at the latest share price, and shareholders' equity of $5.6B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.4B (+4.2% year on year), with net income of $169M. Over the 12 months to September 30, 2026: revenue $1.7B, net loss $80M.
- Cash flow
- In fiscal 2025 operations brought in $688M of cash; after $319M of capital spending, free cash flow was $369M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Clearway Energy, Inc.'s next report is expected around February 22, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Clearway Energy, Inc. does
Clearway Energy, Inc. is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker CWEN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.4B | $169M | n/a | $369M |
| 2024 | $1.4B | $88M | $0.75 | $483M |
| 2023 | $1.3B | $79M | $0.67 | $490M |
| 2022 | $1.2B | $582M | $4.99 | $675M |
| 2021 | $1.3B | $51M | $0.44 | $550M |
| 2020 | $1.2B | $25M | $0.22 | $421M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CWEN ranks in Utilities
Dividends
It paid out $358M in cash dividends, 212% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $358M | 212% |
| 2024 | n/a | $334M | 380% |
| 2023 | n/a | $311M | 394% |
| 2022 | n/a | $289M | 50% |
| 2021 | n/a | $268M | 525% |
| 2020 | n/a | $211M | 844% |
Latest SEC filings
What Clearway Energy, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 22% to $522M versus the same quarter last year; net income fell 78% to $51M.
- November 9, 2026
- November 2, 2026Passive stake (5% or more) SCHEDULE 13G
- October 20, 2026
- October 7, 2026Material agreement8-KClearway Energy agreed to acquire three battery storage projects in Utah for a base purchase price of approximately $119 million.
- September 28, 2026Material agreement8-KClearway Energy agreed to acquire a 650 megawatt solar facility in Missouri for approximately $230 million in cash.
- September 8, 2026
- August 7, 2026Passive stake changed SCHEDULE 13G/A
- August 6, 2026
- August 6, 2026
What is CWEN worth? A DCF from its reported cash flow
Insider trades
What the people running Clearway Energy, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 14 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 16, 2026 | BlackRock Portfolio Management LLC10% owner | Other changeindirect | 7,931 | - |
| October 8, 2026 | BlackRock Portfolio Management LLC10% owner | Other changeindirect | 3,861 | - |
| October 1, 2026 | BlackRock Portfolio Management LLC10% owner | Other changeindirect | 63,811 | $1.9M |
| October 1, 2026 | BlackRock Portfolio Management LLC10% owner | Other changeindirect | 4,166 | - |
| October 1, 2026 | Cornelius CraigPresident & CEO, Director | Other change | 63,600 | - |
| September 23, 2026 | BlackRock Portfolio Management LLC10% owner | Other changeindirect | 260 | $7.8K |
| September 23, 2026 | BlackRock Portfolio Management LLC10% owner | Other changeindirect | 5,275 | - |
| September 1, 2026 | Oneal E StanleyDirector | Received as pay | 1,209 | - |
Who owns CWEN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Global Infrastructure Investors III, LLC13D, may seek influence with 5 related filers | 55.3% | June 28, 2024 |
| BlackRock Portfolio Management LLC13D, may seek influence | 41.5% | May 1, 2026 |
| Vanguard Portfolio Management13G, passive | 5.68% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.27% | July 31, 2026 |
| First Trust Portfolios L.P.13G, passive with 2 related filers | 5.12% | January 27, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 483 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 18,395,824 | +291,884 |
| Vanguard Portfolio Management LLC | 7,287,314 | +65,388 |
| Clearbridge Investments, LLC | 5,612,012 | +408,041 |
| Vanguard Capital Management LLC | 5,459,556 | +80,275 |
| Neuberger Berman Group LLC | 4,616,981 | +142,032 |
| Charles Schwab Investment Management Inc | 4,356,248 | +2,314,682 |
| State Street Corp | 4,115,231 | +229,005 |
| Morgan Stanley | 3,612,445 | -28,846 |
| Bank of New York Mellon Corp | 3,174,715 | +345,873 |
| Invesco Ltd. | 3,096,937 | +272,259 |
| Energy Income Partners, LLC | 2,433,941 | +35,518 |
| Geode Capital Management, LLC | 2,322,405 | +59,447 |
| Legal & General Group Plc | 2,301,213 | +270,456 |
| Dimensional Fund Advisors LP | 1,645,863 | +27,376 |
| Northern Trust Corp | 1,545,365 | +1,789 |
| Franklin Resources Inc | 1,482,760 | -93,177 |
| Goldman Sachs Group Inc | 1,188,896 | +575,128 |
| Nuveen, LLC | 1,048,357 | +109,224 |
| Amundi | 1,044,550 | +198,678 |
| First Trust Advisors LP | 1,034,429 | -185,333 |
Insiders
9 insiders reported holding 921,778 shares in total, about $31.9M at the last price.
| Holder | Shares |
|---|---|
| Cornelius CraigPresident & CEO, Director | 298,764 |
| BlackRock Portfolio Management LLC10% owner | 164,242164,242 held indirectly |
| Ford Brian R.Director | 105,123 |
| Oneal E StanleyDirector | 91,467 |
| Malcarney Kevin P.EVP, GEN COUNSEL AND CORP SECR | 89,560 |
| More Daniel B.Director | 71,154 |
| Rubenstein SarahEVP AND CFO | 52,999 |
| Lowry Jennifer ElaineDirector | 25,840 |
| Brown Michael AugustSVP, GC & Corp. Secretary | 22,629 |
Questions about CWEN
What does Clearway Energy, Inc. do?
Clearway Energy, Inc. is a company in the Utilities sector, listed on NYSE as CWEN. Its shares trade on NYSE under the ticker CWEN.
What is Clearway Energy, Inc.'s net worth?
Clearway Energy, Inc. has a market value (market cap) of $5.7B at the latest share price, and shareholders' equity of $5.6B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Clearway Energy, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $80M on revenue of $1.7B.
How much revenue does Clearway Energy, Inc. make?
Over the twelve months to September 30, 2026 Clearway Energy, Inc. reported revenue of $1.7B. That is 21.2% more than a year earlier.
When did Clearway Energy, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Clearway Energy, Inc.'s next earnings report?
Clearway Energy, Inc.'s next report is expected around February 22, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Similar companies
Compare CWEN with
Follow CWEN
Get an email when Clearway Energy, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Clearway Energy, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.