Clearway Energy, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.37B | $1.31B | $1.19B | $1.29B | $1.20B | $1.03B | $1.05B |
| Cost of Revenue | $530.0M | $501.0M | $473.0M | $435.0M | $451.0M | $366.0M | $337.0M | $327.0M |
| Gross Profit | $899.0M | $870.0M | $841.0M | $755.0M | $835.0M | $833.0M | $695.0M | $726.0M |
| Gross Margin | 62.9% | 63.5% | 64.0% | 63.4% | 64.9% | 69.5% | 67.3% | 68.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $41.0M | $39.0M | $36.0M | $40.0M | $40.0M | $34.0M | $29.0M | $20.0M |
| Operating Income | $160.0M | $196.0M | $263.0M | $1.47B | $267.0M | $333.0M | $224.0M | $347.0M |
| Operating Margin | 11.2% | 14.3% | 20.0% | 123.5% | 20.8% | 27.8% | 21.7% | 33.0% |
| Interest Expense | $387.0M | $307.0M | $337.0M | $232.0M | $312.0M | $415.0M | $404.0M | $306.0M |
| Pretax Income | $-175.0M | $-33.0M | $-16.0M | $1.28B | $-63.0M | $-54.0M | $-104.0M | $116.0M |
| Income Tax Expense | $56.0M | $30.0M | $-2.0M | $222.0M | $12.0M | $8.0M | $-8.0M | $62.0M |
| Net Income | $169.0M | $88.0M | $79.0M | $582.0M | $51.0M | $25.0M | $-11.0M | $48.0M |
| Net Margin | 11.8% | 6.4% | 6.0% | 48.9% | 4.0% | 2.1% | -1.1% | 4.6% |
| EPS (Basic) | — | $0.75 | $0.67 | $4.99 | $0.44 | $0.22 | $-0.10 | $0.46 |
| EPS (Diluted) | — | $0.75 | $0.67 | $4.99 | $0.44 | $0.22 | $-0.10 | $0.46 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | 198.8M | 193.3M |
| Shares Outstanding (Diluted) | 35.0M | 35.0M | 35.0M | 35.0M | 35.0M | 35.0M | 198.8M | 193.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |