Clearway Energy (CWEN) Cost of Revenue (2012 - 2026)
Clearway Energy posted quarterly Cost of Revenue of $134.0 million for Q1 2026, up 9.84% year-on-year from $122.0 million in Q1 2025, and down 10.07% on a QoQ basis from $149.0 million in Q4 2025.
Clearway Energy (CWEN) has 15 years of Cost of Revenue data on file, last reported at $134.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 9.84% year-over-year to $134.0 million; the trailing twelve-month figure through Mar 2026 stood at $542.0 million (up 9.05% YoY), and the FY2025 full-year result was $530.0 million, up 5.79% from the prior year.
- Cost of Revenue for Q1 2026 stood at $134.0 million, down from $149.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $149.0 million in Q4 2025 and bottomed at $97.0 million in Q4 2022.
- The 5-year median for Cost of Revenue is $123.0 million (2024), against an average of $121.9 million.
- The widest annual swing landed in 2022, when Cost of Revenue fell 17.09%; it then surged 36.73% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $97.0 million in 2022, then rose by 16.49% to $113.0 million in 2023, then gained by 8.85% to $123.0 million in 2024, then advanced by 21.14% to $149.0 million in 2025, then declined by 10.07% to $134.0 million in 2026.
- The last three Cost of Revenue figures came in at $134.0 million (Q1 2026), $149.0 million (Q4 2025), and $128.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | 975.34 Mn |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 38.54 Mn |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | -500.75 Mn |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | 418.26 Mn |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 134.00 Mn |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 134.00 Mn |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 2.91 Mn |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 10.10 Mn |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 70.00 Mn |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | 19.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 134.00 Mn |
| Mar 31, 2026 | 134.00 Mn |
| Dec 31, 2025 | 149.00 Mn |
| Dec 31, 2025 | 149.00 Mn |
| Sep 30, 2025 | 128.00 Mn |
| Sep 30, 2025 | 128.00 Mn |
| Jun 30, 2025 | 131.00 Mn |
| Jun 30, 2025 | 131.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Dec 31, 2024 | 123.00 Mn |
| Dec 31, 2024 | 123.00 Mn |
| Sep 30, 2024 | 135.00 Mn |
| Sep 30, 2024 | 135.00 Mn |
| Jun 30, 2024 | 117.00 Mn |
| Jun 30, 2024 | 117.00 Mn |
| Mar 31, 2024 | 126.00 Mn |
| Mar 31, 2024 | 126.00 Mn |
| Dec 31, 2023 | 113.00 Mn |
| Dec 31, 2023 | 113.00 Mn |
| Sep 30, 2023 | 134.00 Mn |
| Sep 30, 2023 | 134.00 Mn |
| Jun 30, 2023 | 118.00 Mn |
| Jun 30, 2023 | 118.00 Mn |
| Mar 31, 2023 | 108.00 Mn |
| Mar 31, 2023 | 108.00 Mn |
| Dec 31, 2022 | 97.00 Mn |
| Dec 31, 2022 | 97.00 Mn |
| Sep 30, 2022 | 98.00 Mn |
| Sep 30, 2022 | 98.00 Mn |
| Jun 30, 2022 | 112.00 Mn |
| Jun 30, 2022 | 112.00 Mn |
| Mar 31, 2022 | 128.00 Mn |
| Mar 31, 2022 | 128.00 Mn |
| Dec 31, 2021 | 117.00 Mn |
| Dec 31, 2021 | 117.00 Mn |
| Sep 30, 2021 | 117.00 Mn |
| Sep 30, 2021 | 117.00 Mn |
| Jun 30, 2021 | 107.00 Mn |
| Jun 30, 2021 | 107.00 Mn |
| Mar 31, 2021 | 110.00 Mn |
| Mar 31, 2021 | 110.00 Mn |
| Dec 31, 2020 | 91.00 Mn |
| Dec 31, 2020 | 91.00 Mn |
| Sep 30, 2020 | 95.00 Mn |
| Sep 30, 2020 | 95.00 Mn |
| Jun 30, 2020 | 87.00 Mn |
| Jun 30, 2020 | 87.00 Mn |
| Mar 31, 2020 | 93.00 Mn |
| Mar 31, 2020 | 93.00 Mn |
| Dec 31, 2019 | 92.00 Mn |
| Dec 31, 2019 | 92.00 Mn |
| Sep 30, 2019 | 84.00 Mn |
| Sep 30, 2019 | 84.00 Mn |
| Jun 30, 2019 | 78.00 Mn |
| Jun 30, 2019 | 78.00 Mn |
| Mar 31, 2019 | 83.00 Mn |
| Mar 31, 2019 | 83.00 Mn |
| Dec 31, 2018 | 80.00 Mn |
| Dec 31, 2018 | 80.00 Mn |
| Sep 30, 2018 | 84.00 Mn |
| Sep 30, 2018 | 84.00 Mn |
| Jun 30, 2018 | 74.00 Mn |
| Jun 30, 2018 | 74.00 Mn |
| Mar 31, 2018 | 89.00 Mn |
| Mar 31, 2018 | 89.00 Mn |
| Dec 31, 2017 | 85.00 Mn |
| Dec 31, 2017 | 85.00 Mn |
| Sep 30, 2017 | 79.00 Mn |
| Sep 30, 2017 | 79.00 Mn |
| Jun 30, 2017 | 77.00 Mn |
| Jun 30, 2017 | 77.00 Mn |
| Mar 31, 2017 | 85.00 Mn |
| Mar 31, 2017 | 85.00 Mn |
| Dec 31, 2016 | 70.00 Mn |
| Dec 31, 2016 | 70.00 Mn |
| Jun 30, 2016 | 77.00 Mn |
| Jun 30, 2016 | 77.00 Mn |
| Mar 31, 2016 | 85.00 Mn |
| Mar 31, 2016 | 85.00 Mn |
| Dec 31, 2015 | 77.00 Mn |
| Dec 31, 2015 | 77.00 Mn |
| Sep 30, 2015 | 82.00 Mn |
| Sep 30, 2015 | 82.00 Mn |
| Jun 30, 2015 | 75.00 Mn |
| Jun 30, 2015 | 75.00 Mn |
| Mar 31, 2015 | 84.00 Mn |
| Mar 31, 2015 | 84.00 Mn |
| Dec 31, 2014 | 104.00 Mn |
| Dec 31, 2014 | 104.00 Mn |
| Sep 30, 2014 | 60.00 Mn |
| Sep 30, 2014 | 60.00 Mn |
| Jun 30, 2014 | 53.00 Mn |
| Jun 30, 2014 | 53.00 Mn |
| Mar 31, 2014 | 60.00 Mn |
| Mar 31, 2014 | 60.00 Mn |
| Dec 31, 2013 | 43.00 Mn |
| Dec 31, 2013 | 43.00 Mn |
| Sep 30, 2013 | 44.00 Mn |
| Sep 30, 2013 | 44.00 Mn |
| Jun 30, 2013 | 32.00 Mn |
| Jun 30, 2013 | 32.00 Mn |
| Mar 31, 2013 | 29.00 Mn |
| Mar 31, 2013 | 29.00 Mn |
| Dec 31, 2012 | 33.00 Mn |
| Dec 31, 2012 | 33.00 Mn |
| Sep 30, 2012 | 28.00 Mn |
| Sep 30, 2012 | 28.00 Mn |
| Jun 30, 2012 | 26.00 Mn |
| Jun 30, 2012 | 26.00 Mn |