Clearway Energy (CWEN) Cost of Revenue (2012 - 2026)
Clearway Energy's (CWEN) quarterly Cost of Revenue came in at $134.0 million in Q1 2026, up 9.84% YoY 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) Cost of Revenue (2012 - 2026) Analysis & Trends
Clearway Energy (CWEN) has 15 years of Cost of Revenue data on file, last reported at $134.0 million in Q1 2026.
- Quarterly Cost of Revenue rose 9.84% year-over-year to $134.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $542.0 million (up 9.05% YoY) and the FY2025 annual result came in at $530.0 million, up 5.79% from the prior year.
- Cost of Revenue slipped to $134.0 million in Q1 2026, from $149.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $149.0 million in Q4 2025 to a low of $97.0 million in Q4 2022.
- A 5-year average of $121.9 million and a median of $123.0 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue fell 17.09% — and 2023, when it surged 36.73%.
- Tracing CWEN's Cost of Revenue over 5 years: stood at $97.0 million in 2022, then increased by 16.49% to $113.0 million in 2023, then rose by 8.85% to $123.0 million in 2024, then gained by 21.14% to $149.0 million in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 12.08 Bn | 10.92 Bn | 117.49 Mn | 48.50 Mn |
| 2 | Ormat Technologies | 7.16 Bn | 6.50 Bn | 68.70 Mn | 190.07 Mn |
| 3 | Brookfield Renewable Partners | 4.70 Bn | 2.20 Bn | 623.00 Mn | 453.00 Mn |
| 4 | Clearway Energy | 3.83 Bn | 3.49 Bn | 332.00 Mn | 149.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 70.00 Mn |
| 6 | Fluence Energy | 1.84 Bn | 1.28 Bn | 33.24 Mn | 616.61 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 579.73 Mn | - | - |
| 8 | Energy Vault Holdings | 707.23 Mn | 638.48 Mn | 4.79 Mn | 17.09 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 975.34 Mn |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 149.00 Mn |
| Jun 30, 2026 | 149.00 Mn |
| 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 |