Clearway Energy (CWEN) Gross Margin (2012 - 2026)
Clearway Energy's (CWEN) quarterly Gross Margin came in at 62.15% in Q1 2026, up 309.0% YoY from 15.19% in Q1 2025, and up 19.66% on a QoQ basis from 51.94% in Q4 2025.
Clearway Energy (CWEN) Gross Margin (2012 - 2026) Analysis & Trends
Clearway Energy (CWEN) has 15 years of Gross Margin data on file, last reported at 62.15% in Q1 2026.
- Quarterly Gross Margin rose 309.0% year-over-year to 62.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 63.5% (down 115.0% YoY) and the FY2025 annual result came in at 62.91%, down 55.0% from the prior year.
- Gross Margin grew to 62.15% in Q1 2026, from 51.94% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 72.22% in Q3 2024 to a low of 40.19% in Q1 2022.
- A 5-year average of 61.82% and a median of 63.81% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 1340 bps — and 2023, when it surged 2231 bps.
- Tracing CWEN's Gross Margin over 5 years: stood at 63.81% in 2022, then fell by 14 bps to 54.62% in 2023, then retreated by 5 bps to 51.95% in 2024, then declined by 0 bps to 51.94% in 2025, then advanced by 20 bps to 62.15% in 2026.
- The last three Gross Margin figures came in at 62.15% (Q1 2026), 51.94% (Q4 2025), and 70.16% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 12.02 Bn | 10.85 Bn | 117.49 Mn | 70.78% |
| 2 | Ormat Technologies | 7.11 Bn | 6.45 Bn | 68.70 Mn | 26.55% |
| 3 | Brookfield Renewable Partners | 4.73 Bn | 2.23 Bn | 623.00 Mn | 57.90% |
| 4 | Clearway Energy | 3.80 Bn | 3.46 Bn | 332.00 Mn | 69.02% |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 79.35% |
| 6 | Fluence Energy | 1.84 Bn | 1.28 Bn | 33.24 Mn | 5.12% |
| 7 | XPLR Infrastructure | 1.09 Bn | 585.39 Mn | - | - |
| 8 | Energy Vault Holdings | 686.61 Mn | 617.86 Mn | 4.79 Mn | 21.88% |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 59.62% |
| 10 | Eco Wave Power Global AB (publ) | 335.24 Mn | 335.24 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 69.02% |
| Mar 31, 2026 | 62.15% |
| Dec 31, 2025 | 51.94% |
| Sep 30, 2025 | 70.16% |
| Jun 30, 2025 | 66.58% |
| Mar 31, 2025 | 59.06% |
| Dec 31, 2024 | 51.95% |
| Sep 30, 2024 | 72.22% |
| Jun 30, 2024 | 68.03% |
| Mar 31, 2024 | 52.09% |
| Dec 31, 2023 | 54.62% |
| Sep 30, 2023 | 63.88% |
| Jun 30, 2023 | 70.94% |
| Mar 31, 2023 | 62.50% |
| Dec 31, 2022 | 63.81% |
| Sep 30, 2022 | 71.18% |
| Jun 30, 2022 | 69.57% |
| Mar 31, 2022 | 40.19% |
| Dec 31, 2021 | 63.21% |
| Sep 30, 2021 | 66.67% |