Clearway Energy (CWEN) Gross Margin (2012 - 2026)
Clearway Energy's (CWEN) quarterly Gross Margin came in at 69.02% in Q2 2026, up 244.0% on a YoY basis from 20.06% in Q2 2025, and up 11.06% quarter-over-quarter from 62.15% in Q1 2026.
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Clearway Energy (CWEN) Gross Margin (2012 - 2026) Analysis & Trends
Clearway Energy (CWEN) has reported Gross Margin for 15 consecutive years, with 69.02% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 244.0% year-over-year to 69.02%; the trailing twelve-month figure through Jun 2026 stood at 64.42% (up 11.0% YoY), and the FY2025 full-year result was 62.91%, down 55.0% from the prior year.
- Gross Margin grew to 69.02% in Q2 2026 per CWEN's latest filing, from 62.15% in the prior quarter.
- Across five years, Gross Margin topped out at 72.22% in Q3 2024 and bottomed at 40.19% in Q1 2022.
- Historically, Gross Margin has averaged 62.22% across 5 years, with a median of 63.84% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 1340 bps in 2022, then soared 2231 bps in 2023.
- Over 5 years, Gross Margin stood at 63.81% in 2022, then decreased by 14 bps to 54.62% in 2023, then slipped by 5 bps to 51.95% in 2024, then retreated by 0 bps to 51.94% in 2025, then soared by 33 bps to 69.02% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 69.02%, 62.15%, and 51.94% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 47.18 Bn | 45.32 Bn | 3.16 Bn | 78.77% |
| 2 | AXIA Energia | 30.92 Bn | 28.60 Bn | 2.59 Bn | 54.81% |
| 3 | Nrg Energy | 21.60 Bn | 21.44 Bn | 2.01 Bn | 26.88% |
| 4 | Talen Energy | 14.11 Bn | 13.77 Bn | - | - |
| 5 | Enlight Renewable Energy | 9.72 Bn | 8.77 Bn | 117.49 Mn | 70.78% |
| 6 | Brookfield Renewable Partners | 7.71 Bn | 26.04 Bn | 927.00 Mn | 54.21% |
| 7 | Oklo | 7.49 Bn | 7.49 Bn | - | - |
| 8 | Clearway Energy | 6.63 Bn | 9.92 Bn | 332.00 Mn | 69.02% |
| 9 | Ormat Technologies | 5.98 Bn | 5.46 Bn | 68.70 Mn | 26.55% |
| 10 | ReNew Energy Global | 4.99 Bn | 4.84 Bn | - | - |
Historic Data
Download Data
Historic 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% |
API Access
Clearway Energy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CWEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CWEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();