Growth Metrics

Clearway Energy (CWEN) Operating Expenses (2012 - 2026)

Clearway Energy posted quarterly Operating Expenses of $334.0 million for Q1 2026, up 12.08% year-on-year from $298.0 million in Q1 2025, and down 3.75% on a QoQ basis from $347.0 million in Q4 2025.

Clearway Energy (CWEN) has 15 years of Operating Expenses data on file, last reported at $334.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 12.08% year-over-year to $334.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 10.5% YoY), and the FY2025 full-year result was $1.3 billion, up 8.0% from the prior year.
  • Operating Expenses for Q1 2026 stood at $334.0 million, down from $347.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $347.0 million in Q4 2025 and bottomed at $235.0 million in Q3 2022.
  • The 5-year median for Operating Expenses is $282.0 million (2024), against an average of $284.8 million.
  • The widest annual swing landed in 2022, when Operating Expenses declined 10.31%; it then gained 18.7% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $257.0 million in 2022, then climbed by 5.45% to $271.0 million in 2023, then climbed by 8.12% to $293.0 million in 2024, then gained by 18.43% to $347.0 million in 2025, then fell by 3.75% to $334.0 million in 2026.
  • The last three Operating Expenses figures came in at $334.0 million (Q1 2026), $347.0 million (Q4 2025), and $317.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -424.56 Mn
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn -101.11 Mn
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 22.76 Mn
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 58.30 Mn
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 334.00 Mn
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 292.00 Mn
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 28.99 Mn
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn -5,926.00
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 408.00 Mn
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 11.81 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 334.00 Mn
Dec 31, 2025 347.00 Mn
Sep 30, 2025 317.00 Mn
Jun 30, 2025 307.00 Mn
Mar 31, 2025 298.00 Mn
Dec 31, 2024 293.00 Mn
Sep 30, 2024 308.00 Mn
Jun 30, 2024 282.00 Mn
Mar 31, 2024 292.00 Mn
Dec 31, 2023 271.00 Mn
Sep 30, 2023 277.00 Mn
Jun 30, 2023 257.00 Mn
Mar 31, 2023 246.00 Mn
Dec 31, 2022 257.00 Mn
Sep 30, 2022 235.00 Mn
Jun 30, 2022 253.00 Mn
Mar 31, 2022 267.00 Mn
Dec 31, 2021 259.00 Mn
Sep 30, 2021 262.00 Mn
Jun 30, 2021 247.00 Mn
Mar 31, 2021 251.00 Mn
Dec 31, 2020 252.00 Mn
Sep 30, 2020 209.00 Mn
Jun 30, 2020 199.00 Mn
Mar 31, 2020 206.00 Mn
Dec 31, 2019 229.00 Mn
Sep 30, 2019 206.00 Mn
Jun 30, 2019 197.00 Mn
Mar 31, 2019 176.00 Mn
Dec 31, 2018 175.00 Mn
Sep 30, 2018 192.00 Mn
Jun 30, 2018 163.00 Mn
Mar 31, 2018 176.00 Mn
Dec 31, 2017 211.00 Mn
Sep 30, 2017 185.00 Mn
Jun 30, 2017 163.00 Mn
Mar 31, 2017 167.00 Mn
Dec 31, 2016 341.00 Mn
Jun 30, 2016 155.00 Mn
Mar 31, 2016 162.00 Mn
Dec 31, 2015 163.00 Mn
Sep 30, 2015 155.00 Mn
Jun 30, 2015 149.00 Mn
Mar 31, 2015 154.00 Mn
Dec 31, 2014 228.00 Mn
Sep 30, 2014 99.00 Mn
Jun 30, 2014 109.00 Mn
Mar 31, 2014 86.00 Mn
Dec 31, 2013 81.00 Mn
Sep 30, 2013 63.00 Mn
Jun 30, 2013 44.00 Mn
Mar 31, 2013 41.00 Mn
Dec 31, 2012 41.00 Mn
Sep 30, 2012 36.00 Mn
Jun 30, 2012 34.00 Mn