ReNew Energy Global (RNW) Operating Income (2020 - 2026)
ReNew Energy Global (RNW) posted quarterly Operating Income of $13.0 million for Q1 2026, down 61.76% year-over-year from $34.0 million in Q1 2025, and up 360.0% quarter-over-quarter from -$5.0 million in Q4 2025.
Analysis
ReNew Energy Global (RNW) Operating Income (2020 - 2026) Analysis & Trends
ReNew Energy Global (RNW) has reported Operating Income for 7 consecutive years, with $13.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income fell 61.76% year-over-year to $13.0 million; the TTM figure through Mar 2026 stood at $160.0 million (up 175.86% YoY), while the FY2026 annual figure was $149.0 million, up 26.27% from the prior year.
- Operating Income advanced to $13.0 million in Q1 2026 per RNW's latest filing, from -$5.0 million in the prior quarter.
- Across five years, Operating Income topped out at $160.3 million in Q4 2022 and bottomed at -$96.0 million in Q4 2024.
- Historically, Operating Income has averaged $22.9 million across 5 years, with a median of $25.3 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Income jumped 10075.97% — and 2023, when it plunged 156.14%.
- ReNew Energy Global's Operating Income stood at $160.3 million in 2022, then slumped by 156.14% to -$90.0 million in 2023, then slipped by 6.67% to -$96.0 million in 2024, then jumped by 94.79% to -$5.0 million in 2025, then surged by 360.0% to $13.0 million in 2026.
- Business Quant data shows RNW's Operating Income at $13.0 million in Q1 2026, -$5.0 million in Q4 2025, and $62.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | 1.95 Bn |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | 90.93 Mn |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | 34.20 Mn |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 421.00 Mn |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 116.00 Mn |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 88.00 Mn |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -29.79 Mn |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | 60.00 Mn |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -24.66 Mn |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | -769,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.00 Mn |
| Mar 31, 2026 | 13.00 Mn |
| Dec 31, 2025 | -5.00 Mn |
| Sep 30, 2025 | 62.00 Mn |
| Jun 30, 2025 | 90.00 Mn |
| Mar 31, 2025 | 34.00 Mn |
| Dec 31, 2024 | -34.00 Mn |
| Sep 30, 2024 | 90.00 Mn |
| Jun 30, 2024 | 30.00 Mn |
| Mar 31, 2024 | 25.00 Mn |
| Dec 31, 2023 | -39.00 Mn |
| Sep 30, 2023 | 57.00 Mn |
| Jun 30, 2023 | 56.00 Mn |
| Mar 31, 2023 | -10.00 Mn |
| Dec 31, 2022 | -43.70 Mn |
| Sep 30, 2022 | 7.05 Mn |
| Jun 30, 2022 | 16.56 Mn |
| Mar 31, 2022 | -51.00 Mn |
| Dec 31, 2021 | -62.00 Mn |
| Sep 30, 2021 | -121.00 Mn |