Financial Statements — CWEN
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.25 | 0.33 | 0.25 | 0.26 | 0.30 | 0.29 | 0.23 | 0.48 | 0.57 | 0.55 | 0.58 | 0.79 | 0.96 | 0.14 | 0.19 | 0.14 | 0.14 |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.15 | 0.20 | 0.22 | 0.15 | 0.20 | 0.20 | 0.16 |
| Inventory | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Current Assets | 1.06 | 1.06 | 1.06 | 1.19 | 1.04 | 1.05 | 1.02 | 1.50 | 1.73 | 1.29 | 1.29 | 1.49 | 1.64 | 1.37 | 0.85 | 0.77 | 0.73 |
| Property, Plant & Equipment | 11.69 | 11.82 | 11.30 | 11.39 | 10.33 | 9.90 | 9.95 | 9.75 | 8.03 | 7.75 | 7.86 | 7.44 | 7.55 | 7.66 | 7.44 | 7.54 | 7.49 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | 2.35 | 2.40 | 2.44 | 2.54 | 2.34 | 2.38 | 2.15 | 2.19 | 2.22 |
| Total Non-current Assets* | 15.71 | 15.87 | 15.01 | 14.85 | 13.61 | 13.20 | 13.50 | 13.37 | 11.64 | 11.34 | 11.46 | 11.11 | 11.01 | 11.26 | 10.93 | 11.11 | 11.11 |
| Total Assets | 16.77 | 16.93 | 16.07 | 16.03 | 14.65 | 14.25 | 14.52 | 14.86 | 13.37 | 12.62 | 12.75 | 12.60 | 12.65 | 12.63 | 11.78 | 11.88 | 11.85 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | -- | 0.12 | 0.07 | 0.06 | 0.07 | 0.05 | 0.06 | 0.08 | 0.06 | 0.06 | 0.09 |
| Total Current Liabilities | 0.88 | 0.96 | 0.69 | 0.83 | 0.68 | 0.66 | 0.70 | 0.87 | 0.84 | 0.61 | 0.64 | 0.81 | 0.75 | 1.53 | 0.82 | 0.75 | 0.75 |
| Long-term Debt | 8.49 | 8.50 | 8.08 | 8.25 | 7.23 | 6.73 | 6.80 | 7.58 | 7.00 | 6.71 | 6.77 | 6.52 | 6.61 | 6.98 | 7.30 | 7.43 | 7.46 |
| Total Non-current Liabilities | 10.30 | 10.41 | 9.59 | 9.62 | 8.54 | 7.96 | 8.10 | 8.94 | 8.26 | 7.88 | 7.95 | 7.67 | 7.71 | 7.96 | 8.01 | 8.12 | 8.11 |
| Total Liabilities | 11.18 | 11.36 | 10.28 | 10.45 | 9.23 | 8.62 | 8.80 | 9.82 | 9.10 | 8.48 | 8.59 | 8.48 | 8.46 | 9.49 | 8.82 | 8.88 | 8.85 |
| Retained Earnings | 0.11 | (0.01) | 0.37 | 0.19 | 0.21 | 0.30 | 0.31 | 0.31 | 0.37 | 0.41 | 0.42 | 0.49 | 0.51 | (0.06) | (0.02) | (0.05) | (0.08) |
| Total Stockholder Equity* | 5.60 | 5.57 | 5.79 | 5.58 | 5.42 | 5.63 | 5.72 | 5.05 | 4.27 | 4.14 | 4.16 | 4.12 | 4.19 | 3.14 | 2.96 | 3.00 | 3.00 |
* Derived from reported values
Income Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 0.48 | 0.35 | 0.31 | 0.43 | 0.39 | 0.30 | 0.26 | 0.49 | 0.37 | 0.26 | 0.25 | 0.37 | 0.41 | 0.29 | 0.27 | 0.34 | 0.37 | 0.21 | 0.32 | 0.35 |
| Cost of Revenue | 0.15 | 0.13 | 0.15 | 0.13 | 0.13 | 0.12 | 0.12 | 0.14 | 0.12 | 0.13 | 0.11 | 0.13 | 0.12 | 0.11 | 0.10 | 0.10 | 0.11 | 0.13 | 0.12 | 0.12 |
| Gross Profit | 0.33 | 0.22 | 0.16 | 0.30 | 0.26 | 0.18 | 0.13 | 0.35 | 0.25 | 0.14 | 0.14 | 0.24 | 0.29 | 0.18 | 0.17 | 0.24 | 0.26 | 0.09 | 0.20 | 0.23 |
| Selling, General & Admin | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Operating Expenses | 0.22 | 0.20 | 0.20 | 0.19 | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | 0.17 | 0.16 | 0.14 | 0.14 | 0.14 | 0.16 | 0.14 | (1.15) | 0.14 | 0.14 | 0.14 |
| Operating Income | 0.12 | 0.02 | (0.04) | 0.11 | 0.09 | 0.00 | (0.04) | 0.18 | 0.08 | (0.03) | (0.02) | 0.09 | 0.15 | 0.04 | 0.01 | 0.11 | 1.41 | (0.05) | 0.06 | 0.09 |
| Interest Expense | 0.11 | 0.10 | 0.09 | 0.10 | 0.08 | 0.12 | -- | 0.14 | 0.09 | 0.06 | 0.14 | 0.05 | 0.06 | 0.10 | 0.09 | 0.05 | 0.05 | 0.05 | 0.08 | 0.08 |
| Pretax Income | 0.03 | (0.07) | (0.12) | 0.03 | 0.02 | (0.10) | (0.05) | 0.06 | 0.01 | (0.06) | (0.14) | 0.07 | 0.11 | (0.05) | (0.07) | 0.08 | 1.37 | (0.10) | (0.03) | 0.03 |
| Tax Provision | -0.00 | -0.00 | 0.08 | (0.03) | 0.01 | 0.00 | 0.00 | 0.03 | 0.01 | (0.01) | (0.07) | 0.06 | 0.02 | (0.01) | (0.01) | 0.01 | 0.23 | -0.00 | 0.02 | 0.00 |
| Net Income | 0.12 | (0.16) | (0.10) | 0.24 | 0.03 | 0.00 | 0.00 | 0.04 | 0.05 | -0.00 | 0.04 | 0.00 | 0.04 | 0.00 | 0.01 | 0.03 | 0.57 | (0.03) | (0.01) | 0.02 |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 0.21 | 0.40 | 0.18 | 0.23 | 0.19 | 0.10 | 0.19 | 0.30 | 0.20 | 0.08 | 0.21 | 0.29 | 0.13 | 0.08 | 0.18 | 0.33 | 0.19 | 0.09 | 0.17 | 0.29 |
| Capital Expenditures | 0.08 | 0.08 | 0.11 | 0.08 | 0.08 | 0.06 | 0.05 | 0.04 | 0.10 | 0.10 | 0.07 | 0.03 | 0.02 | 0.09 | 0.02 | 0.01 | 0.03 | 0.05 | 0.03 | 0.03 |
| Free Cash Flow* | 0.13 | 0.33 | 0.07 | 0.14 | 0.12 | 0.04 | 0.14 | 0.27 | 0.09 | (0.02) | 0.14 | 0.25 | 0.11 | (0.01) | 0.16 | 0.31 | 0.15 | 0.05 | 0.14 | 0.26 |
| Investing Cash Flow | (0.22) | (0.44) | (0.06) | (0.34) | (0.35) | (0.05) | (0.05) | (0.03) | (0.44) | (0.20) | (0.25) | (0.15) | (0.03) | (0.09) | (0.04) | (0.23) | 1.42 | (0.09) | (0.43) | (0.01) |
| Financing Cash Flow | (0.13) | (0.10) | 0.06 | (0.03) | 0.24 | (0.07) | (0.08) | (0.17) | (0.14) | 0.03 | (0.06) | 0.11 | (0.20) | 0.03 | (0.30) | (0.23) | (0.79) | (0.18) | 0.38 | (0.19) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2019 | Q1
2019 | Q3
2018 | Q2
2018 | Q1
2018 | Q4
2017 | Q3
2017 | Q2
2017 | Q1
2017 | Q4
2016 | Q3
2016 | Q2
2016 | Q1
2016 | Q3
2015 | Q2
2015 | Q1
2015 | Q4
2014 | Q3
2014 | Q2
2014 | Q1
2014 |
|---|
| Dividends Per Share | 0.20 | 0.20 | 0.32 | 0.31 | 0.30 | 0.01 | 0.26 | 0.27 | 0.27 | 0.01 | 0.25 | 0.23 | 0.00 | 0.20 | 0.21 | 0.39 | 0.38 | 0.37 | 0.35 | 0.33 |
