Clearway Energy, Inc. (CWEN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CWEN Revenue Growth
Revenue Breakdown (FY 2025)
CWEN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
CWEN Revenue Analysis (2014–2025)
As of May 6, 2026, Clearway Energy, Inc. (CWEN) generated trailing twelve-month (TTM) revenue of $1.43 billion, reflecting exceptional growth of +21.1% year-over-year. The most recent quarter (Q4 2025) recorded $310.0 million in revenue, down 27.7% sequentially.
Looking at the longer-term picture, CWEN's 5-year compound annual growth rate (CAGR) stands at +3.6%, indicating moderate growth over time. The company achieved its highest annual revenue of $1.43 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows CWEN's business is primarily driven by Energy Revenue (73%), Capacity Revenue (22%), and Products And Services, Other (5%). With over half of revenue concentrated in Energy Revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including BEP (+9.4% YoY), BEPC (-10.0% YoY), and NEE (+10.5% YoY), CWEN has underperformed the peer group in terms of revenue growth. Compare CWEN vs BEP →
CWEN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CWENCurrent | $1.4B | +21.1% | +3.6% | 12.3% | |
 BEP | $6.5B | +9.4% | +11.3% | 13.4% | |
 BEPC | $3.7B | -10.0% | +3.2% | 56.9% | |
 NEE | $27.5B | +10.5% | +8.8% | 30.1% | |
 AES | $12.2B | +3.0% | +4.8% | 16.1% | |
 RUN | $3.0B | +45.1% | +26.2% | -4.3% |
CWEN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.43B | +4.2% | $217.0M | 15.2% | $176.0M | 12.3% |
| 2024 | $1.37B | +4.3% | $870.0M | 63.5% | $196.0M | 14.3% |
| 2023 | $1.31B | +10.4% | $841.0M | 64.0% | $263.0M | 20.0% |
| 2022 | $1.19B | -7.5% | $755.0M | 63.4% | $1.47B | 123.5% |
| 2021 | $1.29B | +7.3% | $835.0M | 64.9% | $267.0M | 20.8% |
| 2020 | $1.20B | +16.2% | $833.0M | 69.5% | $333.0M | 27.8% |
| 2019 | $1.03B | -2.0% | $695.0M | 67.3% | $224.0M | 21.7% |
| 2018 | $1.05B | +4.4% | $721.0M | 68.5% | $347.0M | 33.0% |
| 2017 | $1.01B | -1.2% | $683.0M | 67.7% | $283.0M | 28.0% |
| 2016 | $1.02B | +7.1% | $715.0M | 70.0% | $218.0M | 21.4% |
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Start ComparisonCWEN — Frequently Asked Questions
Quick answers to the most common questions about buying CWEN stock.
Is CWEN's revenue growth accelerating or slowing?
CWEN revenue is accelerating at +21.1% year-over-year, exceeding the 5-year CAGR of +3.6%. TTM revenue reached $1.4B. Growth momentum has increased versus prior periods.
What is CWEN's long-term revenue growth rate?
Clearway Energy, Inc.'s 5-year revenue CAGR of +3.6% reflects the sustained expansion pattern. Current YoY growth of +21.1% is above this long-term average.
How is CWEN's revenue distributed by segment?
CWEN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.