Filing Flows › Clearway Energy (CWEN) › Q3 2026 › vs Q2 2026
Clearway Energy (CWEN) Q3 2026 vs Q2 2026 (quarter over quarter)
Clearway Energy's revenue rose $41.0M (+9%) from $481M in Q2 2026 to $522M in Q3 2026. Operating margin 25.9% against 24.1% (+1.7 pts).
Clearway Energy, Q3 2026: revenue $522M (+22% year over year), operating margin 25.9%, net earnings $51.0M, operating cash flow $324M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 25.9% | 24.1% | +1.7 pts |
| Net margin | 9.8% | 25.4% | -15.6 pts |
| Free cash flow margin | 14.6% | 27.0% | -12.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $522M | $481M | $41.0M | +9% |
| Operating profit | $135M | $116M | $19.0M | +16% |
| Costs & expenses | $387M | $365M | $22.0M | +6% |
| Pre-tax earnings | $133M | $27.0M | $106M | +393% |
| Other expense, net | $2.0M | $89.0M | −$87.0M | -98% |
| Cost of revenue | $167M | $149M | $18.0M | +12% |
| General & admin | $13.0M | $15.0M | −$2.0M | -13% |
| Other operating costs | $207M | $201M | $6.0M | +3% |
| Net earnings | $51.0M | $122M | −$71.0M | -58% |
| Minority interests | $72.0M | −$92.0M | $164M | — |
| Income tax | $10.0M | −$3.0M | $13.0M | — |
| Depreciation & amortization | $198M | $196M | $2.0M | +1% |
| Working capital & other | $75.0M | −$104M | $179M | — |
| Operating cash flow | $324M | $214M | $110M | +51% |
| Free cash flow (OCF − capex) | $76.0M | $130M | −$54.0M | -42% |
| Capital expenditures | $248M | $84.0M | $164M | +195% |
Questions
How much did Clearway Energy's revenue grow quarter over quarter in Q3 2026?
Clearway Energy's revenue rose $41.0M (+9%) from $481M in Q2 2026 to $522M in Q3 2026. Operating margin 25.9% against 24.1% (+1.7 pts).