v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating Revenues        
Total operating revenues $ 522 $ 429 $ 1,357 $ 1,119
Operating Costs and Expenses        
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 167 128 450 381
Depreciation, amortization and accretion 198 176 576 502
General and administrative 13 10 39 31
Transaction and integration costs 9 3 21 8
Total operating costs and expenses 387 317 1,086 922
Operating Income 135 112 271 197
Other Income (Expense)        
Equity in earnings of unconsolidated affiliates 29 15 45 27
Other income, net 12 7 28 22
Loss on debt extinguishment 0 (7) (5) (7)
Interest expense (43) (98) (249) (297)
Total other expense, net (2) (83) (181) (255)
Income (Loss) Before Income Taxes 133 29 90 (58)
Income tax expense (benefit) 10 (31) 5 (26)
Net Income (Loss) 123 60 85 (32)
Less: Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests 72 (172) 75 (291)
Net Income Attributable to Clearway Energy, Inc. $ 51 232 $ 10 259
Common Class A        
Other Income (Expense)        
Net Income Attributable to Clearway Energy, Inc.   $ 68   $ 76
Earnings Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders        
Weighted average number shares outstanding - basic (in shares) 0 35 15 35
Weighted average number of shares outstanding - diluted (in shares) 0 35 15 35
Earnings Per Weighted Average Common Share - Basic (in dollars per share) $ 0.42 $ 1.97 $ 0.08 $ 2.20
Earnings Per Weighted Average Common Share - Diluted (in dollars per share) 0.42 1.97 0.08 2.20
Dividends Per Common Share (in dollars per share) $ 0 $ 0.4456 $ 0.4602 $ 1.3152
Common Class C        
Other Income (Expense)        
Net Income Attributable to Clearway Energy, Inc.   $ 164   $ 183
Earnings Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders        
Weighted average number shares outstanding - basic (in shares) 121 83 106 83
Weighted average number of shares outstanding - diluted (in shares) 121 83 106 83
Earnings Per Weighted Average Common Share - Basic (in dollars per share) $ 0.42 $ 1.97 $ 0.08 $ 2.20
Earnings Per Weighted Average Common Share - Diluted (in dollars per share) 0.42 1.97 0.08 2.20
Dividends Per Common Share (in dollars per share) $ 0.4750 $ 0.4456 $ 1.4028 $ 1.3152