v3.26.3
Revision of Previously Issued Unaudited Financial Information
9 Months Ended
Sep. 30, 2026
Quarterly Financial Information Disclosure [Abstract]  
Revision of Previously Issued Unaudited Financial Information Revision of Previously Issued Unaudited Financial Information
As discussed in Item 15 — Note 18, Revision of Previously Issued Unaudited Financial Information (Unaudited), to the consolidated financial statements included in the Company’s 2025 Form 10-K, during the fourth quarter of 2025, the Company’s management identified errors related to certain calculations of hypothetical liquidation at book value (HLBV) accounting used to allocate net income (loss) to the Company’s redeemable noncontrolling interests and noncontrolling interests in tax equity partnerships in each of the quarters ended March 31, 2025, June 30, 2025 and September 30, 2025. The Company evaluated the materiality of the errors in accordance with Staff Accounting Bulletins No. 99 and No. 108 of the SEC and concluded that the errors were immaterial to all previously reported periods and did not require restatement of any previously issued financial statements.
A summary of the corrections to the impacted financial statement line items is presented below:
Three months ended September 30, 2025
Nine months ended September 30, 2025
(In millions, except per share amount)As Previously ReportedAdjustmentsAs RevisedAs Previously ReportedAdjustmentsAs Revised
(Unaudited)(Unaudited)
Consolidated Statement of Operations
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests$(176)$4 $(172)$(305)$14 $(291)
Net income attributable to Clearway Energy, Inc.236 (4)232 273 (14)259 
Earnings per weighted average Class A and Class C common share - basic and diluted$2.00 $(0.03)$1.97 $2.32 $(0.12)$2.20 
Consolidated Statement of Comprehensive Income
Comprehensive loss attributable to noncontrolling interests$(178)$4 $(174)$(319)$14 $(305)
Comprehensive income attributable to Clearway Energy, Inc.$233 $(4)$229 $264 $(14)$250 
Consolidated Balance Sheet (As of September 30, 2025)
Redeemable noncontrolling interest in subsidiaries$74 $30 $104 
Retained earnings372 (14)358 
Noncontrolling interest3,666 (16)3,650 
Total Stockholders’ Equity $5,715 $(30)$5,685 
Consolidated Statements of Stockholders’ Equity
Retained Earnings:
Net income$236 $(4)$232 
Retained Earnings at September 30, 2025
$372 $(14)$358 
Noncontrolling Interest:
Net loss$9 $(19)$(10)
Noncontrolling Interest at September 30, 2025
$3,666 $(16)$3,650 
See Note 8, Earnings Per Share, and Note 10, Segment Reporting, for more details related to the revisions included in the notes to the financial statements.