Clearway Energy C 2025 Q3 Earnings Net Income Surges 122.2% Despite Revenue Drop

Clearway Energy C (CWEN) reported Q3 2025 earnings that significantly outperformed expectations, with net income jumping 122.2% year-over-year to $60 million and EPS surging 545.2% to $2.00. The company narrowed its 2025 CAFD guidance to $420–$440 million, reflecting confidence in its performance despite a 11.7% decline in total revenue to $429 million.

Revenue

Total revenue for Clearway Energy C declined to $429 million in Q3 2025, a 11.7% decrease from $486 million in the prior-year period. The drop reflects broader market conditions and sector-specific challenges, though the company’s focus on renewable energy and strategic investments has partially offset declining revenue trends.

Earnings/Net Income

Clearway Energy C’s net income surged 122.2% to $60 million in Q3 2025, driven by a 545.2% increase in EPS to $2.00. The company’s profitability was bolstered by cost efficiencies, lower tax expenses, and strong operational performance. This significant EPS increase reflects strong cost management and operational efficiency, indicating positive momentum for the company.

Post-Earnings Price Action Review

The stock price of Clearway Energy C rose 0.90% on the day of the earnings release, closing at $34.65 on November 5, 2025, a 6.6% gain from its previous close of $32.49. However, post-market trading saw a 2.06% decline, likely due to investor profit-taking and concerns over debt levels and long-term guidance. The stock’s year-to-date gain of 25% outperformed the S&P 500’s 16.5%, but sector volatility and limited historical data on revenue beats (only one in four quarters) pose risks for strategy consistency.

[CEO Commentary]

CEO Craig Cornelius emphasized Clearway Energy’s disciplined capital allocation and growth initiatives, including the Deriva solar portfolio acquisition and repowering projects. He highlighted the company’s alignment with decarbonization goals and confidence in its 2030 CAFD targets of $2.90–$3.10 per share. Leadership remains focused on expanding its renewable energy portfolio and leveraging long-term sustainability trends.

[Guidance]

Clearway Energy reported Q3 2025 results, including EPS of $2.00, revenue of $429 million, and net income of $60 million. The company narrowed its 2025 CAFD guidance to $420–$440 million and set 2026 CAFD guidance at $470–$510 million. No explicit forward-looking guidance was provided in the referenced data, as the official figures pertain to historical performance rather than future expectations.

[Additional News]

Clearway Energy’s recent 613 MW solar portfolio acquisition and $50 million equity issuance program underscore its growth strategy. The company also signed a 20-year PPA for the Royal Slope solar project and declared a $0.45 quarterly dividend. These moves align with its 2026–2027 growth pipeline and 2030 CAFD targets. Analysts remain optimistic, with a median price target of $37 and “buy” ratings prevailing.