When does Clearway Energy (CWEN) report earnings next?

Clearway Energy's next results are projected for February 22, 2027, from the dates of its own results filings with the SEC. The company has not confirmed the date. It last reported on November 9, 2026.

What is CWEN's short interest?

As of October 30, 2026, 7.4M CWEN shares were sold short, 6.08% of its shares outstanding, down 6.8% from the count before. At the stock's average daily volume that is 6.7 days to cover. FINRA publishes the count twice a month.

Which well-known investors own CWEN?

1 of the 37 well-known funds tracked here reported CWEN shares in their latest 13F filing. By share of the fund's portfolio: Bridgewater Associates (Ray Dalio), 0.0%.

Clearway Energy

CWENNYSEUSD

Follow on X

$33.38

−$0.91 (−2.65%)Today 1M +9.66%

After hours$33.40+0.06%Nov 12, 5:12 PM ET

Updated Nov 12, 4:00 PM ET · Regular session · May be delayed




: $34.29
: $33.38–$34.51
: 1.8M
: Feb 22 projected
: $28.57–$41.74

Understand the Business

Why the Stock Moved

Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.

The core investment thesis

Own CWEN if Clearway is a yieldco-like owner/operator of power-generation assets that turns long-term contracted cash flows into predictable operating cash, using external financing to grow scale — the equity’s value depends on stable OCF, disciplined M&A.

What must remain true for the stock to work.Explore the thesis

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Investment thesis

What must happen next

3 MATERIAL PROPOSITIONS

Operating cash flow is the company’s primary, durable cash engine that funds dividends, debt service and reinvestment; as long as OCF holds near historical levels the business is self-supporting.HoldingMateriality: High
NetCashProvidedByUsedInOperatingActivities = 702,000,000 USD (2023). If OCF remains near historical levels the company can grow and service debt without diluting shareholders; if OCF falls the equity return and dividend safety both deteriorate.
Watch: Material PPA expirations or renewals that shift large portions of generation to merchant-price exposure.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
NetCashProvidedByUsedInOperatingActivities = 702,000,000 USD (2023).
Open source ↗
Clearway can grow revenue by adding assets financed with debt/equity; historical increases in revenue reflect scale and acquisition/project additions, which if accretive should raise predictable cash flows.StrengtheningMateriality: High
Revenues = 1,190,000,000 USD (2022). Sustained, accretive revenue growth converts to higher operating cash and EPS (if margins at least hold), justifying the premium valuation.
Watch: Loss of access to affordable capital (tax-equity or debt markets) that halts acquisitions/project deliveries.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
Revenues = 1,190,000,000 USD (2022).
Open source ↗
Operating income (and therefore margins) must stabilize or improve — continued declines in operating income will undermine the premium multiple because scale without margin recovery is dilutive to EPS.WeakeningMateriality: Medium
OperatingIncomeLoss = 263,000,000 USD (2023). If operating income continues to decline, revenue growth will not translate into EPS or free-cash-flow per share, risking multiple compression.
Watch: Prolonged weak wholesale power prices or higher O&M and transmission costs that compress realized margins.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
OperatingIncomeLoss = 263,000,000 USD (2023).
Open source ↗

Full investment case & evidence

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Original research

Operating cash flow is the company’s primary, durable cash engine that funds dividends, debt service and reinvestment; as long as OCF holds near historical levels the business is self-supporting. If OCF remains near historical levels the company can grow and service debt without diluting shareholders; if OCF falls the equity return and dividend safety both deteriorate.

Clearway can grow revenue by adding assets financed with debt/equity; historical increases in revenue reflect scale and acquisition/project additions, which if accretive should raise predictable cash flows. Sustained, accretive revenue growth converts to higher operating cash and EPS (if margins at least hold), justifying the premium valuation.

Operating income (and therefore margins) must stabilize or improve — continued declines in operating income will undermine the premium multiple because scale without margin recovery is dilutive to EPS. If operating income continues to decline, revenue growth will not translate into EPS or free-cash-flow per share, risking multiple compression.

All standing thesis claims

Original report summary

Clearway is a yieldco-like owner/operator of power-generation assets that turns long-term contracted cash flows into predictable operating cash, using external financing to grow scale — the equity’s value depends on stable OCF, disciplined M&A.

Bull case and bear case

Bull case and bear case for Clearway Energy

Where the evidence on Clearway Energy disagrees: Mixed on the latest evidence (Nov 12, 2026). Of its 3 thesis points, 1 strengthening, 1 holding and 1 weakening.

Bull case: what the evidence supports

Operating cash flow is the company’s primary, durable cash engine that funds dividends, debt service and reinvestment; as long as OCF holds near historical levels the business is self-supporting.
sec.gov ↗
Clearway can grow revenue by adding assets financed with debt/equity; historical increases in revenue reflect scale and acquisition/project additions, which if accretive should raise predictable cash flows.
sec.gov ↗

Bear case: what the evidence questions

Operating income (and therefore margins) must stabilize or improve — continued declines in operating income will undermine the premium multiple because scale without margin recovery is dilutive to EPS.
sec.gov ↗

Thesis-Break Engine

What has broken in Clearway Energy’s thesis

Each break OptimistFi flagged on Clearway Energy, dated — with what has historically followed the same kind of break across the market, not a forecast for Clearway Energy.

Daily price, then where similar breaks led across the market: the typical -2% path vs comparable companies over six months, inside the middle-half range (+15% to -20%). A base rate, not a forecast.

CEO / officer changecondition set before this filingSep 2026
Across all companies, this kind of break has happened 16,849 times before. Those stocks trailed comparable companies by a median of 2% over the next six months, and 38% of them trailed it by 10 points or more.

How the Thesis-Break Engine works →Historical outcomes are measured against comparable companies after past breaks of the same kind, across all companies. Not a prediction.

MARKET + FINANCIAL SNAPSHOT

The numbers behind the thesis

Sourced from filings and market data

What Changed

MixedNov 9, 2026
Reported results of operations (earnings release).
Clearway Energy filed an SEC 8-K on 2026-11-09: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
MixedOct 20, 2026
Reported results of operations (earnings release).
Clearway Energy filed an SEC 8-K on 2026-10-20: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
MixedOct 7, 2026
Entered a material definitive agreement.
Clearway Energy filed an SEC 8-K on 2026-10-07: Entered a material definitive agreement. It is a dated development that tests the current thesis.

Evidence assessed 2026-11-12 · Page updated 2026-11-12

Risks / falsifiers

What could break the thesis

Material PPA expirations or renewals that shift large portions of generation to merchant-price exposure.
Loss of access to affordable capital (tax-equity or debt markets) that halts acquisitions/project deliveries.
Prolonged weak wholesale power prices or higher O&M and transmission costs that compress realized margins.

CWEN news

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Financial statements

CWEN income statement

Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.

CWEN: quick answers

When does Clearway Energy (CWEN) report earnings next?: Clearway Energy's next results are projected for February 22, 2027, from the dates of its own results filings with the SEC. The company has not confirmed the date. It last reported on November 9, 2026. Earnings calendar
What is CWEN's short interest?: As of October 30, 2026, 7.4M CWEN shares were sold short, 6.08% of its shares outstanding, down 6.8% from the count before. At the stock's average daily volume that is 6.7 days to cover. FINRA publishes the count twice a month. CWEN short interest history
Which well-known investors own CWEN?: 1 of the 37 well-known funds tracked here reported CWEN shares in their latest 13F filing. By share of the fund's portfolio: Bridgewater Associates (Ray Dalio), 0.0%. Fund portfolios

CWEN in well-known investors’ portfolios

1 of 37 funds reported CWEN shares in their latest 13F filing. A 13F shows quarter-end positions and arrives up to 45 days later.

Fund	Of its portfolio	Value	Change	Quarter
Ray DalioBridgewater Associates	0.01%	$2.8M	+584.2%	Q2 2026

Every fund’s portfolio