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Side-by-side financial comparison of Clearway Energy, Inc. (CWEN) and Krispy Kreme, Inc. (DNUT). Click either name above to swap in a different company.

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $310.0M, roughly 1.3× Clearway Energy, Inc.). Krispy Kreme, Inc. runs the higher net margin — -7.1% vs -33.5%, a 26.5% gap on every dollar of revenue. On growth, Clearway Energy, Inc. posted the faster year-over-year revenue change (21.1% vs -2.9%). Clearway Energy, Inc. produced more free cash flow last quarter ($71.0M vs $27.9M). Over the past eight quarters, Clearway Energy, Inc.'s revenue compounded faster (8.6% CAGR vs -5.9%).

NRG Energy, Inc. is an American energy company, headquartered in Houston, Texas. It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity. Their portfolio includes natural gas generation, coal generation, oil generation, nuclear generation, wind generation, utility-scale generation, and distributed solar generation. NRG serves over 7 million retail cust...

Krispy Kreme, Inc. is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company retur...

CWEN vs DNUT — Head-to-Head

Bigger by revenue
DNUT
DNUT
1.3× larger
DNUT
$392.4M
$310.0M
CWEN
Growing faster (revenue YoY)
CWEN
CWEN
+24.0% gap
CWEN
21.1%
-2.9%
DNUT
Higher net margin
DNUT
DNUT
26.5% more per $
DNUT
-7.1%
-33.5%
CWEN
More free cash flow
CWEN
CWEN
$43.1M more FCF
CWEN
$71.0M
$27.9M
DNUT
Faster 2-yr revenue CAGR
CWEN
CWEN
Annualised
CWEN
8.6%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CWEN
CWEN
DNUT
DNUT
Revenue
$310.0M
$392.4M
Net Profit
$-104.0M
$-27.8M
Gross Margin
51.9%
Operating Margin
-11.9%
-1.9%
Net Margin
-33.5%
-7.1%
Revenue YoY
21.1%
-2.9%
Net Profit YoY
-3566.7%
-23.8%
EPS (diluted)
$-0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CWEN
CWEN
DNUT
DNUT
Q4 25
$310.0M
$392.4M
Q3 25
$429.0M
$375.3M
Q2 25
$392.0M
$379.8M
Q1 25
$298.0M
$375.2M
Q4 24
$256.0M
$404.0M
Q3 24
$486.0M
$379.9M
Q2 24
$366.0M
$438.8M
Q1 24
$263.0M
$442.7M
Net Profit
CWEN
CWEN
DNUT
DNUT
Q4 25
$-104.0M
$-27.8M
Q3 25
$236.0M
$-19.4M
Q2 25
$33.0M
$-435.3M
Q1 25
$4.0M
$-33.3M
Q4 24
$3.0M
$-22.4M
Q3 24
$36.0M
$39.6M
Q2 24
$51.0M
$-5.5M
Q1 24
$-2.0M
$-8.5M
Gross Margin
CWEN
CWEN
DNUT
DNUT
Q4 25
51.9%
Q3 25
70.2%
Q2 25
66.6%
Q1 25
59.1%
Q4 24
52.0%
Q3 24
72.2%
Q2 24
68.0%
Q1 24
52.1%
Operating Margin
CWEN
CWEN
DNUT
DNUT
Q4 25
-11.9%
-1.9%
Q3 25
26.1%
-1.9%
Q2 25
21.7%
-114.4%
Q1 25
-5.4%
Q4 24
-14.5%
-2.8%
Q3 24
36.6%
-4.2%
Q2 24
23.0%
1.6%
Q1 24
-11.0%
2.7%
Net Margin
CWEN
CWEN
DNUT
DNUT
Q4 25
-33.5%
-7.1%
Q3 25
55.0%
-5.2%
Q2 25
8.4%
-114.6%
Q1 25
1.3%
-8.9%
Q4 24
1.2%
-5.6%
Q3 24
7.4%
10.4%
Q2 24
13.9%
-1.3%
Q1 24
-0.8%
-1.9%
EPS (diluted)
CWEN
CWEN
DNUT
DNUT
Q4 25
$-0.18
Q3 25
$-0.11
Q2 25
$-2.55
Q1 25
$-0.20
Q4 24
$-0.13
Q3 24
$0.23
Q2 24
$-0.03
Q1 24
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CWEN
CWEN
DNUT
DNUT
Cash + ST InvestmentsLiquidity on hand
$231.0M
$42.4M
Total DebtLower is stronger
$7.9B
$911.9M
Stockholders' EquityBook value
$5.8B
$650.1M
Total Assets
$16.7B
$2.6B
Debt / EquityLower = less leverage
1.36×
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWEN
CWEN
DNUT
DNUT
Q4 25
$231.0M
$42.4M
Q3 25
$251.0M
$30.7M
Q2 25
$260.0M
$21.3M
Q1 25
$297.0M
$18.7M
Q4 24
$332.0M
$29.0M
Q3 24
$292.0M
$25.4M
Q2 24
$226.0M
$28.6M
Q1 24
$478.0M
$33.1M
Total Debt
CWEN
CWEN
DNUT
DNUT
Q4 25
$7.9B
$911.9M
Q3 25
$8.1B
$906.2M
Q2 25
$8.3B
$889.4M
Q1 25
$7.2B
$935.0M
Q4 24
$6.8B
$844.5M
Q3 24
$6.7B
$804.6M
Q2 24
$6.8B
$895.0M
Q1 24
$7.6B
$881.8M
Stockholders' Equity
CWEN
CWEN
DNUT
DNUT
Q4 25
$5.8B
$650.1M
Q3 25
$5.7B
$670.3M
Q2 25
$5.5B
$693.6M
Q1 25
$5.4B
$1.1B
Q4 24
$5.6B
$1.1B
Q3 24
$5.6B
$1.2B
Q2 24
$5.7B
$1.1B
Q1 24
$5.0B
$1.2B
Total Assets
CWEN
CWEN
DNUT
DNUT
Q4 25
$16.7B
$2.6B
Q3 25
$16.1B
$2.6B
Q2 25
$16.0B
$2.6B
Q1 25
$14.6B
$3.1B
Q4 24
$14.3B
$3.1B
Q3 24
$14.2B
$3.1B
Q2 24
$14.5B
$3.2B
Q1 24
$14.9B
$3.2B
Debt / Equity
CWEN
CWEN
DNUT
DNUT
Q4 25
1.36×
1.40×
Q3 25
1.41×
1.35×
Q2 25
1.49×
1.28×
Q1 25
1.33×
0.85×
Q4 24
1.21×
0.74×
Q3 24
1.20×
0.68×
Q2 24
1.19×
0.79×
Q1 24
1.50×
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CWEN
CWEN
DNUT
DNUT
Operating Cash FlowLast quarter
$177.0M
$45.0M
Free Cash FlowOCF − Capex
$71.0M
$27.9M
FCF MarginFCF / Revenue
22.9%
7.1%
Capex IntensityCapex / Revenue
34.2%
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$369.0M
$-64.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWEN
CWEN
DNUT
DNUT
Q4 25
$177.0M
$45.0M
Q3 25
$225.0M
$42.3M
Q2 25
$191.0M
$-32.5M
Q1 25
$95.0M
$-20.8M
Q4 24
$192.0M
$27.0M
Q3 24
$301.0M
$3.3M
Q2 24
$196.0M
$33.2M
Q1 24
$81.0M
$-17.7M
Free Cash Flow
CWEN
CWEN
DNUT
DNUT
Q4 25
$71.0M
$27.9M
Q3 25
$144.0M
$15.5M
Q2 25
$115.0M
$-60.8M
Q1 25
$39.0M
$-46.7M
Q4 24
$142.0M
$-6.9M
Q3 24
$266.0M
$-22.9M
Q2 24
$92.0M
$1.6M
Q1 24
$-17.0M
$-46.8M
FCF Margin
CWEN
CWEN
DNUT
DNUT
Q4 25
22.9%
7.1%
Q3 25
33.6%
4.1%
Q2 25
29.3%
-16.0%
Q1 25
13.1%
-12.5%
Q4 24
55.5%
-1.7%
Q3 24
54.7%
-6.0%
Q2 24
25.1%
0.4%
Q1 24
-6.5%
-10.6%
Capex Intensity
CWEN
CWEN
DNUT
DNUT
Q4 25
34.2%
4.4%
Q3 25
18.9%
7.1%
Q2 25
19.4%
7.4%
Q1 25
18.8%
6.9%
Q4 24
19.5%
8.4%
Q3 24
7.2%
6.9%
Q2 24
28.4%
7.2%
Q1 24
37.3%
6.6%
Cash Conversion
CWEN
CWEN
DNUT
DNUT
Q4 25
Q3 25
0.95×
Q2 25
5.79×
Q1 25
23.75×
Q4 24
64.00×
Q3 24
8.36×
0.08×
Q2 24
3.84×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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