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Side-by-side financial comparison of Clearway Energy, Inc. (CWEN) and Global-E Online Ltd. (GLBE). Click either name above to swap in a different company.

Global-E Online Ltd. is the larger business by last-quarter revenue ($625.5M vs $354.0M, roughly 1.8× Clearway Energy, Inc.). Global-E Online Ltd. runs the higher net margin — 0.9% vs -19.2%, a 20.1% gap on every dollar of revenue.

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...

Global-E Online Ltd. operates a leading cross-border e-commerce enablement platform that helps direct-to-consumer brands and retail enterprises expand their international sales reach. It offers end-to-end services including localized checkout, payment processing, customs clearance, logistics coordination, and duty calculation, serving clients across North America, Europe, and the Asia-Pacific region.

CWEN vs GLBE — Head-to-Head

Bigger by revenue
GLBE
GLBE
1.8× larger
GLBE
$625.5M
$354.0M
CWEN
Higher net margin
GLBE
GLBE
20.1% more per $
GLBE
0.9%
-19.2%
CWEN

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CWEN
CWEN
GLBE
GLBE
Revenue
$354.0M
$625.5M
Net Profit
$-68.0M
$5.8M
Gross Margin
45.0%
Operating Margin
5.6%
1.3%
Net Margin
-19.2%
0.9%
Revenue YoY
18.8%
Net Profit YoY
34.6%
EPS (diluted)

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
GLBE
GLBE
Q1 26
$354.0M
Q4 25
$310.0M
Q3 25
$429.0M
$625.5M
Q2 25
$392.0M
$404.8M
Q1 25
$298.0M
$189.9M
Q4 24
$256.0M
Q3 24
$486.0M
$489.9M
Q2 24
$366.0M
$313.9M
Net Profit
CWEN
CWEN
GLBE
GLBE
Q1 26
$-68.0M
Q4 25
$-104.0M
Q3 25
$236.0M
$5.8M
Q2 25
$33.0M
$-7.4M
Q1 25
$4.0M
Q4 24
$3.0M
Q3 24
$36.0M
$-77.1M
Q2 24
$51.0M
$-54.5M
Gross Margin
CWEN
CWEN
GLBE
GLBE
Q1 26
Q4 25
51.9%
Q3 25
70.2%
45.0%
Q2 25
66.6%
44.9%
Q1 25
59.1%
44.3%
Q4 24
52.0%
Q3 24
72.2%
45.1%
Q2 24
68.0%
44.8%
Operating Margin
CWEN
CWEN
GLBE
GLBE
Q1 26
5.6%
Q4 25
-11.9%
Q3 25
26.1%
1.3%
Q2 25
21.7%
-2.1%
Q1 25
-10.1%
Q4 24
-14.5%
Q3 24
36.6%
-14.9%
Q2 24
23.0%
-16.6%
Net Margin
CWEN
CWEN
GLBE
GLBE
Q1 26
-19.2%
Q4 25
-33.5%
Q3 25
55.0%
0.9%
Q2 25
8.4%
-1.8%
Q1 25
1.3%
Q4 24
1.2%
Q3 24
7.4%
-15.7%
Q2 24
13.9%
-17.4%

Balance Sheet & Financial Strength

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

Metric
CWEN
CWEN
GLBE
GLBE
Cash + ST InvestmentsLiquidity on hand
$325.0M
$251.4M
Total DebtLower is stronger
$9.1B
Stockholders' EquityBook value
$5.5B
$933.0M
Total Assets
$16.9B
$1.3B
Debt / EquityLower = less leverage
1.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWEN
CWEN
GLBE
GLBE
Q1 26
$325.0M
Q4 25
$231.0M
Q3 25
$251.0M
$251.4M
Q2 25
$260.0M
$205.2M
Q1 25
$297.0M
$207.7M
Q4 24
$332.0M
Q3 24
$292.0M
$207.3M
Q2 24
$226.0M
$229.8M
Total Debt
CWEN
CWEN
GLBE
GLBE
Q1 26
$9.1B
Q4 25
$7.9B
Q3 25
$8.1B
Q2 25
$8.3B
Q1 25
$7.2B
Q4 24
$6.8B
Q3 24
$6.7B
Q2 24
$6.8B
Stockholders' Equity
CWEN
CWEN
GLBE
GLBE
Q1 26
$5.5B
Q4 25
$5.8B
Q3 25
$5.7B
$933.0M
Q2 25
$5.5B
$909.1M
Q1 25
$5.4B
$884.3M
Q4 24
$5.6B
Q3 24
$5.6B
$869.4M
Q2 24
$5.7B
$878.7M
Total Assets
CWEN
CWEN
GLBE
GLBE
Q1 26
$16.9B
Q4 25
$16.7B
Q3 25
$16.1B
$1.3B
Q2 25
$16.0B
$1.2B
Q1 25
$14.6B
$1.2B
Q4 24
$14.3B
Q3 24
$14.2B
$1.2B
Q2 24
$14.5B
$1.1B
Debt / Equity
CWEN
CWEN
GLBE
GLBE
Q1 26
1.66×
Q4 25
1.36×
Q3 25
1.41×
Q2 25
1.49×
Q1 25
1.33×
Q4 24
1.21×
Q3 24
1.20×
Q2 24
1.19×

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
GLBE
GLBE
Operating Cash FlowLast quarter
$401.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
21.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWEN
CWEN
GLBE
GLBE
Q1 26
$401.0M
Q4 25
$177.0M
Q3 25
$225.0M
Q2 25
$191.0M
Q1 25
$95.0M
Q4 24
$192.0M
Q3 24
$301.0M
Q2 24
$196.0M
Free Cash Flow
CWEN
CWEN
GLBE
GLBE
Q1 26
Q4 25
$71.0M
Q3 25
$144.0M
Q2 25
$115.0M
Q1 25
$39.0M
Q4 24
$142.0M
Q3 24
$266.0M
Q2 24
$92.0M
FCF Margin
CWEN
CWEN
GLBE
GLBE
Q1 26
Q4 25
22.9%
Q3 25
33.6%
Q2 25
29.3%
Q1 25
13.1%
Q4 24
55.5%
Q3 24
54.7%
Q2 24
25.1%
Capex Intensity
CWEN
CWEN
GLBE
GLBE
Q1 26
21.2%
Q4 25
34.2%
Q3 25
18.9%
Q2 25
19.4%
Q1 25
18.8%
Q4 24
19.5%
Q3 24
7.2%
Q2 24
28.4%
Cash Conversion
CWEN
CWEN
GLBE
GLBE
Q1 26
Q4 25
Q3 25
0.95×
Q2 25
5.79×
Q1 25
23.75×
Q4 24
64.00×
Q3 24
8.36×
Q2 24
3.84×

Financial Flow Comparison

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

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