vs

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

IMMERSION CORP is the larger business by last-quarter revenue ($372.9M vs $354.0M, roughly 1.1× Clearway Energy, Inc.). IMMERSION CORP runs the higher net margin — -4.6% vs -19.2%, a 14.6% gap on every dollar of revenue. On growth, IMMERSION CORP posted the faster year-over-year revenue change (750.4% vs 18.8%). Over the past eight quarters, IMMERSION CORP's revenue compounded faster (537.9% CAGR vs -1.7%).

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...

Immersion Corporation is an Aventura, Florida based developer and licensor of touch feedback technology, also known as haptic technology. Immersion Corporation has been accused of being a patent troll. Founded in 1993 by Louis Rosenberg, it is currently headed by lawyer Francis Jose, who serves as both chief executive officer and general counsel.

CWEN vs IMMR — Head-to-Head

Bigger by revenue
IMMR
IMMR
1.1× larger
IMMR
$372.9M
$354.0M
CWEN
Growing faster (revenue YoY)
IMMR
IMMR
+731.6% gap
IMMR
750.4%
18.8%
CWEN
Higher net margin
IMMR
IMMR
14.6% more per $
IMMR
-4.6%
-19.2%
CWEN
Faster 2-yr revenue CAGR
IMMR
IMMR
Annualised
IMMR
537.9%
-1.7%
CWEN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CWEN
CWEN
IMMR
IMMR
Revenue
$354.0M
$372.9M
Net Profit
$-68.0M
$-17.0M
Gross Margin
Operating Margin
5.6%
-2.8%
Net Margin
-19.2%
-4.6%
Revenue YoY
18.8%
750.4%
Net Profit YoY
34.6%
-191.3%
EPS (diluted)
$-0.57

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
IMMR
IMMR
Q1 26
$354.0M
Q4 25
$310.0M
Q3 25
$429.0M
Q2 25
$392.0M
$372.9M
Q1 25
$298.0M
$471.3M
Q4 24
$256.0M
$616.2M
Q3 24
$486.0M
Q2 24
$366.0M
$95.5M
Net Profit
CWEN
CWEN
IMMR
IMMR
Q1 26
$-68.0M
Q4 25
$-104.0M
Q3 25
$236.0M
Q2 25
$33.0M
$-17.0M
Q1 25
$4.0M
$24.1M
Q4 24
$3.0M
$30.8M
Q3 24
$36.0M
Q2 24
$51.0M
$26.4M
Gross Margin
CWEN
CWEN
IMMR
IMMR
Q1 26
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%
Operating Margin
CWEN
CWEN
IMMR
IMMR
Q1 26
5.6%
Q4 25
-11.9%
Q3 25
26.1%
Q2 25
21.7%
-2.8%
Q1 25
7.5%
Q4 24
-14.5%
11.4%
Q3 24
36.6%
Q2 24
23.0%
23.7%
Net Margin
CWEN
CWEN
IMMR
IMMR
Q1 26
-19.2%
Q4 25
-33.5%
Q3 25
55.0%
Q2 25
8.4%
-4.6%
Q1 25
1.3%
5.1%
Q4 24
1.2%
5.0%
Q3 24
7.4%
Q2 24
13.9%
27.7%
EPS (diluted)
CWEN
CWEN
IMMR
IMMR
Q1 26
Q4 25
Q3 25
Q2 25
$-0.57
Q1 25
$0.73
Q4 24
$0.93
Q3 24
Q2 24
$0.81

Balance Sheet & Financial Strength

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

Metric
CWEN
CWEN
IMMR
IMMR
Cash + ST InvestmentsLiquidity on hand
$325.0M
$161.4M
Total DebtLower is stronger
$9.1B
$103.1M
Stockholders' EquityBook value
$5.5B
$298.1M
Total Assets
$16.9B
$1.1B
Debt / EquityLower = less leverage
1.66×
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWEN
CWEN
IMMR
IMMR
Q1 26
$325.0M
Q4 25
$231.0M
Q3 25
$251.0M
Q2 25
$260.0M
$161.4M
Q1 25
$297.0M
$153.9M
Q4 24
$332.0M
$159.3M
Q3 24
$292.0M
Q2 24
$226.0M
$133.4M
Total Debt
CWEN
CWEN
IMMR
IMMR
Q1 26
$9.1B
Q4 25
$7.9B
Q3 25
$8.1B
Q2 25
$8.3B
$103.1M
Q1 25
$7.2B
Q4 24
$6.8B
Q3 24
$6.7B
Q2 24
$6.8B
Stockholders' Equity
CWEN
CWEN
IMMR
IMMR
Q1 26
$5.5B
Q4 25
$5.8B
Q3 25
$5.7B
Q2 25
$5.5B
$298.1M
Q1 25
$5.4B
$317.9M
Q4 24
$5.6B
$305.5M
Q3 24
$5.6B
Q2 24
$5.7B
$273.4M
Total Assets
CWEN
CWEN
IMMR
IMMR
Q1 26
$16.9B
Q4 25
$16.7B
Q3 25
$16.1B
Q2 25
$16.0B
$1.1B
Q1 25
$14.6B
$1.4B
Q4 24
$14.3B
$1.4B
Q3 24
$14.2B
Q2 24
$14.5B
$1.2B
Debt / Equity
CWEN
CWEN
IMMR
IMMR
Q1 26
1.66×
Q4 25
1.36×
Q3 25
1.41×
Q2 25
1.49×
0.35×
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
IMMR
IMMR
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
IMMR
IMMR
Q1 26
$401.0M
Q4 25
$177.0M
Q3 25
$225.0M
Q2 25
$191.0M
Q1 25
$95.0M
$-43.7M
Q4 24
$192.0M
Q3 24
$301.0M
Q2 24
$196.0M
$-85.9M
Free Cash Flow
CWEN
CWEN
IMMR
IMMR
Q1 26
Q4 25
$71.0M
Q3 25
$144.0M
Q2 25
$115.0M
Q1 25
$39.0M
$-46.2M
Q4 24
$142.0M
Q3 24
$266.0M
Q2 24
$92.0M
FCF Margin
CWEN
CWEN
IMMR
IMMR
Q1 26
Q4 25
22.9%
Q3 25
33.6%
Q2 25
29.3%
Q1 25
13.1%
-9.8%
Q4 24
55.5%
Q3 24
54.7%
Q2 24
25.1%
Capex Intensity
CWEN
CWEN
IMMR
IMMR
Q1 26
21.2%
Q4 25
34.2%
Q3 25
18.9%
Q2 25
19.4%
Q1 25
18.8%
0.5%
Q4 24
19.5%
Q3 24
7.2%
Q2 24
28.4%
Cash Conversion
CWEN
CWEN
IMMR
IMMR
Q1 26
Q4 25
Q3 25
0.95×
Q2 25
5.79×
Q1 25
23.75×
-1.82×
Q4 24
64.00×
Q3 24
8.36×
Q2 24
3.84×
-3.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CWEN
CWEN

Segment breakdown not available.

IMMR
IMMR

Course Material Sale$150.9M40%
General Merchandise Sale$138.0M37%
Rental Services$51.8M14%
Services And Other Revenue$25.6M7%
Per Unit Royalties$1.8M0%

Related Comparisons