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

Unity Software Inc. is the larger business by last-quarter revenue ($503.1M vs $310.0M, roughly 1.6× Clearway Energy, Inc.). Unity Software Inc. runs the higher net margin — -17.9% vs -33.5%, a 15.7% gap on every dollar of revenue. On growth, Clearway Energy, Inc. posted the faster year-over-year revenue change (21.1% vs 10.1%). Unity Software Inc. produced more free cash flow last quarter ($118.7M vs $71.0M). Over the past eight quarters, Clearway Energy, Inc.'s revenue compounded faster (8.6% CAGR vs 4.5%).

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...

Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.

CWEN vs U — Head-to-Head

Bigger by revenue
U
U
1.6× larger
U
$503.1M
$310.0M
CWEN
Growing faster (revenue YoY)
CWEN
CWEN
+11.0% gap
CWEN
21.1%
10.1%
U
Higher net margin
U
U
15.7% more per $
U
-17.9%
-33.5%
CWEN
More free cash flow
U
U
$47.7M more FCF
U
$118.7M
$71.0M
CWEN
Faster 2-yr revenue CAGR
CWEN
CWEN
Annualised
CWEN
8.6%
4.5%
U

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CWEN
CWEN
U
U
Revenue
$310.0M
$503.1M
Net Profit
$-104.0M
$-90.0M
Gross Margin
51.9%
74.3%
Operating Margin
-11.9%
-21.2%
Net Margin
-33.5%
-17.9%
Revenue YoY
21.1%
10.1%
Net Profit YoY
-3566.7%
26.7%
EPS (diluted)
$-0.21

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
U
U
Q4 25
$310.0M
$503.1M
Q3 25
$429.0M
$470.6M
Q2 25
$392.0M
$440.9M
Q1 25
$298.0M
$435.0M
Q4 24
$256.0M
$457.1M
Q3 24
$486.0M
$446.5M
Q2 24
$366.0M
$449.3M
Q1 24
$263.0M
$460.4M
Net Profit
CWEN
CWEN
U
U
Q4 25
$-104.0M
$-90.0M
Q3 25
$236.0M
$-126.4M
Q2 25
$33.0M
$-108.8M
Q1 25
$4.0M
$-77.6M
Q4 24
$3.0M
$-122.7M
Q3 24
$36.0M
$-124.7M
Q2 24
$51.0M
$-125.6M
Q1 24
$-2.0M
$-291.1M
Gross Margin
CWEN
CWEN
U
U
Q4 25
51.9%
74.3%
Q3 25
70.2%
74.4%
Q2 25
66.6%
74.1%
Q1 25
59.1%
73.8%
Q4 24
52.0%
74.7%
Q3 24
72.2%
74.9%
Q2 24
68.0%
75.8%
Q1 24
52.1%
68.6%
Operating Margin
CWEN
CWEN
U
U
Q4 25
-11.9%
-21.2%
Q3 25
26.1%
-26.7%
Q2 25
21.7%
-26.9%
Q1 25
-29.4%
Q4 24
-14.5%
-27.1%
Q3 24
36.6%
-28.5%
Q2 24
23.0%
-28.8%
Q1 24
-11.0%
-81.4%
Net Margin
CWEN
CWEN
U
U
Q4 25
-33.5%
-17.9%
Q3 25
55.0%
-26.9%
Q2 25
8.4%
-24.7%
Q1 25
1.3%
-17.8%
Q4 24
1.2%
-26.8%
Q3 24
7.4%
-27.9%
Q2 24
13.9%
-28.0%
Q1 24
-0.8%
-63.2%
EPS (diluted)
CWEN
CWEN
U
U
Q4 25
$-0.21
Q3 25
$-0.30
Q2 25
$-0.26
Q1 25
$-0.19
Q4 24
$-0.30
Q3 24
$-0.31
Q2 24
$-0.32
Q1 24
$-0.75

Balance Sheet & Financial Strength

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

Metric
CWEN
CWEN
U
U
Cash + ST InvestmentsLiquidity on hand
$231.0M
$2.1B
Total DebtLower is stronger
$7.9B
Stockholders' EquityBook value
$5.8B
$3.2B
Total Assets
$16.7B
$6.8B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWEN
CWEN
U
U
Q4 25
$231.0M
$2.1B
Q3 25
$251.0M
$1.9B
Q2 25
$260.0M
$1.7B
Q1 25
$297.0M
$1.5B
Q4 24
$332.0M
$1.5B
Q3 24
$292.0M
$1.4B
Q2 24
$226.0M
$1.3B
Q1 24
$478.0M
$1.2B
Total Debt
CWEN
CWEN
U
U
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
Q1 24
$7.6B
Stockholders' Equity
CWEN
CWEN
U
U
Q4 25
$5.8B
$3.2B
Q3 25
$5.7B
$3.2B
Q2 25
$5.5B
$3.2B
Q1 25
$5.4B
$3.2B
Q4 24
$5.6B
$3.2B
Q3 24
$5.6B
$3.2B
Q2 24
$5.7B
$3.2B
Q1 24
$5.0B
$3.2B
Total Assets
CWEN
CWEN
U
U
Q4 25
$16.7B
$6.8B
Q3 25
$16.1B
$6.8B
Q2 25
$16.0B
$6.7B
Q1 25
$14.6B
$6.6B
Q4 24
$14.3B
$6.7B
Q3 24
$14.2B
$6.7B
Q2 24
$14.5B
$6.7B
Q1 24
$14.9B
$6.8B
Debt / Equity
CWEN
CWEN
U
U
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×
Q1 24
1.50×

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
U
U
Operating Cash FlowLast quarter
$177.0M
$121.4M
Free Cash FlowOCF − Capex
$71.0M
$118.7M
FCF MarginFCF / Revenue
22.9%
23.6%
Capex IntensityCapex / Revenue
34.2%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$369.0M
$403.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWEN
CWEN
U
U
Q4 25
$177.0M
$121.4M
Q3 25
$225.0M
$155.4M
Q2 25
$191.0M
$133.1M
Q1 25
$95.0M
$13.0M
Q4 24
$192.0M
$112.2M
Q3 24
$301.0M
$122.4M
Q2 24
$196.0M
$88.4M
Q1 24
$81.0M
$-7.4M
Free Cash Flow
CWEN
CWEN
U
U
Q4 25
$71.0M
$118.7M
Q3 25
$144.0M
$151.3M
Q2 25
$115.0M
$126.7M
Q1 25
$39.0M
$7.3M
Q4 24
$142.0M
$105.8M
Q3 24
$266.0M
$115.2M
Q2 24
$92.0M
$79.6M
Q1 24
$-17.0M
$-14.6M
FCF Margin
CWEN
CWEN
U
U
Q4 25
22.9%
23.6%
Q3 25
33.6%
32.1%
Q2 25
29.3%
28.7%
Q1 25
13.1%
1.7%
Q4 24
55.5%
23.1%
Q3 24
54.7%
25.8%
Q2 24
25.1%
17.7%
Q1 24
-6.5%
-3.2%
Capex Intensity
CWEN
CWEN
U
U
Q4 25
34.2%
0.5%
Q3 25
18.9%
0.9%
Q2 25
19.4%
1.5%
Q1 25
18.8%
1.3%
Q4 24
19.5%
1.4%
Q3 24
7.2%
1.6%
Q2 24
28.4%
2.0%
Q1 24
37.3%
1.6%
Cash Conversion
CWEN
CWEN
U
U
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×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CWEN
CWEN

Segment breakdown not available.

U
U

Grow Solutions$338.2M67%
Create Solutions$164.9M33%

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