Clearwater Analytics Holdings, Inc.

NYSE:CWAN Stock Report

Market Cap: US$5.9b

Clearwater Analytics Holdings Past Earnings Performance

Past criteria checks 3/6

Clearwater Analytics Holdings has been growing earnings at an average annual rate of 95.4%, while the Software industry saw earnings growing at 21.3% annually. Revenues have been growing at an average rate of 21.1% per year. Clearwater Analytics Holdings's return on equity is 20.5%, and it has net margins of 73.7%.

Key information

95.43%

Earnings growth rate

100.99%

EPS growth rate

Software Industry Growth17.33%
Revenue growth rate21.12%
Return on equity20.52%
Net Margin73.74%
Last Earnings Update30 Jun 2025

Recent past performance updates

We Think Shareholders Should Be Aware Of Some Factors Beyond Clearwater Analytics Holdings' (NYSE:CWAN) Profit

Feb 27
We Think Shareholders Should Be Aware Of Some Factors Beyond Clearwater Analytics Holdings' (NYSE:CWAN) Profit

Recent updates

Clearwater Analytics Holdings (NYSE:CWAN) Has A Rock Solid Balance Sheet

Jul 13
Clearwater Analytics Holdings (NYSE:CWAN) Has A Rock Solid Balance Sheet

Clearwater Analytics Holdings: Clear Case Of Undervaluation Despite Integration Concerns

Jun 24

Is There An Opportunity With Clearwater Analytics Holdings, Inc.'s (NYSE:CWAN) 43% Undervaluation?

May 20
Is There An Opportunity With Clearwater Analytics Holdings, Inc.'s (NYSE:CWAN) 43% Undervaluation?

Clearwater Analytics: 3 Acquisitions That Make This A Strong Buy

Apr 24

What You Can Learn From Clearwater Analytics Holdings, Inc.'s (NYSE:CWAN) P/S

Apr 23
What You Can Learn From Clearwater Analytics Holdings, Inc.'s (NYSE:CWAN) P/S

Clearwater Analytics Holdings (NYSE:CWAN) Could Easily Take On More Debt

Mar 28
Clearwater Analytics Holdings (NYSE:CWAN) Could Easily Take On More Debt

We Think Shareholders Should Be Aware Of Some Factors Beyond Clearwater Analytics Holdings' (NYSE:CWAN) Profit

Feb 27
We Think Shareholders Should Be Aware Of Some Factors Beyond Clearwater Analytics Holdings' (NYSE:CWAN) Profit

Clearwater Analytics Holdings: Growth Outlook Remains Very Robust

Feb 23
author-image

Global Expansion, Generative AI, And Snowflake Partnership Will Drive Future Success

Strategic global expansion, upselling, and partnerships position the company for potential revenue growth and improved margins.

Clearwater Analytics Holdings: Positive On Growth Acceleration

Dec 04

Clearwater Analytics Holdings' (NYSE:CWAN) Returns On Capital Not Reflecting Well On The Business

Sep 23
Clearwater Analytics Holdings' (NYSE:CWAN) Returns On Capital Not Reflecting Well On The Business

Clearwater Analytics: Turning Into A Bona Fide Cash Cow

Sep 13

Clearwater Analytics Holdings: Reiterate Buy Rating On Good Growth Outlook

Aug 02

Clearwater Analytics: Q1 Earnings Merit A Rating Upgrade

May 09

Clearwater Analytics: Strong Business But Questionable Margin Trends

Mar 28

Revenue & Expenses Breakdown

How Clearwater Analytics Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:CWAN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 25551406199165
31 Mar 25476429170150
31 Dec 24452424158151
30 Sep 244241146143
30 Jun 24403-5147139
31 Mar 24386-15150134
31 Dec 23368-22152124
30 Sep 23352-20147115
30 Jun 23334-21136108
31 Mar 23317-13124101
31 Dec 22303-811594
30 Sep 22291-511291
30 Jun 22278-1010484
31 Mar 22266-119578
31 Dec 21252-88372
30 Sep 21237-7814267
30 Jun 21226-5813064
31 Mar 21213-4812059
31 Dec 20203-4411555
31 Dec 1916885639

Quality Earnings: CWAN has a high level of non-cash earnings.

Growing Profit Margin: CWAN became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CWAN has become profitable over the past 5 years, growing earnings by 95.4% per year.

Accelerating Growth: CWAN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CWAN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (13.2%).


Return on Equity

High ROE: CWAN's Return on Equity (20.5%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/10 01:42
End of Day Share Price 2025/08/08 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clearwater Analytics Holdings, Inc. is covered by 17 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew SchmidtCitigroup Inc
Kevin McVeighCredit Suisse
Peter HeckmannD.A. Davidson & Co.