Clearwater Analytics Holdings, Inc.

NYSE:CWAN Stock Report

Market Cap: US$7.0b

Clearwater Analytics Holdings Past Earnings Performance

Past criteria checks 0/6

Clearwater Analytics Holdings has been growing earnings at an average annual rate of 73.6%, while the Software industry saw earnings growing at 22.5% annually. Revenues have been growing at an average rate of 23.1% per year.

Key information

73.62%

Earnings growth rate

72.78%

EPS growth rate

Software Industry Growth17.33%
Revenue growth rate23.15%
Return on equity-1.98%
Net Margin-5.31%
Last Earnings Update31 Dec 2025

Recent past performance updates

Additional Considerations Required While Assessing Clearwater Analytics Holdings' (NYSE:CWAN) Strong Earnings

Nov 13
Additional Considerations Required While Assessing Clearwater Analytics Holdings' (NYSE:CWAN) Strong Earnings

Recent updates

Investor Optimism Abounds Clearwater Analytics Holdings, Inc. (NYSE:CWAN) But Growth Is Lacking

Dec 04
Investor Optimism Abounds Clearwater Analytics Holdings, Inc. (NYSE:CWAN) But Growth Is Lacking

Additional Considerations Required While Assessing Clearwater Analytics Holdings' (NYSE:CWAN) Strong Earnings

Nov 13
Additional Considerations Required While Assessing Clearwater Analytics Holdings' (NYSE:CWAN) Strong Earnings

Clearwater Analytics: Pipeline Is Robust As Expansion Continues

Nov 10

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

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

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

Clearwater Analytics Holdings: Growth Outlook Remains Very Robust

Feb 23
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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

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
31 Dec 25731-39295196
30 Sep 25640393241180
30 Jun 25551406206165
31 Mar 25476429170150
31 Dec 24452424166151
30 Sep 244241148143
30 Jun 24403-5148139
31 Mar 24386-15150134
31 Dec 23368-22154124
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 is currently unprofitable.

Growing Profit Margin: CWAN is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CWAN is unprofitable, but has reduced losses over the past 5 years at a rate of 73.6% per year.

Accelerating Growth: Unable to compare CWAN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CWAN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20.2%).


Return on Equity

High ROE: CWAN has a negative Return on Equity (-1.98%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/06 07:13
End of Day Share Price 2026/03/06 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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 15 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
Peter HeckmannD.A. Davidson & Co.
Gabriela BorgesGoldman Sachs