CWAN - NYSE

Clearwater Analytics Holdings, Inc.

CWAN·NYSE

$24.39

+0.062%

TechnologySoftware - Application

Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities. The company offers investment accounting and reporting, performance measurement, compliance monitoring, and risk analytics solutions. Its Clearwater Prism solution enables self-service access to data feeds from accounting, compliance, performance, and risk systems, including those offered by the company and other third-party software vendors, as well as provides flexible reporting to various users. The company was incorporated in 2021 and is headquartered in Boise, Idaho.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$7.25B

EPS-0.1400

P/E Ratio-174.21

Earnings Date08/05/2026

3.03B

Assets

159%

3Y+529.0%

5Y+2524.0%

10Y+4640.0%

1.00B

Total Liabilities

618%

3Y+597.0%

5Y+117.0%

10Y+278.0%

2.03B

Total Equity

97%

3Y+500.0%

5Y-689.0%

10Y-1112.0%

Clearwater Analytics Holdings, Inc. Funding & Solvency Profile

CWAN · NYSE

Current Assets

Cash & Cash Equivalents91.25M

Net Receivables171.93M

Inventory0.00

Other Current Assets32.39M

Total Current Assets296 M

Non-Current Assets

Property, Plant & Equipment60.91M

Goodwill & Intangible Assets1.96B

Long-Term Investments167.00K

Other Non-Current Assets21.65M

Total Non-Current Assets83 M

Total Assets

3.03B

Financial Health Analysis

Current Ratio

1.83x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

0.49x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

134 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

10% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Clearwater Analytics Holdings, Inc. Balance Sheet

CWAN • NYSE

Clearwater Analytics Holdings, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	91.2M	177.4M	221.8M	250.7M	254.6M	61.1M	20.3M
Short-Term Investments	0.0	78.1M	74.5M	4.9M	0.0	0.0	0.0
Cash & Short-Term Investments	91.2M	255.5M	296.2M	255.6M	254.6M	61.1M	20.3M
Net Receivables	171.9M	110.2M	100.9M	79.2M	50.2M	32.9M	26.6M
Accounts Receivables	169.4M	59.8M	45.5M	41.6M	23.1M	32.9M	8.5M
Other Receivables	2.5M	50.3M	55.4M	37.6M	27.1M	0.0	18.1M
Prepaids	0.0	12.8M	13.2M	14.9M	11.7M	4.1M	3.1M
Other Current Assets	32.4M	6.2M	5.6M	6.6M	4.8M	3.4M	2.9M
Total Current Assets	295.6M	384.6M	416M	356.3M	321.3M	101.5M	52.8M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	60.9M	39.6M	37.9M	39.2M	10.7M	8.8M	7.1M
Goodwill	1.3B	71M	45.3M	43.8M	0.0	0.0	0.0
Intangible Assets	687.6M	30.9M	26.1M	29.5M	0.0	0.0	0.0
Goodwill & Intangible Assets	2B	101.8M	71.5M	73.2M	0.0	0.0	0.0
Long-Term Investments	167K	30.3M	21.5M	0.0	0.0	0.0	0.0
Tax Assets	696M	602.5M	1.3M	1.6M	675K	0.0	0.0
Other Non-Current Assets	21.7M	10.7M	10.5M	11.6M	11.6M	5.2M	4.1M
Total Non-Current Assets	2.7B	784.9M	142.7M	125.6M	23M	14M	11.2M
Other Assets	0.0	0.0	-1K	0.0	0.0	0.0	0.0
Total Assets	3B	1.2B	558.7M	481.9M	344.4M	115.6M	64M
LIABILITIES
CURRENT LIABILITIES
Total Payables	5.7M	3.4M	25.4M	19.8M	3.8M	1.3M	2M
Accounts Payable	4.1M	2.9M	3.1M	3.1M	1.4M	1.3M	1.1M
Other Payables	1.6M	461K	22.3M	16.7M	2.4M	0.0	891K
Accrued Expenses	0.0	29.5M	22.7M	18.1M	15.4M	23.6M	9.3M
Short Term Debt	23.1M	2.8M	2.8M	2.8M	2.8M	3.1M	2.8M
Capital Lease Obligations (Current)	0.0	8.4M	6.6M	5.9M	0.0	0.0	0.0
Tax Payables	0.0	461K	22.3M	16.7M	2.4M	0.0	891K
Deferred Revenue	21.9M	7.3M	2.8M	1.2M	795K	0.0	1.4M
Other Current Liabilities	110.7M	25.7M	20.6M	18.3M	8.4M	10.2M	5M
Total Current Liabilities	161.3M	77.1M	80.8M	66M	31.2M	38.2M	20.6M
NON-CURRENT LIABILITIES
Long Term Debt	837.2M	43.2M	45.8M	48.5M	51.2M	421.8M	244.1M
Deferred Tax Liabilities (Non-Current)	756K	1.3M	5.4M	5.9M	0.0	0.0	0.0
Other Non-Current Liabilities	-21M	160K	162K	3.6M	132K	134K	59K
Total Non-Current Liabilities	839.5M	62.3M	68.3M	77.5M	51.3M	422M	244.1M
Capital Lease Obligations	22.6M	26M	23.5M	25.4M	0.0	0.0	0.0
Total Liabilities	1B	139.3M	149.1M	143.6M	82.5M	460.2M	264.7M
SHAREHOLDERS' EQUITY
Common Stock	293K	248K	244K	239K	236K	-245.8M	0.0
Additional Paid-In Capital	1.8B	725.2M	532.5M	455.3M	388.6M	0.0	867K
Retained Earnings	260M	283.9M	-181.3M	-186.6M	-191.9M	0.0	-201.6M
Accumulated Other Comprehensive Income/Loss	7.1M	-1.1M	2.9M	609K	-34K	-98.8M	-13K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	-1.0	0.0
Total Stockholders' Equity	2B	1B	354.3M	269.5M	196.9M	-344.6M	-200.7M
Total Equity	2B	1B	409.7M	338.4M	261.9M	-344.6M	-200.7M
Minority Interest	9.4M	22M	55.3M	68.9M	65M	0.0	0.0
SUMMARY
Total Liabilities & Equity	3B	1.2B	558.7M	481.9M	344.4M	115.6M	64M
Total Investments	167K	108.4M	96M	4.9M	0.0	0.0	0.0
Total Debt	882.9M	71.9M	72.1M	76.6M	53.9M	424.9M	246.9M
Net Debt	791.6M	-105.4M	-149.7M	-174.1M	-200.7M	363.8M	226.6M
Shares Outstanding	288,154,032	288,154,032	288,154,032	288,154,032	288,154,032	288,154,032	288,154,032

SEC Filings

CWAN - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 06, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 01, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 18, 2026	February 18, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 18, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 23, 2026	January 23, 2026	2026	View Filing
DEF 14A DEF 14A 2025 N/A	December 22, 2025	December 22, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 22, 2025	December 20, 2025	2025	View Filing

Showing 1 to 10 of 90 filings

Related Guides

Blog Categories

Continue your CWAN research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.