CWAN - NYSE
Clearwater Analytics Holdings, Inc.
$24.39
+0.062%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.
At a Glance
Live SnapshotClearwater Analytics Holdings, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Clearwater Analytics Holdings, Inc. Income Statement
CWAN • NYSE
| Clearwater Analytics Holdings, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
REVENUE | |||||||
731.4M | 451.8M | 368.2M | 303.4M | 252M | 203.2M | 168M | |
GROSS PROFIT | |||||||
(239.2M) | (123M) | (107.1M) | (87.8M) | (67.9M) | (53.3M) | (47.1M) | |
492.1M | 328.8M | 261M | 215.6M | 184.2M | 150M | 120.9M | |
OPERATING INCOME | |||||||
(464.1M) | (316.6M) | (277.8M) | (210.5M) | (155.7M) | (170.4M) | (95.2M) | |
(303.6M) | (166M) | (153.9M) | (116.4M) | (83M) | (66.1M) | (55.9M) | |
(196.2M) | (150.6M) | (123.9M) | (94.1M) | (72.7M) | (55.3M) | (39.3M) | |
28.1M | 12.2M | -16.7M | 5.1M | 28.5M | -20.4M | 25.7M | |
PRE-TAX INCOME | |||||||
(45.7M) | (0.0) | (0.0) | (0.0) | (25.7M) | (22.9M) | (17.8M) | |
-45.7M | 8.6M | 6.4M | 1.1M | -25.7M | -22.9M | -17.8M | |
-35.8M | (0.0) | (0.0) | (0.0) | (0.0) | (49M) | (0.0) | |
-77.8M | -42.3M | -6.1M | -10.5M | -36.1M | -22.9M | -17.9M | |
-49.7M | -30.1M | -22.9M | -5.3M | -7.6M | -43.3M | 7.8M | |
NET INCOME | |||||||
-9.4M | -457.6M | (217K) | (1.4M) | (487K) | (902K) | (73K) | |
-38.8M | 424.4M | -21.6M | -8M | -8.2M | -44.2M | 7.7M |
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 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 06, 2026 | 2026 | |
10-K/A 10-K/A 2025 FY (Amended) FY | April 01, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 18, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 18, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 17, 2026 | February 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 23, 2026 | January 23, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | December 22, 2025 | December 22, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 22, 2025 | December 20, 2025 | 2025 |
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