CWAN
Clearwater Analytics·NYSE
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CWAN fundamentals
During Q4 2025, Clearwater Analytics (CWAN) reported revenue of 217.46M, a YoY change of 71.95%. Net income was -12.53M, a YoY change of -102.98%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q3,2020 | Q4,2020 | Q1,2021 | Q2,2021 | Q3,2021 | Q4,2021 | Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | Q4,2025 | TTM |
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Start Date | Jul 1, 2020 | Oct 1, 2020 | Jan 1, 2021 | Apr 1, 2021 | Jul 1, 2021 | Oct 1, 2021 | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | Oct 1, 2025 | -- |
End Date | Sep 30, 2020 | Dec 31, 2020 | Mar 31, 2021 | Jun 30, 2021 | Sep 30, 2021 | Dec 31, 2021 | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | 53.35M -- | 54.76M -- | 56.89M -- | 60.88M -- | 64.49M +20.87% | 69.76M +27.40% | 70.78M +24.40% | 73.41M +20.59% | 76.55M +18.71% | 82.69M +18.53% | 84.61M +19.54% | 89.88M +22.44% | 94.66M +23.66% | 99.02M +19.75% | 102.72M +21.41% | 106.79M +18.82% | 115.83M +22.36% | 126.47M +27.72% | 126.86M +23.51% | 181.94M +70.37% | 205.11M +77.08% | 217.46M +71.95% | 731.37M -- |
Sales and Services Revenue | 53.35M -- | 54.76M -- | 56.89M -- | 60.88M -- | 64.49M +20.87% | 69.76M +27.40% | 70.78M +24.40% | 73.41M +20.59% | 76.55M +18.71% | 82.69M +18.53% | 84.61M +19.54% | 89.88M +22.44% | 94.66M +23.66% | 99.02M +19.75% | 102.72M +21.41% | 106.79M +18.82% | 115.83M +22.36% | 126.47M +27.72% | 126.86M +23.51% | 181.94M +70.37% | 205.11M +77.08% | 217.46M +71.95% | 731.37M -- |
Cost of Revenue | 12.32M -- | 14.05M -- | 14.32M -- | 15.58M -- | 17.79M +44.30% | 20.18M +43.67% | 21.17M +47.83% | 20.92M +34.30% | 22.72M +27.75% | 22.97M +13.83% | 24.82M +17.25% | 26.95M +28.85% | 27.01M +18.90% | 28.34M +23.34% | 28.18M +13.51% | 29.89M +10.89% | 31.36M +16.08% | 33.56M +18.44% | 33.92M +20.39% | 63.42M +112.19% | 70.64M +125.27% | 71.24M +112.26% | 239.22M -- |
Cost of Goods and Services | -- -- | 53.26M -- | -- -- | 29.90M -- | -- -- | 67.86M +27.41% | -- -- | -- -- | -- -- | 87.78M +29.35% | -- -- | -- -- | 27.01M -- | 28.34M -67.72% | 28.18M -- | 29.89M -- | 31.36M +16.08% | 33.56M +18.44% | 33.92M +20.39% | 63.42M +112.19% | 70.64M +125.27% | 71.24M +112.26% | 239.22M -- |
Gross Profit | 41.03M -- | 40.71M -- | 42.57M -- | 45.30M -- | 46.70M +13.83% | 49.58M +21.79% | 49.61M +16.52% | 52.49M +15.87% | 53.83M +15.26% | 59.71M +20.43% | 59.78M +20.51% | 62.92M +19.88% | 67.65M +25.67% | 70.68M +18.37% | 74.54M +24.69% | 76.90M +22.21% | 84.47M +24.86% | 92.90M +31.44% | 92.94M +24.68% | 118.51M +54.11% | 134.47M +59.19% | 146.22M +57.39% | 492.15M -- |
Operating Expenses | 24.52M -- | 102.21M -- | 30.59M -- | 36.74M -- | 39.44M +60.82% | 48.93M -52.13% | 48.33M +57.98% | 51.36M +39.81% | 55.00M +39.44% | 55.84M +14.12% | 66.10M +36.78% | 70.05M +36.38% | 73.54M +33.72% | 68.09M +21.95% | 74.71M +13.01% | 73.06M +4.29% | 77.13M +4.89% | 91.69M +34.65% | 85.86M +14.93% | 133.09M +82.18% | 127.92M +65.84% | 152.96M +66.83% | 499.83M -- |
Selling, General and Administrative Expenses | 9.77M -- | 36.78M -- | 14.75M -- | 20.00M -- | 21.03M +115.32% | 27.23M -25.96% | 27.03M +83.22% | 28.53M +42.65% | 29.56M +40.58% | 31.29M +14.90% | 38.00M +40.58% | 40.20M +40.93% | 41.29M +39.68% | 34.37M +9.84% | 37.03M -2.56% | 37.70M -6.23% | 40.52M -1.87% | 50.78M +47.76% | 48.46M +30.86% | 83.34M +121.08% | 75.85M +87.22% | 95.95M +88.95% | 303.61M -- |
Selling and Marketing Expenses | -- -- | 22.24M -- | -- -- | 16.02M -- | -- -- | 39.06M +75.63% | -- -- | -- -- | -- -- | 52.64M +34.74% | -- -- | -- -- | 15.02M -- | 16.32M -69.00% | 16.31M -- | 15.17M -- | 17.89M +19.10% | 17.89M +9.62% | 19.63M +20.35% | 39.22M +158.56% | 44.47M +148.59% | 45.86M +156.40% | 149.18M -- |
General and Administrative Expenses | -- -- | 43.87M -- | -- -- | 18.73M -- | -- -- | 43.94M +0.15% | -- -- | -- -- | -- -- | 63.77M +45.12% | -- -- | -- -- | 26.27M -- | 18.05M -71.69% | 20.72M -- | 22.53M -- | 22.63M -13.86% | 32.90M +82.24% | 28.83M +39.13% | 44.12M +95.84% | 31.38M +38.70% | 50.10M +52.29% | 154.43M -- |
Research and Development Expenses | 14.76M -- | 16.43M -- | 15.84M -- | 16.74M -- | 18.41M +24.76% | 21.70M +32.05% | 21.29M +34.47% | 22.84M +36.42% | 25.44M +38.14% | 24.55M +13.15% | 28.10M +31.96% | 29.85M +30.71% | 32.25M +26.78% | 33.73M +37.37% | 37.68M +34.08% | 35.36M +18.47% | 36.62M +13.54% | 40.90M +21.28% | 37.40M -0.73% | 49.76M +40.71% | 52.06M +42.18% | 57.01M +39.37% | 196.23M -- |
Other Operating Expenses | -- -- | 49.00M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Operating Income | 16.50M -- | -61.50M -- | 11.98M -- | 8.56M -- | 7.26M -56.00% | 654.00K +101.06% | 1.28M -89.33% | 1.13M -86.84% | -1.16M -116.03% | 3.88M +492.51% | -6.32M -594.37% | -7.13M -732.21% | -5.89M -405.76% | 2.59M -33.16% | -166.00K +97.37% | 3.84M +153.95% | 7.34M +224.65% | 1.22M -52.97% | 7.08M +4366.27% | -14.58M -479.29% | 6.55M -10.68% | -6.74M -653.61% | -7.69M -- |
Non-Operating Income (Loss) | -4.91M -- | -7.27M -- | -8.53M -- | -8.50M -- | -18.48M -276.50% | -569.00K +92.18% | -514.00K +93.97% | -3.06M +64.00% | -1.44M +92.22% | -5.44M -856.24% | 1.17M +327.63% | -4.92M -61.00% | 3.27M +327.40% | -5.64M -3.58% | 2.30M +96.92% | -3.49M +29.16% | -3.06M -193.43% | -38.06M -575.23% | 1.40M -39.06% | -11.92M -241.59% | -16.56M -442.00% | -14.91M +60.81% | -41.98M -- |
Other Non-Operating Income (Loss) | -97.00K -- | 157.00K -- | -78.00K -- | 78.00K -- | -10.17M -10387.63% | -148.00K -194.27% | -85.00K -8.97% | -2.66M -3505.13% | -2.13M +79.05% | -6.72M -4438.51% | -186.00K -118.82% | -6.26M -135.62% | 1.54M +172.13% | 3.52M +152.33% | 244.00K +231.18% | -2.41M +61.54% | -1.98M -228.76% | -36.99M -1152.26% | -290.00K -218.85% | 1.55M +164.23% | -439.00K +77.82% | 249.00K +100.67% | 1.07M -- |
Net Interest Expense | 4.81M -- | 7.43M -- | 8.45M -- | 8.57M -- | 8.30M +72.60% | 421.00K -94.33% | 429.00K -94.92% | 403.00K -95.30% | -693.00K -108.35% | -1.28M -403.09% | -1.36M -416.08% | -1.33M -430.77% | -1.73M -150.07% | 9.15M +817.16% | -2.06M -51.92% | 1.08M +181.17% | 1.08M +162.09% | 1.07M -88.32% | -1.69M +17.77% | 13.46M +1144.36% | 16.12M +1398.05% | 15.16M +1318.33% | 43.05M -- |
Interest Expense | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 4.73M -- | -- -- | 1.08M -- | 1.08M -- | 1.07M -77.39% | -- -- | 13.46M +1144.36% | 16.12M +1398.05% | 15.16M +1318.33% | -- -- |
Interest Income | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | 1.14M -- | 1.36M -- | 1.33M -- | 1.73M -- | -4.42M -488.92% | 2.06M +51.92% | -- -- | -- -- | -- -- | 1.69M -17.77% | -- -- | -- -- | -- -- | -- -- |
Pretax Income From Continuing Operations | 11.60M -- | -68.77M -- | 3.46M -- | 65.00K -- | -11.21M -196.67% | 85.00K +100.12% | 765.00K -77.86% | -1.93M -3072.31% | -2.60M +76.79% | -1.57M -1942.35% | -5.15M -773.59% | -12.05M -523.71% | -2.62M -0.58% | -3.05M -94.51% | 2.14M +141.49% | 355.00K +102.95% | 4.28M +263.66% | -36.84M -1109.39% | 8.49M +296.91% | -26.50M -7564.23% | -10.00M -333.57% | -21.66M +41.21% | -49.67M -- |
Income Tax Expense | 99.00K -- | 593.00K -- | 44.00K -- | 276.00K -- | 216.00K +118.18% | -49.00K -108.26% | 237.00K +438.64% | 298.00K +7.97% | 424.00K +96.30% | 401.00K +918.37% | 264.00K +11.39% | -174.00K -158.39% | -274.00K -164.62% | 401.00K -- | -98.00K -137.12% | 79.00K +145.40% | -486.00K -77.37% | -457.14M -114100.75% | 1.55M +1681.63% | -2.35M -3070.89% | 510.00K +204.94% | -9.13M +98.00% | -9.42M -- |
Current Income Tax | -- -- | 902.00K -- | -- -- | -- -- | -- -- | 1.17M +29.27% | -- -- | -- -- | -- -- | 2.23M +91.08% | -- -- | -- -- | -- -- | 1.88M -15.53% | -- -- | -- -- | -- -- | 2.38M +26.67% | -- -- | -- -- | -- -- | 3.31M +38.97% | -- -- |
Deferred Income Tax | -- -- | 0 -- | -- -- | -- -- | -- -- | -679.00K -- | -- -- | -- -- | -- -- | -868.00K -27.84% | -- -- | -- -- | -- -- | -1.67M -91.82% | -- -- | -- -- | -- -- | -460.03M -27529.55% | -- -- | -- -- | -- -- | -12.73M +97.23% | -- -- |
Net Income | 11.50M -- | -69.36M -- | 3.41M -- | -211.00K -- | -11.43M -199.38% | 134.00K +100.19% | 528.00K -84.52% | -2.23M -956.87% | -3.03M +73.52% | -1.97M -1567.91% | -5.42M -1125.95% | -11.88M -432.56% | -2.34M +22.57% | -3.45M -75.24% | 2.24M +141.28% | 276.00K +102.32% | 4.77M +303.54% | 420.31M +12293.36% | 6.94M +210.20% | -24.15M -8850.36% | -10.51M -320.47% | -12.53M -102.98% | -40.25M -- |
Net Income Attributable to Minority Interests | -- -- | 0 -- | -- -- | -- -- | -3.11M -- | 33.00K -- | 130.00K -- | 198.00K -- | -52.00K +98.33% | 995.00K +2915.15% | -1.03M -894.62% | -955.00K -582.32% | -454.00K -773.08% | 986.00K -0.90% | 338.00K +132.72% | 706.00K +173.93% | 1.14M +351.10% | 1.02M +3.75% | 426.00K +26.04% | -926.00K -231.16% | -179.00K -115.70% | -459.00K -144.87% | -1.14M -- |
Net Income Attributable to Owners of the Company | 11.50M -- | -69.36M -- | 3.41M -- | -211.00K -- | -8.31M -172.30% | 101.00K +100.15% | 398.00K -88.33% | -2.43M -1050.71% | -2.97M +64.23% | -2.96M -3032.67% | -4.38M -1201.51% | -10.92M -349.79% | -1.89M +36.48% | -4.43M -49.66% | 1.90M +143.29% | -430.00K +96.06% | 3.63M +292.11% | 419.28M +9558.20% | 6.51M +242.99% | -23.23M -5301.16% | -10.34M -384.79% | -12.07M -102.88% | -39.12M -- |
Net Income Attributable to Common Stockholders | 11.50M -- | -69.36M -- | 3.41M -- | -211.00K -- | -8.31M -172.30% | 101.00K +100.15% | 398.00K -88.33% | -2.43M -1050.71% | -2.97M +64.23% | -2.96M -3032.67% | -4.38M -1201.51% | -10.92M -349.79% | -1.89M +36.48% | -4.43M -49.66% | 1.90M +143.29% | -430.00K +96.06% | 3.63M +292.11% | 419.28M +9558.20% | 6.51M +242.99% | -23.23M -5301.16% | -10.34M -384.79% | -12.07M -102.88% | -39.12M -- |
Other Comprehensive Income | 79.00K -- | 142.00K -- | 21.00K -- | -5.00K -- | -127.00K -260.76% | 9.00K -93.66% | -300.00K -1528.57% | -961.00K -19120.00% | -1.10M -766.14% | 3.19M +35300.00% | 1.42M +571.67% | -333.00K +65.35% | -2.37M -115.27% | 4.07M +27.81% | -1.83M -229.33% | -543.00K -63.06% | 4.27M +280.32% | -6.41M -257.44% | 3.25M +277.81% | 6.56M +1308.66% | -851.00K -119.93% | -516.00K +91.95% | 8.45M -- |
Total Comprehensive Income | 11.58M -- | -69.22M -- | 3.43M -- | -216.00K -- | -11.55M -199.80% | 143.00K +100.21% | 228.00K -93.36% | -3.19M -1377.31% | -4.13M +64.29% | 1.22M +752.45% | -4.00M -1855.26% | -12.21M -282.61% | -4.71M -14.18% | 625.00K -48.73% | 406.00K +110.14% | -267.00K +97.81% | 9.04M +291.87% | 413.89M +66123.04% | 10.19M +2409.85% | -17.59M -6487.27% | -11.37M -225.73% | -13.04M -103.15% | -31.80M -- |
Total Comprehensive Income Attributable to Minority Interests | -- -- | 0 -- | -- -- | -- -- | -3.23M -- | 34.00K -- | 56.00K -- | -11.00K -- | -284.00K +91.22% | 1.69M +4876.47% | -752.00K -1442.86% | -1.01M -9127.27% | -853.00K -200.35% | 1.65M -2.48% | 103.00K +113.70% | -61.00K +93.99% | 1.62M +289.45% | 351.00K -78.73% | 589.00K +471.84% | -671.00K -1000.00% | -192.00K -111.88% | -520.00K -248.15% | -794.00K -- |
Total Comprehensive Income Attributable to Owners of the Company | 11.58M -- | -69.22M -- | 3.43M -- | -216.00K -- | -8.32M -171.88% | 109.00K +100.16% | 172.00K -94.99% | -3.18M -1372.22% | -3.84M +53.83% | -473.00K -533.94% | -3.25M -1989.53% | -11.19M -252.01% | -3.86M -0.42% | -1.02M -116.70% | 303.00K +109.32% | -206.00K +98.16% | 7.42M +292.41% | 413.54M +40445.66% | 9.60M +3068.65% | -16.92M -8112.14% | -11.17M -250.52% | -12.52M -103.03% | -31.01M -- |
Basic EPS | -- -- | -- -- | -- -- | -- -- | -0.05 -- | 0 -- | 0 -- | -0.01 -- | -0.02 +60.00% | -0.01 -- | -0.02 -- | -0.06 -500.00% | -0.01 +50.00% | -0.02 -100.00% | 0.01 +150.00% | 0 +100.00% | 0.02 +300.00% | 1.69 +8550.00% | 0.03 +200.00% | -0.09 -- | -0.04 -300.00% | -0.04 -102.37% | -0.14 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.01 -- | -- -- | 0.01 -- | 0 -- | 0.02 +300.00% | -- -- | 0.03 +200.00% | -0.09 -- | -0.04 -300.00% | -- -- | -- -- |
Diluted EPS | -- -- | -- -- | -- -- | -- -- | -0.05 -- | -- -- | 0 -- | -0.01 -- | -0.02 +60.00% | -- -- | -0.02 -- | -0.06 -500.00% | -0.01 +50.00% | -0.02 -- | 0.01 +150.00% | 0 +100.00% | 0.02 +300.00% | -- -- | 0.03 +200.00% | -0.09 -- | -0.04 -300.00% | -- -- | -- -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -0.01 -- | -- -- | 0.01 -- | 0 -- | 0.02 +300.00% | -- -- | 0.03 +200.00% | -0.09 -- | -0.04 -300.00% | -- -- | -- -- |
You can ask Aime
What guidance did Clearwater Analytics's management provide for the next earnings period?What is Clearwater Analytics's latest dividend and current dividend yield?What does Clearwater Analytics do and what are its main business segments?What is the revenue and EPS growth rate for Clearwater Analytics year over year?What is the market's earnings forecast for Clearwater Analytics next quarter?What were the key takeaways from Clearwater Analytics's earnings call?What factors drove the changes in Clearwater Analytics's revenue and profit?Did Clearwater Analytics beat or miss consensus estimates last quarter?
