Clearwater Analytics (CWAN) reported $731M in revenue for fiscal 2025, +61.9% year on year. That ranks #1977 by revenue among 2853 SEC filers and #357 in Technology. It posted a net loss of −$38.8M for the same year. Revenue has grown 27.8% a year on average since 2019 ($168M then). The fiscal 2025 balance sheet shows $3.0B in total assets, $91.2M in cash and $815M in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $731M | +61.9% | FY20252025-12-31 |
| Gross profitGrossProfit | $492M | +49.7% | FY20252025-12-31 |
| Operating incomeOperatingIncomeLoss | −$7.7M | −$19.9M | FY20252025-12-31 |
| Net incomeNetIncomeLoss | −$38.8M | −$463M | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $176M | +136.7% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $11.6M | +119.7% | FY20252025-12-31 |
| Total assetsAssets | $3.0B | +159.2% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $2.0B | +100.5% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $91.2M | −48.6% | FY20252025-12-31 |
| Long-term debtLongTermDebtNoncurrent | $815M | +1,780.8% | FY20252025-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $221M | −$2.8M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Profile
- Legal name
- Clearwater Analytics Holdings, Inc.
- Ticker
- CWAN
- Exchange
- NYSE
- SIC classification
- Services-Prepackaged Software (7372)
- Fiscal year end
- 12-31
- CIK
- 0001866368
Filings
- 10-QMay 7, 2026Open filing →
- 10-KFeb 18, 2026Open filing →
- 10-QNov 5, 2025Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| Doubleverify HoldingsDV | $748M | $50.7M |
| BrazeBRZE | $738M | −$131M |
| 8x8EGHT | $736M | $1.6M |
| Clearwater AnalyticsCWAN | $731M | −$38.8M |
| Descartes SystemsDSGX | $729M | $164M |
| AppianAPPN | $727M | $1.2M |
| Cars.comCARS | $723M | $20.1M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Clearwater Analytics — Key figures |url=https://companiesranked.com/en/company/clearwater-analytics |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Clearwater Analytics — Key figures. CompaniesRanked. https://companiesranked.com/en/company/clearwater-analyticsBibTeX
@misc{companiesranked-en-company-clearwater-analytics-2026,
author = {{CompaniesRanked}},
title = {{Clearwater Analytics — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/clearwater-analytics}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001866368-26-000011 · February 18, 2026
{{cite web |title=Clearwater Analytics — Key figures — 10-K (0001866368-26-000011) |url=https://www.sec.gov/Archives/edgar/data/1866368/000186636826000011/cwan-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-18}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.