Growth Metrics

Clearwater Analytics Holdings (CWAN) Accumulated Expenses (2020 - 2026)

Clearwater Analytics Holdings posted quarterly Accumulated Expenses of $78.6 million for Q1 2026, up 29.9% year-on-year from $60.5 million in Q1 2025, and down 29.97% on a QoQ basis from $112.2 million in Q4 2025.

Clearwater Analytics Holdings (CWAN) has 7 years of Accumulated Expenses data on file, last reported at $78.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Accumulated Expenses rose 29.9% year-over-year to $78.6 million; the trailing twelve-month figure through Mar 2026 stood at $78.6 million (up 29.9% YoY), and the FY2025 full-year result was $112.2 million, up 101.69% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $78.6 million, down from $112.2 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $112.2 million in Q4 2025 and bottomed at $2.6 million in Q1 2022.
  • The 5-year median for Accumulated Expenses is $49.5 million (2023), against an average of $50.3 million.
  • The widest annual swing landed in 2022, when Accumulated Expenses soared 467888.89%; it then climbed 12.35% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $42.1 million in 2022, then rose by 17.61% to $49.5 million in 2023, then grew by 12.35% to $55.7 million in 2024, then soared by 101.69% to $112.2 million in 2025, then decreased by 29.97% to $78.6 million in 2026.
  • The last three Accumulated Expenses figures came in at $78.6 million (Q1 2026), $112.2 million (Q4 2025), and $83.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn
10 Clearwater Analytics Holdings 7.17 Bn 7.10 Bn 145.55 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 78.61 Mn
Dec 31, 2025 112.25 Mn
Sep 30, 2025 83.61 Mn
Jun 30, 2025 79.24 Mn
Mar 31, 2025 60.51 Mn
Dec 31, 2024 55.65 Mn
Sep 30, 2024 60.68 Mn
Jun 30, 2024 49.84 Mn
Mar 31, 2024 40.95 Mn
Dec 31, 2023 49.54 Mn
Sep 30, 2023 40.78 Mn
Jun 30, 2023 33.87 Mn
Mar 31, 2023 35.36 Mn
Dec 31, 2022 42.12 Mn
Sep 30, 2022 25.75 Mn
Jun 30, 2022 4.57 Mn
Mar 31, 2022 2.56 Mn
Dec 31, 2021 9,000.00
Sep 30, 2021 5.27 Mn
Dec 31, 2020 2.37 Mn