Clearwater Analytics Holdings (CWAN) Accumulated Expenses (2020 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Accumulated Expenses came in at $78.6 million in Q1 2026, up 29.9% on a YoY basis from $60.5 million in Q1 2025, and down 29.97% quarter-over-quarter from $112.2 million in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) Accumulated Expenses (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Accumulated Expenses for 7 consecutive years, with $78.6 million the latest figure, recorded 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 eased to $78.6 million in Q1 2026 per CWAN's latest filing, 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 $18.8 million in Q1 2022.
- Historically, Accumulated Expenses has averaged $52.3 million across 5 years, with a median of $49.5 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Accumulated Expenses decreased 8.2% in 2022, then jumped 101.69% in 2025.
- Over 5 years, Accumulated Expenses stood at $42.1 million in 2022, then gained by 17.61% to $49.5 million in 2023, then increased by 12.35% to $55.7 million in 2024, then jumped by 101.69% to $112.2 million in 2025, then slipped by 29.97% to $78.6 million in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $78.6 million, $112.2 million, and $83.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 20.92 Mn |
| Mar 31, 2022 | 18.82 Mn |
| Dec 31, 2021 | 27.03 Mn |
| Sep 30, 2021 | 28.04 Mn |
| Dec 31, 2020 | 33.79 Mn |