Clearwater Analytics Holdings (CWAN) Asset Utilization Ratio (2021 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Asset Utilization Ratio came in at 0.27 in Q1 2026, down 29.7% on a YoY basis from 0.39 in Q1 2025, and up 12.23% quarter-over-quarter from 0.24 in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Asset Utilization Ratio for 6 consecutive years, with 0.27 the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 29.7% year-over-year to 0.27; the trailing twelve-month figure through Mar 2026 stood at 0.27 (down 29.7% YoY), and the FY2025 full-year result was 0.35, down 33.41% from the prior year.
- Asset Utilization Ratio grew to 0.27 in Q1 2026 per CWAN's latest filing, from 0.24 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.73 in Q1 2022 and bottomed at 0.21 in Q3 2025.
- Historically, Asset Utilization Ratio has averaged 0.56 across 5 years, with a median of 0.67 in 2023.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio grew 7.1% in 2024, then plunged 69.66% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.67 in 2022, then dropped by 0.02% to 0.67 in 2023, then retreated by 25.11% to 0.5 in 2024, then sank by 51.81% to 0.24 in 2025, then increased by 12.23% to 0.27 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.27, 0.24, and 0.21 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 0.57 |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 0.27 |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 0.44 |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 0.16 |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 0.50 |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 0.73 |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 3.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.50 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.70 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.67 |
| Jun 30, 2023 | 0.67 |
| Mar 31, 2023 | 0.65 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.71 |
| Jun 30, 2022 | 0.71 |
| Mar 31, 2022 | 0.73 |
| Dec 31, 2021 | 0.75 |