Clearwater Analytics Holdings (CWAN) EBIAT (2020 - 2026)
Clearwater Analytics Holdings posted quarterly EBIAT of -$2.8 million for Q1 2026, down 140.31% year-on-year from $6.9 million in Q1 2025, and up 79.31% on a QoQ basis from -$13.5 million in Q4 2025.
Clearwater Analytics Holdings (CWAN) has 7 years of EBIAT data on file, last reported at -$2.8 million in Q1 2026.
- For the quarter ending Q1 2026, EBIAT fell 140.31% year-over-year to -$2.8 million; the trailing twelve-month figure through Mar 2026 stood at -$51.0 million (down 111.76% YoY), and the FY2025 full-year result was -$40.3 million, down 109.41% from the prior year.
- EBIAT for Q1 2026 stood at -$2.8 million, up from -$13.5 million in the prior quarter.
- Across five years, EBIAT topped out at $422.5 million in Q4 2024 and bottomed at -$24.2 million in Q2 2025.
- The 5-year median for EBIAT is -$2.8 million (2026), against an average of $20.7 million.
- The widest annual swing landed in 2024, when EBIAT jumped 7274.21%; it then sank 8850.36% in 2025.
- A 5-year view of EBIAT shows it stood at -$3.2 million in 2022, then tumbled by 81.82% to -$5.9 million in 2023, then surged by 7274.21% to $422.5 million in 2024, then plunged by 103.2% to -$13.5 million in 2025, then jumped by 79.31% to -$2.8 million in 2026.
- The last three EBIAT figures came in at -$2.8 million (Q1 2026), -$13.5 million (Q4 2025), and -$10.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.94 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 282.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -581.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 469.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 335.66 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.89 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 1.36 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 3.06 Bn |
| 10 | Clearwater Analytics Holdings | 7.17 Bn | 7.10 Bn | 145.55 Mn | -2.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.80 Mn |
| Dec 31, 2025 | -13.51 Mn |
| Sep 30, 2025 | -10.51 Mn |
| Jun 30, 2025 | -24.15 Mn |
| Mar 31, 2025 | 6.94 Mn |
| Dec 31, 2024 | 422.49 Mn |
| Sep 30, 2024 | 3.63 Mn |
| Jun 30, 2024 | 276,000.00 |
| Mar 31, 2024 | 2.24 Mn |
| Dec 31, 2023 | -5.89 Mn |
| Sep 30, 2023 | -1.89 Mn |
| Jun 30, 2023 | -11.88 Mn |
| Mar 31, 2023 | -5.42 Mn |
| Dec 31, 2022 | -3.24 Mn |
| Sep 30, 2022 | -3.03 Mn |
| Jun 30, 2022 | -2.23 Mn |
| Mar 31, 2022 | 528,000.00 |
| Dec 31, 2021 | -10.92 Mn |
| Sep 30, 2021 | -11.43 Mn |
| Jun 30, 2021 | -211,000.00 |
| Mar 31, 2021 | 3.41 Mn |
| Dec 31, 2020 | -69.36 Mn |
| Sep 30, 2020 | 11.50 Mn |