Growth Metrics

Clearwater Analytics Holdings (CWAN) EBIT Margin (2020 - 2026)

Clearwater Analytics Holdings posted quarterly EBIT Margin of 4.06% for Q1 2026, down 152.0% year-on-year from 7.81% in Q1 2025, and up 231.05% on a QoQ basis from 3.1% in Q4 2025.

Clearwater Analytics Holdings (CWAN) has 7 years of EBIT Margin data on file, last reported at 4.06% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin fell 152.0% year-over-year to 4.06%; the trailing twelve-month figure through Mar 2026 stood at 0.7% (down 479.0% YoY), and the FY2025 full-year result was 1.05%, down 376.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 4.06%, up from 3.1% in the prior quarter.
  • Across five years, EBIT Margin topped out at 6.34% in Q3 2024 and bottomed at 8.01% in Q2 2025.
  • The 5-year median for EBIT Margin is 1.54% (2022), against an average of 0.0%.
  • The widest annual swing landed in 2022, when EBIT Margin slumped 1925 bps; it then jumped 1255 bps in 2024.
  • A 5-year view of EBIT Margin shows it stood at 4.69% in 2022, then tumbled by 44 bps to 2.62% in 2023, then plunged by 63 bps to 0.96% in 2024, then plunged by 422 bps to 3.1% in 2025, then soared by 231 bps to 4.06% in 2026.
  • The last three EBIT Margin figures came in at 4.06% (Q1 2026), 3.1% (Q4 2025), and 3.2% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 28.69%
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 16.69%
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 14.56%
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 12.05%
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 13.34%
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 29.26%
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 37.79%
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -22.99%
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 46.97%
10 Clearwater Analytics Holdings 7.17 Bn 7.10 Bn 145.55 Mn 4.06%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 4.06%
Dec 31, 2025 -3.10%
Sep 30, 2025 3.20%
Jun 30, 2025 -8.01%
Mar 31, 2025 5.58%
Dec 31, 2024 0.96%
Sep 30, 2024 6.34%
Jun 30, 2024 3.60%
Mar 31, 2024 -0.16%
Dec 31, 2023 2.62%
Sep 30, 2023 -6.22%
Jun 30, 2023 -7.93%
Mar 31, 2023 -7.47%
Dec 31, 2022 4.69%
Sep 30, 2022 -1.52%
Jun 30, 2022 1.54%
Mar 31, 2022 1.81%
Dec 31, 2021 0.94%
Sep 30, 2021 11.26%
Jun 30, 2021 14.06%
Mar 31, 2021 21.06%
Dec 31, 2020 -112.31%
Sep 30, 2020 30.93%