Clearwater Analytics Holdings CWAN
CWAN
$24.56 +0.00 (+0.00%)
At close: Jul 2, 2026 · 4:00 PM EDT

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

Clearwater Analytics Holdings' (CWAN) quarterly EBIT Margin came in at 4.06% in Q1 2026, down 152.0% on a YoY basis from 7.81% in Q1 2025, and up 231.05% quarter-over-quarter from 3.1% in Q4 2025.

Analysis

Clearwater Analytics Holdings (CWAN) EBIT Margin (2020 - 2026) Analysis & Trends

Clearwater Analytics Holdings (CWAN) has reported EBIT Margin for 7 consecutive years, with 4.06% the latest figure, recorded 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 advanced to 4.06% in Q1 2026 per CWAN's latest filing, 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.
  • Historically, EBIT Margin has averaged 0.0% across 5 years, with a median of 1.54% in 2022.
  • The sharpest annual moves came in 2022 and 2024: EBIT Margin sank 1925 bps in 2022, then surged 1255 bps in 2024.
  • Over 5 years, EBIT Margin stood at 4.69% in 2022, then slumped by 44 bps to 2.62% in 2023, then tumbled by 63 bps to 0.96% in 2024, then tumbled by 422 bps to 3.1% in 2025, then jumped by 231 bps to 4.06% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 4.06%, 3.1%, and 3.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Intuit 91.01 Bn 84.23 Bn 7.24 Bn 46.97%
2 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn 4.06%
3 Navan 7.02 Bn 6.34 Bn 163.06 Mn -8.22%
4 BILL Holdings 4.52 Bn 2.59 Bn 356.19 Mn -7.85%
5 Blackline 1.91 Bn 1.41 Bn 142.68 Mn 5.85%
6 Expensify 218.72 Mn 152.96 Mn 16.33 Mn -8.63%
7 Ankam 27.35 Mn 27.34 Mn 44,900.00 -119.06%
Historic Data

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%