Clearwater Analytics Holdings, Inc. (CWAN) EBIT Margin (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported EBIT Margin of 4.06% for Q1 2026, down 1.52 percentage points from 5.58% a year earlier but up 7.16 percentage points from the prior quarter.
Clearwater Analytics Holdings, Inc. (CWAN) EBIT Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Clearwater Analytics Holdings' EBIT Margin came in at -0.70%, down 4.79 percentage points year-over-year; for FY2025, it was -1.05%, down 3.76 percentage points from FY2024.
- EBIT Margin has a five-year change of +9.00 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 2.71% in FY2024 (+7.26 pp), -4.55% in FY2023 (-6.23 pp), 1.69% in FY2022 (-9.61 pp) and 11.29% in FY2021 (+21.34 pp).
- Five-year quarterly EBIT Margin spans a low of -8.01% in Q2 2025 and a high of 14.06% in Q2 2021.
- Year over year, EBIT Margin has now declined in each of the last four quarters, with an average year-over-year change of +0.98 percentage points over the last eight quarters.
- The high point for year-over-year EBIT Margin in five years was Q4 2021 (a gain of 113.25 percentage points); the low point was Q3 2021 (a drop of 19.67 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at -3.10% (Q4 2025), 3.20% (Q3 2025) and -8.01% (Q2 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
Clearwater Analytics Holdings, Inc. EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=CWAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "CWAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();