Clearwater Analytics Holdings (CWAN) EBT (2020 - 2026)

Clearwater Analytics Holdings' (CWAN) quarterly EBT came in at -$3.6 million in Q1 2026, down 142.48% YoY from $8.5 million in Q1 2025, and up 83.35% on a QoQ basis from -$21.7 million in Q4 2025.

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

Clearwater Analytics Holdings (CWAN) has 7 years of EBT data on file, last reported at -$3.6 million in Q1 2026.

  • Quarterly EBT fell 142.48% year-over-year to -$3.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$61.8 million (down 160.45% YoY) and the FY2025 annual result came in at -$49.7 million, down 65.23% from the prior year.
  • EBT improved to -$3.6 million in Q1 2026, from -$21.7 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $8.5 million in Q1 2025 to a low of -$36.8 million in Q4 2024.
  • A 5-year average of -$6.6 million and a median of -$2.6 million in 2023 frame the typical range for EBT.
  • The widest YoY moves for EBT: up 296.91% in 2025, down 7564.23% in 2025.
  • Tracing CWAN's EBT over 5 years: stood at -$1.6 million in 2022, then sank by 94.51% to -$3.0 million in 2023, then plunged by 1109.39% to -$36.8 million in 2024, then jumped by 41.21% to -$21.7 million in 2025, then soared by 83.35% to -$3.6 million in 2026.
  • The last three EBT figures came in at -$3.6 million (Q1 2026), -$21.7 million (Q4 2025), and -$10.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 6.69 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.78 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 2.72 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 3.28 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 438.00 Mn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -296.66 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 1.26 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 2.24 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.05 Bn
10 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn -3.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.61 Mn
Dec 31, 2025 -21.66 Mn
Sep 30, 2025 -10.00 Mn
Jun 30, 2025 -26.50 Mn
Mar 31, 2025 8.49 Mn
Dec 31, 2024 -36.84 Mn
Sep 30, 2024 4.28 Mn
Jun 30, 2024 355,000.00
Mar 31, 2024 2.14 Mn
Dec 31, 2023 -3.05 Mn
Sep 30, 2023 -2.62 Mn
Jun 30, 2023 -12.05 Mn
Mar 31, 2023 -5.15 Mn
Dec 31, 2022 -1.57 Mn
Sep 30, 2022 -2.60 Mn
Jun 30, 2022 -1.93 Mn
Mar 31, 2022 765,000.00
Dec 31, 2021 85,000.00
Sep 30, 2021 -11.21 Mn
Jun 30, 2021 65,000.00