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

Clearwater Analytics Holdings (CWAN) posted EBT of -$3.6 million for Q1 2026, up 83.35% on a QoQ basis from -$21.7 million in Q4 2025, and down 142.48% year-over-year from $8.5 million in Q1 2025.

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

Clearwater Analytics Holdings' EBT history runs 7 years deep, the most recent figure standing at -$3.6 million for 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 was -$3.6 million for Q1 2026 at Clearwater Analytics Holdings, up from -$21.7 million in the prior quarter.
  • Across five years, EBT topped out at $8.5 million in Q1 2025 and bottomed at -$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.
  • Peak annual rise in EBT reached 296.91% in 2025, while the deepest fall reached 7564.23% in 2025.
  • Clearwater Analytics Holdings' EBT stood at -$1.6 million in 2022, then tumbled by 94.51% to -$3.0 million in 2023, then slumped by 1109.39% to -$36.8 million in 2024, then soared by 41.21% to -$21.7 million in 2025, then surged by 83.35% to -$3.6 million in 2026.
  • Business Quant data shows CWAN's EBT at -$3.6 million in Q1 2026, -$21.7 million in Q4 2025, and -$10.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 176.65 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -634.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 496.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.72 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 438.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 1.78 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -296.66 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 428.10 Mn
10 Clearwater Analytics Holdings 7.24 Bn 7.17 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