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% on a YoY basis from $8.5 million in Q1 2025, and up 83.35% quarter-over-quarter from -$21.7 million in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) EBT (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported EBT for 7 consecutive years, with -$3.6 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, EBT fell 142.48% year-over-year to -$3.6 million; the trailing twelve-month figure through Mar 2026 stood at -$61.8 million (down 160.45% YoY), and the FY2025 full-year result was -$49.7 million, down 65.23% from the prior year.
- EBT advanced to -$3.6 million in Q1 2026 per CWAN's latest filing, 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.
- Historically, EBT has averaged -$6.6 million across 5 years, with a median of -$2.6 million in 2023.
- The widest YoY moves for EBT: up 296.91% in 2025, down 7564.23% in 2025.
- Over 5 years, 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.
- According to Business Quant data, EBT over the past three periods registered -$3.6 million, -$21.7 million, and -$10.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 4.05 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -3.61 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -19.70 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -20.03 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 12.77 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -2.72 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -53,474.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |