Clearwater Analytics Holdings (CWAN) EBT Margin (2020 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly EBT Margin came in at 1.63% in Q1 2026, down 832.0% YoY from 0.22% in Q1 2025, and up 83.64% on a QoQ basis from 9.96% in Q4 2025.
Clearwater Analytics Holdings (CWAN) EBT Margin (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has 7 years of EBT Margin data on file, last reported at 1.63% in Q1 2026.
- Quarterly EBT Margin fell 832.0% year-over-year to 1.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.48% (down 250.0% YoY) and the FY2025 annual result came in at 6.79%, down 14.0% from the prior year.
- EBT Margin grew to 1.63% in Q1 2026, from 9.96% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 6.69% in Q1 2025 to a low of 29.13% in Q4 2024.
- A 5-year average of 4.68% and a median of 2.76% in 2023 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2024 — EBT Margin sank 2605 bps — and 2025, when it jumped 1917 bps.
- Tracing CWAN's EBT Margin over 5 years: stood at 1.89% in 2022, then slumped by 62 bps to 3.08% in 2023, then slumped by 847 bps to 29.13% in 2024, then jumped by 66 bps to 9.96% in 2025, then soared by 84 bps to 1.63% in 2026.
- The last three EBT Margin figures came in at 1.63% (Q1 2026), 9.96% (Q4 2025), and 4.88% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 29.61% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 49.54% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 24.44% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 23.09% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 10.99% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.33% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.98% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 47.29% |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -1.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.63% |
| Dec 31, 2025 | -9.96% |
| Sep 30, 2025 | -4.88% |
| Jun 30, 2025 | -14.56% |
| Mar 31, 2025 | 6.69% |
| Dec 31, 2024 | -29.13% |
| Sep 30, 2024 | 3.70% |
| Jun 30, 2024 | 0.33% |
| Mar 31, 2024 | 2.08% |
| Dec 31, 2023 | -3.08% |
| Sep 30, 2023 | -2.76% |
| Jun 30, 2023 | -13.41% |
| Mar 31, 2023 | -6.09% |
| Dec 31, 2022 | -1.89% |
| Sep 30, 2022 | -3.40% |
| Jun 30, 2022 | -2.63% |
| Mar 31, 2022 | 1.08% |
| Dec 31, 2021 | 0.12% |
| Sep 30, 2021 | -17.39% |
| Jun 30, 2021 | 0.11% |