Clearwater Analytics Holdings (CWAN) EBT Margin (2020 - 2026)
Clearwater Analytics Holdings posted quarterly EBT Margin of 1.63% for Q1 2026, down 832.0% year-on-year from 0.22% in Q1 2025, and up 83.64% on a QoQ basis from 9.96% in Q4 2025.
Clearwater Analytics Holdings (CWAN) has 7 years of EBT Margin data on file, last reported at 1.63% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 832.0% year-over-year to 1.63%; the trailing twelve-month figure through Mar 2026 stood at 7.48% (down 250.0% YoY), and the FY2025 full-year result was 6.79%, down 14.0% from the prior year.
- EBT Margin for Q1 2026 stood at 1.63%, up from 9.96% in the prior quarter.
- Across five years, EBT Margin topped out at 6.69% in Q1 2025 and bottomed at 29.13% in Q4 2024.
- The 5-year median for EBT Margin is 2.76% (2023), against an average of 4.68%.
- The widest annual swing landed in 2024, when EBT Margin tumbled 2605 bps; it then jumped 1917 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 1.89% in 2022, then sank by 62 bps to 3.08% in 2023, then sank by 847 bps to 29.13% in 2024, then surged by 66 bps to 9.96% in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.74% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 23.39% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 3.76% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -20.00% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 17.85% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.04% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.86% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 30.00% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 47.29% |
| 10 | Clearwater Analytics Holdings | 7.17 Bn | 7.10 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% |
| Mar 31, 2021 | 6.07% |
| Dec 31, 2020 | -131.91% |
| Sep 30, 2020 | 21.74% |