Clearwater Analytics Holdings (CWAN) EBT Margin (2020 - 2026)
Clearwater Analytics Holdings (CWAN) posted EBT Margin of 1.63% for Q1 2026, up 83.64% on a QoQ basis from 9.96% in Q4 2025, and down 832.0% year-over-year from 0.22% in Q1 2025.
Clearwater Analytics Holdings (CWAN) EBT Margin (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings' EBT Margin history runs 7 years deep, the most recent figure standing at 1.63% for 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 was 1.63% for Q1 2026 at Clearwater Analytics Holdings, 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.
- 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 plunged 2605 bps — and 2025, when it jumped 1917 bps.
- Clearwater Analytics Holdings' EBT Margin stood at 1.89% in 2022, then plunged by 62 bps to 3.08% in 2023, then plunged by 847 bps to 29.13% in 2024, then soared by 66 bps to 9.96% in 2025, then surged by 84 bps to 1.63% in 2026.
- Business Quant data shows CWAN's EBT Margin at 1.63% in Q1 2026, 9.96% in Q4 2025, and 4.88% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 28.74% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -20.00% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 3.76% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 24.44% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 10.99% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 30.00% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.33% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 29.04% |
| 10 | Clearwater Analytics Holdings | 7.24 Bn | 7.17 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% |