Clearwater Analytics Holdings (CWAN) EBT Margin (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported EBT Margin of 1.63% for Q1 2026, down 832.0% on a YoY basis from 0.22% in Q1 2025, and up 83.64% quarter-over-quarter from 9.96% in Q4 2025.
Clearwater Analytics Holdings (CWAN) EBT Margin (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings has reported EBT Margin for 7 years, with the latest figure 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.
- The five-year high for EBT Margin was 6.69% in Q1 2025, with the low at 29.13% in Q4 2024.
- Historically, EBT Margin has averaged 4.68% across 5 years, with a median of 2.76% in 2023.
- Annual changes were most pronounced in 2024 — EBT Margin sank 2605 bps — and 2025, when it jumped 1917 bps.
- Clearwater Analytics Holdings' EBT Margin 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.74% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 3.76% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -20.00% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 24.25% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.04% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 17.85% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 30.00% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Clearwater Analytics Holdings | 7.15 Bn | 7.07 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% |