Clearwater Analytics Holdings (CWAN) EBT Margin (2020 - 2026)

Clearwater Analytics Holdings (CWAN) has reported EBT Margin for 7 consecutive years, with 1.63% the latest figure, recorded 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 improved to 1.63% in Q1 2026 per CWAN's latest filing, 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.
• Historically, EBT Margin has averaged 4.68% across 5 years, with a median of 2.76% in 2023.
• The sharpest annual moves came in 2024 and 2025: EBT Margin slumped 2605 bps in 2024, then surged 1917 bps in 2025.
• Over 5 years, 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.
• According to Business Quant data, EBT Margin over the past three periods registered 1.63%, 9.96%, and 4.88% for Q1 2026, Q4 2025, and Q3 2025 respectively.