Clearwater Analytics Holdings (CWAN) Enterprise Value (2020 - 2026)

Clearwater Analytics Holdings (CWAN) posted Enterprise Value of -$76.4 million for Q1 2026, up 6.64% on a QoQ basis from -$81.9 million in Q4 2025, and up 70.15% year-over-year from -$44.9 million in Q1 2025.

Clearwater Analytics Holdings (CWAN) Enterprise Value (2020 - 2026) Analysis & Trends

Clearwater Analytics Holdings' Enterprise Value history runs 7 years deep, the most recent figure standing at -$76.4 million for Q1 2026.

  • Quarterly Enterprise Value rose 70.15% year-over-year to -$76.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$76.4 million (up 70.15% YoY) and the FY2025 annual result came in at -$81.9 million, up 64.93% from the prior year.
  • Enterprise Value was -$76.4 million for Q1 2026 at Clearwater Analytics Holdings, up from -$81.9 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$44.1 million in Q3 2025 and bottomed at -$256.1 million in Q1 2025.
  • A 5-year average of -$180.9 million and a median of -$209.8 million in 2024 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2023 — Enterprise Value dropped 28.99% — and 2025, when it jumped 82.72%.
  • Clearwater Analytics Holdings' Enterprise Value stood at -$186.7 million in 2022, then fell by 28.99% to -$240.9 million in 2023, then rose by 3.06% to -$233.5 million in 2024, then jumped by 64.93% to -$81.9 million in 2025, then grew by 6.64% to -$76.4 million in 2026.
  • Business Quant data shows CWAN's Enterprise Value at -$76.4 million in Q1 2026, -$81.9 million in Q4 2025, and -$44.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -19.64 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -2.64 Bn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -5.74 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -1.04 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -11.84 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -4.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -3.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -2.95 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -1.41 Bn
10 Clearwater Analytics Holdings 7.24 Bn 7.17 Bn 145.55 Mn -76.45 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -76.45 Mn
Dec 31, 2025 -81.89 Mn
Sep 30, 2025 -44.15 Mn
Jun 30, 2025 -51.53 Mn
Mar 31, 2025 -256.08 Mn
Dec 31, 2024 -233.51 Mn
Sep 30, 2024 -255.46 Mn
Jun 30, 2024 -209.85 Mn
Mar 31, 2024 -222.03 Mn
Dec 31, 2023 -240.89 Mn
Sep 30, 2023 -219.43 Mn
Jun 30, 2023 -190.84 Mn
Mar 31, 2023 -175.63 Mn
Dec 31, 2022 -186.75 Mn
Sep 30, 2022 -227.61 Mn
Jun 30, 2022 -210.00 Mn
Mar 31, 2022 -193.29 Mn
Dec 31, 2021 -183.74 Mn
Sep 30, 2021 -184.98 Mn
Dec 31, 2020 -61.09 Mn