Clearwater Analytics Holdings (CWAN) Common Equity (2020 - 2026)
Clearwater Analytics Holdings (CWAN) recorded Common Equity of $2.05 billion in Q1 2026, up 79.8% from $1.14 billion a year earlier and up 1.2% from the prior quarter.
Clearwater Analytics Holdings (CWAN) Common Equity (2020 - 2026) Analysis & Trends
At the end of FY2025, Clearwater Analytics Holdings reported Common Equity of $2.03 billion, up 97.1% from FY2024.
- Annual Common Equity has increased for four straight years.
- Across earlier years, Common Equity came in at $1.03 billion in FY2024 (+151.5%), $409.66 million in FY2023 (+21.1%), $338.39 million in FY2022 (+29.2%) and $261.87 million in FY2021.
- The Q1 2026 figure is the highest quarterly Common Equity in data going back to Q3 2020.
- On a year-over-year basis, Common Equity has increased for 15 consecutive quarters, with growth averaging 155.8% over the last eight quarters.
- The year-over-year growth in Common Equity has ranged between 14.9% (Q1 2024) and 363.8% (Q2 2025) over the last five years.
- Per Business Quant, the preceding three quarters came in at $2.03 billion (Q4 2025), $2 billion (Q3 2025) and $1.99 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 9.88 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 67.20 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 52.59 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 38.38 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 12.52 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 6.03 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 18.99 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | 1.68 Bn |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 30.89 Bn |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.00 Bn | 145.55 Mn | 2.05 Bn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.05 Bn |
| Dec 31, 2025 | 2.03 Bn |
| Sep 30, 2025 | 2.00 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Mar 31, 2025 | 1.14 Bn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 453.62 Mn |
| Jun 30, 2024 | 428.67 Mn |
| Mar 31, 2024 | 406.22 Mn |
| Dec 31, 2023 | 409.66 Mn |
| Sep 30, 2023 | 391.44 Mn |
| Jun 30, 2023 | 370.73 Mn |
| Mar 31, 2023 | 353.47 Mn |
| Dec 31, 2022 | 338.39 Mn |
| Sep 30, 2022 | 310.26 Mn |
| Jun 30, 2022 | 299.23 Mn |
| Mar 31, 2022 | 283.76 Mn |
| Dec 31, 2021 | 261.87 Mn |
| Sep 30, 2021 | 242.39 Mn |
| Jun 30, 2021 | -329.24 Mn |
Clearwater Analytics Holdings Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=CWAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "CWAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();