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

Clearwater Analytics Holdings (CWAN) has reported FCF Margin for 7 consecutive years, with 5.08% the latest figure, recorded in Q1 2026.

• For the quarter ending Q1 2026, FCF Margin fell 1308.0% year-over-year to 5.08%; the trailing twelve-month figure through Mar 2026 stood at 18.47% (up 93.0% YoY), and the FY2025 full-year result was 22.47%, up 718.0% from the prior year.
• FCF Margin retreated to 5.08% in Q1 2026 per CWAN's latest filing, from 24.05% in the prior quarter.
• Across five years, FCF Margin topped out at 41.5% in Q3 2024 and bottomed at 23.74% in Q4 2024.
• Historically, FCF Margin has averaged 18.18% across 5 years, with a median of 21.76% in 2023.
• The sharpest annual moves came in 2024 and 2025: FCF Margin tumbled 4650 bps in 2024, then jumped 4778 bps in 2025.
• Over 5 years, FCF Margin stood at 19.69% in 2022, then increased by 16 bps to 22.76% in 2023, then sank by 204 bps to 23.74% in 2024, then jumped by 201 bps to 24.05% in 2025, then slumped by 79 bps to 5.08% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 5.08%, 24.05%, and 21.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.