Clearwater Analytics Holdings (CWAN) Free Cash Flow (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported Free Cash Flow of $17.5 million for Q1 2026, down 28.49% on a YoY basis from $24.4 million in Q1 2025, and down 66.58% quarter-over-quarter from $52.3 million in Q4 2025.
Clearwater Analytics Holdings (CWAN) Free Cash Flow (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings has reported Free Cash Flow for 7 years, with the latest figure at $17.5 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 28.49% year-over-year to $17.5 million; the trailing twelve-month figure through Mar 2026 stood at $157.4 million (up 88.38% YoY), and the FY2025 full-year result was $164.3 million, up 137.96% from the prior year.
- Free Cash Flow for Q1 2026 stood at $17.5 million, down from $52.3 million in the prior quarter.
- The five-year high for Free Cash Flow was $52.3 million in Q4 2025, with the low at -$34.4 million in Q4 2024.
- Historically, Free Cash Flow has averaged $22.7 million across 5 years, with a median of $18.1 million in 2023.
- Annual changes were most pronounced in 2022 — Free Cash Flow jumped 15134.74% — and 2024, when it sank 224.2%.
- Clearwater Analytics Holdings' Free Cash Flow stood at $16.3 million in 2022, then jumped by 70.29% to $27.7 million in 2023, then slumped by 224.2% to -$34.4 million in 2024, then surged by 251.86% to $52.3 million in 2025, then plunged by 66.58% to $17.5 million in 2026.
- The last three Free Cash Flow figures came in at $17.5 million (Q1 2026), $52.3 million (Q4 2025), and $40.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 4.11 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 225.50 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 476.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 306.96 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 1.57 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 2.19 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 2.11 Bn |
| 10 | Clearwater Analytics Holdings | 7.15 Bn | 7.07 Bn | 145.55 Mn | 17.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.47 Mn |
| Mar 31, 2026 | 17.47 Mn |
| Dec 31, 2025 | 52.29 Mn |
| Dec 31, 2025 | 52.29 Mn |
| Sep 30, 2025 | 40.54 Mn |
| Sep 30, 2025 | 40.54 Mn |
| Jun 30, 2025 | 47.08 Mn |
| Jun 30, 2025 | 47.08 Mn |
| Mar 31, 2025 | 24.44 Mn |
| Mar 31, 2025 | 24.44 Mn |
| Dec 31, 2024 | -34.43 Mn |
| Dec 31, 2024 | -34.43 Mn |
| Sep 30, 2024 | 49.59 Mn |
| Sep 30, 2024 | 49.59 Mn |
| Jun 30, 2024 | 43.95 Mn |
| Jun 30, 2024 | 43.95 Mn |
| Mar 31, 2024 | 9.95 Mn |
| Mar 31, 2024 | 9.95 Mn |
| Dec 31, 2023 | 27.72 Mn |
| Dec 31, 2023 | 27.72 Mn |