Clearwater Analytics Holdings, Inc. (CWAN) Free Cash Flow (2020 - 2026)
Clearwater Analytics Holdings' Free Cash Flow was $11.24 million in Q1 2026, down 51.2% from $23.03 million a year earlier and down 78.5% from the prior quarter.
Clearwater Analytics Holdings, Inc. (CWAN) Free Cash Flow (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Clearwater Analytics Holdings' Free Cash Flow was $152.55 million through Mar 31, 2026, up 82.7% year-over-year; for FY2025, it was $164.34 million, up 138.0% from FY2024.
- In earlier years, Free Cash Flow was $69.06 million in FY2024 (-12.6%), $78.98 million in FY2023 (+57.2%), $50.25 million in FY2022 and -$1.67 million in FY2021.
- The Q1 2026 figure marks the lowest quarterly Free Cash Flow since Q4 2024.
- Compared with a year earlier, Free Cash Flow was higher in four of the last six quarters, with growth averaging 47.9%.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2025 (growth of 167.8%); the worst was Q1 2026 (a decline of 51.2%).
- Per Business Quant data, CWAN's Free Cash Flow in the three quarters before Q1 2026 was $52.29 million (Q4 2025), $44.93 million (Q3 2025) and $44.09 million (Q2 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 11.24 Mn |
| Dec 31, 2025 | 52.29 Mn |
| Sep 30, 2025 | 44.93 Mn |
| Jun 30, 2025 | 44.09 Mn |
| Mar 31, 2025 | 23.03 Mn |
| Dec 31, 2024 | -30.02 Mn |
| Sep 30, 2024 | 48.07 Mn |
| Jun 30, 2024 | 42.42 Mn |
| Mar 31, 2024 | 8.60 Mn |
| Dec 31, 2023 | 22.54 Mn |
| Sep 30, 2023 | 30.66 Mn |
| Jun 30, 2023 | 19.56 Mn |
| Mar 31, 2023 | 6.22 Mn |
| Dec 31, 2022 | 16.28 Mn |
| Sep 30, 2022 | 12.77 Mn |
| Jun 30, 2022 | 16.51 Mn |
| Mar 31, 2022 | 4.69 Mn |
| Dec 31, 2021 | 10.89 Mn |
| Sep 30, 2021 | 6.03 Mn |
| Jun 30, 2021 | 1.10 Mn |
Clearwater Analytics Holdings, Inc. Free Cash Flow 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=free-cash-flow&ticker=CWAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();