Clearwater Analytics Holdings (CWAN) Gross Profit (2020 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Gross Profit came in at $145.5 million in Q1 2026, up 56.6% on a YoY basis from $92.9 million in Q1 2025, and little changed quarter-over-quarter from $146.2 million in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) Gross Profit (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Gross Profit for 7 consecutive years, with $145.5 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 56.6% year-over-year to $145.5 million; the trailing twelve-month figure through Mar 2026 stood at $544.8 million (up 56.89% YoY), and the FY2025 full-year result was $492.1 million, up 49.67% from the prior year.
- Gross Profit steadied at $145.5 million in Q1 2026 per CWAN's latest filing, from $146.2 million in the prior quarter.
- Across five years, Gross Profit topped out at $146.2 million in Q4 2025 and bottomed at $49.6 million in Q1 2022.
- Historically, Gross Profit has averaged $84.9 million across 5 years, with a median of $74.5 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Gross Profit rose 15.26% in 2022, then surged 59.19% in 2025.
- Over 5 years, Gross Profit stood at $59.7 million in 2022, then advanced by 18.37% to $70.7 million in 2023, then surged by 31.44% to $92.9 million in 2024, then jumped by 57.39% to $146.2 million in 2025, then retreated by 0.46% to $145.5 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $145.5 million, $146.2 million, and $134.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 145.55 Mn |
| Dec 31, 2025 | 146.22 Mn |
| Sep 30, 2025 | 134.47 Mn |
| Jun 30, 2025 | 118.51 Mn |
| Mar 31, 2025 | 92.94 Mn |
| Dec 31, 2024 | 92.90 Mn |
| Sep 30, 2024 | 84.47 Mn |
| Jun 30, 2024 | 76.90 Mn |
| Mar 31, 2024 | 74.54 Mn |
| Dec 31, 2023 | 70.68 Mn |
| Sep 30, 2023 | 67.65 Mn |
| Jun 30, 2023 | 62.93 Mn |
| Mar 31, 2023 | 59.78 Mn |
| Dec 31, 2022 | 59.71 Mn |
| Sep 30, 2022 | 53.83 Mn |
| Jun 30, 2022 | 52.49 Mn |
| Mar 31, 2022 | 49.61 Mn |
| Dec 31, 2021 | 49.58 Mn |
| Sep 30, 2021 | 46.70 Mn |
| Jun 30, 2021 | 45.30 Mn |