Clearwater Analytics Holdings (CWAN) Intangibles (2022 - 2026)
Clearwater Analytics Holdings (CWAN) reported Intangibles of $660.6 million for Q1 2026, up 4408.02% on a YoY basis from $14.7 million in Q1 2025, and down 3.92% quarter-over-quarter from $687.6 million in Q4 2025.
Clearwater Analytics Holdings (CWAN) Intangibles (2022 - 2026) Analysis & Trends
Clearwater Analytics Holdings has reported Intangibles for 5 years, with the latest figure at $660.6 million in Q1 2026.
- For the quarter ending Q1 2026, Intangibles rose 4408.02% year-over-year to $660.6 million; the trailing twelve-month figure through Mar 2026 stood at $660.6 million (up 4408.02% YoY), and the FY2025 full-year result was $687.6 million, up 2127.48% from the prior year.
- Intangibles for Q1 2026 stood at $660.6 million, down from $687.6 million in the prior quarter.
- The five-year high for Intangibles was $740.5 million in Q2 2025, with the low at $14.7 million in Q1 2025.
- Historically, Intangibles has averaged $220.0 million across 5 years, with a median of $30.2 million in 2022.
- Annual changes were most pronounced in 2025 — Intangibles plunged 40.25% — and 2026, when it surged 4408.02%.
- Clearwater Analytics Holdings' Intangibles stood at $29.5 million in 2022, then decreased by 11.28% to $26.1 million in 2023, then increased by 18.12% to $30.9 million in 2024, then jumped by 2127.48% to $687.6 million in 2025, then decreased by 3.92% to $660.6 million in 2026.
- The last three Intangibles figures came in at $660.6 million (Q1 2026), $687.6 million (Q4 2025), and $714.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 2.67 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 106.23 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 990.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 28.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.65 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.93 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 1.48 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 1.64 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.01 Bn |
| 10 | Clearwater Analytics Holdings | 7.15 Bn | 7.07 Bn | 145.55 Mn | 660.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 660.65 Mn |
| Dec 31, 2025 | 687.58 Mn |
| Sep 30, 2025 | 714.12 Mn |
| Jun 30, 2025 | 740.53 Mn |
| Mar 31, 2025 | 14.66 Mn |
| Dec 31, 2024 | 30.87 Mn |
| Sep 30, 2024 | 34.01 Mn |
| Jun 30, 2024 | 34.61 Mn |
| Mar 31, 2024 | 24.53 Mn |
| Dec 31, 2023 | 26.13 Mn |
| Sep 30, 2023 | 26.04 Mn |
| Jun 30, 2023 | 27.74 Mn |
| Mar 31, 2023 | 28.87 Mn |
| Dec 31, 2022 | 29.46 Mn |