Clearwater Analytics Holdings (CWAN) Intangibles (2022 - 2026)

Clearwater Analytics Holdings' (CWAN) quarterly Intangibles came in at $660.6 million in Q1 2026, up 4408.02% YoY from $14.7 million in Q1 2025, and down 3.92% on a QoQ basis from $687.6 million in Q4 2025.

Clearwater Analytics Holdings (CWAN) Intangibles (2022 - 2026) Analysis & Trends

Clearwater Analytics Holdings (CWAN) has 5 years of Intangibles data on file, last reported at $660.6 million in Q1 2026.

  • Quarterly Intangibles rose 4408.02% year-over-year to $660.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $660.6 million (up 4408.02% YoY) and the FY2025 annual result came in at $687.6 million, up 2127.48% from the prior year.
  • Intangibles eased to $660.6 million in Q1 2026, from $687.6 million in the prior quarter.
  • In the past five years, Intangibles ranged from a high of $740.5 million in Q2 2025 to a low of $14.7 million in Q1 2025.
  • A 5-year average of $220.0 million and a median of $30.2 million in 2022 frame the typical range for Intangibles.
  • Annual changes were most pronounced in 2025 — Intangibles plunged 40.25% — and 2026, when it surged 4408.02%.
  • Tracing CWAN's Intangibles over 5 years: 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 255.48 Bn 234.41 Bn 16.51 Bn 3.07 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 27.00 Mn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 6.65 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 1.13 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 3.78 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 451.36 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 1.65 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 1.01 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.81 Bn
10 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn 660.65 Mn

Historic Data

Download Data
DateValue
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