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
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