Clearwater Analytics Holdings (CWAN) Intangibles (2022 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Intangibles came in at $660.6 million in Q1 2026, up 362.42% on a YoY basis from $142.9 million in Q1 2025, and down 3.92% quarter-over-quarter from $687.6 million in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) Intangibles (2022 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Intangibles for 5 consecutive years, with $660.6 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Intangibles rose 362.42% year-over-year to $660.6 million; the trailing twelve-month figure through Mar 2026 stood at $660.6 million (up 362.42% YoY), and the FY2025 full-year result was $687.6 million, up 2127.48% from the prior year.
- Intangibles retreated to $660.6 million in Q1 2026 per CWAN's latest filing, from $687.6 million in the prior quarter.
- Across five years, Intangibles topped out at $740.5 million in Q2 2025 and bottomed at $24.5 million in Q1 2024.
- Historically, Intangibles has averaged $229.1 million across 5 years, with a median of $32.4 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Intangibles fell 15.03% in 2024, then surged 2127.48% in 2025.
- Over 5 years, Intangibles stood at $29.5 million in 2022, then dropped by 11.28% to $26.1 million in 2023, then gained by 18.12% to $30.9 million in 2024, then soared by 2127.48% to $687.6 million in 2025, then dropped by 3.92% to $660.6 million in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $660.6 million, $687.6 million, and $714.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 4.81 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 660.65 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 18.40 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 162.15 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 52.01 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 12.40 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 25,550.00 |
Historic Data
Download Data
Historic 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 | 142.87 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 |