Clearwater Analytics Holdings (CWAN) Interest Coverage Ratio (2020 - 2026)

Clearwater Analytics Holdings' (CWAN) quarterly Interest Coverage Ratio came in at 0.09 in Q1 2026, down 97.04% YoY from 2.93 in Q1 2025, and up 118.33% on a QoQ basis from 0.47 in Q4 2025.

Clearwater Analytics Holdings (CWAN) Interest Coverage Ratio (2020 - 2026) Analysis & Trends

Clearwater Analytics Holdings (CWAN) has 7 years of Interest Coverage Ratio data on file, last reported at 0.09 in Q1 2026.

  • Quarterly Interest Coverage Ratio fell 97.04% year-over-year to 0.09 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.06 (down 102.37% YoY) and the FY2025 annual result came in at 0.07, down 200.79% from the prior year.
  • Interest Coverage Ratio rose to 0.09 in Q1 2026, from 0.47 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 6.16 in Q4 2022 to a low of 3.32 in Q1 2023.
  • A 5-year average of 0.49 and a median of 0.03 in 2024 frame the typical range for Interest Coverage Ratio.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 554.98% — and 2025, when it surged 3895.97%.
  • Tracing CWAN's Interest Coverage Ratio over 5 years: stood at 6.16 in 2022, then sank by 73.0% to 1.66 in 2023, then tumbled by 66.38% to 0.56 in 2024, then plunged by 184.62% to 0.47 in 2025, then jumped by 118.33% to 0.09 in 2026.
  • The last three Interest Coverage Ratio figures came in at 0.09 (Q1 2026), 0.47 (Q4 2025), and 0.09 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -8.75
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.32
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 0.80
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 14.88
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 0.15
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -6.14
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -13.95
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 15.65
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.58
10 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn 0.09

Historic Data

Download Data
DateValue
Mar 31, 2026 0.09
Dec 31, 2025 -0.47
Sep 30, 2025 0.09
Jun 30, 2025 -0.14
Mar 31, 2025 2.93
Dec 31, 2024 0.56
Sep 30, 2024 0.04
Jun 30, 2024 0.03
Mar 31, 2024 -0.08
Dec 31, 2023 1.66
Sep 30, 2023 -0.04
Jun 30, 2023 -0.06
Mar 31, 2023 -3.32
Dec 31, 2022 6.16
Sep 30, 2022 -0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.91
Dec 31, 2021 2.46
Sep 30, 2021 0.02
Jun 30, 2021 1.01