Clearwater Analytics Holdings (CWAN) Interest Expenses (2020 - 2026)

Clearwater Analytics Holdings (CWAN) posted Interest Expenses of $103.7 million for Q1 2026, up 39066.92% on a QoQ basis from -$266000.0 in Q4 2025, and up 4195.57% year-over-year from $2.4 million in Q1 2025.

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

Clearwater Analytics Holdings' Interest Expenses history runs 7 years deep, the most recent figure standing at $103.7 million for Q1 2026.

  • Quarterly Interest Expenses rose 4195.57% year-over-year to $103.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $103.7 million (up 4462.15% YoY) and the FY2025 annual result came in at $113.3 million, down 37.67% from the prior year.
  • Interest Expenses was $103.7 million for Q1 2026 at Clearwater Analytics Holdings, up from -$266000.0 in the prior quarter.
  • Across five years, Interest Expenses topped out at $175.7 million in Q3 2024 and bottomed at -$3.2 million in Q4 2024.
  • A 5-year average of $65.3 million and a median of $70.1 million in 2025 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2024 — Interest Expenses plunged 447.62% — and 2026, when it surged 4195.57%.
  • Clearwater Analytics Holdings' Interest Expenses stood at -$139000.0 in 2022, then soared by 764.75% to $924000.0 in 2023, then plunged by 447.62% to -$3.2 million in 2024, then soared by 91.72% to -$266000.0 in 2025, then surged by 39066.92% to $103.7 million in 2026.
  • Business Quant data shows CWAN's Interest Expenses at $103.7 million in Q1 2026, -$266000.0 in Q4 2025, and $70.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -341.86 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 382.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 180.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.95 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.09 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 537.20 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 53.08 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 57.23 Mn
10 Clearwater Analytics Holdings 7.24 Bn 7.17 Bn 145.55 Mn 103.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 103.65 Mn
Mar 31, 2026 103.65 Mn
Dec 31, 2025 -266,000.00
Dec 31, 2025 -266,000.00
Sep 30, 2025 70.14 Mn
Sep 30, 2025 70.14 Mn
Jun 30, 2025 107.55 Mn
Jun 30, 2025 107.55 Mn
Mar 31, 2025 2.41 Mn
Mar 31, 2025 2.41 Mn
Dec 31, 2024 -3.21 Mn
Dec 31, 2024 -3.21 Mn
Sep 30, 2024 175.65 Mn
Sep 30, 2024 175.65 Mn
Jun 30, 2024 117.11 Mn
Jun 30, 2024 117.11 Mn
Mar 31, 2024 2.15 Mn
Mar 31, 2024 2.15 Mn
Dec 31, 2023 924,000.00
Dec 31, 2023 924,000.00