Growth Metrics

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

Clearwater Analytics Holdings posted quarterly Leases of $51.6 million for Q1 2026, up 123.31% year-on-year from $23.1 million in Q1 2025, and up 50.55% on a QoQ basis from $34.3 million in Q4 2025.

Clearwater Analytics Holdings (CWAN) has 5 years of Leases data on file, last reported at $51.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Leases rose 123.31% year-over-year to $51.6 million; the trailing twelve-month figure through Mar 2026 stood at $51.6 million (up 123.31% YoY), and the FY2025 full-year result was $34.3 million, up 38.32% from the prior year.
  • Leases for Q1 2026 stood at $51.6 million, up from $34.3 million in the prior quarter.
  • Across five years, Leases topped out at $51.6 million in Q1 2026 and bottomed at $21.4 million in Q3 2022.
  • The 5-year median for Leases is $24.8 million (2023), against an average of $28.6 million.
  • The widest annual swing landed in 2025, when Leases declined 16.67%; it then surged 123.31% in 2026.
  • A 5-year view of Leases shows it stood at $24.1 million in 2022, then fell by 6.47% to $22.6 million in 2023, then gained by 9.95% to $24.8 million in 2024, then jumped by 38.32% to $34.3 million in 2025, then surged by 50.55% to $51.6 million in 2026.
  • The last three Leases figures came in at $51.6 million (Q1 2026), $34.3 million (Q4 2025), and $40.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 2.00 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 1.46 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 84.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 831.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 305.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 400.80 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 601.00 Mn
10 Clearwater Analytics Holdings 7.17 Bn 7.10 Bn 145.55 Mn 51.64 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 51.64 Mn
Dec 31, 2025 34.30 Mn
Sep 30, 2025 40.32 Mn
Jun 30, 2025 43.66 Mn
Mar 31, 2025 23.12 Mn
Dec 31, 2024 24.80 Mn
Sep 30, 2024 25.75 Mn
Jun 30, 2024 28.08 Mn
Mar 31, 2024 27.75 Mn
Dec 31, 2023 22.55 Mn
Sep 30, 2023 22.94 Mn
Jun 30, 2023 24.84 Mn
Mar 31, 2023 26.36 Mn
Dec 31, 2022 24.11 Mn
Sep 30, 2022 21.40 Mn
Jun 30, 2022 21.58 Mn
Mar 31, 2022 23.18 Mn