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| Date | Value |
|---|---|
| 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 |