Clearwater Analytics Holdings CWAN
CWAN
$24.56 +0.00 (+0.00%)
At close: Jul 2, 2026 · 4:00 PM EDT

Clearwater Analytics Holdings (CWAN) Net Margin (2020 - 2026)

Clearwater Analytics Holdings' (CWAN) quarterly Net Margin came in at 1.26% in Q1 2026, down 673.0% on a YoY basis from 0.22% in Q1 2025, and up 78.06% quarter-over-quarter from 5.76% in Q4 2025.

Analysis

Clearwater Analytics Holdings (CWAN) Net Margin (2020 - 2026) Analysis & Trends

Clearwater Analytics Holdings (CWAN) has reported Net Margin for 7 consecutive years, with 1.26% the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 673.0% year-over-year to 1.26%; the trailing twelve-month figure through Mar 2026 stood at 6.05% (down 9688.0% YoY), and the FY2025 full-year result was 5.5%, down 10014.0% from the prior year.
  • Net Margin grew to 1.26% in Q1 2026 per CWAN's latest filing, from 5.76% in the prior quarter.
  • Across five years, Net Margin topped out at 332.35% in Q4 2024 and bottomed at 13.27% in Q2 2025.
  • Historically, Net Margin has averaged 16.75% across 5 years, with a median of 2.48% in 2023.
  • The sharpest annual moves came in 2024 and 2025: Net Margin soared 33583 bps in 2024, then sank 33811 bps in 2025.
  • Over 5 years, Net Margin stood at 2.38% in 2022, then slumped by 46 bps to 3.48% in 2023, then soared by 9647 bps to 332.35% in 2024, then plunged by 102 bps to 5.76% in 2025, then jumped by 78 bps to 1.26% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 1.26%, 5.76%, and 5.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Intuit 91.01 Bn 84.23 Bn 7.24 Bn 35.80%
2 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn -1.26%
3 Navan 7.02 Bn 6.34 Bn 163.06 Mn -9.31%
4 BILL Holdings 4.52 Bn 2.59 Bn 356.19 Mn -4.23%
5 Blackline 1.91 Bn 1.41 Bn 142.68 Mn 0.60%
6 Expensify 218.72 Mn 152.96 Mn 16.33 Mn -11.37%
7 Ankam 27.35 Mn 27.34 Mn 44,900.00 -119.10%
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.26%
Dec 31, 2025 -5.76%
Sep 30, 2025 -5.13%
Jun 30, 2025 -13.27%
Mar 31, 2025 5.47%
Dec 31, 2024 332.35%
Sep 30, 2024 4.12%
Jun 30, 2024 0.26%
Mar 31, 2024 2.18%
Dec 31, 2023 -3.48%
Sep 30, 2023 -2.48%
Jun 30, 2023 -13.21%
Mar 31, 2023 -6.40%
Dec 31, 2022 -2.38%
Sep 30, 2022 -3.95%
Jun 30, 2022 -3.04%
Mar 31, 2022 0.75%
Dec 31, 2021 0.19%
Sep 30, 2021 -17.72%
Jun 30, 2021 -0.35%