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% YoY from 0.22% in Q1 2025, and up 78.06% on a QoQ basis from 5.76% in Q4 2025.
Clearwater Analytics Holdings (CWAN) Net Margin (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has 7 years of Net Margin data on file, last reported at 1.26% in Q1 2026.
- Quarterly Net Margin fell 673.0% year-over-year to 1.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.05% (down 9688.0% YoY) and the FY2025 annual result came in at 5.5%, down 10014.0% from the prior year.
- Net Margin climbed to 1.26% in Q1 2026, from 5.76% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 332.35% in Q4 2024 to a low of 13.27% in Q2 2025.
- A 5-year average of 16.75% and a median of 2.48% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin surged 33583 bps — and 2025, when it plunged 33811 bps.
- Tracing CWAN's Net Margin over 5 years: stood at 2.38% in 2022, then plunged by 46 bps to 3.48% in 2023, then jumped by 9647 bps to 332.35% in 2024, then slumped by 102 bps to 5.76% in 2025, then surged by 78 bps to 1.26% in 2026.
- The last three Net Margin figures came in at 1.26% (Q1 2026), 5.76% (Q4 2025), and 5.13% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 21.16% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 41.92% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 18.93% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 17.17% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 7.47% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.25% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 17.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 25.87% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 35.80% |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -1.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |