Clearwater Analytics Holdings (CWAN) Net Margin (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported Net Margin of 1.26% for 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.
Clearwater Analytics Holdings (CWAN) Net Margin (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings has reported Net Margin for 7 years, with the latest figure at 1.26% 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 for Q1 2026 stood at 1.26%, up from 5.76% in the prior quarter.
- The five-year high for Net Margin was 332.35% in Q4 2024, with the low at 13.27% in Q2 2025.
- Historically, Net Margin has averaged 16.75% across 5 years, with a median of 2.48% in 2023.
- Annual changes were most pronounced in 2024 — Net Margin surged 33583 bps — and 2025, when it plunged 33811 bps.
- Clearwater Analytics Holdings' Net Margin 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Clearwater Analytics Holdings | 7.15 Bn | 7.07 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% |