Clearwater Analytics Holdings (CWAN) Net Margin (2020 - 2026)
Clearwater Analytics Holdings (CWAN) posted Net Margin of 1.26% for Q1 2026, up 78.06% on a QoQ basis from 5.76% in Q4 2025, and down 673.0% year-over-year from 0.22% in Q1 2025.
Clearwater Analytics Holdings (CWAN) Net Margin (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings' Net Margin history runs 7 years deep, the most recent figure standing at 1.26% for 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 was 1.26% for Q1 2026 at Clearwater Analytics Holdings, up 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.
- 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 tumbled 33811 bps.
- Clearwater Analytics Holdings' 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.
- Business Quant data shows CWAN's Net Margin at 1.26% in Q1 2026, 5.76% in Q4 2025, and 5.13% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Clearwater Analytics Holdings | 7.24 Bn | 7.17 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% |