Clearwater Analytics Holdings (CWAN) Operating Income (2020 - 2026)

Clearwater Analytics Holdings (CWAN) reported Operating Income of $9.0 million for Q1 2026, up 26.94% on a YoY basis from $7.1 million in Q1 2025, and up 233.32% quarter-over-quarter from -$6.7 million in Q4 2025.

Clearwater Analytics Holdings (CWAN) Operating Income (2020 - 2026) Analysis & Trends

Clearwater Analytics Holdings has reported Operating Income for 7 years, with the latest figure at $9.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income rose 26.94% year-over-year to $9.0 million; the trailing twelve-month figure through Mar 2026 stood at -$5.8 million (down 129.66% YoY), and the FY2025 full-year result was -$7.7 million, down 162.82% from the prior year.
  • Operating Income for Q1 2026 stood at $9.0 million, up from -$6.7 million in the prior quarter.
  • The five-year high for Operating Income was $9.0 million in Q1 2026, with the low at -$14.6 million in Q2 2025.
  • Historically, Operating Income has averaged $112294.1 across 5 years, with a median of $1.2 million in 2024.
  • Annual changes were most pronounced in 2023 — Operating Income slumped 732.21% — and 2025, when it surged 4366.27%.
  • Clearwater Analytics Holdings' Operating Income stood at $3.9 million in 2022, then slumped by 33.16% to $2.6 million in 2023, then plunged by 52.97% to $1.2 million in 2024, then tumbled by 653.61% to -$6.7 million in 2025, then jumped by 233.32% to $9.0 million in 2026.
  • The last three Operating Income figures came in at $9.0 million (Q1 2026), -$6.7 million (Q4 2025), and $6.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 145.83 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 1.92 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 382.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 2.35 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 431.33 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 503.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -1.37 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 2.24 Bn
10 Clearwater Analytics Holdings 7.15 Bn 7.07 Bn 145.55 Mn 8.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.99 Mn
Dec 31, 2025 -6.74 Mn
Sep 30, 2025 6.55 Mn
Jun 30, 2025 -14.58 Mn
Mar 31, 2025 7.08 Mn
Dec 31, 2024 1.22 Mn
Sep 30, 2024 7.34 Mn
Jun 30, 2024 3.84 Mn
Mar 31, 2024 -166,000.00
Dec 31, 2023 2.59 Mn
Sep 30, 2023 -5.89 Mn
Jun 30, 2023 -7.13 Mn
Mar 31, 2023 -6.32 Mn
Dec 31, 2022 3.88 Mn
Sep 30, 2022 -1.16 Mn
Jun 30, 2022 1.13 Mn
Mar 31, 2022 1.28 Mn
Dec 31, 2021 654,000.00
Sep 30, 2021 7.26 Mn
Jun 30, 2021 8.56 Mn