Clearwater Analytics Holdings (CWAN) Operating Income (2020 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Operating Income came in at $9.0 million in Q1 2026, up 26.94% YoY from $7.1 million in Q1 2025, and up 233.32% on a QoQ basis from -$6.7 million in Q4 2025.
Clearwater Analytics Holdings (CWAN) Operating Income (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has 7 years of Operating Income data on file, last reported at $9.0 million in Q1 2026.
- Quarterly Operating Income rose 26.94% year-over-year to $9.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$5.8 million (down 129.66% YoY) and the FY2025 annual result came in at -$7.7 million, down 162.82% from the prior year.
- Operating Income improved to $9.0 million in Q1 2026, from -$6.7 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $9.0 million in Q1 2026 to a low of -$14.6 million in Q2 2025.
- A 5-year average of $112294.1 and a median of $1.2 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2023 — Operating Income slumped 732.21% — and 2025, when it surged 4366.27%.
- Tracing CWAN's Operating Income over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 6.26 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 488.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 2.35 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.89 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 162.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -326.15 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -1.82 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 2.24 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.02 Bn |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 8.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |