Clearwater Analytics Holdings, Inc. (CWAN) Operating Income (2020 - 2026)
Clearwater Analytics Holdings' Operating Income was $8.99 million in Q1 2026, up 26.9% from $7.08 million a year earlier.
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Analysis
Clearwater Analytics Holdings, Inc. (CWAN) Operating Income (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Clearwater Analytics Holdings' Operating Income was -$5.78 million through Mar 31, 2026; for FY2025, it came in at -$7.69 million.
- In earlier years, Operating Income was $12.23 million in FY2024, -$16.75 million in FY2023, $5.12 million in FY2022 (-82.0%) and $28.46 million in FY2021.
- The Q1 2026 figure marks the highest quarterly Operating Income since Q1 2021.
- The best year-over-year quarter for Operating Income over five years was Q4 2022 (growth of 492.5%); the worst was Q1 2022 (a decline of 89.3%).
- Per Business Quant data, CWAN's Operating Income in the three quarters before Q1 2026 was -$6.74 million (Q4 2025), $6.55 million (Q3 2025) and -$14.58 million (Q2 2025).
Peer Set
Peer Comparison
Historic Data
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Historic 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 |
API Access
Clearwater Analytics Holdings, Inc. Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "CWAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();