Clearwater Analytics Holdings (CWAN) Operating Leases (2022 - 2026)

Clearwater Analytics Holdings (CWAN) reported Operating Leases of $40.2 million for Q1 2026, up 155.92% on a YoY basis from $15.7 million in Q1 2025, and up 78.36% quarter-over-quarter from $22.6 million in Q4 2025.

Clearwater Analytics Holdings (CWAN) Operating Leases (2022 - 2026) Analysis & Trends

Clearwater Analytics Holdings has reported Operating Leases for 5 years, with the latest figure at $40.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 155.92% year-over-year to $40.2 million; the trailing twelve-month figure through Mar 2026 stood at $40.2 million (up 155.92% YoY), and the FY2025 full-year result was $22.6 million, up 27.75% from the prior year.
  • Operating Leases for Q1 2026 stood at $40.2 million, up from $22.6 million in the prior quarter.
  • The five-year high for Operating Leases was $46.8 million in Q2 2025, with the low at $15.7 million in Q1 2025.
  • Historically, Operating Leases has averaged $22.5 million across 5 years, with a median of $19.5 million in 2022.
  • Annual changes were most pronounced in 2025 — Operating Leases decreased 25.6% — and 2026, when it surged 155.92%.
  • Clearwater Analytics Holdings' Operating Leases stood at $19.5 million in 2022, then retreated by 13.11% to $16.9 million in 2023, then rose by 4.17% to $17.7 million in 2024, then advanced by 27.75% to $22.6 million in 2025, then surged by 78.36% to $40.2 million in 2026.
  • The last three Operating Leases figures came in at $40.2 million (Q1 2026), $22.6 million (Q4 2025), and $28.4 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 40.23 Mn
Dec 31, 2025 22.56 Mn
Sep 30, 2025 28.45 Mn
Jun 30, 2025 46.77 Mn
Mar 31, 2025 15.72 Mn
Dec 31, 2024 17.66 Mn
Sep 30, 2024 19.12 Mn
Jun 30, 2024 21.31 Mn
Mar 31, 2024 21.13 Mn
Dec 31, 2023 16.95 Mn
Sep 30, 2023 17.68 Mn
Jun 30, 2023 19.54 Mn
Mar 31, 2023 21.11 Mn
Dec 31, 2022 19.51 Mn
Sep 30, 2022 17.41 Mn
Jun 30, 2022 17.79 Mn
Mar 31, 2022 19.40 Mn