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| Date | Value |
|---|---|
| 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 |