Clearwater Analytics Holdings (CWAN) Operating Leases (2022 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Operating Leases came in at $40.2 million in Q1 2026, up 155.92% YoY from $15.7 million in Q1 2025, and up 78.36% on a QoQ basis from $22.6 million in Q4 2025.
Clearwater Analytics Holdings (CWAN) Operating Leases (2022 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has 5 years of Operating Leases data on file, last reported at $40.2 million in Q1 2026.
- Quarterly Operating Leases rose 155.92% year-over-year to $40.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $40.2 million (up 155.92% YoY) and the FY2025 annual result came in at $22.6 million, up 27.75% from the prior year.
- Operating Leases climbed to $40.2 million in Q1 2026, from $22.6 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $44.0 million in Q3 2025 to a low of $15.7 million in Q1 2025.
- A 5-year average of $24.2 million and a median of $21.1 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2025 — Operating Leases decreased 25.6% — and 2026, when it surged 155.92%.
- Tracing CWAN's Operating Leases over 5 years: 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 $44.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 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 | 43.99 Mn |
| Jun 30, 2025 | 31.31 Mn |
| Mar 31, 2025 | 15.72 Mn |
| Dec 31, 2024 | 17.66 Mn |
| Sep 30, 2024 | 26.93 Mn |
| Jun 30, 2024 | 29.00 Mn |
| Mar 31, 2024 | 21.13 Mn |
| Dec 31, 2023 | 16.95 Mn |
| Sep 30, 2023 | 17.68 Mn |
| Jun 30, 2023 | 25.98 Mn |
| Mar 31, 2023 | 27.56 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 |