Clearwater Analytics Holdings (CWAN) Operating Leases (2022 - 2026)
Clearwater Analytics Holdings (CWAN) posted Operating Leases of $40.2 million for Q1 2026, up 78.36% on a QoQ basis from $22.6 million in Q4 2025, and up 155.92% year-over-year from $15.7 million in Q1 2025.
Clearwater Analytics Holdings (CWAN) Operating Leases (2022 - 2026) Analysis & Trends
Clearwater Analytics Holdings' Operating Leases history runs 5 years deep, the most recent figure standing at $40.2 million for 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 was $40.2 million for Q1 2026 at Clearwater Analytics Holdings, up from $22.6 million in the prior quarter.
- Across five years, Operating Leases topped out at $44.0 million in Q3 2025 and bottomed at $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 declined 25.6% — and 2026, when it surged 155.92%.
- Clearwater Analytics Holdings' Operating Leases stood at $19.5 million in 2022, then slipped by 13.11% to $16.9 million in 2023, then advanced by 4.17% to $17.7 million in 2024, then grew by 27.75% to $22.6 million in 2025, then jumped by 78.36% to $40.2 million in 2026.
- Business Quant data shows CWAN's Operating Leases at $40.2 million in Q1 2026, $22.6 million in Q4 2025, and $44.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Clearwater Analytics Holdings | 7.24 Bn | 7.17 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 |