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

Clearwater Analytics Holdings (CWAN) has 5 years of Operating Leases data on file, last reported 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.
• Across five years, Operating Leases topped out at $46.8 million in Q2 2025 and bottomed at $15.7 million in Q1 2025.
• The 5-year median for Operating Leases is $19.5 million (2022), against an average of $22.5 million.
• The widest annual swing landed in 2025, when Operating Leases decreased 25.6%; it then surged 155.92% in 2026.
• A 5-year view of Operating Leases shows it stood at $19.5 million in 2022, then decreased by 13.11% to $16.9 million in 2023, then gained by 4.17% to $17.7 million in 2024, then climbed by 27.75% to $22.6 million in 2025, then soared 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