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
DateValue
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