Clearwater Analytics Holdings (CWAN) Payables (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported Payables of $9.63 million for Q1 2026, up 101.0% from $4.79 million a year earlier but down 20.4% from the prior quarter.
Clearwater Analytics Holdings (CWAN) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, Clearwater Analytics Holdings posted Payables of $12.1 million, up 112.8% from FY2024.
- Payables has a five-year compound annual growth rate of 22.3% (FY2020 to FY2025).
- By year, Payables came in at $5.68 million in FY2024 (-2.2%), $5.81 million in FY2023 (-0.5%), $5.84 million in FY2022 (+40.2%) and $4.17 million in FY2021 (-5.7%).
- Five-year quarterly Payables spans a low of $3.64 million in Q2 2022 and a high of $12.14 million in Q2 2025.
- Year over year, Payables has now increased in each of the last four quarters, with growth averaging 50.1% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q4 2025 (growth of 112.8%); the low point was Q1 2025 (a decline of 12.4%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $12.1 million (Q4 2025), $11.32 million (Q3 2025) and $12.14 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 504.07 Mn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 18.69 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 3.19 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 7.02 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 2.24 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 834.40 Mn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 873.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | 5.37 Bn |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 190.50 Mn |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.00 Bn | 145.55 Mn | 9.63 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 9.63 Mn |
| Dec 31, 2025 | 12.10 Mn |
| Sep 30, 2025 | 11.32 Mn |
| Jun 30, 2025 | 12.14 Mn |
| Mar 31, 2025 | 4.79 Mn |
| Dec 31, 2024 | 5.68 Mn |
| Sep 30, 2024 | 6.99 Mn |
| Jun 30, 2024 | 5.71 Mn |
| Mar 31, 2024 | 5.47 Mn |
| Dec 31, 2023 | 5.81 Mn |
| Sep 30, 2023 | 5.60 Mn |
| Jun 30, 2023 | 5.59 Mn |
| Mar 31, 2023 | 5.41 Mn |
| Dec 31, 2022 | 5.84 Mn |
| Sep 30, 2022 | 4.46 Mn |
| Jun 30, 2022 | 3.64 Mn |
| Mar 31, 2022 | 3.72 Mn |
| Dec 31, 2021 | 4.17 Mn |
| Sep 30, 2021 | 4.22 Mn |
| Dec 31, 2020 | 4.42 Mn |
Clearwater Analytics Holdings Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=CWAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "CWAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();