Clearwater Analytics Holdings (CWAN) Receivables (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported Receivables of $231.1 million for Q1 2026, up 27.3% from $181.47 million a year earlier and up 3.6% from the prior quarter.
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Analysis
Clearwater Analytics Holdings (CWAN) Receivables (2020 - 2026) Analysis & Trends
At the end of FY2025, Clearwater Analytics Holdings posted Receivables of $223.13 million, up 46.3% from FY2024.
- Receivables has increased for five consecutive years, with a five-year compound annual growth rate of 31.6% (FY2020 to FY2025).
- By year, Receivables came in at $152.47 million in FY2024 (+9.9%), $138.69 million in FY2023 (+33.9%), $103.54 million in FY2022 (+34.0%) and $77.28 million in FY2021 (+36.5%).
- The Q1 2026 figure ranks as the highest quarterly Receivables in data going back to Q4 2020.
- Year over year, Receivables has now increased in each of the last 15 quarters, with growth averaging 27.5% over the last eight quarters.
- The year-over-year growth in Receivables has ranged between 5.7% (Q3 2024) and 57.5% (Q1 2023) over the last five years.
- Per Business Quant data, the three quarters before Q1 2026 came in at $223.13 million (Q4 2025), $206.66 million (Q3 2025) and $204.53 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 1.50 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 11.39 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 8.22 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 6.32 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 2.80 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 3.52 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 625.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | 3.14 Bn |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 137.09 Mn |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.00 Bn | 145.55 Mn | 231.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 231.10 Mn |
| Dec 31, 2025 | 223.13 Mn |
| Sep 30, 2025 | 206.66 Mn |
| Jun 30, 2025 | 204.53 Mn |
| Mar 31, 2025 | 181.47 Mn |
| Dec 31, 2024 | 152.47 Mn |
| Sep 30, 2024 | 149.87 Mn |
| Jun 30, 2024 | 146.05 Mn |
| Mar 31, 2024 | 145.59 Mn |
| Dec 31, 2023 | 138.69 Mn |
| Sep 30, 2023 | 141.83 Mn |
| Jun 30, 2023 | 114.25 Mn |
| Mar 31, 2023 | 126.38 Mn |
| Dec 31, 2022 | 103.54 Mn |
| Sep 30, 2022 | 92.94 Mn |
| Jun 30, 2022 | 82.98 Mn |
| Mar 31, 2022 | 80.23 Mn |
| Dec 31, 2021 | 77.28 Mn |
| Sep 30, 2021 | 73.23 Mn |
| Dec 31, 2020 | 56.60 Mn |
API Access
Clearwater Analytics Holdings Receivables 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=receivables&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();