Growth Metrics

Clearwater Analytics Holdings (CWAN) Research & Development (2020 - 2025)

Historic Research & Development for Clearwater Analytics Holdings (CWAN) over the last 6 years, with Q3 2025 value amounting to $52.1 million.

  • Clearwater Analytics Holdings' Research & Development rose 4218.42% to $52.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $180.1 million, marking a year-over-year increase of 2562.61%. This contributed to the annual value of $150.6 million for FY2024, which is 2149.12% up from last year.
  • Per Clearwater Analytics Holdings' latest filing, its Research & Development stood at $52.1 million for Q3 2025, which was up 4218.42% from $49.8 million recorded in Q2 2025.
  • In the past 5 years, Clearwater Analytics Holdings' Research & Development ranged from a high of $52.1 million in Q3 2025 and a low of $15.8 million during Q1 2021
  • For the 5-year period, Clearwater Analytics Holdings' Research & Development averaged around $30.6 million, with its median value being $29.8 million (2023).
  • Over the last 5 years, Clearwater Analytics Holdings' Research & Development had its largest YoY gain of 4218.42% in 2025, and its largest YoY loss of 73.26% in 2025.
  • Quarter analysis of 5 years shows Clearwater Analytics Holdings' Research & Development stood at $21.7 million in 2021, then increased by 13.15% to $24.6 million in 2022, then soared by 37.37% to $33.7 million in 2023, then grew by 21.28% to $40.9 million in 2024, then rose by 27.29% to $52.1 million in 2025.
  • Its Research & Development was $52.1 million in Q3 2025, compared to $49.8 million in Q2 2025 and $37.4 million in Q1 2025.