Clearwater Analytics Holdings, Inc. (CWAN) Return on Sales [ROS] (2020 - 2026)
Clearwater Analytics Holdings (CWAN) recorded Return on Sales [ROS] of 4.06% in Q1 2026, down 1.52 percentage points from 5.58% a year earlier but up 7.16 percentage points from the prior quarter.
Clearwater Analytics Holdings, Inc. (CWAN) Return on Sales [ROS] (2020 - 2026) Analysis & Trends
On a TTM basis, Clearwater Analytics Holdings' Return on Sales [ROS] came in at -0.70% as of Mar 31, 2026, down 4.79 percentage points year-over-year; for FY2025, it came in at -1.05%, down 3.76 percentage points from FY2024.
- Annual Return on Sales [ROS] has a five-year change of +9.00 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at 2.71% in FY2024 (+7.26 pp), -4.55% in FY2023 (-6.23 pp), 1.69% in FY2022 (-9.61 pp) and 11.29% in FY2021 (+21.34 pp).
- Quarterly Return on Sales [ROS] has ranged from -8.01% in Q2 2025 to 14.06% in Q2 2021 over the past five years.
- On a year-over-year basis, Return on Sales [ROS] has declined for four consecutive quarters, with an average year-over-year change of +0.98 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 113.25 percentage points in Q4 2021, against a drop of 19.67 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.10% (Q4 2025), 3.20% (Q3 2025) and -8.01% (Q2 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 4.06% |
| Dec 31, 2025 | -3.10% |
| Sep 30, 2025 | 3.20% |
| Jun 30, 2025 | -8.01% |
| Mar 31, 2025 | 5.58% |
| Dec 31, 2024 | 0.96% |
| Sep 30, 2024 | 6.34% |
| Jun 30, 2024 | 3.60% |
| Mar 31, 2024 | -0.16% |
| Dec 31, 2023 | 2.62% |
| Sep 30, 2023 | -6.22% |
| Jun 30, 2023 | -7.93% |
| Mar 31, 2023 | -7.47% |
| Dec 31, 2022 | 4.69% |
| Sep 30, 2022 | -1.52% |
| Jun 30, 2022 | 1.54% |
| Mar 31, 2022 | 1.81% |
| Dec 31, 2021 | 0.94% |
| Sep 30, 2021 | 11.26% |
| Jun 30, 2021 | 14.06% |
Clearwater Analytics Holdings, Inc. Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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=return-on-sales-%5Bros%5D&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();