Clearwater Analytics Holdings (CWAN) Revenue (2020 - 2026)

Clearwater Analytics Holdings (CWAN) posted Revenue of $221.2 million for Q1 2026, up 1.73% on a QoQ basis from $217.5 million in Q4 2025, and up 74.38% year-over-year from $126.9 million in Q1 2025.

Clearwater Analytics Holdings (CWAN) Revenue (2020 - 2026) Analysis & Trends

Clearwater Analytics Holdings' Revenue history runs 7 years deep, the most recent figure standing at $221.2 million for Q1 2026.

  • Quarterly Revenue rose 74.38% year-over-year to $221.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $825.7 million (up 73.49% YoY) and the FY2025 annual result came in at $731.4 million, up 61.88% from the prior year.
  • Revenue was $221.2 million for Q1 2026 at Clearwater Analytics Holdings, up from $217.5 million in the prior quarter.
  • Across five years, Revenue topped out at $221.2 million in Q1 2026 and bottomed at $70.8 million in Q1 2022.
  • A 5-year average of $122.1 million and a median of $102.7 million in 2024 frame the typical range for Revenue.
  • Annual changes were most pronounced in 2022 — Revenue gained 18.53% — and 2025, when it jumped 77.08%.
  • Clearwater Analytics Holdings' Revenue stood at $82.7 million in 2022, then increased by 19.75% to $99.0 million in 2023, then grew by 27.72% to $126.5 million in 2024, then soared by 71.95% to $217.5 million in 2025, then advanced by 1.73% to $221.2 million in 2026.
  • Business Quant data shows CWAN's Revenue at $221.2 million in Q1 2026, $217.5 million in Q4 2025, and $205.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 11.19 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 3.17 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 13.20 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 11.13 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 3.99 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 5.94 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.39 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.47 Bn
10 Clearwater Analytics Holdings 7.24 Bn 7.17 Bn 145.55 Mn 221.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 221.23 Mn
Dec 31, 2025 217.46 Mn
Sep 30, 2025 205.11 Mn
Jun 30, 2025 181.94 Mn
Mar 31, 2025 126.86 Mn
Dec 31, 2024 126.47 Mn
Sep 30, 2024 115.83 Mn
Jun 30, 2024 106.79 Mn
Mar 31, 2024 102.72 Mn
Dec 31, 2023 99.02 Mn
Sep 30, 2023 94.66 Mn
Jun 30, 2023 89.88 Mn
Mar 31, 2023 84.61 Mn
Dec 31, 2022 82.69 Mn
Sep 30, 2022 76.55 Mn
Jun 30, 2022 73.41 Mn
Mar 31, 2022 70.78 Mn
Dec 31, 2021 69.76 Mn
Sep 30, 2021 64.49 Mn
Jun 30, 2021 60.88 Mn