Clearwater Analytics Holdings (CWAN) Revenue (2020 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Revenue came in at $221.2 million in Q1 2026, up 74.38% on a YoY basis from $126.9 million in Q1 2025, and up 1.73% quarter-over-quarter from $217.5 million in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) Revenue (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Revenue for 7 consecutive years, with $221.2 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Revenue rose 74.38% year-over-year to $221.2 million; the trailing twelve-month figure through Mar 2026 stood at $825.7 million (up 73.49% YoY), and the FY2025 full-year result was $731.4 million, up 61.88% from the prior year.
- Revenue climbed to $221.2 million in Q1 2026 per CWAN's latest filing, 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.
- Historically, Revenue has averaged $122.1 million across 5 years, with a median of $102.7 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Revenue increased 18.53% in 2022, then surged 77.08% in 2025.
- Over 5 years, 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.
- According to Business Quant data, Revenue over the past three periods registered $221.2 million, $217.5 million, and $205.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 8.56 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 221.23 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 220.23 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 436.19 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 187.82 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 33.87 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 44,900.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |