Clearwater Analytics Holdings (CWAN) Revenue (2020 - 2026)
Clearwater Analytics Holdings (CWAN) recorded Revenue of $221.23 million in Q1 2026, up 74.4% from $126.86 million a year earlier and up 1.7% from the prior quarter.
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Analysis
Clearwater Analytics Holdings (CWAN) Revenue (2020 - 2026) Analysis & Trends
On a TTM basis, Clearwater Analytics Holdings' Revenue came in at $825.73 million as of Mar 31, 2026, up 73.5% year-over-year; for FY2025, it came in at $731.37 million, up 61.9% from FY2024.
- Annual Revenue has increased for six straight years, with a five-year compound annual growth rate of 29.2% (FY2020 to FY2025).
- Across earlier years, Revenue came in at $451.8 million in FY2024 (+22.7%), $368.17 million in FY2023 (+21.3%), $303.43 million in FY2022 (+20.4%) and $252.02 million in FY2021 (+24.0%).
- The Q1 2026 figure is the highest quarterly Revenue in data going back to Q3 2020.
- On a year-over-year basis, Revenue has increased for 19 consecutive quarters, with growth averaging 48.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Revenue ranged from 18.5% (Q4 2022) to 77.1% (Q3 2025).
- Per Business Quant, the preceding three quarters came in at $217.46 million (Q4 2025), $205.11 million (Q3 2025) and $181.94 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 1.94 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 19.35 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 11.48 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 11.35 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 3.99 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 5.47 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 4.35 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 122.37 Mn |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.00 Bn | 145.55 Mn | 221.23 Mn |
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 |
API Access
Clearwater Analytics Holdings Revenue 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=revenue&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();