Clearwater Analytics Holdings (CWAN) Revenue (2020 - 2026)
Clearwater Analytics Holdings (CWAN) reported Revenue of $221.2 million for 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.
Clearwater Analytics Holdings (CWAN) Revenue (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings has reported Revenue for 7 years, with the latest figure at $221.2 million 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 for Q1 2026 stood at $221.2 million, up from $217.5 million in the prior quarter.
- The five-year high for Revenue was $221.2 million in Q1 2026, with the low 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.
- Annual changes were most pronounced in 2022 — Revenue grew 18.53% — and 2025, when it jumped 77.08%.
- Clearwater Analytics Holdings' Revenue stood at $82.7 million in 2022, then climbed by 19.75% to $99.0 million in 2023, then advanced by 27.72% to $126.5 million in 2024, then jumped by 71.95% to $217.5 million in 2025, then rose by 1.73% to $221.2 million in 2026.
- The last three Revenue figures came in at $221.2 million (Q1 2026), $217.5 million (Q4 2025), and $205.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 11.19 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 13.20 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 3.17 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 11.13 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.47 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 3.77 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 5.94 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 6.62 Bn |
| 10 | Clearwater Analytics Holdings | 7.15 Bn | 7.07 Bn | 145.55 Mn | 221.23 Mn |
Historic Data
Download 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 |