Clearwater Analytics Holdings, Inc. (CWAN) Selling, General & Administrative (2020 - 2026)
Clearwater Analytics Holdings' Selling, General & Administrative was $33.27 million in Q1 2026, up 15.4% from $28.83 million a year earlier but down 33.6% from the prior quarter.
Clearwater Analytics Holdings, Inc. (CWAN) Selling, General & Administrative (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Clearwater Analytics Holdings' Selling, General & Administrative was $158.86 million through Mar 31, 2026, up 48.6% year-over-year; for FY2025, it was $154.43 million, up 56.3% from FY2024.
- Selling, General & Administrative has now increased for six consecutive years, with a five-year compound annual growth rate of 28.6% (FY2020 to FY2025).
- In earlier years, Selling, General & Administrative was $98.77 million in FY2024 (+5.6%), $93.5 million in FY2023 (+46.6%), $63.77 million in FY2022 (+45.1%) and $43.94 million in FY2021 (+0.2%).
- Quarterly Selling, General & Administrative has moved between $10.9 million (Q3 2021) and $50.1 million (Q4 2025) over five years.
- Compared with a year earlier, Selling, General & Administrative has increased for six straight quarters, with growth averaging 37.1% over the last eight quarters.
- The best year-over-year quarter for Selling, General & Administrative over five years was Q3 2021 (growth of 113.6%); the worst was Q4 2021 (a decline of 48.5%).
- Per Business Quant data, CWAN's Selling, General & Administrative in the three quarters before Q1 2026 was $50.1 million (Q4 2025), $31.38 million (Q3 2025) and $44.12 million (Q2 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 33.27 Mn |
| Dec 31, 2025 | 50.10 Mn |
| Sep 30, 2025 | 31.38 Mn |
| Jun 30, 2025 | 44.12 Mn |
| Mar 31, 2025 | 28.83 Mn |
| Dec 31, 2024 | 32.90 Mn |
| Sep 30, 2024 | 22.63 Mn |
| Jun 30, 2024 | 22.53 Mn |
| Mar 31, 2024 | 20.72 Mn |
| Dec 31, 2023 | 18.05 Mn |
| Sep 30, 2023 | 26.27 Mn |
| Jun 30, 2023 | 25.87 Mn |
| Mar 31, 2023 | 23.31 Mn |
| Dec 31, 2022 | 16.90 Mn |
| Sep 30, 2022 | 16.37 Mn |
| Jun 30, 2022 | 15.45 Mn |
| Mar 31, 2022 | 15.04 Mn |
| Dec 31, 2021 | 14.32 Mn |
| Sep 30, 2021 | 10.90 Mn |
| Jun 30, 2021 | 11.18 Mn |
Clearwater Analytics Holdings, Inc. Selling, General & Administrative 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=selling-general-and-administrative&ticker=CWAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();