Clearwater Analytics Holdings (CWAN) Share-based Compensation (2020 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Share-based Compensation came in at $28.6 million in Q1 2026, up 17.1% on a YoY basis from $24.4 million in Q1 2025, and down 13.84% quarter-over-quarter from $33.2 million in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) Share-based Compensation (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Share-based Compensation for 7 consecutive years, with $28.6 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Share-based Compensation rose 17.1% year-over-year to $28.6 million; the trailing twelve-month figure through Mar 2026 stood at $132.1 million (up 33.63% YoY), and the FY2025 full-year result was $127.9 million, up 23.93% from the prior year.
- Share-based Compensation declined to $28.6 million in Q1 2026 per CWAN's latest filing, from $33.2 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $58.8 million in Q2 2022 and bottomed at $16.9 million in Q4 2022.
- Historically, Share-based Compensation has averaged $30.1 million across 5 years, with a median of $28.6 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Share-based Compensation jumped 778.79% in 2022, then plunged 51.41% in 2023.
- Over 5 years, Share-based Compensation stood at $16.9 million in 2022, then surged by 31.9% to $22.3 million in 2023, then increased by 26.08% to $28.1 million in 2024, then gained by 17.85% to $33.2 million in 2025, then fell by 13.84% to $28.6 million in 2026.
- According to Business Quant data, Share-based Compensation over the past three periods registered $28.6 million, $33.2 million, and $33.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 485.00 Mn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 28.58 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 37.31 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 52.78 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 27.48 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 439,000.00 |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 28.58 Mn |
| Dec 31, 2025 | 33.17 Mn |
| Sep 30, 2025 | 33.47 Mn |
| Jun 30, 2025 | 36.86 Mn |
| Mar 31, 2025 | 24.40 Mn |
| Dec 31, 2024 | 28.14 Mn |
| Sep 30, 2024 | 25.98 Mn |
| Jun 30, 2024 | 20.31 Mn |
| Mar 31, 2024 | 28.77 Mn |
| Dec 31, 2023 | 22.32 Mn |
| Sep 30, 2023 | 30.36 Mn |
| Jun 30, 2023 | 28.57 Mn |
| Mar 31, 2023 | 23.20 Mn |
| Dec 31, 2022 | 16.92 Mn |
| Sep 30, 2022 | 51.40 Mn |
| Jun 30, 2022 | 58.80 Mn |
| Mar 31, 2022 | 21.19 Mn |
| Dec 31, 2021 | 17.46 Mn |
| Sep 30, 2021 | 23.00 Mn |
| Jun 30, 2021 | 6.69 Mn |