Clearwater Analytics Holdings (CWAN) Share-based Compensation (2020 - 2026)
Clearwater Analytics Holdings (CWAN) posted Share-based Compensation of $28.58 million for Q1 2026, up 20.5% from $23.71 million a year earlier but down 13.8% from the prior quarter.
Powered by 
Analysis
Clearwater Analytics Holdings (CWAN) Share-based Compensation (2020 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Share-based Compensation at Clearwater Analytics Holdings was $132.76 million, up 29.3% year-over-year; for FY2025, it was $127.9 million, up 23.9% from FY2024.
- Annual Share-based Compensation shows a five-year compound annual growth rate of 39.1% (FY2020 to FY2025).
- In prior years, Clearwater Analytics Holdings' Share-based Compensation was $103.2 million in FY2024 (-1.2%), $104.45 million in FY2023 (+59.0%), $65.69 million in FY2022 (+79.0%) and $36.7 million in FY2021 (+49.2%).
- Quarterly Share-based Compensation has run from a low of $6.69 million in Q2 2021 to a high of $37.55 million in Q2 2025 over five years.
- On a year-over-year basis, Share-based Compensation has increased in each of the last four quarters, with growth averaging 14.4% over the last eight quarters.
- The strongest year-over-year quarter for Share-based Compensation in the past five years was Q1 2022, with growth of 226.3%; the weakest was Q3 2024, with a decline of 14.4%.
- According to Business Quant data, Share-based Compensation for the three prior quarters was $33.17 million (Q4 2025), $33.47 million (Q3 2025) and $37.55 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 265.21 Mn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 1.13 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | -185.98 Mn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 906.00 Mn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 283.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 59.70 Mn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 507.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 14.27 Mn |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.00 Bn | 145.55 Mn | 28.58 Mn |
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 | 37.55 Mn |
| Mar 31, 2025 | 23.71 Mn |
| Dec 31, 2024 | 28.14 Mn |
| Sep 30, 2024 | 25.98 Mn |
| Jun 30, 2024 | 24.86 Mn |
| Mar 31, 2024 | 24.23 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 | 16.70 Mn |
| Jun 30, 2022 | 16.19 Mn |
| Mar 31, 2022 | 15.88 Mn |
| Dec 31, 2021 | 17.46 Mn |
| Sep 30, 2021 | 7.68 Mn |
| Jun 30, 2021 | 6.69 Mn |
API Access
Clearwater Analytics Holdings Share-based Compensation 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=share-based-compensation&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();