Clearwater Analytics Holdings (CWAN) Shares Outstanding (2021 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Shares Outstanding (Entity) came in at $297.2 million in Q1 2026, up 4.93% on a YoY basis from $283.3 million in Q1 2025, and up 2.0% quarter-over-quarter from $291.4 million in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) Shares Outstanding (2021 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Shares Outstanding (Entity) for 6 consecutive years, with $297.2 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Entity) rose 4.93% year-over-year to $297.2 million; the trailing twelve-month figure through Mar 2026 stood at $297.2 million (up 4.93% YoY), and the FY2025 full-year result was $291.4 million, up 36.91% from the prior year.
- Shares Outstanding (Entity) grew to $297.2 million in Q1 2026 per CWAN's latest filing, from $291.4 million in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $297.2 million in Q1 2026 and bottomed at $212.9 million in Q4 2024.
- Historically, Shares Outstanding (Entity) has averaged $249.1 million across 5 years, with a median of $241.3 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Shares Outstanding (Entity) decreased 12.53% in 2024, then surged 36.91% in 2025.
- Over 5 years, Shares Outstanding (Entity) stood at $240.0 million in 2022, then advanced by 1.38% to $243.4 million in 2023, then decreased by 12.53% to $212.9 million in 2024, then soared by 36.91% to $291.4 million in 2025, then grew by 2.0% to $297.2 million in 2026.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $297.2 million, $291.4 million, and $288.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 276.00 Mn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 294.99 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 250.28 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 99.92 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 58.53 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 95.44 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 4.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 294.99 Mn |
| Dec 31, 2025 | 271.32 Mn |
| Sep 30, 2025 | 287.98 Mn |
| Jun 30, 2025 | 270.63 Mn |
| Mar 31, 2025 | 237.32 Mn |
| Dec 31, 2024 | 219.32 Mn |
| Sep 30, 2024 | 219.01 Mn |
| Jun 30, 2024 | 218.35 Mn |
| Mar 31, 2024 | 213.26 Mn |
| Dec 31, 2023 | 199.69 Mn |
| Sep 30, 2023 | 201.58 Mn |
| Jun 30, 2023 | 198.05 Mn |
| Mar 31, 2023 | 192.99 Mn |
| Dec 31, 2022 | 185.56 Mn |
| Sep 30, 2022 | 187.82 Mn |
| Jun 30, 2022 | 185.78 Mn |
| Mar 31, 2022 | 178.52 Mn |
| Dec 31, 2021 | 177.68 Mn |
| Sep 30, 2021 | 177.45 Mn |