Clearwater Analytics Holdings, Inc. (CWAN) Shares Outstanding (2021 - 2026)
Clearwater Analytics Holdings (CWAN) posted Shares Outstanding of 294.99 million for Q1 2026, up 24.3% from 237.32 million a year earlier and up 8.7% from the prior quarter.
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Analysis
Clearwater Analytics Holdings, Inc. (CWAN) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, Clearwater Analytics Holdings' Shares Outstanding came in at 271.32 million, up 23.7% from FY2024.
- Annual Shares Outstanding has increased for four consecutive years, with a four-year compound annual growth rate of 11.2% (FY2021 to FY2025).
- In prior years, Clearwater Analytics Holdings' Shares Outstanding was 219.32 million in FY2024 (+9.8%), 199.69 million in FY2023 (+7.6%), 185.56 million in FY2022 (+4.4%) and 177.68 million in FY2021.
- The Q1 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q3 2021.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 15 quarters, with growth averaging 17.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 4.4% in Q4 2022 to 31.5% in Q3 2025.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 271.32 million (Q4 2025), 287.98 million (Q3 2025) and 270.63 million (Q2 2025).
Peer Set
Peer Comparison
Historic Data
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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 |
API Access
Clearwater Analytics Holdings, Inc. Shares Outstanding 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=shares-outstanding&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();