Clearwater Analytics Holdings, Inc. (CWAN) Shares Outstanding (Diluted) (2021 - 2026)
Clearwater Analytics Holdings' Shares Outstanding (Diluted) was 294.99 million in Q1 2026, up 19.8% from 246.21 million a year earlier and up 8.7% from the prior quarter.
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Analysis
Clearwater Analytics Holdings, Inc. (CWAN) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Clearwater Analytics Holdings came in at 271.32 million, up 6.7% from FY2024.
- Shares Outstanding (Diluted) has now increased for four consecutive years, with a four-year compound annual growth rate of 11.2% (FY2021 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 254.36 million in FY2024 (+27.4%), 199.69 million in FY2023 (+7.6%), 185.56 million in FY2022 (+4.4%) and 177.68 million in FY2021.
- The Q1 2026 figure marks the highest quarterly Shares Outstanding (Diluted) in data going back to Q3 2021.
- Compared with a year earlier, Shares Outstanding (Diluted) has increased for four straight quarters, with growth averaging 15.5% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was Q1 2024 (growth of 32.4%); the worst was Q1 2023 (a decline of 21.8%).
- Per Business Quant data, CWAN's Shares Outstanding (Diluted) in the three quarters before Q1 2026 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 | 246.21 Mn |
| Dec 31, 2024 | 254.36 Mn |
| Sep 30, 2024 | 231.47 Mn |
| Jun 30, 2024 | 218.35 Mn |
| Mar 31, 2024 | 255.46 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 | 246.92 Mn |
| Dec 31, 2021 | 177.68 Mn |
| Sep 30, 2021 | 235.98 Mn |
API Access
Clearwater Analytics Holdings, Inc. Shares Outstanding (Diluted) 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-diluted&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();