Growth Metrics

Clearwater Analytics Holdings (CWAN) Shares Outstanding (Weighted Average) (2021 - 2026)

Clearwater Analytics Holdings posted quarterly Shares Outstanding (Weighted Average) of $295.0 million for Q1 2026, up 24.3% year-on-year from $237.3 million in Q1 2025, and up 8.72% on a QoQ basis from $271.3 million in Q4 2025.

Clearwater Analytics Holdings (CWAN) has 6 years of Shares Outstanding (Weighted Average) data on file, last reported at $295.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Weighted Average) rose 24.3% year-over-year to $295.0 million; the trailing twelve-month figure through Mar 2026 stood at $295.0 million (up 24.3% YoY), and the FY2025 full-year result was $271.3 million, up 23.71% from the prior year.
  • Shares Outstanding (Weighted Average) for Q1 2026 stood at $295.0 million, up from $271.3 million in the prior quarter.
  • Across five years, Shares Outstanding (Weighted Average) topped out at $295.0 million in Q1 2026 and bottomed at $178.5 million in Q1 2022.
  • The 5-year median for Shares Outstanding (Weighted Average) is $213.3 million (2024), against an average of $220.7 million.
  • The widest annual swing landed in 2022, when Shares Outstanding (Weighted Average) increased 3.71%; it then jumped 31.49% in 2025.
  • A 5-year view of Shares Outstanding (Weighted Average) shows it stood at $185.6 million in 2022, then increased by 7.62% to $199.7 million in 2023, then increased by 9.83% to $219.3 million in 2024, then advanced by 23.71% to $271.3 million in 2025, then increased by 8.72% to $295.0 million in 2026.
  • The last three Shares Outstanding (Weighted Average) figures came in at $295.0 million (Q1 2026), $271.3 million (Q4 2025), and $288.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Weighted Avg.) (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 1.44 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 950.00 Mn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 2.05 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.30 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 1.04 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 272.06 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 410.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 403.50 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 276.00 Mn
10 Clearwater Analytics Holdings 7.17 Bn 7.10 Bn 145.55 Mn 294.99 Mn

Historic Data

Download Data 🔒
DateValue
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 215.80 Mn
Mar 31, 2024 213.26 Mn
Dec 31, 2023 199.69 Mn
Sep 30, 2023 197.90 Mn
Jun 30, 2023 198.05 Mn
Mar 31, 2023 192.99 Mn
Dec 31, 2022 185.56 Mn
Sep 30, 2022 184.03 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