Clearwater Analytics Holdings (CWAN) Tax Rate (2020 - 2026)
Clearwater Analytics Holdings (CWAN) posted Tax Rate of 22.44% for Q1 2026, down 46.78% on a QoQ basis from 42.16% in Q4 2025, and up 418.0% year-over-year from 4.33% in Q1 2025.
Clearwater Analytics Holdings (CWAN) Tax Rate (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings' Tax Rate history runs 7 years deep, the most recent figure standing at 22.44% for Q1 2026.
- Quarterly Tax Rate rose 418.0% year-over-year to 22.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.07% (down 190385.0% YoY) and the FY2025 annual result came in at 18.96%, down 150334.0% from the prior year.
- Tax Rate was 22.44% for Q1 2026 at Clearwater Analytics Holdings, down from 42.16% in the prior quarter.
- Across five years, Tax Rate topped out at 1240.95% in Q4 2024 and bottomed at 25.61% in Q4 2022.
- A 5-year average of 76.54% and a median of 1.44% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate soared 125412 bps — and 2025, when it plunged 119879 bps.
- Clearwater Analytics Holdings' Tax Rate stood at 25.61% in 2022, then jumped by 49 bps to 13.16% in 2023, then surged by 9526 bps to 1240.95% in 2024, then sank by 97 bps to 42.16% in 2025, then sank by 47 bps to 22.44% in 2026.
- Business Quant data shows CWAN's Tax Rate at 22.44% in Q1 2026, 42.16% in Q4 2025, and 5.1% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -29.13% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -18.42% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 8.36% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 39.11% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 22.57% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 31.96% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 23.68% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.37% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 21.59% |
| 10 | Clearwater Analytics Holdings | 7.24 Bn | 7.17 Bn | 145.55 Mn | 22.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.44% |
| Mar 31, 2026 | 22.44% |
| Mar 31, 2026 | 22.44% |
| Dec 31, 2025 | 42.16% |
| Dec 31, 2025 | 42.16% |
| Dec 31, 2025 | 42.16% |
| Sep 30, 2025 | -5.10% |
| Sep 30, 2025 | -5.10% |
| Sep 30, 2025 | -5.10% |
| Jun 30, 2025 | 8.86% |
| Jun 30, 2025 | 8.86% |
| Jun 30, 2025 | 8.86% |
| Mar 31, 2025 | 18.27% |
| Mar 31, 2025 | 18.27% |
| Mar 31, 2025 | 18.27% |
| Dec 31, 2024 | 1,240.95% |
| Dec 31, 2024 | 1,240.95% |
| Dec 31, 2024 | 1,240.95% |
| Sep 30, 2024 | -11.35% |
| Sep 30, 2024 | -11.35% |