Clearwater Analytics Holdings, Inc. (CWAN) Tax Rate (2020 - 2025)
Clearwater Analytics Holdings (CWAN) reported Tax Rate of 22.44% for Q1 2026, up 4.18 percentage points from 18.27% a year earlier but down 19.72 percentage points from the prior quarter.
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Analysis
Clearwater Analytics Holdings, Inc. (CWAN) Tax Rate (2020 - 2025) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Clearwater Analytics Holdings' Tax Rate came in at 19.07%, down 1903.85 percentage points year-over-year; for FY2025, it was 18.96%, down 1503.34 percentage points from FY2024.
- Tax Rate has a five-year change of +21.04 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 1522.30% in FY2024 (+1523.25 pp), -0.95% in FY2023 (+24.54 pp), -25.49% in FY2022 (-19.09 pp) and -6.40% in FY2021 (-4.32 pp).
- Five-year quarterly Tax Rate spans a low of -57.65% in Q4 2021 and a high of 1240.95% in Q4 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +9.27 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2024 (a gain of 1254.12 percentage points); the low point was Q4 2025 (a drop of 1198.79 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at 42.16% (Q4 2025), -5.10% (Q3 2025) and 8.86% (Q2 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 18.27% |
| Jun 30, 2024 | 22.25% |
| Mar 31, 2022 | 30.98% |
| Jun 30, 2021 | 424.62% |
| Mar 31, 2021 | 1.27% |
| Sep 30, 2020 | 0.85% |
API Access
Clearwater Analytics Holdings, Inc. Tax Rate 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=tax-rate&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();