Clearwater Analytics Holdings CWAN Peer Comparison

CWAN
$24.56 +0.00 (+0.00%)
At close: Jul 2, 2026 · 4:00 PM EDT
Peer Comparison

115 Comparable Companies

Industry Accounting Software

Clearwater Analytics Holdings, Inc. (CWAN) is the 21st largest of 115 Accounting Software companies by market capitalisation, at 7.30 Bn, behind Paylocity Holding Corp at 8.11 Bn. The table below compares all 115 on 8 financial metrics.

Download Data
# Ticker Company match industry_code industry_group industry_group_code Market Capitalization P/E P/S Enterprise Value
1 INTU Intuit Inc. primary T-18 Business Applications TG-03 91.01 Bn 20.03 4.35 84.23 Bn
2 CWAN Clearwater Analytics Holdings, Inc. primary T-18 Business Applications TG-03 7.30 Bn -144.94 8.84 7.22 Bn
3 NAVN Navan, Inc. primary T-18 Business Applications TG-03 7.02 Bn -18.30 9.35 6.34 Bn
4 BILL BILL Holdings, Inc. primary T-18 Business Applications TG-03 4.52 Bn -438.01 2.74 2.59 Bn
5 BL Blackline, Inc. primary T-18 Business Applications TG-03 1.91 Bn 110.56 2.61 1.41 Bn
6 EXFY Expensify, Inc. primary T-18 Business Applications TG-03 0.22 Bn -14.54 1.58 0.15 Bn
7 ANKM Ankam, Inc. primary T-18 Business Applications TG-03 0.03 Bn -83.84 210.53 0.03 Bn
8 PLTR Palantir Technologies Inc. secondary T-23 Business Applications TG-03 418.90 Bn 138.04 68.05 409.60 Bn
9 CRM Salesforce, Inc. secondary T-16 Business Applications TG-03 213.40 Bn 21.97 4.86 201.99 Bn
10 BLK BlackRock, Inc. secondary F-09 Asset and Wealth Management FG-03 173.88 Bn 26.45 6.37 160.24 Bn
11 NOW ServiceNow, Inc. secondary T-20 Business Applications TG-03 146.07 Bn 87.24 9.92 141.41 Bn
12 SNOW Snowflake Inc. secondary T-36 Infrastructure Software TG-06 118.87 Bn -108.22 21.87 116.53 Bn
13 ADP Automatic Data Processing Inc secondary T-21 Business Applications TG-03 110.44 Bn 25.31 5.03 106.21 Bn
14 MCO Moodys Corp /De/ secondary F-23 Financial Data FG-06 85.51 Bn 30.72 10.48 84.15 Bn
15 RELX Relx Plc secondary T-23 Business Applications TG-03 64.63 Bn 5.22 4.50 64.32 Bn
16 NDAQ Nasdaq, Inc. secondary F-20 Capital Markets FG-05 54.45 Bn 27.79 6.22 53.73 Bn
17 MSTR Strategy Inc secondary T-23 Business Applications TG-03 50.26 Bn -1.60 100.85 47.81 Bn
18 TRI Thomson Reuters Corp /Can/ secondary T-22 Business Applications TG-03 46.10 Bn 27.98 5.89 45.06 Bn
19 FICO Fair Isaac Corp secondary T-23 Business Applications TG-03 20.13 Bn 25.92 8.41 19.88 Bn
20 ULS UL Solutions Inc. secondary I-26 Business Services IG-06 14.92 Bn 28.25 4.74 14.51 Bn
21 DOCU Docusign, Inc. secondary T-22 Business Applications TG-03 12.87 Bn 39.66 3.83 12.10 Bn
22 JKHY Jack Henry & Associates Inc secondary T-57 Fintech TG-09 11.61 Bn 23.68 4.56 11.60 Bn
23 FROG JFrog Ltd secondary T-34 Infrastructure Software TG-06 10.78 Bn -198.54 17.97 9.95 Bn
24 SAIL SailPoint, Inc. secondary T-39 Infrastructure Software TG-06 10.67 Bn -67.50 9.52 10.28 Bn
25 PCOR Procore Technologies, Inc. secondary T-30 Vertical Software TG-05 8.81 Bn -226.25 6.19 8.15 Bn
26 PCTY Paylocity Holding Corp secondary T-21 Business Applications TG-03 8.11 Bn 30.53 4.58 7.84 Bn
27 MSA MSA Safety Inc secondary I-08 Machinery IG-02 7.28 Bn 23.20 3.74 7.08 Bn
28 FOUR Shift4 Payments, Inc. secondary T-54 Fintech TG-09 7.14 Bn 64.34 1.49 6.90 Bn
29 ZETA Zeta Global Holdings Corp. secondary T-17 Business Applications TG-03 7.10 Bn -3,543.73 4.52 6.79 Bn
30 DSGX Descartes Systems Group Inc secondary T-32 Vertical Software TG-05 6.79 Bn 31.80 9.01 6.41 Bn
31 TTD Trade Desk, Inc. secondary T-50 Internet Platforms TG-08 6.78 Bn 16.61 2.27 5.29 Bn
32 NICE NICE Ltd. secondary T-26 Workplace Software TG-04 6.38 Bn 6.89 1.08 6.02 Bn
33 QLYS Qualys, Inc. secondary T-38 Infrastructure Software TG-06 5.95 Bn 29.08 8.46 5.52 Bn
34 NTSK Netskope Inc secondary T-38 Infrastructure Software TG-06 5.69 Bn -9.64 7.09 4.62 Bn
35 EXLS ExlService Holdings, Inc. secondary T-63 Technology Services TG-11 5.56 Bn 22.34 2.48 5.27 Bn
36 BLSH Bullish secondary T-58 Fintech TG-09 5.43 Bn -5.24 0.03 5.38 Bn
37 NIQ NIQ Global Intelligence plc secondary T-23 Business Applications TG-03 5.43 Bn -21.25 1.25 5.25 Bn
38 JG Aurora Mobile Ltd secondary T-34 Infrastructure Software TG-06 4.87 Bn 3,233.06 86.59 4.85 Bn
39 BOX Box Inc secondary T-24 Workplace Software TG-04 4.83 Bn 49.99 3.95 4.38 Bn
40 WK Workiva Inc secondary T-22 Business Applications TG-03 4.15 Bn 90.58 4.29 3.33 Bn
41 QTWO Q2 Holdings, Inc. secondary T-57 Fintech TG-09 3.87 Bn 42.18 4.58 3.77 Bn
42 GENI Genius Sports Ltd secondary T-36 Infrastructure Software TG-06 3.80 Bn -10.09 4.80 3.64 Bn
43 AMPL Amplitude, Inc. secondary T-23 Business Applications TG-03 3.25 Bn -19.72 8.68 3.07 Bn
44 INTA Intapp, Inc. secondary T-16 Business Applications TG-03 3.19 Bn -80.39 5.52 3.03 Bn
45 CLBT Cellebrite DI Ltd. secondary T-38 Infrastructure Software TG-06 2.86 Bn 47.08 5.55 2.57 Bn
46 AVPT AvePoint, Inc. secondary T-37 Infrastructure Software TG-06 2.84 Bn 30.40 6.09 2.42 Bn
47 CARG CarGurus, Inc. secondary T-51 Internet Platforms TG-08 2.55 Bn 14.03 2.64 2.43 Bn
48 ACVA ACV Auctions Inc. secondary T-51 Internet Platforms TG-08 2.45 Bn -18.93 3.06 2.21 Bn
49 VERX Vertex, Inc. secondary T-22 Business Applications TG-03 2.22 Bn 1,358.01 2.82 1.99 Bn
50 BLKB Blackbaud Inc secondary T-16 Business Applications TG-03 2.14 Bn 13.99 1.87 1.30 Bn
51 DV DoubleVerify Holdings, Inc. secondary T-50 Internet Platforms TG-08 2.07 Bn 34.95 2.69 1.86 Bn
52 CLVT Clarivate Plc secondary T-22 Business Applications TG-03 1.33 Bn -3.98 0.55 1.11 Bn
53 DFIN Donnelley Financial Solutions, Inc. secondary T-22 Business Applications TG-03 1.26 Bn 50.66 1.62 1.23 Bn
54 RDVT Red Violet, Inc. secondary T-39 Infrastructure Software TG-06 1.07 Bn 73.31 10.85 1.02 Bn
55 LZ Legalzoom.Com, Inc. secondary T-22 Business Applications TG-03 1.03 Bn 62.07 1.30 0.86 Bn
56 HSTM Healthstream Inc secondary T-27 Vertical Software TG-05 0.85 Bn 40.26 2.66 0.79 Bn
57 FTK Flotek Industries Inc/Cn/ secondary M-02 Chemicals MG-01 0.85 Bn 22.37 2.91 0.85 Bn
58 SMWB Similarweb Ltd. secondary T-23 Business Applications TG-03 0.77 Bn -34.43 2.60 0.69 Bn
59 ALOY Realloys Inc. secondary T-23 Business Applications TG-03 0.69 Bn -4.61 245.01 0.69 Bn
60 SPT Sprout Social, Inc. secondary T-17 Business Applications TG-03 0.69 Bn -20.67 1.43 0.57 Bn
61 CTEV Claritev Corp secondary T-27 Vertical Software TG-05 0.65 Bn -2.30 0.65 0.63 Bn
62 CCSI Consensus Cloud Solutions, Inc. secondary T-26 Workplace Software TG-04 0.65 Bn 6.86 1.83 0.55 Bn
63 YEXT Yext, Inc. secondary T-17 Business Applications TG-03 0.65 Bn 24.95 1.46 0.56 Bn
64 CGNT Cognyte Software Ltd. secondary T-23 Business Applications TG-03 0.62 Bn 250.02 1.51 0.53 Bn
65 OSPN OneSpan Inc. secondary T-39 Infrastructure Software TG-06 0.61 Bn 9.09 2.49 0.57 Bn
66 NEXN Nexxen International Ltd. secondary T-50 Internet Platforms TG-08 0.54 Bn 43.73 1.41 0.41 Bn
67 IBEX IBEX Ltd secondary I-27 Business Services IG-06 0.53 Bn 11.18 0.84 0.51 Bn
68 TLS Telos Corp secondary T-22 Business Applications TG-03 0.36 Bn -22.84 1.85 0.31 Bn
69 TTGT TechTarget, Inc. secondary T-17 Business Applications TG-03 0.29 Bn 44.31 0.60 0.25 Bn
70 MKTW Marketwise, Inc. secondary T-23 Business Applications TG-03 0.29 Bn 1.72 0.92 0.03 Bn
71 LAW CS Disco, Inc. secondary T-22 Business Applications TG-03 0.28 Bn -6.80 1.65 0.17 Bn
72 POWW Outdoor Holding Co secondary T-51 Internet Platforms TG-08 0.25 Bn 73.29 4.68 0.18 Bn
73 III Information Services Group Inc. secondary I-26 Business Services IG-06 0.25 Bn 21.42 1.00 0.23 Bn
74 CCG Cheche Group Inc. secondary T-55 Fintech TG-09 0.23 Bn -0.88 0.01 0.21 Bn
75 DOMO Domo, Inc. secondary T-23 Business Applications TG-03 0.17 Bn -4.23 0.54 0.14 Bn
76 RDCM Radcom Ltd secondary T-37 Infrastructure Software TG-06 0.17 Bn 18.86 3.18 0.06 Bn
77 TRAK ReposiTrak, Inc. secondary T-32 Vertical Software TG-05 0.14 Bn 20.76 6.17 0.12 Bn
78 DH Definitive Healthcare Corp. secondary T-27 Vertical Software TG-05 0.11 Bn -0.55 0.48 -0.03 Bn
79 AEYE Audioeye Inc secondary T-22 Business Applications TG-03 0.10 Bn -20.73 2.28 0.09 Bn
80 USDW Made In Usa Inc. secondary T-22 Business Applications TG-03 0.09 Bn 92,305.45 3,513.82 0.09 Bn
81 AIRT Air T Inc secondary I-01 Aerospace and Defense IG-01 0.09 Bn 1.23 0.23 0.08 Bn
82 SCOR Comscore, Inc. secondary T-50 Internet Platforms TG-08 0.08 Bn 3.29 0.23 0.05 Bn
83 EGG Enigmatig Ltd secondary I-26 Business Services IG-06 0.07 Bn — — 0.06 Bn
84 MCHX Marchex Inc secondary T-17 Business Applications TG-03 0.07 Bn -21.07 1.53 0.06 Bn
85 MAPS Wm Technology, Inc. secondary T-51 Internet Platforms TG-08 0.06 Bn 13.99 0.37 0.08 Bn
86 DGNX Diginex Ltd secondary T-22 Business Applications TG-03 0.04 Bn -1.24 12.08 0.04 Bn
87 ATHR Aether Holdings, Inc. secondary T-23 Business Applications TG-03 0.04 Bn -8.20 28.35 0.04 Bn
88 AMBR Amber International Holding Ltd secondary F-22 Capital Markets FG-05 0.02 Bn -101.73 0.61 -0.01 Bn
89 GAME GameSquare Holdings, Inc. secondary C-04 Advertising and Media CG-02 0.02 Bn -0.53 0.43 0.02 Bn
90 BLIV BeLive Holdings secondary T-52 Internet Platforms TG-08 0.02 Bn 3.26 40.31 0.02 Bn
91 CRMZ Creditriskmonitor Com Inc secondary T-22 Business Applications TG-03 0.02 Bn -55.20 1.11 0.00 Bn
92 TRCK Track Group, Inc. secondary T-11 Computer Hardware TG-02 0.02 Bn 0.97 0.55 0.01 Bn
93 CDLX Cardlytics, Inc. secondary T-50 Internet Platforms TG-08 0.02 Bn -0.21 0.11 -0.01 Bn
94 LICN Lichen International Ltd secondary I-26 Business Services IG-06 0.02 Bn -0.28 0.77 -0.01 Bn
95 UPYY Upay secondary T-22 Business Applications TG-03 0.02 Bn -11.27 19.76 0.02 Bn
96 QMCI Quotemedia Inc secondary T-23 Business Applications TG-03 0.01 Bn -8.74 0.69 0.01 Bn
97 FNGR FingerMotion, Inc. secondary T-63 Technology Services TG-11 0.01 Bn -1.75 0.75 0.01 Bn
98 SAGT SAGTEC GLOBAL Ltd secondary T-31 Vertical Software TG-05 0.01 Bn -14.50 0.19 0.01 Bn
99 ASFH Asiafin Holdings Corp. secondary T-54 Fintech TG-09 0.01 Bn 15.49 1.82 0.01 Bn
100 CISO CISO Global, Inc. secondary T-38 Infrastructure Software TG-06 0.01 Bn -2.00 0.41 0.01 Bn
101 NVNI Nvni Group Ltd secondary T-19 Business Applications TG-03 0.01 Bn -0.44 0.27 0.01 Bn
102 ZTG Zenta Group Co Ltd secondary I-26 Business Services IG-06 0.01 Bn — — 0.01 Bn
103 QURT Quarta-Rad, Inc. secondary T-20 Business Applications TG-03 0.01 Bn -32.27 33.91 0.01 Bn
104 DSNY Destiny Media Technologies Inc secondary T-48 Internet Platforms TG-08 0.01 Bn -5.10 1.24 0.00 Bn
105 GDLG Glidelogic Corp. secondary T-40 Infrastructure Software TG-06 0.01 Bn -50.40 — 0.01 Bn
106 CYAB Cyabra, Inc. secondary T-38 Infrastructure Software TG-06 0.00 Bn -0.25 0.85 0.00 Bn
107 ESSI Eco Science Solutions, Inc. secondary T-19 Business Applications TG-03 0.00 Bn -3.08 12,559.11 0.00 Bn
108 OVTZ Oculus Inc. secondary T-22 Business Applications TG-03 0.00 Bn — — 0.00 Bn
109 HCTI Healthcare Triangle, Inc. secondary T-38 Infrastructure Software TG-06 0.00 Bn -0.51 0.09 0.00 Bn
110 SHFS SHF Holdings, Inc. secondary F-06 Lending and Credit FG-02 0.00 Bn -0.22 0.25 0.00 Bn
111 NOTE FiscalNote Holdings, Inc. secondary T-22 Business Applications TG-03 0.00 Bn -0.01 0.02 -0.02 Bn
112 FTSP FinTrade Sherpa, Inc. secondary T-40 Infrastructure Software TG-06 0.00 Bn -3.59 — 0.00 Bn
113 HKIT HiTek Global Inc. secondary T-64 Technology Services TG-11 0.00 Bn 1.80 0.17 0.00 Bn
114 PRFX PRF Technologies Ltd. secondary H-04 Pharmaceuticals and Biotechnology HG-01 0.00 Bn -0.18 53.74 -0.01 Bn
115 WORXD SCWorx Corp. secondary T-27 Vertical Software TG-05 0.00 Bn -0.19 0.15 0.00 Bn