Clearwater Analytics Holdings, Inc.

Clearwater Analytics Holdings, Inc.

CWAN
Clearwater Analytics Holdings, Inc.US flagNew York Stock Exchange
24.33
USD
-0.06
- -
7.24BMarket Cap
Clearwater Analytics Holdings, Inc.
CWAN
(New York Stock Exchange)

Recent

price

24.33

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.97
1.18
1.42
1.64
1.84
2.06
2.7
2.89
Revenue per Share
0.04
- -
-0.05
-0.04
-0.11
1.94
-0.14
-0.17
Basic EPS, GAAP
-1.35
-0.06
-0.01
0.27
0.4
0.31
0.57
0.5
Free Cash Flow per Basic Share
- -
1
- -
- -
- -
- -
- -
- -
Dividend per Share
-1.17
-1.42
-1.08
-1
-0.91
1.3
0.96
0.92
Book Value per Share
-1.16
-1.99
1.47
1.43
1.69
4.23
0.27
0.44
Tangible Book Value per Share
173
173
178
186
200
219
271
286
Basic Weighted Avg Shares
168
203
252
303
368
452
731
826
Sales/Revenue/Turnover
15.3
-10.05
11.29
1.69
-4.55
2.71
-1.05
-0.7
Operating Margin (%)
2
2
3
5
10
12
86
112
Depreciation Expense
8
- -
-8
-8
-22
424
-39
-48
Net Income, GAAP
0.94
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
4.6
- -
-3.26
-2.63
-5.87
93.93
-5.31
-5.86
Profit Margin (%)
32
63
290
290
335
308
134
164
Working Capital
244
422
51
68
63
61
837
839
LT Debt
-201
-345
262
338
410
1,030
2,031
2,055
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
-14.26
-17.65
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
24
23
22
LT Borrowings
831
815
798
LT Finance Leases
28
23
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
288
291
297
Market Capitalization
4,606
6,540
6,753

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
251
296
294
Cash, Cash Equivalents & STI
64
91
82
Accounts Receivable, Net
100
113
110
Inventories
- -
- -
- -
Total Current Liabilities
128
161
130
Payables & Accruals
56
86
37
ST Debt
24
23
22
Deferred Revenue
17
22
28

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
24.59%
97.15%
Free Cash Flow
- -
-606.05%
123.14%
Net Income, GAAP
- -
-441.83%
-109.14%
Sales/Revenue/Turnover
- -
30.07%
61.88%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
103
107
116
126
452
2025
127
182
205
217
731
2026
221
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
0.02
1.85
1.94
2025
0.03
-0.09
-0.04
-0.04
-0.14
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Clearwater Analytics Holdings, Inc. (NYSE: CWAN) provides a comprehensive cloud-native SaaS platform for automated investment portfolio management, data aggregation, reconciliation, accounting, performance measurement, compliance monitoring, risk analytics, and reporting to institutional investors worldwide; core offerings include the Clearwater Prism platform with modules for reporting, connectors, data operations, and managed services; Clearwater LPx for private funds; Clearwater MLx for mortgage loan investments; Clearwater JUMP for front-to-back office solutions encompassing portfolio and order management; Beacon for cross-asset class modeling, risk analytics, and developer infrastructure; integrated capabilities from Enfusion for trading and portfolio management; and Bistro for private and structured credit analytics, supporting complex strategies across public and private markets, structured products, derivatives, private credit, and multi-asset classes with real-time AI-driven insights, GenAI workflows, and a single-instance multi-tenant architecture that unifies front, middle, and back offices. The company, founded in 2004 and headquartered in Boise, Idaho, with additional offices in New York, London, Edinburgh, and Noida, serves insurers, asset managers, hedge funds, banks, corporations, governments, and institutional entities managing over $10 trillion in assets, primarily in the United States and internationally. Recent developments include the completion of the $1.5 billion acquisition of Enfusion in April 2025, enhancing front-office trading and portfolio capabilities; the acquisition of Beacon Platform in April 2025 for approximately $560 million, deepening risk modeling for derivatives and alternatives; the purchase of Blackstone's Bistro platform for $125 million to bolster private credit analytics; the April 2024 acquisition of Wilshire Advisors' risk and performance analytics solutions for $40 million; and the September 2022 acquisition of JUMP Technology for €75 million, alongside a November 2025 take-private offer from Thoma Bravo following bids from Permira and Warburg Pincus.

Company News

MCPAPIChat
  • Clearwater Analytics Unifies Factor Risk Across Portfolio Management and Risk Oversight

  • Baron Discovery Fund Q1 2026: Who Moved The Needle

  • Clearwater Analytics Brings AI Directly Into Institutional Investment Workflows

  • Clearwater Analytics Brings AI Directly Into Institutional Investment Workflows

  • 3 Reasons Growth Investors Will Love Clearwater Analytics (CWAN)

  • Insurance Investment Outsourcing Surpasses $5.5 Trillion as Private Markets and Global Expansion Reshape the Industry

  • Clearwater Analytics (CWAN) Matches Q1 Earnings Estimates

  • Clearwater Analytics Announces First Quarter 2026 Financial Results

  • Clearwater Analytics (CWAN) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

  • Clearwater Analytics to Announce First Quarter 2026 Financial Results on May 7, 2026

  • APAC Insurers Are Racing into Private Markets. Their Infrastructure Is Not Keeping Up.

  • Insider Selling: Clearwater Analytics (NYSE:CWAN) CFO Sells $450,109.00 in Stock

  • CLEARWATER ANALYTICS: Kaskela Law Seeks Additional Compensation for Clearwater Analytics Holdings (CWAN) Shareholders Subject to Buyout and Encourages Investors to Contact the Firm to Learn How to Participate

  • CLEARWATER ANALYTICS HOLDINGS, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Clearwater Analytics Holdings, Inc.'s Directors for Breach of Fiduciary Duties – CWAN

  • BUYOUT VOTE DATE ESTABLISHED: Kaskela Law Seeks Additional Compensation for Clearwater Analytics Shareholders and Encourages Investors to Contact the Firm to Learn How to Participate

  • Souvik Das Sells 10,000 Shares of Clearwater Analytics (NYSE:CWAN) Stock

  • Clearwater Analytics Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Clearwater Analytics Holdings, Inc. - CWAN

  • Are OMEX, PEN, SNCY, CWAN Obtaining Fair Deals for their Shareholders?

  • CRITICAL CWAN BUYOUT UPDATE: Kaskela Law Reminds Investors That They Have a Limited Time to Preserve Their Legal Rights and Options with Respect to the Looming $24.55 Per Share Stockholder Buyout

  • Capricorn Fund Managers Ltd Buys New Position in Clearwater Analytics Holdings, Inc. $CWAN