CWAN logo
CWAN NYSE US

Clearwater Analytics Holdings, Inc. Class A Common Stock

Technology · Technology Website · IPO Sep 2021
$24.00
▲ +$0.05 (+0.21%)
Vol 4.4M
Mkt Cap
$7.1B
ROE
-2.2%
Margin
-5.4%
Beta
0.66
52W
$16–$25

Wall Street Consensus

15 analysts · Apr 2026
3
Strong Buy
4
Buy
8
Hold
0
Sell
0
Strong Sell
46.7%
Buy Rating

Price Chart

Earnings

Beat rate: 25.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $0.15 $0.15 $0.00
Sep 2025 $0.15 $0.14 $-0.01
Jun 2025 $0.12 $0.12 $0.00
Mar 2025 $0.13 $0.13 +$0.00

Quarterly Revenue & Earnings

Quarter 2024-0… 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue $126.5M $126.9M $181.9M $205.1M $217.5M
Net Income $419.3M $6.5M -$23.2M -$10.3M -$12.1M

Key Ratios

ROA (TTM)
-1.5%
P/S (TTM)
9.77
P/B
3.5
EPS (TTM)
$-0.14
CF/Share
$-0.06
Rev Growth 3Y
+34.1%
52W High
$25.07
52W Low
$15.74
$15.74 52-Week Range $25.07

Financial Health

Free Cash Flow
$42.3M
Net Debt
$769.1M
Cash
$91.2M
Total Debt
$860.3M
As of Dec 31, 2025

How does CWAN compare to Technology peers?

Peer group: Peers · Technology (Peers) · 10 companies

CWAN valuation vs Technology peers

P/E ratio
0% below peers (53.6)
vs Peers
vs Industry
Fair value
P/S ratio
9.8
7% below peers (10.5)
vs Peers
vs Industry
Fair value
P/B ratio
3.5
69% below peers (11.3)
vs Peers
vs Industry
Pricier
Div yield
0% below peers (0.8%)
vs Peers
vs Industry
Low yield

CWAN profitability vs Technology peers

ROE
-2.2%
37% above peers (-3.5%)
vs Peers
vs Industry
Below avg
Net margin
-5.4%
258% below peers (3.4%)
vs Peers
vs Industry
Below avg
Gross margin
67.3%
6% below peers (71.5%)
vs Peers
vs Industry
In line
ROA
-1.5%
45% above peers (-2.8%)
vs Peers
vs Industry
Below avg

CWAN financial health vs Technology peers

D/E ratio
0% below peers (0.0)
vs Peers
vs Industry
High debt
Current ratio
1.8
37% above peers (1.3)
vs Peers
vs Industry
Below avg
Beta
0.7
48% below peers (1.3)
vs Peers
vs Industry
More volatile

CWAN fundamentals radar

CWAN Peer median Industry

CWAN profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

CWAN vs peers: key metrics