Clearwater Analytics Holdings, Inc. (CWAN) Financial Statements (2026 and earlier)

Company Profile

Business Address 777 W. MAIN STREET, SUITE 900
BOISE, ID 83702
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments91,245255,489296,222255,614254,597
Cash and cash equivalent91,245177,350221,765250,724254,597
Short-term investments  78,13974,4574,890 
Receivables169,845108,33198,16576,71750,190
Prepaid expense22,32212,83411,22514,94711,722
Contract with customer, asset, after allowance for credit loss4,5935,0474,6444,2153,573
Other current assets5,4761,1049592,3351,256
Other undisclosed current assets2,0891,8414,7812,518 
Total current assets:295,570384,646415,996356,346321,338
Noncurrent Assets
Operating lease, right-of-use asset34,30024,79722,55424,114 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization26,60714,79715,34915,06410,738
Long-term investments and receivables  30,30121,495  
Long-term investments  30,30121,495  
Intangible asset, including goodwill, after accumulated amortization1,957,634101,83971,47073,247 
Goodwill1,270,05670,97145,33843,791 
Intangible asset, excluding goodwill, after accumulated amortization687,57830,86826,13229,456 
Contract with customer, asset, after allowance for credit loss13,0177,0136,4396,5635,687
Deferred income tax assets695,998602,500   
Other noncurrent assets5,3363,3404,9075,8805,670
Other undisclosed noncurrent assets3,467339533728922
Total noncurrent assets:2,736,359784,926142,747125,59623,017
TOTAL ASSETS:3,031,9291,169,572558,743481,942344,355
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities73,76123,12519,70217,68214,285
Interest and dividends payable✕✕✕✕✕9
Taxes payable✕✕✕✕✕2,215
Employee-related liabilities✕✕✕✕✕8,295
Accounts payable4,0962,9343,0623,0921,416
Accrued liabilities69,66520,19116,64014,5902,350
Deferred revenue21,8607,3292,7661,185795
Debt8,0002,7502,7502,7502,750
Deferred rent credit     1,514
Other liabilities13,10510,2375,2934,0012,561
Other undisclosed current liabilities44,61733,61150,28140,3949,293
Total current liabilities:161,34377,05280,79266,01231,198
Noncurrent Liabilities
Long-term debt and lease obligation814,64343,16445,82848,49251,157
Long-term debt, excluding current maturities814,64343,16445,82848,49251,157
Liabilities, other than long-term debt24,85119,12522,46629,052132
Other liabilities2,2961,4705,5189,547132
Operating lease, liability22,55517,65516,94819,505 
Total noncurrent liabilities:839,49462,28968,29477,54451,289
Total liabilities:1,000,837139,341149,086143,55682,487
Equity
Equity, attributable to parent, including:2,021,7321,008,255354,085269,282196,631
Additional paid in capital1,754,387725,174532,507455,320388,591
Accumulated other comprehensive income (loss)7,089(1,113)2,909609(34)
Retained earnings (accumulated deficit)259,963283,946(181,331)(186,647)(191,926)
Other undisclosed equity, attributable to parent293248   
Equity, attributable to noncontrolling interest9,36021,97655,32868,86565,001
Other undisclosed equity   244239236
Total equity:2,031,0921,030,231409,657338,386261,868
TOTAL LIABILITIES AND EQUITY:3,031,9291,169,572558,743481,942344,355

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues731,368451,803368,168303,426252,022
Cost of revenue(239,220)(122,987)(107,127)(87,784)(67,864)
Gross profit:492,148328,816261,041215,642184,158
Operating expenses(499,834)(316,582)(277,786)(210,525)(155,697)
Operating income (loss):(7,686)12,234(16,745)5,11728,461
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		3,6782,2631,87450(83)
Interest and debt expense (419)   (35,985)
Income (loss) from continuing operations before equity method investments, income taxes:(4,427)14,497(14,871)5,167(7,607)
Other undisclosed loss from continuing operations before income taxes(45,245)(44,560)(7,995)(10,502) 
Loss from continuing operations before income taxes:(49,672)(30,063)(22,866)(5,335)(7,607)
Income tax expense (benefit)9,418457,648(217)(1,360)(487)
Income (loss) from continuing operations:(40,254)427,585(23,083)(6,695)(8,094)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(8,094)
Net income (loss):(40,254)427,585(23,083)(6,695)(8,094)
Net income (loss) attributable to noncontrolling interest1,447(3,207)1,456(1,272)(119)
Net income (loss) available to common stockholders, basic:(38,807)424,378(21,627)(7,967)(8,213)
Dilutive securities, effect on basic earnings per share     (2,710)
Net income (loss) available to common stockholders, diluted:(38,807)424,378(21,627)(7,967)(10,923)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net income (loss):(40,254)427,585(23,083)(6,695)(8,094)
Other undisclosed comprehensive income (loss)8,450(4,514)2,786824(102)
Comprehensive income (loss):(31,804)423,071(20,297)(5,871)(8,196)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest1,199(2,715)970(1,453)(17)
Comprehensive income (loss), net of tax, attributable to parent:(30,605)420,356(19,327)(7,324)(8,213)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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