Clearwater Analytics is currently prioritizing rapid top-line expansion, evidenced by a 74.4% year-over-year revenue growth rate in 2026Q1, though this strategy has resulted in significant margin pressure and a reliance on debt-financed acquisitions.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has accelerated to 74.4% as of 2026Q1, yet gross margins have contracted from 73.5% in 2024Q4 to 65.8% in 2026Q1, suggesting rising costs associated with scaling complex service offerings.
Clearwater Analytics' revenue growth is emphasized, supported by its front-to-back-office platform and cross-selling opportunities.
The company operates in a high-growth market with a low-penetration total addressable market (TAM), driving expansion opportunities.
Clearwater Analytics is highlighted as one of the best FinTech stocks to buy in 2026, with a Buy rating reiterated by DA Davidson.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q2 2026Latest May 7, 2026 | $0.16+0.0% vs $0.16 | $221M+3.3% vs $214M |
Q1 2026 Feb 18, 2026 | $0.15+0.0% vs $0.15 | $217M+0.3% vs $217M |
Q4 2025 Nov 5, 2025 | $0.14-6.7% vs $0.15 | $205M-5.4% vs $217M |
Q3 2025 Aug 6, 2025 | $0.12-7.7% vs $0.13 | $182M-11.7% vs $206M |
Benchmark CWAN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Clearwater Analytics Holdings, Inc. (CWAN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $24.56 | $7.3B | -175.43 | 61.88% | -5.31% | -2.54% | — | |
| $20.51 | $1.24B | 19.72 | -0.13% | 6.87% | 4.6% | 1.56% | |
| $165.59 | $5.83B | 24.86 | 3.85% | 35.23% | 24.48% | 1.89% | |
| $172.27 | $97.15B | 29.86 | 9.27% | 31.36% | 14.05% | 1.12% | |
| $641.01 | $46.6B | 41.20 | 9.51% | 43.87% | — | 1.12% | |
| $204.59 | $26.63B | 31.52 | 6.63% | 28.24% | — | 0.88% |
Clearwater Analytics Holdings, Inc. (CWAN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Clearwater Analytics Holdings, Inc. (CWAN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jun 25, 2026·SEC
Jun 22, 2026·SEC
May 7, 2026·SEC
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Clearwater Analytics Holdings, Inc. (CWAN) stock FAQ — growth, dividends, profitability & financials explained
Clearwater Analytics Holdings, Inc. (CWAN) reported $825.7M in revenue over the trailing twelve months. Revenue was $731.4M in fiscal year 2025. That is 335% more than the $168.0M of fiscal year 2019.
Clearwater Analytics Holdings, Inc. (CWAN) grew revenue by 61.9% in fiscal year 2025, compared with the prior fiscal year.
No. Clearwater Analytics Holdings, Inc. (CWAN) reported a net loss of $48.1M over the trailing twelve months.
Clearwater Analytics Holdings, Inc. (CWAN) had a return on equity (ROE) of -2.5% in fiscal year 2025. A negative ROE means the company lost money over the period.
Clearwater Analytics Holdings, Inc. (CWAN) generated $152.5M in free cash flow over the trailing twelve months.
