Clearwater Analytics Holdings, Inc. (CWAN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 294.24M | 295.57M | 250.81M | 257.6M | 422.06M | 384.65M | 430.84M | 382.71M | 395.75M | 416M | 401.23M | 365.35M | 348.99M | 356.35M | 369.28M | 350.73M | 334.62M | 321.34M | 305.2M | 95.57M |
| Cash & Short-Term Investments | 81.51M | 91.25M | 64.15M | 71.92M | 282.85M | 255.49M | 305.83M | 257.91M | 267.57M | 296.22M | 285.23M | 253.53M | 240.07M | 255.61M | 291.52M | 281.65M | 263.67M | 254.6M | 245.09M | 41.03M |
| Cash Only | 81.51M | 91.25M | 60.75M | 68.4M | 275.16M | 177.35M | 228.69M | 190.09M | 189.64M | 221.76M | 205.66M | 190.22M | 220.84M | 250.72M | 288.52M | 278.65M | 263.67M | 254.6M | 245.09M | 41.03M |
| Short-Term Investments | 0 | 0 | 3.4M | 3.52M | 7.7M | 78.14M | 77.13M | 67.82M | 77.93M | 74.46M | 79.57M | 63.32M | 19.23M | 4.89M | 3M | 3M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 169.63M | 171.93M | 156.79M | 153.72M | 114.49M | 110.17M | 108.16M | 104.82M | 106.73M | 100.94M | 98.1M | 89.3M | 81.4M | 79.23M | 65.24M | 55.59M | 53.18M | 50.19M | 49M | 45.08M |
| Days Sales Outstanding | 69.48 | 69.54 | 69.64 | 67.08 | 79.69 | 79.42 | 84.59 | 90.13 | 91.99 | 92.46 | 91.06 | 86.41 | 85.44 | 80.37 | 72.61 | 67.42 | 65.72 | 65.4 | 67.1 | 67.38 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 43.11M | 32.39M | 8.79M | 8.7M | 6.35M | 6.15M | 6.01M | 5.43M | 5.43M | 5.6M | 7.33M | 8.19M | 10.7M | 6.55M | 2.28M | 1.96M | 4.92M | 4.83M | 3.92M | 1M |
| Total Non-Current Assets | 2.73B | 2.74B | 2.74B | 2.76B | 863.26M | 784.93M | 192.61M | 202.44M | 152.05M | 142.75M | 134.28M | 146.31M | 142.4M | 125.6M | 50.45M | 49.92M | 46.99M | 23.02M | 21.41M | 24.93M |
| Property, Plant & Equipment | 82.09M | 60.91M | 66.58M | 68.21M | 37.87M | 39.59M | 41.03M | 43.24M | 42.78M | 37.9M | 37.74M | 40.27M | 41.66M | 39.18M | 34.94M | 34.2M | 35.04M | 10.74M | 9.99M | 9.33M |
| Fixed Asset Turnover | 3.09x | 3.41x | 3.04x | 3.43x | 3.28x | 3.14x | 2.75x | 2.48x | 2.55x | 2.62x | 2.43x | 2.19x | 2.09x | 2.23x | 2.21x | 2.12x | 3.09x | 6.73x | 6.68x | 6.52x |
| Goodwill | 1.27B | 1.27B | 1.27B | 1.27B | 72.63M | 70.97M | 74.16M | 72.25M | 44.33M | 45.34M | 42.59M | 43.62M | 43.84M | 43.79M | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 660.65M | 687.58M | 714.12M | 740.53M | 142.87M | 30.87M | 34.01M | 34.61M | 24.53M | 26.13M | 26.04M | 27.74M | 28.87M | 29.46M | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 167K | 0 | 0 | 0 | 30.3M | 30.89M | 39.72M | 28.89M | 21.5M | 17.6M | 24.3M | 16.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 19.13M | 21.65M | 20.1M | 17.96M | 9.27M | 10.69M | 12.52M | 12.62M | 11.52M | 10.54M | 10.31M | 10.38M | 11.29M | 11.61M | 15.51M | 15.72M | 11.95M | 11.6M | 11.42M | 15.6M |
| Total Assets | 3.03B | 3.03B | 2.99B | 3.02B | 1.29B | 1.17B | 623.45M | 585.15M | 547.8M | 558.74M | 535.51M | 511.67M | 491.39M | 481.94M | 419.73M | 400.64M | 381.61M | 344.36M | 326.61M | 120.5M |
| Asset Turnover | 0.07x | 0.07x | 0.07x | 0.08x | 0.10x | 0.14x | 0.19x | 0.19x | 0.19x | 0.18x | 0.18x | 0.18x | 0.17x | 0.18x | 0.19x | 0.19x | 0.19x | 0.21x | 0.29x | 0.51x |
| Asset Growth % | 135.49% | 159.23% | 379.67% | 416.32% | 134.63% | 109.32% | 16.42% | 14.36% | 11.48% | 15.94% | 27.58% | 27.71% | 28.77% | 39.95% | 28.51% | 232.49% | - | 197.99% | - | - |
| Total Current Liabilities | 130.47M | 161.34M | 127.61M | 127.65M | 82.95M | 77.05M | 92.4M | 80M | 70.82M | 80.79M | 63.14M | 58.11M | 59.41M | 66.01M | 35.55M | 29.74M | 27.82M | 31.2M | 32.27M | 28.36M |
| Accounts Payable | 1.63M | 4.1M | 3.32M | 6.14M | 2.04M | 2.93M | 4.24M | 2.96M | 2.72M | 3.06M | 2.85M | 2.84M | 2.66M | 3.09M | 1.71M | 891K | 967K | 1.42M | 1.47M | 5.85M |
| Days Payables Outstanding | 3.4 | 4.79 | 6.16 | 5.87 | 6.6 | 9.83 | 10.56 | 8.65 | 9.33 | 9.44 | 9.7 | 9.28 | 10.42 | 9.62 | 5.27 | 4.04 | 5.06 | 6.58 | 18.93 | 34.17 |
| Short-Term Debt | 22.21M | 23.14M | 8M | 6M | 2.75M | 2.75M | 2.75M | 2.75M | 2.75M | 2.75M | 2.75M | 2.75M | 2.75M | 2.75M | 8.09M | 7.93M | 2.75M | 2.75M | 2.75M | 3.08M |
| Deferred Revenue (Current) | 28.03M | 21.86M | 17.15M | 20.81M | 9.06M | 7.33M | 12.02M | 10.79M | 5.94M | 2.77M | 3.47M | 2.81M | 0 | 1.19M | 1.29M | 1.09M | 0 | 795K | 0 | 2.2M |
| Other Current Liabilities | 78.61M | 110.69M | 30.94M | 38.2M | 37.77M | 25.71M | 21.46M | 18.88M | 20.95M | 20.64M | 16.91M | 13.7M | 27.98M | 18.34M | 9.6M | 8.92M | 4.09M | 8.44M | 10.06M | 11.38M |
| Current Ratio | 2.26x | 1.83x | 1.97x | 2.02x | 5.09x | 4.99x | 4.66x | 4.78x | 5.59x | 5.15x | 6.35x | 6.29x | 5.87x | 5.40x | 10.39x | 11.79x | 12.03x | 10.30x | 9.46x | 3.37x |
| Quick Ratio | 2.26x | 1.83x | 1.97x | 2.02x | 5.09x | 4.99x | 4.66x | 4.78x | 5.59x | 5.15x | 6.35x | 6.29x | 5.87x | 5.40x | 10.39x | 11.79x | 12.03x | 10.30x | 9.46x | 3.37x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 841.82M | 839.49M | 861.35M | 905.6M | 59.76M | 62.29M | 77.43M | 76.47M | 70.77M | 68.29M | 80.93M | 82.83M | 78.52M | 77.54M | 73.91M | 71.68M | 70.02M | 51.29M | 51.95M | 421.38M |
| Long-Term Debt | 838.63M | 837.2M | 830.87M | 872.1M | 42.5M | 43.16M | 43.83M | 45.18M | 45.16M | 45.83M | 46.49M | 47.16M | 47.83M | 48.49M | 49.16M | 49.82M | 50.49M | 51.16M | 51.82M | 421.25M |
| Capital Lease Obligations | 0 | 22.55M | 28.45M | 31.31M | 15.72M | 17.66M | 19.12M | 21.31M | 21.13M | 16.95M | 17.68M | 19.54M | 21.11M | 19.5M | 17.41M | 17.79M | 19.4M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 756K | 1.09M | 1.18M | 687K | 1.31M | 2.41M | 3.33M | 4.02M | 5.36M | 4.76M | 5.3M | 0 | 5.93M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.19M | -21.02M | 938K | 1.01M | 861K | 160K | 12.07M | 6.66M | 460K | 162K | 12.01M | 10.84M | 9.58M | 3.62M | 7.34M | 4.07M | 129K | 132K | 132K | 136K |
| Total Liabilities | 972.29M | 1B | 988.96M | 1.03B | 142.72M | 139.34M | 169.83M | 156.48M | 141.59M | 149.09M | 144.07M | 140.94M | 137.93M | 143.56M | 109.47M | 101.42M | 97.84M | 82.49M | 84.22M | 449.74M |
| Total Debt | 860.84M | 882.89M | 882.85M | 924.87M | 69.55M | 71.92M | 73.51M | 76.94M | 76.69M | 72.08M | 73.32M | 75.89M | 78.13M | 76.6M | 74.66M | 75.55M | 77.93M | 53.91M | 54.57M | 424.32M |
| Net Debt | 779.33M | 791.65M | 822.1M | 856.47M | -205.61M | -105.43M | -155.19M | -113.16M | -112.95M | -149.69M | -132.34M | -114.32M | -142.71M | -174.13M | -213.86M | -203.1M | -185.75M | -200.69M | -190.52M | 383.29M |
| Debt / Equity | 0.42x | 0.43x | 0.44x | 0.47x | 0.06x | 0.07x | 0.16x | 0.18x | 0.19x | 0.18x | 0.19x | 0.20x | 0.22x | 0.23x | 0.24x | 0.25x | 0.27x | 0.21x | 0.23x | - |
| Debt / EBITDA | 19.30x | 21.93x | 24.62x | 102.47x | 6.80x | 15.40x | 6.95x | 11.34x | 32.17x | 13.91x | - | - | - | 14.15x | 344.06x | 33.05x | 34.82x | 27.74x | 6.78x | 45.64x |
| Net Debt / EBITDA | 17.47x | 19.67x | 22.93x | 94.89x | -20.10x | -22.58x | -14.67x | -16.68x | -47.38x | -28.88x | - | - | - | -32.16x | -985.53x | -88.84x | -83.00x | -103.29x | -23.65x | 41.23x |
| Interest Coverage | 1.19x | 0.71x | 0.38x | -0.97x | - | - | - | - | - | - | - | - | - | - | - | 2.80x | 2.98x | -23.12x | 0.87x | 1.01x |
| Total Equity | 2.05B | 2.03B | 2B | 1.99B | 1.14B | 1.03B | 453.62M | 428.67M | 406.21M | 409.66M | 391.44M | 370.73M | 353.46M | 338.39M | 310.26M | 299.23M | 283.76M | 261.87M | 242.39M | -329.24M |
| Equity Growth % | 79.81% | 97.15% | 341.24% | 363.75% | 181.28% | 151.49% | 15.89% | 15.63% | 14.92% | 21.06% | 26.16% | 23.9% | 24.56% | 29.22% | 28% | 190.88% | - | 175.99% | - | - |
| Book Value per Share | 6.96 | 7.04 | 6.95 | 7.35 | 4.64 | 3.99 | 1.96 | 1.96 | 1.59 | 1.99 | 1.94 | 2.34 | 1.83 | 1.78 | 1.30 | 1.26 | 1.15 | 1.04 | 1.03 | -1.90 |
| Total Shareholders' Equity | 2.05B | 2.02B | 1.98B | 1.97B | 1.12B | 1.01B | 403.25M | 380.61M | 360.67M | 354.33M | 325.63M | 308.03M | 289.02M | 269.52M | 246.35M | 236.15M | 221.68M | 196.87M | 182.28M | -329.24M |
| Common Stock | 298K | 293K | 293K | 293K | 255K | 248K | 247K | 245K | 245K | 244K | 242K | 241K | 241K | 239K | 238K | 238K | 237K | 236K | 235K | 0 |
| Retained Earnings | 261.56M | 259.96M | 261.01M | 270.69M | 286.21M | 283.95M | -165.96M | -170.05M | -169.6M | -181.33M | -190.6M | -189.12M | -183.29M | -186.65M | -184.65M | -183.2M | -183.18M | -191.93M | -191.23M | -242.61M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 2.78M | 7.09M | 7.45M | 8.29M | 1.98M | -1.11M | 4.63M | 832K | 1.31M | 2.91M | -500K | 1.47M | 1.74M | 609K | -1.88M | -1.01M | -260K | -34K | -40K | 74K |
| Minority Interest | 5.06M | 9.36M | 20M | 20.39M | 26.78M | 21.98M | 50.37M | 48.06M | 45.55M | 55.33M | 65.81M | 62.7M | 64.44M | 68.86M | 63.91M | 63.07M | 62.08M | 65M | 60.11M | 0 |