Clearwater Analytics Holdings, Inc. (CWAN) Earnings History
Net Loss7 years of earnings data (2019–2025) · Currently unprofitable on a TTM basis
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Clearwater Analytics Holdings, Inc. (CWAN) Earnings Overview
As of June 22, 2026, Clearwater Analytics Holdings, Inc. (CWAN) reported trailing twelve-month net income of -$48M, reflecting -108.3% year-over-year growth. The company earned $-0.16 per diluted share over the past four quarters, with a net profit margin of -5.3%.
Looking at the long-term picture, CWAN's historical earnings data spans multiple years. The company achieved its highest annual net income of $424M in fiscal 2024.
Clearwater Analytics Holdings, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including VRNT ($61M net income, 9.0% margin), MKTX ($309M net income, 29.0% margin), ICE ($3.30B net income, 26.1% margin), CWAN has room to improve margins relative to the peer group. Compare CWAN vs VRNT →
CWAN Earnings vs Peers
Earnings metrics vs comparable public companies
CWAN Historical Earnings Data (2019–2025)
7 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$39M | -109.1% | $28M | $-0.14 | -5.3% | 3.8% |
| 2024 | $424M | +2062.3% | $12M | $1.68 | 93.9% | 2.7% |
| 2023 | -$22M | -171.5% | -$17M | $-0.11 | -5.9% | -4.5% |
| 2022 | -$8M | +3.0% | $5M | $-0.04 | -2.6% | 1.7% |
| 2021 | -$8M | +81.4% | $28M | $-0.05 | -3.3% | 11.3% |
| 2020 | -$44M | -672.0% | -$20M | $-0.19 | -21.8% | -10.0% |
| 2019 | $8M | - | $26M | $0.03 | 4.6% | 15.3% |
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CWAN — Frequently Asked Questions
Quick answers to the most common questions about buying CWAN stock.
What is CWAN earnings per share (EPS)?
CWAN trailing twelve-month (TTM) diluted EPS is $-0.16, reflecting -108.3% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2019 to 2025 is available in the table on this page.
What is Clearwater Analytics Holdings, Inc.'s net income?
Clearwater Analytics Holdings, Inc. (CWAN) trailing twelve-month net income is $-48M as of 2025. Earnings declined -108.3% year-over-year.
Is CWAN profitable?
CWAN is not currently profitable on a TTM basis, reporting a net loss of $-48M. Net margin is -5.3%. Investors should monitor for a return to profitability.
What is CWAN's earnings growth rate?
CWAN compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2019 to 2025.
What are CWAN's profit margins?
Clearwater Analytics Holdings, Inc. net profit margin is -5.3%, operating margin is +3.8%, and gross margin is +67.3%. Below-average margins reflect competitive or cost pressures. Return on Equity is -2.5%.
Is CWAN growing earnings?
CWAN earnings are declining — EPS fell -108.3% year-over-year. TTM net income dropped to $-48M. This contrasts with the 5-year CAGR of N/A.
What was CWAN's best earnings year?
Clearwater Analytics Holdings, Inc.'s highest annual net income on record is $424M, achieved in fiscal year 2024. Earnings history on this page spans 2019 to 2025 and includes all annual and quarterly figures.
What were CWAN's earnings last quarter?
CWAN's most recent reported quarter was Q1 2026. Net income was $-3M with diluted EPS of $-0.01. For a full breakdown of all quarters, see the quarterly earnings table on this page.