CWAN: the balance sheet

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Clearwater Analytics Holdings, Inc. (CWAN)

Balance Sheets Overview

Current Ratio
225.52%
Quick Ratio
225.52%
Cash Ratio
62.47%
Debt to Asset Ratio
32.12%
Unit: Thousand (K) dollars
Assets Breakdown
Goodwill
Deferred tax assets, net
Intangible assets, net
Others
Liabilities Breakdown
Additional paid-in-capital
Notes payable, less current matu...
Retained earnings
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	81,507	91,245	60,750	68,404
Short-term investments	NaN	0	3,398	3,518
Accounts receivable, net	169,630	167,348	152,791	148,020
Prepaid expenses and other current assets	43,107	36,977	33,871	37,656
Total current assets	294,244	295,570	250,810	257,598
Property, equipment and software, net	30,454	26,607	26,262	24,554
Operating lease right-of-use assets, net	51,639	34,300	40,315	43,657
Deferred contract costs, non-current	11,044	13,017	9,551	7,926
Debt issuance costs - line of credit	3,268	3,467	3,670	3,874
Deferred tax assets, net	702,300	695,998	671,801	669,660
Intangible assets, net	660,650	687,578	714,118	740,534
Goodwill	1,268,440	1,270,056	1,267,108	1,267,261
Long-term investments	NaN	0	0	0
Other non-current assets	4,816	5,336	6,877	6,159
Total assets	3,026,855	3,031,929	2,990,512	3,021,223

Accounts payable	1,630	4,096	3,316	6,141
Accrued expenses and other current liabilities	78,605	112,249	83,610	79,238
Deferred revenue	28,027	21,860	17,152	20,811
Notes payable, current portion	8,000	8,000	8,000	6,000
Operating lease liability, current portion	14,210	15,138	15,537	15,463
Tax receivable agreement liability	NaN	0	0	0
Total current liabilities	130,472	161,343	127,615	127,653
Notes payable, less current maturities and unamortized debt issuance costs	798,399	814,643	830,869	872,096
Operating lease liability, less current portion	40,228	22,555	28,448	31,311
Other long-term liabilities	3,194	2,296	2,029	2,193
Total liabilities	972,293	1,000,837	988,961	1,033,253
Common stock-Common Class A	297	291	288	288
Common stock-Common Class B	1	2	5	5
Common stock-Common Class C	0	0	0	0
Common stock-Common Class D	0	0	0	0
Additional paid-in-capital	1,784,861	1,754,387	1,712,800	1,688,311
Accumulated other comprehensive income	2,777	7,089	7,448	8,286
Retained earnings	261,564	259,963	261,009	270,689
Total stockholders' equity attributable to clearwater analytics holdings, inc	2,049,500	2,021,732	1,981,550	1,967,579
Non-controlling interests	5,062	9,360	20,001	20,391
Total stockholders' equity	2,054,562	2,031,092	2,001,551	1,987,970
Total liabilities and stockholders' equity	3,026,855	3,031,929	2,990,512	3,021,223

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

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Balance Sheets

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Balance Sheets

Balance Sheets Overview

Current Ratio225.52%Quick Ratio225.52%Cash Ratio62.47%Debt to Asset Ratio32.12%Unit: Thousand (K) dollarsAssets BreakdownGoodwillDeferred tax assets, netIntangible assets, netOthersLiabilities BreakdownAdditional paid-in-capitalNotes payable, less current matu...Retained earningsOthers

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio225.52%Quick Ratio225.52%Cash Ratio62.47%Debt to Asset Ratio32.12%Unit: Thousand (K) dollarsAssets BreakdownGoodwillDeferred tax assets, netIntangible assets, netOthersLiabilities BreakdownAdditional paid-in-capitalNotes payable, less current matu...Retained earningsOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets