For the year ending 2025-12-31, CWAN made $731,368K in revenue. -$38,807K in net income. Net profit margin of -5.31%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | 731,368 | 451,803 | 368,168 | 303,426 |
| Cost of revenue | 239,220 | 122,987 | 107,127 | 87,784 |
| Gross profit | 492,148 | 328,816 | 261,041 | 215,642 |
| Research and development | 196,228 | 150,558 | 123,925 | 94,120 |
| Sales and marketing | 149,180 | 67,254 | 60,365 | 52,638 |
| General and administrative | 154,426 | 98,770 | 93,496 | 63,767 |
| Total operating expenses | 499,834 | 316,582 | 277,786 | 210,525 |
| Income (loss) from operations | -7,686 | 12,234 | -16,745 | 5,117 |
| Interest expense | -45,664 | 8,621 | - | - |
| Interest (income) expense, net | - | - | 6,401 | 1,137 |
| Tax receivable agreement expense | - | - | 14,396 | 11,639 |
| Loss on debt extinguishment | - | - | 0 | - |
| Tax receivable agreement expense | 0 | 53,181 | - | - |
| Other income, net | 3,678 | 2,263 | 1,874 | 50 |
| Loss before income taxes | -49,672 | -30,063 | -22,866 | -5,335 |
| Provision for (benefit from) income taxes | -9,418 | -457,648 | 217 | 1,360 |
| Net income (loss) | -40,254 | 427,585 | -23,083 | -6,695 |
| Less net income (loss) attributable to non-controlling interests | -1,447 | 3,207 | -1,456 | 1,272 |
| Net income (loss) attributable to clearwater analytics holdings, inc | -38,807 | 424,378 | -21,627 | -7,967 |
| Basic (in shares) | 271,323,558 | 219,316,625 | 199,691,873 | 185,560,683 |
| Basic (in usd per share) | -0.14 | 1.93 | -0.11 | -0.04 |
| Diluted (in shares) | 271,323,558 | 254,362,539 | 199,691,873 | 185,560,683 |
| Diluted (in usd per share) | -0.14 | 1.68 | -0.11 | -0.04 |
Clearwater Analytics Holdings, Inc. (CWAN)
Clearwater Analytics Holdings, Inc. (CWAN)