Clearwater Analytics Holdings, Inc. — Earnings
Most recent reported period: FY2025 (Q4) (filed for period ending 2025-12-31) · sourced from SEC EDGAR
Next earnings (estimated): Wed, April 1, 2026 — 28 days overdue (likely already filed but EDGAR cache cold). Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)
Recent earnings · last 8 quarters
| Quarter end | Revenue | YoY | Net Income | YoY | Op. Margin |
|---|---|---|---|---|---|
| 2025-12-31 | $217M | ↑+72.0% | — | — | — |
| 2025-09-30 | $205M | ↑+77.1% | $-10M | ↓-384.8% | 3.2% |
| 2025-06-30 | $182M | ↑+70.4% | $-24M | ↓-8850.4% | -8.0% |
| 2025-03-31 | $127M | ↑+23.5% | $7M | ↑+210.2% | 5.6% |
| 2024-12-31 | $126M | ↑+27.7% | $419M | — | 1.0% |
| 2024-09-30 | $116M | ↑+22.4% | $4M | ↑+292.1% | 6.3% |
| 2024-06-30 | $107M | ↑+18.8% | $276K | ↑+102.3% | 3.6% |
| 2024-03-31 | $103M | ↑+21.4% | $2M | ↑+141.3% | -0.2% |
Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.
Last earnings · FY2025 (Q4)
Revenue
$217M
↑+72.0% +$91M YoY
Net Income
$59M
↑+4782.9% +$58M YoY
Earnings surprise · last 8 quarters
YoY % change · proxy for analyst surprise until estimates landEPS history · last 10 fiscal years
diluted, GAAP, annualNote: EPS reflects WEIGHTED-AVERAGE diluted shares for each fiscal year. Pre-stock- split values can blow up the early bars if SEC's XBRL data isn't split-adjusted — flagged as a known limitation; cumulative split-adjustment is a follow-up.
Margin trends · 22 quarters
margin trajectory tells the operating-leverage storyGross Margin↓-6.2pts
67.2%
Operating Margin↓-3.1pts
3.2%
Net Margin↓-8.2pts
-5.0%
Go deeper
CWAN Sankey — flow of dollars
See how revenue waterfalls through every line item to net income for the latest reported quarter, with prior-period comparison.
Open SankeyCWAN Key Metrics — EPS, ROE, ROIC
10 CFA-grade fundamental ratios — EPS, BVPS, ROE, ROA, ROIC, Debt/Equity, Current Ratio. Compare across years.
Open Key Metrics