The table below shows Clearwater Analytics Holdings, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$731.37M
$451.80M
$368.17M
$303.43M
$252.02M
$203.22M
Cost of revenue
$239.22M
$122.99M
$107.13M
$87.78M
$67.86M
$53.26M
Gross profit
$492.15M
$328.82M
$261.04M
$215.64M
$184.16M
$149.96M
R&D
$196.23M
$150.56M
$123.92M
$94.12M
$72.69M
$55.26M
CWAN annual revenue (10-K history)
Clearwater Analytics Holdings, Inc. reported annual revenue of $731.37M for fiscal year 2025. That is up 61.9% from $451.80M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $168.00M (FY 2019) to $731.37M. Figures come from the company's audited annual reports as filed with the SEC.
