The table below shows Clearwater Analytics Holdings, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$221.23M
$205.11M
$181.94M
$126.86M
$115.83M
$106.79M
Cost of revenue
$75.68M
$70.64M
$63.42M
$33.92M
$31.36M
$29.89M
Gross profit
$145.55M
$134.47M
$118.51M
$92.94M
$84.47M
$76.90M
R&D
$57.05M
$52.06M
$49.76M
$37.40M
$36.62M
$35.36M
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.
