Companies: 10,795·Total market cap: $144.5T
Clearwater Analytics Holdings, Inc.

Clearwater Analytics Holdings, Inc.

CWANNYSETechnology● Active
$24.38
+$0.01(+0.02%)
Market Cap$7.2B
P/E Ratio—
52W High$25.069
52W Low$15.735
Net IncomeFinancialsRevenue

Clearwater Analytics Holdings, Inc. (CWAN) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

CWAN · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$38.8M for FY2025 (fiscal year ending 2025-12-31), down 109.1% year-over-year. Net profit margin was -5.3%. Based on available data, Clearwater Analytics Holdings, Inc. has been profitable since at least 2019.

FY2025 Net Income−$38.8M▼ -109.1% YoY
Trailing 12M (TTM)−$48.1Mtrailing 4 quarters sum
Net Profit Margin-5.3%−$38.8M ÷ $731.4M
YoY Change-109.1%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2019

▸ FMP /income-statement · Annual · CWAN net income history · CWAN profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025Loss−$38.8M▼ 109.1%-5.3%
FY2024$424.4M▲ +2062.3%93.9%
FY2023Loss−$21.6M▼ 171.5%-5.9%
FY2022Loss−$8.0M▲ +3.0%-2.6%
FY2021Loss−$8.2M▲ +81.4%-3.3%

Net income vs peers (Technology)

#CompanyNet IncomeYoY
#1
Clearwater Analytics Holdings, Inc.
Clearwater Analytics Holdings, Inc.YOU
CWAN
−$38.8M-109.1%
#2
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$1.74T+49.8%#3
NVIDIA Corporation
NVIDIA Corporation
NVDA
$120.07B+64.7%#4
Apple Inc.
Apple Inc.
AAPL
$112.01B+19.5%#5
Microsoft Corporation
Microsoft Corporation
MSFT
$101.83B+15.5%#6
Broadcom Inc.
Broadcom Inc.
AVGO
$23.13B+292.3%
Technology · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Clearwater Analytics Holdings, Inc. (CWAN) reported net income of −$38.8M for FY2025 (fiscal year ending 2025-12-31), down 109.1% year-over-year. The net profit margin was -5.3% — meaning the company kept $-0.05 of every dollar of revenue as profit.

Based on available data, Clearwater Analytics Holdings, Inc. has been profitable since at least 2019. Net income reached a peak of $424.4M in FY2024. Data available for 7 fiscal years.

Clearwater Analytics Holdings, Inc.'s net profit margin was -5.3% for FY2025, based on the latest annual results.

Investors sometimes search for "Clearwater Analytics Holdings, Inc. net worth" — the company's market capitalization is a separate figure from CWAN net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

CWAN net income · 4 questions

Clearwater Analytics Holdings, Inc. is not currently profitable on an annual basis. The company reported a net loss of $38.8M for FY2025.

is CWAN profitabledoes CWAN make a profitCWAN profitabilityCWAN profitable company

▸ Source: FMP /income-statement · GAAP · Clearwater Analytics Holdings, Inc. · Clearwater Analytics Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026