Name: CWAN Income Statement - Clearwater Analytics Holdings. Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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CWAN - Clearwater Analytics Holdings. Inc.

USD | NYSE | Technology

CWAN Income Statement - Clearwater Analytics Holdings. Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q3 FY 20
Revenues
Revenues	221.2	217.5	205.1	181.9	126.9	126.5	115.8	106.8	102.7	99.0	94.7	89.9	84.6	82.7	76.6	73.4

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenues
Revenues	825.7	731.4	451.8	368.2	303.4	252.0	203.2	168.0
Cost of Revenue	281.0	239.2	123.0	107.1	87.8	67.9	53.3	47.1
Gross Profit	544.8	492.1	328.8	261.0	215.6	184.2	150.0	120.9
Operating Expenses
Research & Development	215.9	196.2	150.6	123.9	94.1	72.7	55.3	39.3
Selling General & Administrative	-	-	-	-	-
Operating Income
Operating Income	(5.8)	(7.7)	12.2	(16.7)	5.1	28.5	(20.4)	25.7
Non-Operating
Interest Income	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	25.7
Tax & Net
Income Tax Expense	(11.8)	(9.4)	(457.6)	0.2	1.4	0.5	0.9	0.1
Net Income From Continuing Ops	(50.0)	(40.3)	427.6	(23.1)	(6.7)
Per Share
EPS Basic	(0.16)	(0.14)	1.93	(0.11)	(0.04)	(0.05)	-	-
EPS Diluted	(0.16)	(0.14)	1.68	(0.11)	(0.04)	(0.05)
Supplementary Data
EBITDA	-	77.9	24.4	(6.8)	10.3	32.0	(18.1)	27.7
EBIT	(5.8)	(7.7)	12.2	(16.7)	5.1	28.5

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	57.1	57.0	52.1	49.8	37.4	40.9	36.6	35.4	37.7	33.7	32.3	29.8	28.1	24.6	25.4	22.8	21.3	21.7	18.4	16.7	15.8	14.8
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	46.2	45.9	44.5	39.2	19.6	17.9	17.9	15.2	16.3	16.3	15.0	14.3	14.7	14.4	13.2	13.1	12.0
General & Administrative	33.3	50.1	31.4	44.1	28.8	32.9	22.6	22.5	20.7	18.1	26.3	25.9	23.3	16.9	16.4	15.5	15.0
Depreciation & Amortization	29.6	-	-	-	3.1	-	-	-	2.6	-	-	-	2.4	1.6	1.4	1.2
Amortization of Intangibles	26.5	26.6	26.5	21.1	1.5	1.6	1.6	1.4	1.0	1.0	1.1	1.1	1.1	0.4	0.0	0.0	0.0
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	136.6	153.0	127.9	133.1	85.9	91.7	77.1	73.1	74.7	68.1	73.5	70.1	66.1	55.8	55.0	51.4

Operating Income
Operating Income	9.0	(6.7)	6.6	(14.6)	7.1	1.2	7.3	3.8	(0.2)	2.6	(5.9)	(7.1)	(6.3)	3.9	(1.2)	1.1	1.3	0.7	7.3	8.6	12.0	16.5

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.4	0.4	0.4
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	0.1	0.2	(0.4)	1.5	2.3	7.8	3.4	3.5	0.5	11.8	1.0	0.3	(0.1)	(0.8)	0.5	0.4	(0.1)
Pre-Tax Income	(3.6)	(21.7)	(10.0)	(26.5)	8.5	(36.8)	4.3	0.4	2.1	(3.0)	(2.6)	(12.1)	(5.2)	(1.6)	(2.6)	(1.9)

Tax & Net
Income Tax Expense	(0.8)	(9.1)	0.5	(2.3)	1.6	(457.1)	(0.5)	0.1	(0.1)	0.4	(0.3)	(0.2)	0.3	0.4	0.4	0.3	0.2	(0.0)	0.2	0.3	0.0	0.1
Net Income From Continuing Ops	(2.8)	(12.5)	(10.5)	(24.2)	6.9	420.3	4.8	0.3	2.2	(3.4)	(2.3)	(11.9)	(5.4)	(2.0)	(3.0)	(2.2)	0.5
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	(2.8)	(12.5)	(10.5)	(24.2)	6.9	420.3	4.8	0.3	2.2	(3.4)	(2.3)	(11.9)	(5.4)	(2.0)	(3.0)	(2.2)	0.5
Net Income Attributable To Parent	(2.8)	(11.8)	(10.3)	(23.2)	6.5	419.3	3.6	(0.4)	1.9	(4.4)	(1.9)	(10.9)	(4.4)	(3.0)	(3.0)	(2.4)
Less: Minority Interest	(0.0)	(0.8)	(0.2)	(0.9)	0.4	1.0	1.1	0.7	0.3	1.0	(0.5)	(1.0)	(1.0)	1.0	(0.1)	0.2	0.1
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	(2.8)	(11.8)	(10.3)	(23.2)	6.5	419.3	3.6	(0.4)	1.9	(4.4)	(1.9)	(10.9)	(4.4)	(3.0)	(3.0)

Per Share
EPS Basic	(0.01)	-	(0.04)	(0.09)	0.03	-	0.02	0.00	0.01	-	(0.01)	(0.06)	(0.02)	-	(0.02)	(0.01)	0.00	-	(0.05)	-	-	-
EPS Diluted	(0.01)	-	(0.04)	(0.09)	0.03	-	0.02	0.00	0.01	-	(0.01)	(0.06)	(0.02)	-	(0.02)	(0.01)	0.00	-
Shares Basic	295.0	-	288.0	270.6	237.3	-	219.0	218.3	213.3	-	201.6	198.0	193.0	-	187.8	185.8	178.5	-
Shares Diluted	295.0	-	288.0	270.6	246.2	-	231.5	218.3	255.5	-	201.6	198.0	193.0	-	187.8	185.8	246.9	-

Supplementary Data
EBITDA	38.5	-	-	-	10.2	-	-	-	2.4	-	-	-	(3.9)	5.5	0.2	2.3	2.2	2.0	8.1	9.3	12.7	17.1
EBIT	9.0	(6.7)	6.6	(14.6)	7.1	1.2	7.3	3.8	(0.2)	2.6	(5.9)	(7.1)	(6.3)	3.9	(1.2)	1.1	1.3	0.7	7.3