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CW

Clearwater Analytics Holdings, Inc.

CWANTechnologyNASDAQ

Software - Application

PriceMA150MA200
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Financials · Annual
Revenue
$731.4M
+61.9% YoY
Net Income
-$38.8M
-109.1% YoY
EBITDA
$81.5M
+701.4% YoY
Free Cash Flow
$160.3M

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About Clearwater Analytics Holdings, Inc.

Headquartered within the technology sector, Clearwater Analytics Holdings, Inc. focuses on Software - Application services and products. Clearwater Analytics Holdings, Inc. Valued at $7.28B, CWAN is a mid-cap name in its sector. develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services in the United States and internationally.

Key stats
Market Cap$7.28B
Fwd P/E28.26
EPS$-0.18
Beta0.60
52W Change+5.5%
ROE-3.1%
Analysis

Clearwater Analytics Holdings, Inc. carries $860.8M in total debt against $81.5M in cash reserves — debt is roughly 10.6x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $160.3M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of -3.1% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $303.4M (2022) to $731.4M (2025), reflecting a 141% increase over the period.

With a beta below 0.7, Clearwater Analytics Holdings, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Clearwater Analytics Holdings, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Clearwater Analytics Holdings, Inc. and its sector.

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