Clearwater Analytics Holdings Inc. | Mid-cap | Technology
$20.85
6.38%
| Clearwater Analytics Stock Comparison:
Clearwater Analytics vs SalesforceClearwater Analytics vs IntuitClearwater Analytics vs Procore TechnologiesClearwater Analytics vs Paylocity HoldingClearwater Analytics vs AppfolioClearwater Analytics vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 126.9M
Gross Profit 92.9M 73.26%
Operating Income 7.1M 5.58%
Net Income 6.9M 5.47%
EPS (Diluted) $0.03

Balance Sheet Metrics

Total Assets 1.3B
Total Liabilities 142.7M
Shareholders Equity 1.1B
Debt to Equity 0.12

Cash Flow Metrics

Operating Cash Flow 32.6M
Free Cash Flow 23.0M

Revenue & Profitability Trend

Clearwater Analytics Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i451.8M368.2M303.4M252.0M203.2M
Cost of Goods Sold i123.0M107.1M87.8M67.9M53.3M
Gross Profit i328.8M261.0M215.6M184.2M150.0M
Gross Margin % i72.8%70.9%71.1%73.1%73.8%
Operating Expenses
Research & Development i150.6M123.9M94.1M72.7M55.3M
Selling, General & Administrative i166.0M153.9M116.4M83.0M66.1M
Other Operating Expenses i----49.0M
Total Operating Expenses i316.6M277.8M210.5M155.7M170.4M
Operating Income i12.2M-16.7M5.1M28.5M-20.4M
Operating Margin % i2.7%-4.5%1.7%11.3%-10.0%
Non-Operating Items
Interest Income i8.6M----
Interest Expense i---25.7M22.9M
Other Non-Operating Income-50.9M-12.5M-11.6M-10.4M-56.0K
Pre-tax Income i-30.1M-22.9M-5.3M-7.6M-43.3M
Income Tax i-457.6M217.0K1.4M487.0K902.0K
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i427.6M-23.1M-6.7M-8.1M-44.2M
Net Margin % i94.6%-6.3%-2.2%-3.2%-21.8%
Key Metrics
EBITDA i24.4M-6.8M10.3M42.3M-18.1M
EPS (Basic) i$1.93$-0.11$-0.04$-0.05$0.00
EPS (Diluted) i$1.68$-0.11$-0.04$-0.05$0.00
Basic Shares Outstanding i219316625199691873185560683177680507172949844
Diluted Shares Outstanding i219316625199691873185560683177680507172949844

Income Statement Trend

Clearwater Analytics Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i177.4M221.8M250.7M254.6M61.1M
Short-term Investments i78.1M74.5M4.9M0-
Accounts Receivable i60.0M45.8M41.7M23.2M9.2M
Inventory i-----
Other Current Assets1.1M959.0K2.3M1.3M506.0K
Total Current Assets i384.6M416.0M356.3M321.3M101.5M
Non-Current Assets
Property, Plant & Equipment i24.8M37.9M24.1M00
Goodwill i172.8M116.8M117.0M0-
Intangible Assets i30.9M26.1M29.5M--
Long-term Investments-----
Other Non-Current Assets610.7M10.2M10.0M7.3M5.0M
Total Non-Current Assets i784.9M142.7M125.6M23.0M14.0M
Total Assets i1.2B558.7M481.9M344.4M115.6M
Liabilities
Current Liabilities
Accounts Payable i2.9M3.1M3.1M1.4M1.3M
Short-term Debt i11.1M9.3M8.6M2.8M3.1M
Current Portion of Long-term Debt-----
Other Current Liabilities10.2M10.0M7.8M2.6M2.6M
Total Current Liabilities i77.1M80.8M66.0M31.2M38.2M
Non-Current Liabilities
Long-term Debt i60.8M62.8M68.0M51.2M421.8M
Deferred Tax Liabilities i1.3M5.4M5.9M0-
Other Non-Current Liabilities-1.0K3.5M132.0K134.0K
Total Non-Current Liabilities i62.3M68.3M77.5M51.3M422.0M
Total Liabilities i139.3M149.1M143.6M82.5M460.2M
Equity
Common Stock i248.0K244.0K239.0K236.0K0
Retained Earnings i283.9M-181.3M-186.6M-191.9M-245.8M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.0B409.7M338.4M261.9M-344.6M
Key Metrics
Total Debt i71.9M72.1M76.6M53.9M424.9M
Working Capital i307.6M335.2M290.3M290.1M63.3M

Balance Sheet Composition

Clearwater Analytics Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i427.6M-23.1M-6.7M-8.1M-44.2M
Depreciation & Amortization i12.2M9.9M5.1M3.5M2.3M
Stock-Based Compensation i103.2M104.4M65.7M36.7M24.6M
Working Capital Changes i-19.6M-24.5M-23.3M-22.1M-10.3M
Operating Cash Flow i78.1M77.8M50.6M14.2M-22.8M
Investing Activities
Capital Expenditures i-5.3M-5.6M-7.8M-5.0M-3.8M
Acquisitions i-40.1M0-65.8M00
Investment Purchases i-117.6M-127.2M-3.0M00
Investment Sales i107.4M37.8M00-
Investing Cash Flow i-55.6M-95.1M-76.6M-5.0M-3.8M
Financing Activities
Share Repurchases i-00-626.0K-567.0K
Dividends Paid i--00-173.2M
Debt Issuance i-0055.0M202.7M
Debt Repayment i-2.8M-2.7M-2.8M-434.9M-21.6M
Financing Cash Flow i-66.6M-28.6M-6.3M190.9M50.6M
Free Cash Flow i69.1M79.0M50.2M-1.7M-10.3M
Net Change in Cash i-44.2M-45.9M-32.3M200.1M24.0M

Cash Flow Trend

Clearwater Analytics Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 12.25
Forward P/E 36.98
Price to Book 2.87
Price to Sales 11.58
PEG Ratio 0.00

Profitability Ratios

Profit Margin 73.74%
Operating Margin -2.28%
Return on Equity 33.75%
Return on Assets 0.88%

Financial Health

Current Ratio 2.02
Debt to Equity 46.52
Beta 0.72

Per Share Data

EPS (TTM) $1.60
Book Value per Share $6.84
Revenue per Share $4.63

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
cwan6.4B12.252.8733.75%73.74%46.52
Salesforce 235.0B38.473.8810.31%16.08%19.81
Intuit 184.8B53.969.1917.84%19.07%0.35
Procore Technologies 10.2B-94.188.36-11.54%-11.58%5.94
Paylocity Holding 9.8B44.287.9920.04%14.24%14.09
Appfolio 9.7B48.7321.2449.12%23.54%8.70

Financial data is updated regularly. All figures are in the company's reporting currency.